Logic Semiconductors Market- By Product , By End-User & By Region - Forecast(2024 - 2030)
Logic Semiconductors Market Size is forecast to reach $ 89202 Million by 2030, at a CAGR of 4.5% during forecast period 2024-2030.Logic semiconductors control the operation of electronic systems by processing digital data. Globally, technological advancements leading to higher consumption, rise in the demand for consumer electronics devices, and advantages such as, added convenience, increased productivity, lesser power consumption, and higher reliability and quality are the prime growth drivers of global logic semiconductors market. In addition, increase in adoption of logic semiconductors for broadband applications and broadband enabled devices, and emerging economies such as China, India and others will create new opportunities for global logic semiconductors market. However, higher cost of the product revisions, and development of System-in-Package (SiP) packaging are the key restraints for global logic semiconductors market.This report identifies the global logic semiconductors market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to global logic semiconductors market.?
Geographically North America dominated global logic semiconductors market, and Asia Pacific is projected to have fastest growth, owing to rapidly increasing demand for consumer electronics, and modernizing telecommunication and broadband infrastructure in developing countries such as China, and India in this region. In addition, growing automotive industry in this region will also drive the market Among all the end-users, consumer electronics segment has the highest market share in global logic semiconductors market.This report segments global logic semiconductors market on the basis of product, end-user, and regional market as follows:
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This report identifies all the major companies operating in the logic semiconductors market. Some of the major companies’ profiles in detail are as follows:
Key Market Players:
The Top 5 companies in Logic Semiconductors Market are: