Logic Semiconductor Market Outlook – 2030
Logic semiconductors are electronic devices that are used to control the operation of electronic devices by processing digital data. Small microelectronic circuits, often known as logic gates, are frequently employed to build digital circuits, and they can be simply used to generate combinational logic. When a large number of complex sequences or algorithms must be coded, a simple microcontroller is used to create the embedded system.
Logic chips can be found in practically every digital product, from mobile phones to ALUs. The growth of the logic semiconductor market share is mainly dependent on the expansion of the automotive and consumer electronics industries, both of which logic semiconductors rely heavily on.
The global logic semiconductor market is segmented on the basis of type, product type, industry vertical, and region. Based on type, the market is segregated into special purpose logic, programmable logic devices, display drivers, application specific integrated circuit, and general purpose logic. In terms of product type, the market is categorized into programmable logic ICs, ultra-low power programmable logic ICs, mixed signal programmable logic ICs, high end programmable logic ICs, programmable logic device, and others.
On the basis of industry vertical, the market is divided into consumer healthcare, communication, aerospace and defense, automotive, consumer electronics, telecommunication and networking, industrial, manufacturing, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global logic semiconductor industry include Fujitsu Semiconductor Inc., Infineon Corporation AG, MediaTek Inc., ARM Holdings Plc, Qualcomm Incorporated, Broadcom Corporation, Marvell Technology Group, Apple Inc., Freescale Semiconductor Inc., and Texas Instruments Inc. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global market.
Top Impacting Factors
The logic semiconductor market growth is being driven by a steady increase in demand for consumer electronics products. The utilization of logic semiconductor is on an increase owing to technological advancements and lower power consumption. In addition, characteristics such as better reliability and quality, added convenience, and increased productivity are expected to boost logic semiconductor demand in the coming years. This, in turn, is expected to have a favorable impact on the market.
The logic semiconductor market is predicted to decline and fluctuate at a variable rate due to the high cost of product revision. One of the primary constraints for this market is issues with the development of SIP packaging. Smaller transistors and connecting wires can have a significant impact on chip performance, resulting in slower chip operation or higher electricity consumption, and thus acting as a stumbling block to the use of logic semiconductors, which are very small in size and whose performance varies depending on batch. The logic semiconductor market opportunity is likely to benefit from an increase in the adoption of logic semiconductors for broadband enabled devices and broadband applications.
New Product Launches to Flourish the Market
SAMSUNG revealed in April 2019 that by the end of 2030, they expect to invest KRW 133 trillion to improve their system LSI and foundry operations. This decision follows their plan to become the industry leader in memory and logic semiconductors by 2030. This investment corresponds to their aspirations to add 15,000 new jobs. The funds will be divided into two categories: 73 trillion for domestic R&D and 60 trillion for establishing industrial facilities.
Key Benefits of the Report
- This study presents the analytical depiction of the logic semiconductor market forecast along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the logic semiconductor market share.
- The current market is quantitatively analyzed to logic semiconductor market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed logic semiconductor market analysis based on competitive intensity and how the competition will take shape in coming years
COVID-19 Impact Analysis
The COVID-19 pandemic has slowed the growth of several sectors, including automobiles, oil & gas, and others. It has three major effects on the global economy: directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets.
The COVID-19 outbreak has posed a significant strategic threat to electronics and manufacturing companies in the recent months. The electronics and semiconductor manufacturing industries have been harmed by disruptions in raw material supply, temporary shutdown of manufacturing units, inadequate finance, and weak consumer demand. All these factors are hampering the growth of the market globally.
Questions Answered in Logic Semiconductor Market Report
- What are the leading market players active in the logic semiconductor market?
- What would be the detailed impact of COVID-19 on the logic semiconductor market size?
- What are the current logic semiconductor market trends that will influence the industry in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future would help in taking further strategic steps?
- Upcoming report specific FAQs examples:
- What is logic semiconductor?
- What does logic semiconductor allow organizations to achieve?
- Which technologies combine to make logic semiconductor a critical organizational asset?
- What are the key benefits of the logic semiconductor market report?
- Which niches should companies associated with recent improvements establish a presence in?
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Logic Semiconductor Market Report Highlights
Key Market Players
Xilinx, Inc., Fujitsu Semiconductor Ltd., Novatek Microelectronics Corporation, Himax Technologies, Inc., Teledyne Defense Electronics, LLC, Fuji Electric Co. Ltd., NXP Semiconductors, Samsung Electronics Co., Ltd, Intel Corporation, Lattice Semiconductor Corporation