London, 11 May 2015: Technavio, the independent tech-focused global research firm, has published a report on the global semiconductor foundry market 2015-2019, which is expected to grow at a CAGR of 8.4 % during the forecast period of 2014-2019.
“Rise in demand for smartphones and tablets will drive the market growth during the forecast period. The availability of low-cost smartphones in emerging markets like China and India and increased access to the Internet worldwide are expected to increase the shipment of smartphones by 2019.”
“Portable electronic devices like smartphones and tablets become obsolete after a short time. This is because of rapid launches of next-version models by vendors. The duration of the replacement-cycle period, on an average is 8-12 months,” says Faisal Ghaus, Vice President of Technavio.
“With the reduction in product-replacement-cycle time, the demand for semiconductor wafers in newly launched devices is expected to rise drastically and this will increase the demand for ICs.”
Key Market Drivers
- Rise in Demand for Smartphones and Tablets
- Steady Growth of Semiconductor Wafer Industry
- Increase in New Product Development
- Emergence of 3D Chip Packaging
- Decline in IC Cost per Function
Key Market Trends
- Short Replacement Cycle of Portable Electronic Devices
- Emergence of Product Miniaturization
- Rise in Number of Fabless Semiconductor Companies
- Shift from Aluminum to Copper Interconnections
- High Adoption of FinFET Architecture
- Increased R&D Spending
Key Market Vendors
- GlobalFoundries Inc.
- Samsung Semiconductor Inc.
- Semiconductor Manufacturing International Corp.
- Taiwan Semiconductor Manufacturing Co. Ltd.
- United Microelectronics Corp.
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
