Global Photoresist & Photoresist Ancillaries Market

The semiconductor assembly and packaging equipment market consists of sales of semiconductor assembly and packaging equipment by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing equipment used for semiconductor assembly and packaging. Only goods and services traded between entities or sold to end consumers are included. The main types of semiconductor assembly and packaging equipment are plating equipment, inspection and dicing equipment, wire bonding equipment, and die-bonding equipment. Wire bonding equipment refers to a wire connecting two pieces of equipment, for hazard prevention. The various applications involved are consumer electronics, healthcare devices, automotive, enterprise storage, and other applications. The various end-users included are OSATs and IDMs. The global semiconductor assembly and packaging equipment market size is expected to grow from $7.99 billion in 2021 to $10.28 billion in 2022 at a compound annual growth rate (CAGR) of 28.6%. The global semiconductor assembly and packaging market size is expected to grow to $16.25 billion in 2026 at a CAGR of 12.1%. Rising demand for consumer electronics is anticipated to contribute to the growth of the semiconductor assembly and packaging equipment market. Consumer electronics is a key segment that is entirely dependent on the semiconductor industry. According to the India Brand Equity Foundation, the Indian appliance and consumer electronics market stood at $10.93 billion in 2019 and is expected to increase at a CAGR of 9% to reach $48.37 billion by 2022. In recent years, the applications of semiconductor Integrated Circuits (ICs) in various electronic devices are continuously increasing to perform multiple functions. Therefore, growing consumer electronics is likely to intensify the demand for semiconductor assembly and packaging equipment. The COVID-19 outbreak hindered the growth of the semiconductor assembly and packaging equipment market. Lockdowns have been imposed in many countries across the globe affecting the manufacturing and supply chains of many industries including the semiconductor industry. For instance, according to a survey on the impact of COVID-19 on the semiconductor industry released by the Global Semiconductor Alliance (GSA) in collaboration with KPMG, about 63% of respondents reported supply chain shortages attributing to COVID-19. Semiconductors and electronics manufacturing has suffered considerable losses during the coronavirus outbreak, adversely impacting the market growth during 2020. In July 2019, Applied Materials, Inc., a US-based company engaged in providing semiconductor chips manufacturing equipment, services, and software for electronic devices acquired Kokusai Electric Corporation for $2.2 billion. This acquisition would help the company to enhance its products & services for foundry, logic, and memory customers along with further enhancing its single wafer processing system. Kokusai Electric Corporation is a Japan-based manufacturer of semiconductor manufacturing systems. Major players in the semiconductor assembly and packaging equipment market are Amkor Technology, Tokyo Electron Limited, Lam Research Corporation, ASML Holding N.V, Applied Materials, KLA-Tencor, Hitachi High-Technologies Corporation, Advantest, Screen Holdings Co. Ltd, and Teradyne Inc. Asia Pacific was the largest region in the semiconductor assembly and packaging equipmen market in 2021. Western Europe was the second-largest region in the global semiconductor assembly and packaging equipment market. The regions covered in the global semiconductor packaging equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the semiconductor assembly and packaging equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global semiconductor assembly and packaging equipment market is segmented - 1) By Type: Plating Equipment, Inspection and Dicing Equipment, Wire Bonding Equipment, Die-Bonding Equipment 2) By Application: Consumer Electronics, Healthcare Devices, Automotive, Enterprise Storage, Others 3) By End-User: OSATs, IDMs

The semiconductor intellectual property (IP) market consists of sales of semiconductor intellectual property and related services by entities (organizations, sole traders, and partnerships) that provide integrated circuit layout design that is the intellectual property of its creator or party. Semiconductor IP is a piece of design that is a reusable unit of logic or functionality or a layout of a design that is developed with the idea of licensing it to many vendors for using it as a building block in different chip designs. There is a license fee for its usage or royalty for every device made using that piece of IP. The main types of design IP in semiconductor intellectual property (IP) are processor IP, interface IP, memory IP, and others. The processor IP offers an intellectual property right for the design of the processor. Processors are typically produced in the form of soft IP and analog blocks. The different IP cores involve softcore, hardcore and include various revenue sources such as royalty, licensing. It is implemented in several sectors such as consumer electronics, telecom, automotive, healthcare, and others. The global semiconductor intellectual property (IP) market size is expected to grow from $5.06 billion in 2021 to $5.62 billion in 2022 at a compound annual growth rate (CAGR) of 11.1%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The semiconductor intellectual property market is expected to reach $7.47 billion in 2026 at a CAGR of 7.4%. The growing adoption of connected devices is expected to contribute to the growth of the semiconductor IP market in the forecast period. Physical objects that can communicate with one another and other systems over the internet are referred to as connected devices. Internet of Things (IoT) is generally referred to as connected devices. These are physical objects that connect with other devices through the internet or various ways such as WiFi, NFC, Bluetooth, mobile networks. IoT devices are manufactured using electronics such as semiconductors, microprocessors, and other chips. According to Norton, a US-based antivirus and anti-malware software developing company estimates that in 2021 there are around 11.6 billion IoT devices used, and it will grow to 21 billion IoT devices by 2025. The growing adoption of connected devices or IoT devices will drive the semiconductor IP market. New technology launches are a key trend gaining popularity in the semiconductor IP market. Key players in the market are focusing on new technological innovations to maintain a comparative advantage over competitors in the industry. For example, in June 2020, Imagination Technologies, a UK-based semiconductor company, announced the launch of IMG iEW400, the latest IP based on Ensigma Wi-Fi technology. The iEW400 integrates RF and baseband and is intended for low-power and battery-powered applications such as the internet of things (IoT), wearables, and wearables. Further, in February 2020, Synopsys, a US-based electronic design automation company that focuses on silicon design and verification, silicon intellectual property, and software security and quality announced the launch of a new DesignWare ARC communications IP subsystem for wireless narrowband IoT designs. The DesignWare ARC IoT Communications IP Subsystem has a low-power ARC EM11D Processor for effective RISC and DSP performance, which is crucial for IoT applications that require low-bandwidth connectivity. In September 2020, NVIDIA, a US-based semiconductor company acquired Arm Limited from SoftBank Group Corp (SBG) and the SoftBank Vision Fund, for $40 billion. Under this deal, NVIDIA will expand Arm’s IP licensing portfolio with NVIDIA technology. Arm Limited is a UK-based company offering semiconductor IP. Major players in the semiconductor intellectual property market are Arm Holdings, Synopsys, Cadence Design Systems, CEVA Inc., Imagination Technologies, eMemory Technology Incorporated, Rambus, Mentor Graphics, Faraday Technology, Lattice Semiconductor, Achronix Semiconductor, Dolphin Integration, Open-Silicon, Xilinx, Sonics Inc., Fujitsu, MediaTek, VeriSilicon Holdings, Wave computing, Silvaco and Intel. Asia Pacific was the largest region in the semiconductor intellectual property (IP) market in 2021. North America was the second-largest market in the semiconductor intellectual property market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the semiconductor intellectual property market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global semiconductor intellectual property market is segmented - 1) By Design IP: Processor IP, Interface IP, Memory IP, Others 2) By IP Core: Soft Core, Hard Core 3) By Revenue Source: Royalty, Licensing 4) By Industry Vertical: Consumer Electronics, Telecom, Automotive, Healthcare, Others

The semiconductor machinery market consists of sales of semiconductor manufacturing machinery by entities (organizations, sole traders, and partnerships) that produce wafer processing equipment, semiconductor assembly, packaging equipment, and other semiconductor-making machinery. Only goods and services traded between entities or sold to end consumers are included. The main types of semiconductor machinery are front-end equipment, back-end equipment, and fab facility equipment. The front-end equipment in semiconductor machinery refers to the machinery that is used for the packaging, testing, and assembly of integrated circuits. The various products include memory, foundry, logic, mpu, discrete, analog, mems, and other products. The various supply chain includes osat companies, idm firms, and foundries. These are used in an integrated circuit, discrete devices, optoelectronic devices, and sensors. The global semiconductor machinery market size is expected to grow from $140.5 billion in 2021 to $153.45 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The global semiconductor manufacturing machinery market size is then expected to grow to $210.73 billion in 2026 at a CAGR of 8.3%. The growing demand for electric vehicles is a key factor driving the growth of the semiconductor machinery market. The demand for electric cars is increasing attributed to the surge in the number of charging stations across the globe. The advances in the semiconductor industry give the potential for longer battery life for electric vehicles. In addition to improving the operational appeal of EVs, the commercialization of this innovation also offers a prime business opportunity for semiconductor manufacturers. According to the Anadolu Agency, the sales of electric cars reported a 40% year-on-year increase in 2019. The sales of electric cars accounted for 2.6% of global car sales and approximately 1% of global car stock in 2019. Therefore, the growing demand for electric vehicles is expected to drive the growth of the semiconductor machinery market. The impact of COVID-19 is expected to hamper the growth of the semiconductor machinery market in 2020. The semiconductor sector faces major monetary losses and a rapid decline in sales as the coronavirus pandemic continues to worsen. The decrease in demand for large end-user segments is the major cause of the decline in the semiconductor industry. Overall, the projection of semiconductor sales for 2020 reduced by $55.0 billion to $415.4 billion, and annual growth was decreased from 12.5% to 0.9% for 2020. Therefore, the impact of COVID-19 restrains the growth of the semiconductor machinery market. Major companies operating in the semiconductor machinery industry are focusing on the development of innovative technology solutions for semiconductor machinery to maintain their position in the competitive business environment and expand their geographical presence. For instance, in March 2020, Lam Research Corporation, a USA-based semiconductor company launched a fully transformed plasma etch technology and device solution, designed to provide advanced functionality and extensibility to chipmakers required for future development. Space-saving design, the ability to detect trends and patterns, and the capture and review of data are other advantages provided by the Sensi. I platform. In July 2019, Applied Materials, Inc., a USA-based company that supplies equipment, services, and software for the manufacture of semiconductor chips for electronics, flat panel displays for computers, smartphones, televisions, and solar products acquired Kokusai Electric Corporation for $2.2 billion. This acquisition would provide Applied Materials, Inc. with complementary batch wafer processing systems business, increase the global services business, and strengthen customer support capabilities. Kokusai Electric Corporation, a Japan-based company that produces semiconductor manufacturing equipment that leverages world-class coating technology, delivers products and services to the world’s top manufacturers. Major players in the semiconductor machinery market are ASML Holding N.V, Tokyo Electron Ltd, Lam Research Corp, Applied Materials Inc, KLA-Tencor Corp, SCREEN Holdings Co. Ltd, Teradyne Inc, Toshiba Corporation, Danaher Corporation, and Advantest Corporation. Asia Pacific was the largest region in the semiconductor machinery market in 2021. Western Europe was the second-largest region in the global semiconductor machinery market. The regions covered in the global semiconductor manufacturing machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the semiconductor machinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global semiconductor machinery market is segmented - 1) By Type: Front-End Equipment, Back-End Equipment, Fab Facility Equipment 2) By Product: Memory, Foundry, Logic, MPU, Discrete, Analog, MEMS, Others 3) By Supply Chain Participant: OSAT Companies, IDM Firms, Foundries 4) By Application: Integrated Circuit, Discrete Device, Optoelectronic Device, Sensors

The integrated circuits market consists of sales of integrated circuits and related services that are used in various applications such as automobiles, telecommunication, aerospace and defense, and consumer electronics. Integrated circuit is a small chip that acts as an amplifier, an oscillator, a timer, and a memory computer. Integrated circuit is a small wafer that can accommodate hundreds to millions of transistors, resistors and capacitors. The main types of integrated circuits are general-purpose IC and application-specific IC. An application-specific integrated circuit is a type of integrated circuit designed specifically for a particular application or function. The various products of integrated circuits are digital IC, analog IC and mixed-signal IC that are used for automotive, industrial, consumer electronics, IT and telecommunication, health care, aerospace and defense and other applications. The global integrated circuits market size is expected to grow from $330.32 billion in 2021 to $349.76 billion in 2022 at a compound annual growth rate (CAGR) of 5.9%.The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The integrated circuit market is expected to reach $417.27 billion in 2026 at a CAGR of 4.5%. The increasing adoption of the Internet of things (IoT) is expected to drive the integrated circuits (ICs) market in the forecast period. ICs allow us to sense, understand, and transmit intelligent data. IoT is expected to boost the growth of the integrated circuit market due to various benefits of using analog ICs across a wide range of real-time connected devices and applications. Analog ICs have efficient power consumption features and the signals processing capabilities needed to configure an automated devices ecosystem. For instance, according to the Gartner Symposium, there are 25 billion internet-connected devices in 2021. Each of these devices required ICs that contain embedded technology to communicate and sense or interact with the environment. Therefore, increasing the adoption of IoT devices will increase the demand for ICs and hence it is expected to drive the integrated circuits market. Complexity in the design of automotive integrated circuits acts as a major challenge in the integrated circuits market. The structure chain of automotive IC is complex when compared to mobile phones, electronic home appliances, such as televisions and remote controllers. It makes difficult to develop highly reliable automotive ICs. For instance, consumers are demanding more automotive capability, car safety and high-reliability requirement and semiconductors play a major part in these innovative solutions. Many of the semiconductors now part of Advanced Driver Assistance Systems (ADAS) is critical to the vehicle's function and safety where faults cannot be tolerated. Therefore, complex designing of highly reliable automotive ICs hinders the market’s growth. Increased use of next-generation mobile networks, such as 4G and 5G, requires the installation of new infrastructure. Chipsets such as radio frequency integrated circuits, system on chips, application specific integrated circuits, cellular integrated circuits, and millimeter-wave integrated circuits are mainly used in the development of 5G infrastructure, which creates a high demand for integrated circuits. Deployment of 5G as the demand driver that will require semiconductors for infrastructure is rose the revenue of semiconductors from US$422.8 billion in 2019 to US$448 billion in 2020. In July 2020, Analog Devices, an America based Semiconductor manufacturing company acquired Maxim Integrated for $20.9B. Through this acquisition Analog Devices will be able to broaden its footprint in the markets, expanding sales of analog and mixed-signal integrated circuits, power management systems, radio frequency products, and digital processors and sensors. Maxim Integrated, an American, publicly traded company that designs, manufactures, and sells analog and mixed-signal integrated circuits. Major players in the integrated circuits market are Intel Corporation, Texas Instruments, Analog Devices, STMicroelectronics, NXP, ON Semiconductor, Micron, Toshiba, Broadcom, and Qualcomm. Asia Pacific was the largest region in the integrated circuits market in 2021. North America was the second-largest region in the IC market. The regions covered in the integrated circuits market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the integrated circuits market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global integrated circuits market is segmented - 1) By Product Type: Digital IC, Analog IC, Mixed-Signal IC 2) By Application: Automotive, Industrial, Consumer Electronics, IT and Telecommunication, Health Care, Aerospace and Defense, Others 3) By Type: General-Purpose IC, Application-Specific IC

The printed circuit board market consists of sales of printed circuit boards by entities (organizations, sole traders, and partnerships) that are used to connect electronic and electrical components without the use of wires. Printed circuit boards are electric boards, which help wiring surface-mounted and socketed components that are contained within a mechanical structure in most electronics. Their primary function is to physically support and electrically attach electronic devices by printing conductive pathways, tracks, or signal traces on copper sheets attached to a non-conductive substrate. The main types of printed circuit boards are single-sided, double-sided, multi-layered, high-density interconnect (HDI) and others. The single-sided PCBs are made out of a single layer of base material where the conductive copper and components are mounted on one side of the board and the conductive wiring is connected on the other side. The different substrates include rigid, flexible, rigid-flex and consist of various laminate types such as paper, FR-4, polyimide, others. The printed circuit boards are used by various end-use industries such as industrial electronics, healthcare, aerospace and defense, automotive, IT and telecom, consumer electronics, and others. The global printed circuit board market size is expected to grow from $54.30 billion in 2021 to $58.87 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The printed circuit board market is expected to reach $71.58 billion in 2026 at a CAGR of 5%. The increasing electric vehicle sales are expected to propel the growth of the printed circuit board market in the forecast period. Electric vehicles (EVs) are those that are powered entirely or partially by electricity. Printed circuit boards (PCBs) are used to connect electrical components in electric vehicles, such as simple audio and display systems. PCBs are also used in the production of charging stations, which allow electric vehicle users to charge their vehicles. For instance, according to Bloomberg New Energy Finance (BNEF), a UK-based company that provides analysis, statistics, and news on the energy sector's transition, EVs is predicted to account for 10% of worldwide passenger car sales by 2025, growing to 28% in 2030 and 58% in 2040. The use of biodegradable materials in printed circuit boards (PCBs) is shaping the printed circuit board market. Manufacturers are concentrating on decreasing electronic waste by replacing standard substrates with more ecologically friendly alternatives, which might help reduce the electronics sector's overall environmental effect while also potentially lowering assembly and manufacturing costs. For instance, in 2019, Jive Materials, a UK-based company that develops PCBs launched Soluboard, a non-hazardous and completely biodegradable water-soluble printed circuit board made from flax fiber. The PCB provides a more effective recycling process, allowing even less expensive electronic items to be recycled. In July 2020, Summit Interconnect, Inc., a US-based manufacturer of printed circuit boards acquired ITL Circuits for an undisclosed amount. Through this acquisition, ITL Circuits provides a significant expansion of Summit’s operations in North America. ITL Circuits is a Canada-based manufacturer of printed circuit boards. Major players in the printed circuit board market are TTM Technologies, Nippon Mektron Ltd, Samsung Electro-Mechanics, Unimicron Technology Corporation, Advanced Circuits, Tripod Technology Corporation, DAEDUCK ELECTRONICS Co.Ltd., Flex Ltd., Eltek Ltd, and Sumitomo Electric Industries. Asia Pacific was the largest region in the printed circuit board market in 2021. Asia Pacific is also expected to be the fastest-growing region in the forecast period. The regions covered in the PCB market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the printed circuit board market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global printed circuit board market is segmented - 1) By Type: Single Sided, Double Sided, Multi-Layer, High Density Interconnect (HDI), Others 2) By Substrate: Rigid, Flexible, Rigid-Flex 3) By Laminate Type: Paper, FR-4, Polymide, Others 4) By End-Use Industry: Industrial Electronics, Healthcare, Aerospace and Defense, Automotive, IT and Telecom, Consumer Electronics, Others

The electronic products market consists of sales of electronic products by entities (organizations, sole traders and partnerships) that produce electronic products. The main types of electronic products are audio and video equipment, semiconductor and other electronic components. Devices that reproduce, record, or process sound are referred to as audio equipment. Examples of audio equipment are microphones, radio receivers, AV receivers, CD players, tape recorders, amplifiers, mixing consoles, effects units, headphones, and speakers. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used by B2B and B2C end users. The global electronic products market size is expected to grow from $1,108.88 billion in 2021 to $1,198.53 billion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The electronic product market is expected to reach $1,574.82 billion in 2026 at a CAGR of 7.1%. The electronic products market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) stated that the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end user markets, thereby driving the market during forecast period. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the electronic products manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of lockdown and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the electronic products manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. With rising incidences of theft and crime, companies in the video equipment manufacturing industry are manufacturing closed circuit television cameras with motion detection technology. Motion detecting CCTV camera detects any motion of objects in its field of view and raises an alarm in case of an intrusion. These cameras consume less energy as they get activated and begin recording only when there is a movement of object in its field of view. This feature offers effective surveillance of an area at low costs. For instance, some of the major companies manufacturing motion detecting CCTV cameras include Sony, Samsung, Honeywell, Panasonic and others. Major companies in the electronic products market include Samsung Electronics Co. Ltd., Taiwan Semiconductor Mfg. Co ltd, SK Hynix Inc, Qualcomm, Hon Hai Precision Industry, Micron Technology Inc, LG Display Co Ltd, Intel Corporation, Sony Corp and Broadcom Ltd. Asia Pacific was the largest region in the electronic products market in 2021. North America was the second largest region in the electronic products market. The regions covered in the electronic products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electronic products market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The global electronic products market is segmented - 1) By Type: Audio and Video Equipment, Semiconductor and Other Electronic Component 2) By End-Use: B2B, B2C 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Audio Equipment, Video Equipment, Semiconductor and Related Devices, General Electronic Components

The semiconductors and other electronic components market consists of sales of semiconductors and other electronic components by entities (organizations, sole traders and partnerships) that produce semiconductors and other components for electronic applications. Examples of products made by these establishments are capacitors, resistors, microprocessors, bare and loaded printed circuit boards, electron tubes, electronic connectors, and computer modems. The main types of semiconductors and other electronics are semiconductors and related devices and general electronic components. A semiconductor is a material product made mostly of silicon that conducts electricity more than an insulator like glass but less than a pure conductor like copper or aluminum. Their conductivity and other properties can be changed by introducing impurities, a process is known as doping, to meet the specific needs of the electronic component in which they reside. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used for automotive, manufacturing and other applications. The global semiconductor and other electronic component market size is expected to grow from $959.88 billion in 2021 to $1,039.71 billion in 2022 at a compound annual growth rate (CAGR) of 8.3%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The semiconductor and other electronic component market is expected to reach $1,378.33 billion in 2026 at a CAGR of 7.3%. Semiconductor companies across the globe are seeking to enhance their competitiveness by increasing investment in green semiconductors. The trend mainly aims to reduce the energy consumption as well as limit data usage. For instance, Samsung’s green DRAM is DDR4, which has reduced operating voltage and doubled bandwidth compared to DDR3. Samsung’s DDR4 offers 40 percent increased performance and up to 15% reduced energy consumption compared with DDR3. The Korean tech giant is also planning to develop magneto resistive random-access memory (MRAM) and Phase-change Memory (PRAM) as next-gen green memory solutions. For instance, some of the major companies manufacturing green semiconductors include Samsung Electronics Co. Ltd, Intel Corporation and QUALCOMM Inc. Major companies in the semiconductor and other electronic component market include Samsung Electronics Co. Ltd., Taiwan Semiconductor Mfg. Co ltd, SK Hynix Inc, Qualcomm, Micron Technology Inc, LG Display Co Ltd, Intel Corporation, Hon Hai Precision Industry, Broadcom Ltd, and Advanced Semiconductor Engineering Inc. Asia Pacific was the largest region in the semiconductor and other electronic component market in 2021. North America was the second largest region in the semiconductor and other electronic component market. The regions covered in the semiconductors and other electronic components market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the semiconductor and other electronic component market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The global semiconductor and other electronic component market is segmented - 1) By Type: Semiconductor and Related Devices, General Electronic Components 2) By Application: Automotive, Manufacturing, Others 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Integrated Circuits, Memory Chips, Microprocessors, Other Semiconductor and Related Devices

The semiconductors and related devices market consist of sales of semiconductors and related services. Semiconductors are materials which have an electrical conductivity falling between conductor and an insulator. Semiconductor devices are the components made out of material which is neither a good conductor nor a good insulator material and are useful because their behavior can be easily manipulated by the addition of impurities, known as doping. Conductivity of the device can be controlled, by exposure to heat, introducing electric or magnetic field or by the mechanical deformation. These devices have wide applications in power devices, light emitters, lasers and optical sensors due to their reliability and compactness. The main types of semiconductors and related devices are intrinsic semiconductors and extrinsic semiconductors. Intrinsically semiconductors are chemically pure semiconductors, that is, free of impurities. The number of holes and electrons is thus determined by the material's properties rather than by impurities. The various products include integrated circuits; memory chips; microprocessors and others that are used by information technology, aerospace & defense, consumer electronics, automotive, healthcare and other end users. The global semiconductor and related devices market size is expected to grow from $474.88 billion in 2021 to $497.76 billion in 2022 at a compound annual growth rate (CAGR) of 4.8%.The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The semiconductors and related device market is expected to reach $572.45 billion in 2026 at a CAGR of 3.6%. Rising penetration of mobiles, tablets and other electronics and rising data consumption drives the semiconductors and related devices market. An increase in sales of electronic devices such as smartphones and tablets lead to an increase in generation and consumption of digital content and requires memory chips to store data. For example, the total number of smartphone devices across the world reached 6 billion in 2020, i.e., eight people out of 10 own a smartphone in 2020, eventually driving the revenues of semiconductors manufacturing companies. Therefore, increasing use of smartphones is expected to drive the semiconductors and related devices market. Corruption of memory chips restrains the growth of the semiconductors and related devices market. The corruption of the memory chip leads to loss of all the data stored in the memory cards. Sudden power surge, formatting, virus attacks, and sudden removal of memory card from any device are some common factors responsible for corruption of memory card. Additionally, reasons such as uploading and deleting files rapidly when the card is full and capturing photos when the camera is on the low battery could lead to the corruption of memory card ultimately leading to loss of the data stored in the chip. Therefore, the risk of losing data due to the corruption of memory chips hampers the growth of the market. Companies in the memory chip market are developing chips with major technological changes that contribute to the growth of demand for memory chips. Researchers are creating memory chips that can store and process the data, reducing the time and energy required to transfer data and increase the speed of processors. For instance, Samsung Electronics announced the mass production of fifth-generation V-NAND memory chips that transfer data faster and additionally has the fastest data write speed at 500-microseconds (µs). This write speed is a 30% improvement over the previous generation, and the read-time has significantly reduced to 50µs. Technological advances reducing the data transfer time and energy contribute to the growth of the market. In January 2019, Micron Technology Inc., a company engaged in the production of computers, semiconductors, and other related products, acquired the remaining 49% stake in IM Flash Technologies, LLC, a semiconductor company, from Intel Corp for $1.5 billion. Following the transaction, Micron Technology holds 100% stake in IM Flash Technologies. IM Flash Technologies develop and manufacture 3D XPoint memory chips. This acquisition enables Micron to accelerate its research and development (R&D) and optimize its manufacturing plan for 3D XPoint. Major players in the semiconductors and related devices market are Intel, Qualcomm, Samsung Semiconductor, Broadcom, Taiwan Semiconductor Manufacturing Company Limited, NXP Semiconductors N.V., STMicroelectronics N.V., SK Hynix, Micron, and MediaTek. Asia Pacific was the largest region in the semiconductors and related devices market in 2021. North America was the second-largest region in the semiconductor and related devices market. The regions covered in the semiconductors and related devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the semiconductors and related devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global semiconductor and related devices market is segmented - 1) By Product Type: Integrated Circuits, Memory Chips, Microprocessors, Others 2) By End-Use Industry: Information Technology, Aerospace and Defense, Consumer Electronics, Automotive, Healthcare, Others 3) By Type: Intrinsic Semiconductor, Extrinsic Semiconductor