According to IMARC Group’s latest report, titled “China Semiconductor Market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the China semiconductor market grew at a CAGR of 11% during 2015-2020. Looking forward, the market is expected to continue its strong growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Semiconductors are widely used to facilitate electrical conductivity between insulators and conductors when exposed to heat, light or voltage. These materials are compact in size, highly reliable and power-efficient. As a result, they are widely utilized in the manufacturing of sensors, integrated circuits and microwave devices across the automotive, consumer electronics, healthcare and telecommunication sectors.
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Market Trends
The market in China is primarily driven by considerable growth in the consumer electronics industry. With the increasing penetration of smartphones and laptops in the country, there has been a rising demand for high-performance semiconductors, which is providing an impetus to the market growth. Moreover, the growing adoption of automotive lighting systems and the advanced driver assistance systems (ADAS) has also led to the increased uptake of semiconductors in China. The market is further driven by the widespread integration of semiconductor materials with remote sensing and the Internet of Things (IoT). Some of the other factors contributing to the growth include the advent of Industry 4.0 and continual research and development (R&D) activities conducted by key players.
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List of Key Companies Covered in this Market Report:
HiSilicon (Shanghai) Technologies Co. Ltd. (Huawei Technologies Co. Ltd.)Infineon Technologies AGMicron Technology IncNXP Semiconductors N.V.On SemiconductorOmniVision Technologies Inc.Samsung ElectronicsSK hynix IncSTMicroelectronicsTianjin zhonghuan Semiconductor Co. Ltd.The report has segmented the market on the basis of industry type, end user, material used, functions, and region.
Breakup by Industry Type:
DesignManufacturePackaging and TestingBreakup by End User:
AutomotiveIndustrialData CentreTelecommunicationConsumer ElectronicsAerospace and DefenseHealthcareOthersBreakup by Material Used:
Silicon CarbideGallium Manganese ArsenideCopper Indium Gallium SelenideMolybdenum DisulfideBismuth TellurideBreakup by Functions:
ICsDiscrete DevicesOptical DevicesSensorsMicrowave DevicesHybrid ICsBreakup by Region:
GuangdongShandongHenanSichuanJiangsuOthersKey highlights of the report:
Market Performance (2015-2020)Market Outlook (2021- 2026)Porter’s Five Forces AnalysisMarket Drivers and Success FactorsSWOT AnalysisValue ChainComprehensive Mapping of the Competitive LandscapeIf you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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