New York, Sept. 28, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Global Semiconductor Device Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022 – 2027)” – https:/ /www .reportlinker.com/p06321515/?utm_source=GNW
– The semiconductor industry is expected to continue its robust growth during the forecast period to meet the growing demand for semiconductor materials in emerging technologies, such as artificial intelligence (AI), autonomous driving, the Internet of Things and 5G, coupled with competition between major players and constant spending on R&D.
– The study covers various semiconductors offered by vendors and the industries that use them. Estimates for end-user industries are derived based on the type of application the semiconductors provide in that industry.
– The COVID-19 outbreak across the globe has significantly disrupted the supply chain and production of the market studied during the initial phase of 2020. For circuit and chip manufacturers, the impact has been more strict. Due to labor shortages, many packaging and testing factories in the Asia-Pacific region have reduced or even suspended operations. It has also created a bottleneck for end-product companies that rely on semiconductors.
– However, according to the Semiconductor Industry Association, after the first quarter of 2020, the semiconductor industry began to recover. Despite the logistical challenges related to the coronavirus, semiconductor facilities located in Asia-Pacific continued to operate normally with high speeds. Moreover, in various countries, such as South Korea, most semiconductor operations continued uninterrupted and chip exports increased by 9.4% in February 2020. The COVID-19 pandemic increased the demand for semiconductors in the consumer electronics and automotive sectors, mainly due to the growing adoption of electric vehicles after the pandemic.
Main market trends
Integrated circuit to hold a large part
– The increasing proliferation of smartphones, feature phones and tablets is driving the market. Analog ICs are used in a wide range of applications, including third- and fourth-generation (3G/4G) radio base stations and portable device batteries. RFICs (Radio Frequency ICs) are analog circuits that typically operate in the frequency range of 3 kHz to 2.4 GHz (3,000 hertz to 2.4 billion hertz) and would operate at approximately 1 THz (1,000 billion hertz). They are widely used in cell phones and wireless devices. As they are under development, the market for analog ICs in this segment is expected to grow.
– In the overall IC market, logic ICs are the widely adopted component and are expected to witness significant growth during the forecast period. Logic chips have a wide range of applications in almost all digital products, from smartphones to arithmetic logic units (ALUs). In recent years, the growth of automotive and smartphone industry has mainly driven the growth of logic semiconductor component. However, the growth of applications like HPC and AI is now expanding the scope of logic components.
– The market offers different types of memory, such as DRAM, SRAM, Nor Flash, NAND Flash, ROM and EPROM, among others. Semiconductor memory refers to various electronic data storage devices that find applications as computer memory in computers (PCs, laptops), consumer devices (cameras, phones), commercial computing applications (telecom, data centers), traditional industrial applications and the emerging IoT spectrum. apps. Growing adoption of memory ICs in automotive electronics and increasing application of memory storage chips in electronic devices are the major factors driving the demand for DRAM products.
– The growing demand for data centers is also driving the demand for memory components. Currently, large data center projects in North America have contributed to the high demand for memory, such as DRAM. However, according to the measurement of data center space per user, China’s Internet data centers are expected to reach at least 22 times that of the United States, or at least ten times the current space of Japan. Therefore, DRAM has a significant growth opportunity and hence impacts the semiconductor industry.
The automotive sector will hold a significant market share
– Semiconductor chips have become an integral part of modern vehicles, due to their widespread use in various vehicle functions. Chips used in cars can take many forms ranging from single components containing a single transistor to complex integrated circuits controlling a complex system. For example, chips are found in the LED light elements of vehicles. Each diode inside an LED light unit is a chip that emits light. LED headlights alone are a huge number of chips in modern cars. Lighthouses also need control units to operate them.
– The growing need for better safety and advanced driver assistance systems (ADAS) in cars has accelerated the demand for semiconductors. Intelligent functions, such as rear view cameras, adaptive cruise control, blind spot detection, lane change assistance, airbag deployment and emergency braking systems, are made possible by technologies semiconductors. Additionally, ADAS covers a wide range of sensors, including image and camera sensors for vision-based features, ultrasonic sensors for short-range features such as parking assist, and sensors radar and lidar for object detection in dark or foggy conditions.
– In March 2022, Renesas Electronics Corporation, a provider of advanced semiconductor solutions, announced the expansion of its collaboration with Honda in the field of ADAS. Previously, Honda had adopted Renesas’ R-Car system-on-a-chip (SoC) automotive system and RH850 automotive MCU for its Honda SENSING Elite system featured in the caption. With the expansion of the partnership, Honda will use R-Car and RH850 in the Honda SENSING 360 omnidirectional driver assistance and safety system.
– Rising demand for electric vehicles is expected to open new growth opportunities for the market studied. An increasing number of electronic devices and sensors are used in electric vehicles, which is driving the demand for semiconductor chips. For example, according to the International Energy Agency (IEA), the number of battery electric vehicles (BEVs) in use has increased from 1.2 million in 2016 to 11.3 million in 2021 worldwide.
– In addition, China was the leading producer of electric vehicles in 2021 (Source: IEA). Sales in the European region also showed robust and continued growth (up 65% to 2.3 million) after the 2020 boom, which also increased in the United States after two years of decline. With sales of electric vehicles expected to follow a similar growth pattern, the automotive industry is expected to have a significant impact on the growth of the market studied over the forecast period.
The global semiconductor device market is experiencing fluctuations with increasing consolidation, technological advancements, and geopolitical scenarios. Moreover, in a market where sustainable competitive advantage through innovation is significantly high, competition will only increase. In such a situation, brand identity plays a major role, given the importance of quality that end users expect from a semiconductor manufacturer. With the presence of large incumbents in the market, such as Intel Corporation, Nvidia Corporation, Kyocera Corporation, Qualcomm Technologies Inc. and STMicroelectronics NV, the market penetration levels are also high.
The level of innovation, time-to-market and performance are the key words by which players differentiate themselves on the market. Overall, the intensity of competitive rivalry increases moderately over the forecast period.
– July 2022 – Ericsson, Qualcomm Technologies Inc. and French aerospace company Thales plan to take 5G out of this world and through a network of satellites in Earth orbit. After conducting detailed research, which includes multiple studies and simulations, the parties plan to initiate testing and validation focused on smartphone use cases of 5G non-terrestrial networks (5G NTN).
– March 2022 – Intel released the first phase of its plans to invest approximately €80 billion in the European Union over the next decade across the entire semiconductor value chain, including including research and development (R&D), manufacturing and packaging technologies. In this investment, the company plans to invest approximately 17 billion euros in the establishment of a mega-site for semiconductor manufacturing in Germany, as well as the development of a new R&D and design facility in Germany. France, and to invest in R&D, manufacturing and foundry services in Germany. Italy, Ireland, Poland and Spain.
Reasons to buy this report:
– The market estimate sheet (ME) in Excel format
– 3 months of analyst support
Read the full report: https://www.reportlinker.com/p06321515/?utm_source=GNW
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.