Electrical And Electronics Manufacturing

Insights Into The Integrated Circuits Market’s Growth Opportunities Through 2023-2032 – Includes Integrated Circuits Market Share

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The increasing adoption of the Internet of things (IoT) are expected to drive innovation in integrated circuits manufacturing, thus driving the market during the forecast period.

 

The global integrated circuits market is expected to grow from $389.31 billion in 2022 to $427.02 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The global integrated circuits market is expected to grow to $596.77 billion in 2027 at a CAGR of 8.7%.

 

Get A Free Sample On The Global Integrated Circuits Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2766&type=smp

 

Global Integrated Circuits Market Segments Include:

  • By Product Type: Digital IC, Analog IC, Mixed-Signal IC
  • By Application: Automotive, Industrial, Consumer Electronics, IT & Telecommunication, Health Care, Aerospace & Defense, Other Applications
  • By Type: General-purpose IC, Application-specific IC
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global integrated circuits market in 2021.

 

Major Market Players in the integrated circuits market include Intel Corporation, Texas Instruments, Analog Devices, STMicroelectronics, NXP, ON Semiconductor, Micron, Toshiba, Broadcom, and Qualcomm.

 

Increased use of next-generation mobile networks, such as 4G and 5G, requires the installation of new infrastructure. Chipsets such as radio frequency integrated circuits, system on chips, application specific integrated circuits, cellular integrated circuits, and millimeter-wave integrated circuits are mainly used in the development of 5G infrastructure, which creates a high demand for integrated circuits. Deployment of 5G as the demand driver that will require semiconductors for infrastructure is rose the revenue of semiconductors from US$422.8 billion in 2019 to US$448 billion in 2020.

 

The Integrated Circuits Global Market Report 2023 provides a integrated circuits market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The integrated circuits market forecast analyzes integrated circuits market size, integrated circuits market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

An integrated circuit is a small chip that acts as an amplifier, an oscillator, a timer, and a memory computer. An integrated circuit is a small wafer that can accommodate hundreds to millions of transistors, resistors, and capacitors. Integrated circuits are used in various applications such as automobiles, telecommunication, aerospace and defense, and consumer electronics.

 

Explore Similar Reports From The Business Research Company:

Integrated Geophysical Services Global Market Report 2023

Integrated Facility Management Global Market Report 2023

Integrated Bridge System Global Market Report 2023

 

Learn More About The Business Research Company

The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

 

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas
+1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on:

Leave a Reply

Your email address will not be published. Required fields are marked *