Global Semiconductor & Electronic Parts Manufacturing Market Size, Share, and COVID-19 Impact Analysis, Russia-Ukraine War Impact, Tariff Analysis, By Product Type (Active Components, Passive Components, Optoelectronic Components, Electromechanical Components, and Discrete Components), By Application (Consumer Electronics, Telecommunications, Automotive, Industrial, and Healthcare), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035

Semiconductor & Electronic Parts Manufacturing Market Summary, Size & Emerging Trends

According to Spherical Insights, The Global Semiconductor & Electronic Parts Manufacturing Market Size is Expected to grow from USD 618.5 Million in 2024 to USD 1089.5 Million by 2035, at a CAGR of 5.28% during the forecast period 2025-2035. The growing demand for consumer electronics, along with an increasing technological advancement in semiconductor manufacturing, is a key growth driver for the global semiconductor & electronic parts manufacturing market.

Key Market Insights

• North America is expected to account for the largest share in the Semiconductor & Electronic Parts Manufacturing market during the forecast period.
• In terms of product type, the active components segment is projected to lead the semiconductor & electronic parts manufacturing market throughout the forecast period
• In terms of application, the consumer electronics segment captured a significant portion of the market

Global Market Forecast and Revenue Outlook

• 2024 Market Size: USD 618.5 Million
• 2035 Projected Market Size: USD 1089.5 Million
• CAGR (2025-2035): 5.28%
• North America: Largest market in 2024
• Asia Pacific: Fastest growing market

Semiconductor & Electronic Parts Manufacturing Market

The semiconductor & electronic parts manufacturing market encompasses the designing, production, and assembly of essential electronic components such as integrated circuits, microprocessors, and printed circuit boards. The manufacturing process is performed in highly specialized semiconductor fabrication plants, foundries, with the central part being the ‘clean room’. Further, automated advanced fabrication facilities in the production aid in automated material handling systems, taking care of the transport of wafers from machine to machine. 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.  

Semiconductor & Electronic Parts Manufacturing Market Trends

• IoT and advancements in computing technology
• Adoption of 5G technology improves the connectivity of assets in semiconductor manufacturing floors
• Integration of AI into manufacturing workflows for optimizing operations and improving product quality
• Advanced packaging solutions increase capability and reduce power consumption and cost.

Semiconductor & Electronic Parts Manufacturing Market Dynamics

Driving Factors: Growing demand for consumer electronics, along with an increasing technological advancement in semiconductor manufacturing, are driving growth in the semiconductor & electronic parts manufacturing market

The trend towards connected homes is supporting the penetration of smart appliances, thereby contributing to driving the semiconductor & electronic parts manufacturing market. With the increasing disposable income, consumers are spending more on housing and equipping their homes with upcoming technological products. Integration of semiconductor technology into the digital ecosystem is positively impacting the industry by growing investment in the industry.

Restrain Factors: The Semiconductor & Electronic Parts Manufacturing market faces challenges due to the difficulty in managing quality

Manufacturing of semiconductors is a complex task, requiring the production of tiny structures in the nanometer range. Difficulty in managing the quality of finished product in cost cost-effective way is a challenging factor.

Opportunity: Advancements in artificial intelligence and machine learning are creating new opportunities in the Semiconductor & Electronic Parts Manufacturing market

AI technology in the semiconductor industry aids in producing processors that are quicker, smaller, and use less energy. AI-powered electronic design automation (EDA) tools enable the automation of repetitive tasks such as schematic generation and layout optimization in chip manufacturing.

Challenges: Supply chain disruptions and geopolitical tensions

Supply chain disruptions and geopolitical tensions lead to production delays and increased costs. The semiconductor industry heavily relies on a complex network of suppliers, and disruption in any part of the supply chain leads to a shortage of crucial components needed for chip manufacturing.

Global Semiconductor & Electronic Parts Manufacturing Market Ecosystem Analysis

The Global Semiconductor & Electronic Parts Manufacturing Market ecosystem includes specialized materials, electronic design automation (EDA) tools, wafer fabrication, equipment manufacturing, electronic design and engineering services, front-end and back-end manufacturing, electronic assembly, testing, and packaging. Key technologies involve advanced lithography and wafer fabrication for creating smaller, more powerful, and energy-efficient semiconductors. Market growth is driven by growing demand for consumer electronics, while complexity in semiconductor manufacturing remains a challenge. Opportunities are offered by the integration of artificial intelligence and machine learning.

Global Semiconductor & Electronic Parts Manufacturing Market, By Product Type

The active components segment led the semiconductor & electronic parts manufacturing market, generating the largest revenue share. This dominance can be attributed to the growing need for active electronic components, along with the growing popularity of smartphones, laptops, and other wearable devices. Active components, including transistors and diodes, play a fundamental role in modern electronic devices.

The electromechanical components segment in the semiconductor & electronic parts manufacturing market is expected to grow at a significant CAGR over the forecast period, driven by the industrial sector's demand for electromechanical components. Electromechanical components are used across applications from switches to robotic systems, functions to create a bridge between electronic and mechanical domains for transferring motion or data.

Global Semiconductor & Electronic Parts Manufacturing Market, By Application

The consumer electronics segment held a significant market share in the semiconductor & electronic parts manufacturing market, due to the growing demand for advanced semiconductor components. The segment includes smartphones, computers, televisions, gaming consoles, and other home appliances that are used daily for residential and commercial applications.

The telecommunication segment in the semiconductor & electronic parts manufacturing market is projected to register a significant CAGR, driven by the ongoing expansion of 5G networks, driving demand and ensuring robust growth. Semiconductors have significant applications in data centers and network infrastructure for processing, storing, and transmitting data efficiently.

North America is expected to account for the largest share of the semiconductor & electronic parts manufacturing market during the forecast period, driven by the rising demand for advanced technologies like artificial intelligence, 5G, and electric vehicles, which drives the need for sophisticated semiconductor components. Demand for advanced electronic devices/components is growing significantly, creating a favourable ecosystem in the market.

The United States is anticipated to hold the largest share in the semiconductor & electronic parts manufacturing market, fueled by increasing investment in domestic semiconductor manufacturing and innovation in wafer processing. Further, an increasing need for semiconductor & electronic parts for wired communication, consumer electronics, among others, is propelling the market demand.

Asia Pacific is expected to grow at the fastest CAGR in the semiconductor & electronic parts manufacturing market during the forecast period. This rapid growth is driven by increasing demand for advanced manufacturing equipment, proliferation of 5G, AI, and IoT technologies. Further, an increasing demand from consumer electronics, automotive, telecommunications, and industrial sectors is propelling the market demand.

China is rapidly expanding in the semiconductor & electronic parts manufacturing market, due to the country’s strategic push towards semiconductor self-sufficiency driven by national strategies like “Made in China 2025”. Adoption of emerging technologies, including IIoT, blockchain, and enhanced communication, is propelling the semiconductor & electronic parts manufacturing market.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations companies involved within the semiconductor & electronic parts manufacturing market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

WORLDWIDE TOP KEY PLAYERS IN THE SEMICONDUCTOR & ELECTRONIC PARTS MANUFACTURING MARKET INCLUDE

• 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
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Product Launches in Semiconductor & Electronic Parts Manufacturing

• 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