Global Semiconductors Market to Reach US$372.2 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global outlook on the Semiconductors Industry. Global semiconductors market over the next few years will be primarily driven by growing demand for consumer electronics, such as, smartphones, and personal computers, particularly notebooks and tablet PCs. Growing demand from developing markets, especially Asia-Pacific, also augurs well for the market.

Semiconductors: A Global Outlook

Follow us on LinkedIn – Semiconductors have become indispensable elements in the current electronic age, and therefore not surprisingly serve as a key enabler, driver, and indicator of technology progress. Semiconductor technology has played a significant role in evolution of several path-breaking technologies that have changed the face of world that we live in today, including mobile phones and computing devices that have revolutionized communications and information technology areas respectively. The role of semiconductors in this technology driven world is becoming highly evident, thanks to their extensive use in wide range of applications right from traditional computers, televisions, audio players, and telephones to more advanced electronic gadgets such as mobile phones, smartphones, PDAs, DVD players, portable media players, video games, home-theater systems, microwaves, and printers, all of which use semiconductor devices.

The semiconductor industry continues to become more and more intricate and dynamic due to ever-changing technology trends in the electronics sector. Right from the inception of transistor, the electronics industry has witnessed continuous developments in the design and manufacture of semiconductor devices. Semiconductors have only become more robust and efficient over the last few years, thanks to ever-increasing power of silicon chip, and shrinking size of transistors, which provide a paradigm for developing a broader set of electronic products and systems. Such technology developments have enabled use of semiconductors even in complex application areas such as automotive electronics, aeroplanes, and state-of-art weaponry. Increasing usage of semiconductor devices for such complex applications has triggered development of smaller, faster, and cost efficient devices.

With most of the end-use industries recovering from the impact of recession in 2010, the global semiconductors market too started to post considerable growth in volume and value sales. The semiconductor industry got a new lease of life post recession with key end-use industries starting to replenish inventories. Resurgence and recovery in enterprise IT infrastructure spending unleashed huge pent-up demand for semiconductors in the computing end-use sector as companies started restoring postponed investments and hitherto deferred purchase decisions. Growing adoption of laptops among enterprises as a key mobility strategy and increasing household PC penetration, have and will continue to boost market prospects for semiconductors in the PC segment.

Increase in demand for ASICs and NAND flash memory devices as a result of growing adoption of tablet PCs and smartphones, and increase in DRAM market in line with resurgence in demand for PCs will continue to induce strong demand for semiconductors. Future growth in the semiconductors market, as recent trends indicate, will be driven by mobile and wireless segments, led by huge demand and widespread proliferation of devices such as smartphones, tablet PCs, GPS enabled devices, handheld video game players, solid state drives and e-book readers. Emerging opportunities from automotive electronics segment will only add to the demand for semiconductors over the next few years.

The research report titled “Semiconductors: A Global Outlook” announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a rudimentary overview of the industry, highlights latest trends and demand drivers, in addition to providing statistical insights. Regional markets briefly abstracted and covered include United States, Canada Europe (Germany, UK, and Italy), Asia Pacific (Japan, China, Taiwan, Singapore, India, and South Korea) and Latin America (Brazil). The report offers a compilation of recent mergers, acquisitions, and strategic corporate developments. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.

For more details about this comprehensive industry report, please visit –
http://www.strategyr.com/Semiconductors_Industry_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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