Global semiconductor interconnect industry overview
Sustainable growth in the global semiconductor industry is a major factor contributing to the growth of the global semiconductor interconnect market. The increase in sales of microelectronics and consumer electronic devices is supporting the growth of the market. The demand for semiconductor ICs (internet connection sharing) is expected to increase gradually due to the advances in the consumer electronics sector such as the emergence of 3D and UHD TVs and hybrid laptops. This will create a demand for semiconductor devices, thereby driving market growth. The need for higher performance devices, in terms of speed and capacity, has created a demand for improved DRAM and NAND mobile devices and data centers. The increased production of such devices will lead to higher demand for semiconductor equipment for testing, depositing, etching, and front-end and back-end processes to confirm proper quality and performance.
Intensive competition from Asian countries in the semiconductor industry is identified as a crucial semiconductor interconnect market trend that will gain traction in the coming years. China is the largest consumer of cellphones, accounting for more than 80% of the global cellphone consumption. It also accounts for more than 70% of the global notebook and laptop and more than 75% of the global digital camera consumption. The IC market in China was valued at USD 100 billion in 2014. China has the highest semiconductor consumption in the world and the contribution of Chinese companies has yet to grow substantially. For instance, in 2014, Chinese vendors fulfilled only 10% of the total semiconductor IC consumption that was worth USD 100 billion. The sustainable growth in the global semiconductor industry coupled with intense competition from Asian countries will drive the market to register a CAGR of over 11% during the forecast period.
Top semiconductor interconnect companies covered in this market research report
The semiconductor interconnect market is fairly fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this semiconductor interconnects industry analysis report will aid clients to identify new growth opportunities and plan better strategies.
The report offers a complete analysis of various companies including:
Semiconductor interconnect market segmentation based on geographic regions
With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of this market owing to the high demand from countries such as China, South Korea, Taiwan, and Japan. The increased demand for semiconductor components such as high-power density devices is a major contributing factor to the growth of the wide bandgap (WBG) power device market in the region.
Semiconductor interconnect market segmentation based on application
The ICT segment will account for the highest growth in the market due to the growing dependence on semiconductor equipment for various applications. Additionally, the report also provides an accurate prediction of the contribution of the various applications segments to the growth of the semiconductor interconnect market size.
Key highlights of the global semiconductor interconnect market for the forecast years 2018-2022:
CAGR of the market during the forecast period 2018-2022
Detailed information on factors that will accelerate the growth of the semiconductor interconnect market during the next five years
Precise estimation of the global semiconductor interconnect market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the semiconductor interconnect industry across the Americas, APAC, and EMEA
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details on the factors that will challenge the growth of semiconductor interconnect companies
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