The latest report by IMARC Group, titled “Semiconductor Foundry Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global semiconductor foundry market reached a value of US$ 72.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 111.2 Billion by 2027, exhibiting at a CAGR of 7.44% during 2022-2027.
Semiconductor Foundry Market Overview:
Semiconductors are the primary components of automotive electronic parts, such as sensors, ECUs and infotainment systems. A semiconductor foundry, or fab and fabrication plant, is a manufacturing plant where Integrated Circuits (ICs) are produced using photolithography. The foundries use a clean room with optimized temperature and humidity to reduce dust and vibrations. There are two types of semiconductor foundries-pure-play foundries and IDMs. Thus, they help companies design and produce innovative semiconductors that are widely needed in new products.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Semiconductor Foundry Market Trends:
The global semiconductor foundry market is primarily driven by the growing demand for smart devices, such as smartphones and high-performance computing (HPC) products. Most of the smart devices, including PCs, tablets, servers, game consoles, and 5G base stations, require an IC to function. In addition to this, the rising demand for ICs from the automotive industry and connective car sector is expanding the overall semiconductor foundry market. Some of the other factors, such as the product integration with machine learning, rapid industrial automation and widespread implementation of IoT-enabled devices, are further creating a positive outlook for the semiconductor foundry market.
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The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- DB HiTek
- Fujitsu Semiconductor
- Samsung Group
- Semiconductor Manufacturing International Corporation
- Tower Semiconductor Ltd.
- United Microelectronics Corporation
Key Market Segmentation Breakup by:
- Consumer Electronics
- Pure Play Foundry
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Scope and Methodology
- Executive Summary
- Global Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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Also Read: Specialty Paper Market Research Report 2022-2027: https://incomescircle.com/2022/07/27/specialty-paper-market-outlook-size-growth-report-2022-27/