The global integrated circuits market is expected to grow from $360.27 billion in 2020 to $391.58 billion in 2021 at a compound annual growth rate (CAGR) of 8.7%. The growth 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 market is expected to reach $468.43 billion in 2025 at a CAGR of 5%.
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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.
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The integrated circuits market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the integrated circuits market are Intel Corporation, Texas Instruments, Analog Devices, STMicroelectronics, NXP, ON Semiconductor, Micron, Toshiba, Broadcom, Qualcomm, Maxim Integrated, ALBIC, Cypress, Microchip, IDT, Omron, AVX, Epson, Diodes, Infineon, NJR, Boeing, Atmel Corporation, NEC Corporation, Samsung, Taiwan Semiconductor, SK Hynix, Nvidia.
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 & Telecommunication, Health Care, Aerospace & Defense, Others
3) By Type: General-purpose IC, Application-specific IC
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The integrated circuits market report describes and explains the global integrated circuits market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The integrated circuits report evaluates the market across each region and for the major economies within each region.
The countries covered in the global integrated circuits market 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, Vietnam.
The regions covered in the global integrated circuits market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Integrated Circuits Market Characteristics
- Integrated Circuits Market Product Analysis
- Integrated Circuits Market Supply Chain
- Key Mergers And Acquisitions In The Integrated Circuits Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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