Semiconductor Market in East Asia 2017-2021
A semiconductor IC functions as a timer, an amplifier, and a microprocessor, and it has a data storage capability. Manufacturers fabricate ICs using the designs provided by fabless semiconductor companies. Fabless semiconductor companies design and sell hardware devices and semiconductor chipsets. However, they outsource the fabrication process of hardware devices to semiconductor foundries. Semiconductor ICs find applications in major segments, including communications, consumer electronics, automotive, and industrial.
Technavio’s analysts forecast the semiconductor market in East Asia to grow at a CAGR of 8.23% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the semiconductor market in East Asia for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product..
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Semiconductor Market in East Asia 2017-2021
Technavio recognizes the following companies as the key players in the semiconductor market in East Asia: TSMC, Toshiba, Sony Semiconductor Solutions, Renesas Electronics, and STMicroelectronics.
Other Prominent Vendors in the market are: Adamant, Asahi Kasei Microdevices, DENSO, Fuji Electric, Mitsubishi Electric, MITSUMI ELECTRIC, Sanken Electric, Hitachi, and Saigon Semiconductor Technology.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increase in number of fabs worldwide. The increase in the sales of consumer electronic devices, such as smartphones, hybrid PCs, wearables, and video game consoles, is supporting the growth of the semiconductor market. The semiconductor industry is focusing on the expansion of fabs by increasing its capital spending. A large part of the investment will be used for the manufacture of memory and logic devices depending on the demand pattern.”
According to the report, one of the major drivers for this market is Growth of consumer electronics market. Consumer electronics include televisions, digital cameras, smartphones, printers, scanners, microwaves, refrigerators, washing machines, and other home appliances. The Japanese consumer electronics market is the third-largest consumer electronics market in the world. Most of the consumer electronics manufacturers in East Asia are global giants, such as Sony, Panasonic, and Toshiba. The rapid growth in technology and steady fall in consumer electronics prices worldwide have made it difficult for even established giants, such as Sony, to survive in the market.
Further, the report states that one of the major factors hindering the growth of this market is Quality standards and limitations of automotive ICs. Vehicles are connected via communication networks, such as the Internet and navigation. This presents a potential risk of vehicle traffic data and other systems, such as control units, being hacked. This can also lead to an increase in road accidents. In addition, there has been an increase in the hacking of in-car entertainment technologies. For instance, hackers introduce a false code into MP3 files and plant harmful input in the vehicle. This can cause a significant amount of damage and danger to the driver and the vehicle. Another major challenge is the tampering with electronic control units, resulting in speedometer manipulation, engine manipulation, and theft of central locking systems.
TSMC, Toshiba, Sony Semiconductor Solutions, Renesas Electronics, and STMicroelectronics, Adamant, Asahi Kasei Microdevices, DENSO, Fuji Electric, Mitsubishi Electric, MITSUMI ELECTRIC, Sanken Electric, Hitachi, and Saigon Semiconductor Technology.