Semiconductors Market in Vietnam by Device and Application- Forecast and Analysis 2021-2025
- Published: Sep 2021
- Pages: 120
- SKU: IRTNTR40861
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The semiconductors market in Vietnam has the potential to grow by USD 1.65 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.52%.
This semiconductors market research report of Vietnam provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by device (PMICs, microchips, and RFID) and application (consumer electronics, communications, automotive, medical devices, and others). The semiconductors market report of Vietnam also offers information on several market vendors, including Broadcom Inc., Hitachi Ltd., Intel Corp., ON Semiconductor Corp., Renesas Electronics Corp., Samsung Electronics Co. Ltd., SK HYNIX Inc., STMicroelectronics NV., Texas Instruments Inc., and Toshiba Corp. among others.
What will the Semiconductors Market Size in Vietnam be in 2021?
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Semiconductors Market In Vietnam: Key Drivers and Trends
The growing use of IoT is notably driving the semiconductors market growth in Vietnam, although factors such as lack of availability of skilled labor may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the semiconductors industry in Vietnam. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
This semiconductors market analysis report of Vietnam also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Semiconductors Market Vendors in Vietnam?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Broadcom Inc.
- Hitachi Ltd.
- Intel Corp.
- ON Semiconductor Corp.
- Renesas Electronics Corp.
- Samsung Electronics Co. Ltd.
- SK HYNIX Inc.
- STMicroelectronics NV.
- Texas Instruments Inc.
- Toshiba Corp.
This statistical study of the semiconductors market in Vietnam encompasses successful business strategies deployed by the key vendors. The semiconductors market in Vietnam is fragmented and the vendors are deploying growth strategies such as investing in R&D and launching new products to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The semiconductors market forecast report of Vietnam offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
What are the Revenue-generating Device Segments in the Semiconductors Market in Vietnam?
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The semiconductors market share growth in Vietnam by the power management integrated circuits (PMICs) segment will be significant during the forecast period. PMICs are used for various applications, including automotive cameras, body electronics and lighting, hybrid, electric, and power train systems, and radars. The automotive sector is expected to grow in Vietnam due to support from the government to increase the in-house production of vehicles. This is encouraging vendors such as Texas Instruments Inc. (Texas Instruments) and NXP Semiconductors NV (NXP Semiconductors) to offer PMICs for the automotive sector.
This report provides an accurate prediction of the contribution of all the segments to the growth of the semiconductors market size in Vietnam and actionable market insights on post COVID-19 impact on each segment.
What are the Key Factors Covered in this Semiconductors Market Report of Vietnam?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive semiconductors market growth in Vietnam during the next five years
- Precise estimation of the semiconductors market size in Vietnam and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of semiconductors market vendors in Vietnam
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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