Global Semiconductor Foundry Market growing at a CAGR of 7.10% from 2023 to 2031
Category : Semiconductor And Electronics | Published Date : Sep 2023 | Type : Press Release
Key Market Overview
The Global Semiconductor Foundry Market was valued at USD 88.92 Billion in 2022, projected to attain market size of USD 93.51 Billion in 2023, and is expected to register a compound annual growth rate of 7.10% to reach USD 161.90 Billion in 2031.
The report highlights the increasing adoption of semiconductors in automotive, consumer electronics, and other industries. Consegic Business Intelligence provides an inclusive research report on the semiconductor foundry market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.
Global Semiconductor Foundry Market By Overview
The report analyses significant segments such as type, end-user, and region, to identify emerging trends and potential opportunities. The foundry model segment is expected to grow due to the expansion of pure-play semiconductor foundries and rising demand for semiconductors from automotive, aerospace, and other industrial sectors. Moreover, the rising advancements related to integrated device manufacturers (IDMs) is expected to drive the market growth during the forecast period.
Get Free SampleMarket Dynamics
Driver:
- Rising integration of semiconductors in automotive industry is driving the market growth.
- Growing consumer electronics sector is spurring the market growth.
Restraints:
- Prevalence of stringent standards and regulations associated with manufacturing of semiconductors is restraining the market growth.
Market Segmentation:
| Report Attributes | Report Details |
| By Foundry Model | Pure-Play Foundry and Integrated Device Manufacturer (IDM) |
| By End-User | Automotive, Aerospace & Defence, Healthcare, Consumer Electronics, Telecommunication, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The global semiconductor foundry market is highly competitive due to the presence of major players such as Taiwan Semiconductor Manufacturing Company Limited, Samsung, Globalfoundries Inc., Intel Corporation, and others operating in the global market. The market players are adopting new ways through product innovations, mergers and acquisitions, and business strategies to remain hold strong market position. Thus, evolving research and developments in semiconductor foundry market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various industries.
- Taiwan Semiconductor Manufacturing Company Limited
- United Microelectronics Corporation
- Samsung
- Semiconductor Manufacturing International Corporation (SMIC)
- Globalfoundries Inc.
- DB HITEK
- Intel Corporation
- Hua Hong Semiconductor Limited
- STMicroelectronics
- Tower Semiconductor
- X-FAB Silicon Foundries SE
- NXP Semiconductors NV
- Renesas Electronics Corporation
- Microchip Technologies Inc.
