Semiconductor Micro Components Market size to grow by USD 29.83 billion from 2022 to 2027, APAC to account for 80% of the market growth - Technavio
NEW YORK, May 23, 2023 /PRNewswire/ -- The semiconductor microcomponents market size is set to grow by USD 29.83 billion between 2022 and 2027 and register a CAGR of almost 4.39%, according to Technavio's latest market research report. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.
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Factors such as an increase in new product development, the rise in demand for smartphones and tablets, and increasing demand from the defense and military sectors will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The semiconductor microcomponents market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
Semiconductor Micro Components Market 2023-2027: Segmentation
Insights on the market contribution of various segments, including country- and region-wise data, historic data (2017 to 2021), and forecast market size (2023 to 2027): https://www.technavio.com/talk-to-us?report=IRTNTR70064
Semiconductor Micro Components Market 2023-2027: Vendor Analysis and Scope
Some of the major vendors of the semiconductor microcomponents market in the Semiconductors & Semiconductor Equipment industry include ABB Ltd., ADVACAM Oy, ADVANCED MICRO DEVICES INC., Allegro MicroSystems Inc., Analog Devices Inc., Hendon Semiconductors, Infineon Technologies AG, Micro Hybrid Components, Micron Technology Inc., Microsemi Corp., Nichia Corp., NXP Semiconductors NV, Panasonic Holdings Corp., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Seoul Semiconductor Co. Ltd., STMicroelectronics NV, Texas Instruments Inc., Toshiba Corp., and Utmel Electronics.
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the semiconductor microcomponents market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
abb.com- The company offers semiconductor micro components which is designed to be used in application related to solar panel cells.
xilinx.com- The company offers semiconductor micro components which is designed to be used in computer processing applications.
analog.com- The company offers semiconductor micro components which is designed to be used in electronics devices.
The report also covers the following areas:
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Semiconductor Micro Components Market 2023-2027: Key Highlights
Dynamic Random Access Memory (DRAM) Market- The dynamic random access memory (DRAM) market size is estimated to grow at a CAGR of 19.92% between 2022 and 2027. The market size is forecast to increase by USD 163.03 billion.
Infrared (IR) Light-emitting Diode (LED) Market- The infrared light-emitting diode market size is estimated to grow at a CAGR of 8.09% between 2022 and 2027. The market size is forecast to increase by USD 242.69 million.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.
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