Semiconductor & Electronics Market Research Reports & Industry Analysis

Semiconductor & Electronics Market Reports, Trends, Market Size & Industry Analysis

Semiconductor & electronics industry comprises of designing, fabrication, and supply of electronic devices and semiconductors. The constant technological advancement has positively influenced the investments by businesses in the industry, which is enlarging the overall semiconductor electronics market size significantly. Moreover, a diverse group of market players can be observed in the industry, backed by the increasing demand for semiconductors to manufacture various electronics, including, diodes, transistors, and integrated circuits. The growing research and development activities, along with various automation techniques ranging from robotics, control systems, IT systems and manufacturi Read More... Semiconductor & electronics industry comprises of designing, fabrication, and supply of electronic devices and semiconductors. The constant technological advancement has positively influenced the investments by businesses in the industry, which is enlarging the overall semiconductor electronics market size significantly. Moreover, a diverse group of market players can be observed in the industry, backed by the increasing demand for semiconductors to manufacture various electronics, including, diodes, transistors, and integrated circuits. The growing research and development activities, along with various automation techniques ranging from robotics, control systems, IT systems and manufacturing execution systems, require semiconductors, which is expected to generate growth opportunities for the semiconductor & electronics industry. The ongoing industrial development globally has resulted in an up-surge in the demand for industrial batteries, wideband technology, electric switchgears, and panels, all of which require semiconductors. Some of the semiconductor & electronics market trends include the increasing use of smartphones, electric vehicles, laptops & desktops, and other electronic devices. In 2020, more than 1.3 billion smartphones were sold by smartphone vendors across the world. Further, as per a report by the World Bank, 7.325 mobile subscriptions were active in 2020. Moreover, it is observed that more than USD 750 billion were spent on the Internet of Things (IoT) technology worldwide in 2020, which is expected to reach above 1 trillion by 2023. Electric vehicles are another major end-user product that extensively use semiconductors. The increasing demand for EVs over the years, backed by rising environmental awareness amongst the people, is bound to render a positive impact on the semiconductor and electronics industry. According to the data by the International Energy Agency (IEA), 3 million electric cars were sold in 2020, which is 40% more than 2019 statistics. Along with this, the global electric car stock reached 10 million in 2020. The semiconductor electronics market reports by Kenneth Research include in-depth information of global semiconductor electronics market size, growth drivers, revenue forecasts, competitive landscape, leading players, and semiconductor & electronics market trends. Moreover, our semiconductor electronics market research analysts deliver a detailed synopsis of the industry, including business overview, products and services, key financials and recent news and developments related to the major market players, which makes us stand out amongst other semiconductor electronics market research companies. Additionally, the analysis of various trending products and services, such as, semiconductor lasers, platform screen door systems, chip-scale bundle LED, safety sensors, and others, are provided by market experts at Kenneth Research. Overall, the semiconductors market research reports are set to greatly benefit anyone, ranging from existing players looking for expansion opportunities, to new players entering the industry.

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