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Noida, Uttar Pradesh, India, 2010/09/27 - Semiconductor industry is projected to grow substantially on the back of strong recovery shown by some Asian economies, says RNCOS.
The semiconductor market is mainly 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. According to our research report “Semiconductor Industry Forecast to 2012”, global semiconductor market will grow at a CAGR of around 11% during 2011-2013 fuelled by demand from emerging Asian economies. Countries such as India and China will fuel the demand for semiconductors in the Asia-Pacific region in coming years.
We have found that Integrated circuits or ICs remains the most dominant segment of the semiconductor industry, accounting for around 84% of the total revenue in 2009 followed by optoelectronics, discrete and sensors. Our research projects that future growth will be driven by the sensors segment followed by the optoelectronics, discrete and ICs semiconductors. Increasing usage of motion-control user interfaces on consumer electronics and drop-detection/protection features in portable systems will fuel growth in this segment.
We have also found that China’s semiconductor market will witness a significant growth in the coming years. The country has emerged as one of the fastest growing markets for semiconductor consumption on the global map. One of the major reasons for this transformation has been the continuing transfer of global electronic equipment production facilities to China owing to the country’s low cost manufacturing facilities. Our expert say that Chinese semiconductor market will grow as exports of electronic products recover from the global economic crisis.
“Semiconductor Industry Forecast to 2012” provides analysis of 10 countries including the US, the UK, France, Germany, China, India, Taiwan, South Korea, Singapore, and Russia. The report studies current market trends of semiconductor industry with the analysis of leading semiconductor manufacturers around the globe. Our report thoroughly studies related industry verticals to provide valuable information. The report provides forecast on different sectors till 2013. Besides, it has analyzed every aspect of the semiconductor industry to provide the best consultancy to clients.
RNCOS 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.