7th International Conference on Theoritical, Materials and Condensed Matter PhysicsAuthor(s): Yuko Ichiyanagi
The Global Semiconductor Market is going through an interesting phase, offering immense opportunities for firms involved in the business. Although the market faced a drop in revenue due to the global economic downturn, it is expected to sustain high growth momentum in coming years with increase in demand for electronics devices and requirements in new application areas. In their latest research study, “Global Semiconductor Market Outlook to 2017”, RNCOS’ analysts identified and deciphered the market dynamics in important segments to clearly highlight the areas offering promising possibilities for companies to boost their growth. The market, estimated US$ 289.9 Billion in 2012, is slated to grow at a CAGR of 7.6% during 2013-2017. The robust growth in revenue is being driven by the growing demand for mobile devices, specially smartphones and tablets. In the report, the Global Semiconductor market is studied thoroughly on three main grounds such as players, regions and applications. The global semiconductor market will be $655.6 billion in 2025 compared to $342.7 billion in 2015 with CAGR of 6.7%. This section intends to aid companies in designing their business strategies and provide them with key insights that help them boost their profits. Further, the report analyzes global semiconductor industry performance covering analysis of the industry by segments, equipment’s, materials and products. This has helped the analysts to clearly identify and highlight the market section offering maximum opportunity for growth.