Global Semiconductor & Electronic Parts Manufacturing Market Size To Exceed USD 1089.5 Billion By 2035 | CAGR of 5.28%
Category: Semiconductors & ElectronicsGlobal Semiconductor & Electronic Parts Manufacturing Market Size To Exceed USD 1089.5 Billion By 2035
According to a research report published by Spherical Insights & Consulting, The Global Semiconductor & Electronic Parts Manufacturing Market Size is expected to grow from USD 618.5 Billion in 2024 to USD 1089.5 Billion by 2035, at a CAGR of 5.28% during the forecast period 2025-2035.
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Browse key industry insights spread across 240 pages with 120 Market data tables and figures & charts from the report on the "Global Semiconductor & Electronic Parts Manufacturing Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Active Components, Passive Components, Optoelectronic Components, Electromechanical Components, Discrete Components), By Application (Consumer Electronics, Telecommunications, Automotive, Industrial, Healthcare), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/semiconductor-and-electronic-parts-manufacturing-market
The semiconductor & electronic parts manufacturing market is the industry encompassing the designing, production, and assembly of essential components like integrated circuits, microprocessors, and printed circuit boards. There is growing demand for semiconductors in the automotive industry, including electric cars and automated driving systems. Further, cloud computing and the expansion of data centers are creating demand for more advanced semiconductor solutions, encouraging innovation and production in the industry. Technological advancements, including artificial intelligence and machine learning in the semiconductor industry, are escalating the market growth opportunities. An increasing demand for consumer electronics, along with an increasing technological advancement in semiconductor manufacturing, is driving the market. On the contrary, challenges associated with managing the quality of finished products as well as supply chain disruptions are restraining the market.
The active components segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product type, the semiconductor & electronic parts manufacturing market is divided into active components, passive components, optoelectronic components, electromechanical components, and discrete components. Among these, the active components segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The increasing need for active electronic components, along with the growing popularity of smartphones, laptops, and other wearable devices, is driving the market.
The consumer electronics segment accounted for a significant share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the semiconductor & electronic parts manufacturing market is divided into consumer electronics, telecommunications, automotive, industrial, and healthcare. Among these, the consumer electronics segment accounted for a significant share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment includes smartphones, computers, televisions, gaming consoles, and other home appliances that are used daily for residential and commercial applications. Demand for advanced semiconductor components is propelling the market.
North America is expected to hold the majority share of the global semiconductor & electronic parts manufacturing market during the forecast period.
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North America is expected to hold the majority share of the global semiconductor & electronic parts manufacturing market during the forecast period. Demand for advanced electronic devices/components is growing significantly, creating a favourable ecosystem in the semiconductor & electronic parts manufacturing market. Further, there is a rising demand for advanced technologies like artificial intelligence, 5G, and electric vehicles, which drives the need for sophisticated semiconductor components.
Asia Pacific is anticipated to grow at the fastest pace in the global semiconductor & electronic parts manufacturing market during the forecast period. An increasing demand from consumer electronics, automotive, telecommunications, and industrial sectors is propelling the market demand. The growing demand for advanced manufacturing equipment, proliferation of 5G, AI, and IoT technologies, is further promoting the market growth.
Major vendors in the global Semiconductor & Electronic Parts Manufacturing market are Jabil Inc., Intel Corporation, Samsung Electronics Co. Ltd, Taiwan Semiconductor Manufacturing Company Limited, SK Hynix Inc., Micron Technology Inc., Qualcomm Technologies Inc., Broadcom Inc., Texas Instruments Inc., Sumitronics Corporation, SIIX Corporation, Flex Ltd, Nortech Systems Incorporated, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In April 2022, Kyocera Corporation announced a plan to build the largest manufacturing facility it has ever operated in Japan, expanding production capacity for components, including organic semiconductor packages and crystal device packages.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Semiconductor & Electronic Parts Manufacturing market based on the below-mentioned segments:
Global Semiconductor & Electronic Parts Manufacturing Market, By Product Type
- Active Components
- Passive Components
- Optoelectronic Components
- Electromechanical Components
- Discrete Components
Global Semiconductor & Electronic Parts Manufacturing Market, By Application
- Consumer Electronics
- Telecommunications
- Automotive
- Industrial
- Healthcare
Global Semiconductor & Electronic Parts Manufacturing Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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