Semiconductor Foundry Market to grow by USD 42.7818 billion from 2022 to 2027; The evolution of 3D printing drives growth - Technavio

NEW YORK, Aug. 18, 2023 /PRNewswire/ -- The semiconductor foundry market size is forecast to increase by USD 42,781.83 million from 2022 to 2027, at a CAGR of 7.74%, according to the recent market study by Technavio. The growth of the market will be driven by the increasing demand for IoT, the growing demand for 14-nm/16-nm FinFET technology, and the evolution of 3D printing. Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Technavio has extensively analyzed 15 major vendors, including DB HiTek, Fujitsu Ltd., GCS Holdings Inc., GlobalFoundaries US Inc., Hua Hong Semiconductor Ltd., MACOM Technology Solutions Holdings Inc., NXP Semiconductors NV, ON Semiconductor Corp., Powerchip Semiconductor Manufacturing Corp., Robert Bosch GmbH, ROHM Co. Ltd., Samsung Electronics Co. Ltd., Semiconductor Manufacturing International Corp., Taiwan Semiconductor Manufacturing Co. Ltd., Toshiba Corp., United Microelectronics Corp., Vanguard International Semiconductor Corp., WIN Semiconductors Corp., X FAB Silicon Foundries SE, and Analog Devices Inc.

Key Benefits for Industry Players & Stakeholders – 

• The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
• It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
• The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

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Expense Management Software Market - Segmentation Assessment

This report extensively covers market segmentation by type (pure-play foundries and IDMs), application (communications, PCs/desktop, consumers, automotive, and others), and geography (North America, APAC, Europe, South America, and Middle East and Africa).

• The pure-play foundaries segment will account for a significant share of the market's growth during the forecast period. This growth is attributed to factors such as high economies of scale that allow pure-play foundries to focus on new process technologies. An increase in the construction of fabs globally, a rise in spending by the pure-play foundries, and a low level of competition faced by pure-play foundries from new entrants will also drive the segment's growth.

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Semiconductor foundry market – Market dynamics
Key factor driving market growth

• The evolution of 3D printing is driving market growth.
• 3D printing can be used in many industries, such as medical, aerospace, and automotive.
• It can also be used to manufacture Printed circuit boards (PCB).
• For instance, Taiwan Semiconductor Manufacturing Co. Ltd. and Intel are trying to use 3D printing to manufacture semiconductors.
• 3D printing is an ideal option for foundries that produce components requiring high-value and low-volume production.
• Such factors are expected to drive the global market during the forecast period.

Major challenges hindering market growth

• High fluctuations in semiconductor demand are challenging market growth.
• Products that use semiconductors include mobile devices, computers, consumer electronics, automotive goods, and telecommunication equipment.
• However, the demand for these products keeps fluctuating, which will impact the semiconductor market.
• Excess production capacity, obsolete products, and rapid price erosion of ICs drastically affect the market.
• High fluctuations can often lead to excess inventory levels during low demand and low inventory levels during high demand.
• These factors will hinder the global market growth during the forecast period.

What are the key data covered in this Semiconductor Foundry Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the semiconductor foundry market between 2023 and 2027
• Precise estimation of the size of the semiconductor foundry market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the semiconductor foundry market across North America, APAC, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of semiconductor foundry market vendors

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Table of contents

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix

About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio