NewswireToday - /newswire/ -
Noida, Uttar Pradesh, India, 2010/09/03 - With the demand for consumer electronics, PC’s and the Mobile Phone market growing and the growing Asia-pacific region the semiconductor industry is expected to grow at double digit CAGR to reach US$ 288.24 by 2013.
As per our new research report “Semiconductor Industry Forecast to 2012”, the semiconductor market is largely being considered as a sophisticated and capital-intensive enterprise, incorporating a wide range of highly advanced technologies that stimulate growth in other industries through the use of electronics.
Semiconductors have become increasingly essential for the growth of core industries such as automobiles and aircraft. Moreover, chips are widely used in personal computers (PCs), household appliances, digital watches, calculators and other electronics products. The rising demand for PCs, mobiles and other consumer electronics will fuel growth in the semiconductor industry, which is expected to grow at a CAGR of around 10% between 2009 and 2013.
The growth in the industry is majorly driven by the growth in the Asia-Pacific region which accounts for more than 50% of the total semiconductor market and in the coming period also the trend will be sustaining. Among the Asia-Pacific region Taiwan accounts for the maximum growth in the semiconductor equipment market and is considered to be one of the largest market.
“Semiconductor Industry Forecast to 2012” provides an extensive research and thorough analysis of the semiconductor market across the globe. The report critically examines and provides unbiased view of the global semiconductor industry, including current and future market size of different segments. It also highlights various potential application areas that continue to grow despite the global crisis.
Our report helps the clients to analyze trends and developments in the semiconductor market, giving exclusive insight into future potential of various countries analyzed in it. The report features exclusive forecast for various semiconductor segments including: integrated circuits, discrete semiconductors, optoelectronics, sensors, wafer processing equipment, assembly & packaging equipment, testing equipment, wafer fabrication materials and packaging material. We have also included the competitive landscape and done the SWOT analysis which will help client in analyzing the strategies.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.