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.

  • The growth in the use of IoT is one of the major drivers for the growth of the semiconductors market in Vietnam as it allows the transfer of data over a network without requiring human-to-computer or human-to-human interaction.
  • Smart devices and connected devices are embedded with software, electronic components, and sensors with computer network connection capability, which enable them to collect and transmit data.
  • The increase in power efficiency enhances the battery life of devices, which is important for mobile computing devices such as notebooks, ultra-portables, and wearables.
  • IoT devices require ICs which ensures that the microprocessor or microcontrollers start in the same condition, which protects the device.
  • Smart home technology also referred to as home automation, provides comfort, convenience, security, and energy efficiency by allowing the homeowners to control smart devices through a networked device of an application on their smartphones.
  • Smart home systems and devices operate together by sharing consumer usage data and automate actions based on the users’ preferences.
  • Smart home systems are connected to cameras, sensors, and control systems, wherein technology is used for allocating services and managing and transferring information.
  • As smart appliances and devices require semiconductors to function, the adoption of smart home technology will subsequently drive the demand for semiconductors.

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.

 

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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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Semiconductors Market Scope in Vietnam

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.52%

Market growth 2021-2025

$ 1.65 billion

Market structure

Fragmented

YoY growth (%)

5.12

Key consumer countries

Vietnam

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Consumer electronics - Market size and forecast 2020-2025
    • Communications - Market size and forecast 2020-2025
    • Automotive - Market size and forecast 2020-2025
    • Medical devices - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Application

    Market Segmentation by Device

    • Market segments
    • Comparison by Device
    • PMICs - Market size and forecast 2020-2025
    • Microchips - Market size and forecast 2020-2025
    • RFID - Market size and forecast 2020-2025
    • Market opportunity by Device

    Customer landscape

    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • 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.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    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.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    The semiconductors market growth will increase by $1646.85 million during 2020-2025.
    The semiconductors market is expected to grow at a CAGR of 6.52% during 2020-2025.
    Technavio has segmented the semiconductors market by device (PMICs, Microchips, and RFID) ,application (Consumer electronics, Communications, Automotive, Medical devices, and Others) , and geographic (Afghanistan and Albania).
    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. are a few of the key vendors in the semiconductors market.
    Afghanistan will register the highest growth rate of 50% among the other regions. Therefore, the semiconductors market in Afghanistan is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the semiconductors market growth are:
    • Growing number of smartphone users
    The semiconductors market vendors should focus on grabbing business opportunities from the pmics segment as it accounted for the largest market share in the base year.
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