According to a new market report published by Lucintel, the future of the semiconductor foundry market looks promising with opportunities in the communication, consumer electronics, and automotive industries. The global semiconductor foundry market is expected to grow with a CAGR of 7% from 2020 to 2025. The major drivers for this market are increasing demand for lower-end smartphones and increasing demand for Interet of Things (IoT).
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In this market, pure-play foundries and IDMs are the major product types used.
Within this market, automotive is expected to witness the highest growth over the forecast period due to electrification and automation of automobiles that have led to increased demand for semiconductor wafers.
Asia-Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to the presence of the world's most crucial semiconductor foundries in this region.
Fujitsu, Global Foundries, NXP Semiconductors NV, ON Semiconductor Corp, Samsung Electronics Co. Ltd, Semiconductor Manufacturing International Corp, STMicroelectronics, Taiwan Semiconductor Manufacturing Company Ltd, United Microelectronics Corp are among the major suppliers in the global semiconductor foundry market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global semiconductor foundry market by product type, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Semiconductor Foundry Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global semiconductor foundry market by product type, end use industry, and region as follows:
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
By End Use Industry [Value ($ Million) shipment analysis for 2014 – 2025]:
Communications
Consumer Electronics
Automotive
Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
China
India
Japan
South Korea
Taiwan
The Rest of the World
A more than 150 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.