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Global Semiconductor Market Demand With COVID-19 Recovery Analysis 2020 | Rising Adoption of Semiconductor ICs in Automobiles to Boost Market Growth | TechnavioThe global semiconductor market size is poised to grow by USD 90.80 billion during 2020-2024, progressing at a CAGR of over 4% throughout the forecast period, according to the latest report by Technavio' Market Research Report. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of the Market Impact of COVID-19. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200907005047/en/ Technavio has announced its latest market research report titled Global Semiconductor Market 2020-2024 (Graphic: Business Wire). The integration of semiconductors is being viewed as a key component in technological advancements by automotive manufacturers. In addition, several other developments in the automotive sector including autonomous vehicles, wireless charging, EVs, and computer-based testing will drive the need for semiconductor components. Thus, the increasing integration of advanced automotive systems such as collision warning systems, smart cameras, and autonomous braking systems, will boost the demand for semiconductor ICs during the forecast period. Register for a free trial today and gain instant access to 17,000+ market research reports Technavio's SUBSCRIPTION platform Report Highlights
Emerging Semiconductor Packaging Technologies will be a Key Market Trend The demand for advanced level packaging that helps to reduce node size and supports large volume production has compelled the development of various packaging technologies. In addition, the emergence of 3D ICs has also increased investments in packaging technologies. Several semiconductor packaging technologies are increasingly being developed and used by IDMs and OSATs to allow semiconductor manufacturers to improve the scale of production. Thus, the emergence of advanced packaging technologies will complement the growing quality and production scale requirements of semiconductor manufacturers during the forecast period. Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report Semiconductor Market 2020-2024 : Key Highlights
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Executive Summary Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. View source version on businesswire.com: https://www.businesswire.com/news/home/20200907005047/en/ |