Semiconductor Design Market Trends and Forecast
The future of the global semiconductor design market looks promising with opportunities in the communication, consumer electronic, automotive, industrial, and medical markets. The global semiconductor design market is expected to reach an estimated $794.7 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are increasing demand for specialized integrated circuits (ICs) in emerging technologies like AI and IoT, technological advancements in semiconductor design tools and methodologies, and growing complexity of semiconductor chips requiring advanced design expertise and innovation.
• Lucintel forecasts that FPGA is expected to witness higher growth over the forecast period.
• Within this market, communication is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Semiconductor Design Market
• United States – NVIDIA announces acquisition of ARM Holdings, aiming to expand semiconductor design capabilities for AI and edge computing. Government scrutinizes antitrust implications.
• India – Wipro Semiconductor launches new R&D center focused on semiconductor design innovation, targeting global market expansion. Government supports semiconductor manufacturing and R&D investments.
• China – Huawei Technologies invests in semiconductor design talent and tools to enhance chip development capabilities amid technological sanctions. Government promotes self-sufficiency in semiconductor technology.
• Israel – Intel establishes new semiconductor design facility in Israel, focusing on advanced chip architectures for 5G and AI applications. Government incentivizes high-tech investments in semiconductor research and development.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Semiconductor Design Market by Segment
The study includes a forecast for the global semiconductor design market by type, application, and region.
Semiconductor Design Market by Type [Value from 2018 to 2030]:
• FPGA
• ASIC
Semiconductor Design Market by Application [Value from 2018 to 2030]:
• Communication
• Consumer Electronics
• Automotive
• Industrial
• Medical
• Aerospace
• Others
Semiconductor Design Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Semiconductor Design Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies semiconductor design companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the semiconductor design companies profiled in this report include-
• Nvidia
• Broadcom
• Mediatek
• AMD
• Novatek
• Marvell
• Realtek
Recent Development in the Semiconductor Design Market
• AMD (Advanced Micro Devices): AMD unveils new high-performance computing GPU architectures for data centers, focusing on advanced semiconductor design for AI and machine learning applications.
• Cadence Design Systems: Cadence introduces a new generation of electronic design automation (EDA) tools for semiconductor design, enhancing efficiency and accuracy in IC development.
• Synopsys: Synopsys launches industry-leading solutions for semiconductor IP design and verification, addressing increasing complexity in integrated circuit designs for 5G and automotive applications.
• Arm Ltd: Arm develops next-generation CPU and GPU architectures for mobile and IoT devices, emphasizing energy efficiency and performance improvements in semiconductor designs.
Features of the Global Semiconductor Design Market
Market Size Estimates: Semiconductor design market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Semiconductor design market size by type, application, and region in terms of value ($B).
Regional Analysis: Semiconductor design market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the semiconductor design market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the semiconductor design market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the semiconductor design market size?
Answer: The global semiconductor design market is expected to reach an estimated $794.7 billion by 2030.
Q2. What is the growth forecast for semiconductor design market?
Answer: The global semiconductor design market is expected to grow with a CAGR of 6.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the semiconductor design market?
Answer: The major drivers for this market are increasing demand for specialized integrated circuits (ICs) in emerging technologies like AI and IoT, technological advancements in semiconductor design tools and methodologies, and growing complexity of semiconductor chips requiring advanced design expertise and innovation.
Q4. What are the major segments for semiconductor design market?
Answer: The future of the semiconductor design market looks promising with opportunities in the communication, consumer electronic, automotive, industrial, and medical markets.
Q5. Who are the key semiconductor design market companies?
Answer: Some of the key semiconductor design companies are as follows:
• Nvidia
• Broadcom
• Mediatek
• AMD
• Novatek
• Marvell
• Realtek
Q6. Which semiconductor design market segment will be the largest in future?
Answer: Lucintel forecasts that FPGA is expected to witness higher growth over the forecast period.
Q7. In semiconductor design market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the semiconductor design market by type (FPGA and ASIC), application (communication, consumer electronics, automotive, industrial, medical, aerospace, 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 has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Semiconductor Design Market, Semiconductor Design Market Size, Semiconductor Design Market Growth, Semiconductor Design Market Analysis, Semiconductor Design Market Report, Semiconductor Design Market Share, Semiconductor Design Market Trends, Semiconductor Design Market Forecast, Semiconductor Design Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.