The logic nodes market has seen steady growth, expanding from $2.82 billion in 2023 to $2.91 billion in 2024, with a compound annual growth rate (CAGR) of 3.3%. This historical growth is driven by the miniaturization of electronic devices, growth in consumer electronics, increased use of automation in manufacturing, a rise in automotive electronics, and expansion in industrial electronics. The market is expected to grow to $3.74 billion by 2028, at a CAGR of 6.5%. The forecasted growth is attributed to rising demand for electric vehicles, growth in renewable energy projects, a surge in smart home devices, increased focus on energy efficiency, and greater adoption of 5G technology. Major trends anticipated during this period include the growing adoption of thin film technology, integration of resistors in advanced driver-assistance systems (ADAS), development of resistor networks for complex circuits, increased use of resistors in renewable energy applications, and strategic partnerships and collaborations.
Global Logic Nodes Market Key Driver
The expanding internet connectivity is expected to significantly drive the growth of the logic node market. Internet connectivity, which refers to the ability of devices and networks to access and communicate over global internet infrastructure, is increasing due to digital transformation, the proliferation of smart devices, and expanded network infrastructure worldwide. Logic nodes play a crucial role in managing data routing, processing, and traffic control, ensuring efficient and reliable communication between devices on a network. For example, the International Telecommunication Union reported that 5.3 billion people, or 66% of the global population, used the Internet in 2022, representing a 6.1% growth from 2021. The logic node market, valued at $1.8 billion in 2023, is anticipated to grow to $2.2 billion in 2024 and reach $3.5 billion by 2028, driven by the increasing internet connectivity and demand for efficient network management solutions.
Get A Free Sample Of The Logic Nodes Market Report
Global Logic Nodes Market Segments
The logic nodes market covered in this report is segmented –
1) By Type: Customized, Standard
2) By Performance Requirement: High Performance Computing, Low Power Applications
3) By Application: Consumer Electronics, Automotive Electronics, Industrial, Others Applications
By Geography:The regions covered in the logic nodes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the logic nodes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
Major Logic Nodes Industry Players
Taiwan Semiconductor Manufacturing Company, Qualcomm Inc., Samsung Semiconductor, SK Hynix, Broadcom Inc., Micron Technology, ASML Holding, Murata Manufacturing Co. Ltd., United Microelectronics Corporation, GlobalFoundries Inc., Texas Instruments, ROHM CO. LTD., Vishay Intertechnology Inc., Bourns Inc., AVX Corporation, TT Electronics, Guangdong Fenghua Advanced Technology Holding Co. Ltd., CTS Corporation, Holy Stone Enterprise Co. Ltd., Kyocera AVX, Caddock Electronics Inc., Susumu Co. Ltd., Ralec Electronic Corp., Asj Holdings Limited, Tateyama Kagaku Industry
Purchase The Global Logic Nodes Market Report Directly And Get A Swift Delivery
Logic Nodes Market Overview
Logic nodes refer to the specific manufacturing technology and process used to produce semiconductor devices, particularly logic chips, which are the fundamental building blocks for various digital circuits and systems. These nodes are characterized by their feature size, measured in nanometers (nm), which indicates the smallest dimension of a transistor or other critical components within the chip.
Logic Nodes Global Market Report 2023 provides data on the global logic nodes market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The logic nodes market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
