Growth Opportunities in the Industrial Semiconductors Market, Global, 2024–2029
Description
Semiconductor devices used in the industrial sector are referred to as industrial semiconductors. While the term “industrial” is very broad, the specific applications in scope include industrial automation systems (such as PLCs, SCADA, and motor drives), as well as aerospace and defense, healthcare, education, energy (including green energy and EV charging), and other sectors.
Current weaknesses in the industrial semiconductor market are primarily attributed to the global macroeconomic scenario, which has led to inventory depletion at customer sites. Consequently, demand has been low, resulting in a decline in sales.
However, some market participants expect the situation to improve by the end of 2024 or by mid-2025, after which the market for industrial semiconductors is expected to enter a growth phase once again.
In 2025 and beyond, market growth will be fueled by megatrends such as AI, digital transformation, connectivity, the convergence of AI and connectivity, and sustainability.
The report aims to estimate the SAM of the market from a revenue perspective and further identifies the trends that will shape the future of the market in the next five years.
The market revenues only represent sales of new chips; they exclude sales of refurbished components.
The study provides a global analysis of the industrial semiconductor market, with segmentation by the following regions:
• The Americas, which includes North America (the United States and Canada), Latin America (Brazil, Mexico, Argentina, and Central and South America), and others (e.g., the Caribbean Islands)
• Europe, the Middle East, and Africa (EMEA), including Russia
• Asia-Pacific (APAC), which includes countries on the western border of the Pacific Ocean, those on the Indo-Chinese Peninsula and the Pacific Islands, and in Central Asia
Current weaknesses in the industrial semiconductor market are primarily attributed to the global macroeconomic scenario, which has led to inventory depletion at customer sites. Consequently, demand has been low, resulting in a decline in sales.
However, some market participants expect the situation to improve by the end of 2024 or by mid-2025, after which the market for industrial semiconductors is expected to enter a growth phase once again.
In 2025 and beyond, market growth will be fueled by megatrends such as AI, digital transformation, connectivity, the convergence of AI and connectivity, and sustainability.
The report aims to estimate the SAM of the market from a revenue perspective and further identifies the trends that will shape the future of the market in the next five years.
The market revenues only represent sales of new chips; they exclude sales of refurbished components.
The study provides a global analysis of the industrial semiconductor market, with segmentation by the following regions:
• The Americas, which includes North America (the United States and Canada), Latin America (Brazil, Mexico, Argentina, and Central and South America), and others (e.g., the Caribbean Islands)
• Europe, the Middle East, and Africa (EMEA), including Russia
• Asia-Pacific (APAC), which includes countries on the western border of the Pacific Ocean, those on the Indo-Chinese Peninsula and the Pacific Islands, and in Central Asia
Table of Contents
- Scope of Analysis
- Product Segmentation
- Segmentation by End-User Vertical
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 8™
- The Impact of the Top 3 Strategic Imperatives on the Global Industrial Semiconductors Industry
- Distribution Channels
- Competitive Environment
- Key Competitors
- Growth Metrics
- Growth Drivers
- Growth Restraints
- Forecast Considerations
- Revenue Forecast
- Revenue Forecast by End Markets
- Revenue Forecast by Semiconductor Devices
- Revenue Forecast by Region
- Revenue Forecast Analysis
- Megatrend 1-Artificial Intelligence in Manufacturing
- Megatrend 2-Sustainability: Innovating to Zero
- Revenue Share
- Revenue Share By End Market, 2024
- Revenue Share Analysis
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Semiconductor Devices
- Revenue Forecast Analysis
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Semiconductor Devices
- Forecast Analysis
- Forecast Analysis-Wireless EV Charging Systems and Methods
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Semiconductor Devices
- Forecast Analysis
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Semiconductor Devices
- Forecast Analysis
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Semiconductor Devices
- Forecast Analysis
- Growth Opportunity 1: Railways
- Growth Opportunity 2: AI-assisted Testing
- Growth Opportunity 3: EV Charging
- Benefits and Impacts of Growth Opportunities
- Next Steps
Pricing
Currency Rates
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