Global Semiconductor & Electronic Parts Manufacturing Industry Market Research Report Now Available from IBISWorld

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In the coming years, demand for semiconductors and electronic components will be driven by increasing sales of new computer and consumer electronics products; the growing use of electronics in home appliances, communications and automobile products; and the increasing application of electronics in industrial production, such as in automation and control. For these reasons, industry research firm IBISWorld has updated its report on the Global Semiconductor & Electronic Parts Manufacturing industry.

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Slow economic growth hurt sales of consumer electronics and, in turn, industry products

In 2013, the Global Semiconductor and Electronic Parts Manufacturing industry is expected to generate $713.1 billion in revenue, up 3.7% from the previous year. Although this will mark the fourth consecutive year of growth, industry revenue is expected to remain flat overall from 2008 to 2013, averaging annual gains of 0.0% (0.02%) over the period, says IBISWorld industry analyst Nima Samadi. The demand for consumer electronics, computers and industrial machinery was hampered by a slow global economy in 2008 and 2009, which ultimately hindered demand for semiconductor and other electronic components. Demand for electronic products did begin to recover in late 2009 (prompted by restocking), and this wave of recovery continued through 2010 and into early 2011. However, global economic growth weakened in 2011 and is expected to remain relatively weak in 2013, softening demand for electronic components.

Over the five years to 2013, the production of final electronic products has continued to shift from developed countries, such as the United States, Japan and countries in Western Europe, to countries where labor costs are relatively low (mainly in Asia) – a factor that has pulled component manufacturers in the same direction, continues Samadi. The Asia-Pacific's share of the worldwide semiconductor market is expected to continue rising at a rapid rate, as is China's share of worldwide semiconductor consumption. The top companies in the Global Semiconductor and Electronic Parts Manufacturing industry are Intel Corporation and Samsung Electronics Co. Ltd. Concentration in the semiconductor segment is increasing due to a trend for larger participants to acquire smaller companies that have fewer resources. There is also a trend among semiconductor companies toward joint ventures and strategic alliances in manufacturing and research and development.

Over the next five years, industry growth will be promoted by a strong global economy and buoyant demand for final electronic products and related components. Demand for semiconductors and electronic components will be driven by increasing sales volumes of new computer and consumer electronics products, the growing use of electronics in home appliances, communications and automobile products and the increasing application of electronics in industrial production (such as in automation and control). For more information, visit IBISWorld’s Global Semiconductor and Electronic Parts Manufacturing industry report page.

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IBISWorld industry Report Key Topics

This industry manufactures electronic components, which are typically packaged in a discrete form with two or more connecting leads or metallic pads. These components are usually connected together by soldering them to a printed circuit board to create an electronic circuit. A semiconductor device is an electronic component made with semiconductor material, such as silicon.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique industry information and analysis. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Gavin Smith
IBISWorld
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