On the basis of geographical analysis, the global semiconductor foundry market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Asia Pacific is anticipated to hold largest revenue share by 2036, on the back of well-established semiconductors industry in China and Japan, generation of large amount of revenue in Taiwan, and rapid economic growth in countries, namely India and China. Apart from these, Japan is becoming heavily invested in attracting overseas company for securing its own ship supplies and addressing the global shortage of semiconductors. For instance, in April of the year 2020, semiconductors worth USD 2.8 billion were approximately sold in Japan, which rose up to about USD 3.3 billion by the end of December that year. This is expected to be another factor driving market growth in the coming years. Strong presence of prominent market players is also predicted to drive market growth in this region.
Author Credits: Abhishek Verma
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