Lucintel Forecasts the Global Semiconductor Analog Market to Reach $127 billion by 2030
Lucintel Forecasts the Global Semiconductor Analog Market to Reach $127 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global semiconductor analog market looks promising with opportunities in the consumer electronic, IT & communication, automotive, and manufacturing industries. The global semiconductor analog market is expected to reach an estimated $127 billion by 2030 from $78.6 billion in 2023, at a CAGR of 7% from 2023 to 2030. The major drivers for this market are increasing investments in 5G network, growing trend of advanced technologies like IOT, and higher utilization of consumer electronics by people.
Browse 60 figures / charts and 50 tables in this 139 –page report to understand trends, opportunity and forecast in semiconductor analog market to 2030 by type (general purpose IC and application specific), end use industry (consumer electronics, IT & telecommunication, automotive, manufacturing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecast that application-specific will remain the largest type segment over the forecast period
Within this market, automotive segment is projected to record the highest growth due to increasing demand for electric and autonomous cars and increasing penetration for analog chips in the automotive electronics components.
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APAC is expected to witness the highest growth during the forecast period due to increasing demand for electronics goods and robust growth in the automotive industry.
Texas Instruments Inc., Analog Devices Inc., Skyworks Solutions, Infineon Technologies AG, STMicroelectronics, Qorvo, NXP Semiconductor, ON Semiconductor Corporation, Microchip Technology, Renesas Electronics Corporation are the major suppliers in the semiconductor analog market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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