Semiconductor Foundry Market Trends

  • Report ID: 3417
  • Published Date: Aug 28, 2024
  • Report Format: PDF, PPT

Semiconductor Foundry Market Trends

Growth Drivers

  • Increasing Demand for Connected Cars Globally
  • Rise in Demand for 5G Smartphones

Challenges

  • Acute Global Shortage of Critical Components

Semiconductor Foundry Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

8.2%

Base Year Market Size (2023)

USD 113.64 billion

Forecast Year Market Size (2036)

USD 316.58 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 3417
  • Published Date: Aug 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of semiconductor foundry is assessed at USD 121.09 billion.

Semiconductor Foundry Market size was over USD 113.64 billion in 2023 and is likely to reach USD 316.58 billion by 2036, witnessing around 8.2% CAGR during the forecast period i.e., between 2024-2036. The market growth is impelled by increasing demand for connected cars globally and rise in demand for 5G smartphones.

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.

The major players in the market are Semiconductor Manufacturing International Corporation (SMIC), Taiwan Semiconductor Manufacturing Company (TSMC) Limited, Global Foundries, United Microelectronics Corporation (UMC), and others.
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