The industry research report titled, “Semiconductor And Related Devices Global Market Report 2018Including: Integrated Circuits; Memory Chips; Microprocessors; OthersCovering: Samsung Electronics Co Ltd,Intel Corporation,Taiwan Semiconductor Mfg. Co. Ltd.,QUALCOMM Incorporated,Toshiba Corp” offers the required critical information to all its users including the strategists, marketers and senior management such that they can well evaluate the global semiconductor and related devices market. It provides the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry along with all the sales data, permitting its users to recognize the major drivers and restraints.
A semiconductor refers to a substance which conducts electricity under some but not all circumstances. Generally, the manufacturers of such semiconductors are able to modify conductivity either by introducing sensitivity to heat or light, or by altering conductivity based on the direction of the current. Semiconductor devices and other electronic circuit component are usually made from a material that is neither a good conductor nor a good insulator.
Such devices have discovered a variety of applications over the years due to their compactness, reliability, and low cost. Semiconductor products mainly include integrated circuits, memory chips, sensors, microprocessors, diodes, transistors, solar cells and other optoelectronic devices; which are experiencing an ever growing demand via evolution of technology in the world.
The report mainly caters to all the markets namely: Integrated Circuits; Memory Chips; Microprocessors; and Others across all regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The key market players across the globe namely include- Samsung Electronics Co Ltd,Intel Corporation,Taiwan Semiconductor Mfg. Co. Ltd.,QUALCOMM Incorporated, and Toshiba Corp.
The global semiconductor and related devices market has registered a value of somewhere near USD 360.9 billion in 2017 wherein Asia Pacific has reckoned to be the largest market accounting for a major proportion of about 55.1% of the entire global market. In Asia Pacific, China has been the largest country that covered the major share accounting for nearly USD 81.3 billion and contributing about 22.5% to the global semiconductor and related devices market.
Industrial internet of things has been observed as one of the key trends in the semiconductor global machinery market. IIoT generally involves a technology in which sensors, computers, networks interact with their environment for creating information and improving the industrial processes. Through this, the flow of information is streamlined and it also enables many real-time decisions. Overall, this trend has noticed enhancement in the production efficiency, minimal machine breakdowns and lower manufacturing costs; ultimately providing an impetus for growth in the industry. Therefore, five years from now, the global market is anticipated to record huge revenues with emerging market demands.
In 2017, the cumulative sales have reached near about USD 409 billion worldwide and the industry has been highly competitive from a long time. With healthy competition prevailing in the market, it managed to register a growth rate of about 20.6 percent. It has also been noticed that the largest semiconductor chip maker in the industry has for a long time been Intel. All the other companies in the industry are also trying their best to beat their rivalry firms and come out to be better than companies like Intel. One thing is for sure that with this consistent ‘strive to be better’ among the global players; the market will witness great success in future.
The global semiconductor companies are recently planning to augment their competitiveness levels by amplifying their investments in the future of industry, i.e. green semiconductors. This greatly targets reduction of energy consumption as well as limits the data usage. For example, Samsung’s green DRAM-DDR4 has lessened the operating voltage and multiplied the bandwidth when compared to DDR3. Even, Tech giants in Korea are thinking of coming up with magneto resistive random access memory (MRAM) and Phase-change Memory (PRAM) as next-gen green memory solutions in the years to come so that the industry goes hand in hand with the technology advances. Hence by the end of 2018, it is anticipated that the semiconductor unit shipments will reach about USD 1,075.1 billion, recording about 9% growth for the year. These statistics are expected to continue in the global markets and a consistent rise in the growth rates year after year is expected due to amelioration in the global economy status where tech savvy products would be considered as a necessity.
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Ankur Gupta, Head Marketing & Communications