According to a market report by Lucintel, the future of the semiconductor logic market looks promising with opportunities in the consumer electronic, aerospace and defense, automotive, industrial, healthcare, telecommunication and networking, manufacturing, and communication industries. The global semiconductor logic market is expected to reach an estimated $185.8 billion by 2028 with a CAGR of 8.0% from 2023 to 2028. The major drivers for this market are an increase in demand for consumer electronics and automobiles along with rise in demand to reduce power consumption of electronic devices and modernization of telecommunication infrastructure.
In this market, high end programmable logic ICs, ultra-low power programmable logic ICs, mixed signal programmable logic ICs, programmable logic device, and programmable logic ICs, are different products of semiconductor logic market. Lucintel forecast that programmable logic devices will remain the largest product segment over the forecast period due to increasing demand from various industries, such as consumer electronics, computer industrial control systems, and telecommunications.
Within this market, consumer electronics segment is projected to record the highest growth due to increasing disposable income, which has driven the demand for consumer electronic devices, such as smartphones, laptops, and tablets.
Asia Pacific is expected to witness the highest growth during the forecast period due to an increase in demand for consumer electronics and automotive in emerging countries, such as China and India.
Intel Corporation, Infineon Technologies, Renesas Electronics, NXP Semiconductors, STMicroelectronics, Broadcom Inc., Samsung Electronics Co., and Texas Instruments are the major suppliers in the global semiconductor logic market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global semiconductor logic market by product, type, end use industry, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Semiconductor Logic Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The 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 a forecast for the global semiconductor logic market by product, type, end use industry, and region, as follows:
Semiconductor Logic Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:
High End Programmable Logic ICs
Ultra-Low Power Programmable Logic ICs
Mixed Signal Programmable Logic ICs
Programmable Logic Device
Programmable Logic ICs
Others
Semiconductor Logic Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Special Purpose Logic
Display Drivers
Semiconductor Logic Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
Consumer Electronics
Aerospace and Defense
Automotive
Industrial
Healthcare
Telecommunication and Networking
Manufacturing
Communication
Others
Semiconductor Logic Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page 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 email us at
helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global semiconductor logic market by product (high end programmable logic ICs, ultra-low power programmable logic ICs, mixed signal programmable logic ICs, programmable logic device, programmable logic ICs, and others), type (special purpose logic and display drivers), end use industry (consumer electronics, aerospace and defense, automotive, industrial, healthcare, telecommunication and networking, communication, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years and how did they impact the industry?