Report ID: UCMIG45O2015
Report ID:
UCMIG45O2015 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The discrete semiconductor market worldwide was worth USD 42.97 billion in 2020 and is expected to grow from USD 45.43 billion in 2021 to USD 78.33 billion by 2028, with a CAGR of 8.1% during the forecast period. In 2020, the global market saw a modest growth of 2.9% in comparison to the average year-on-year growth during 2017-2019. This increase in CAGR is due to the growth and demand of this market, which is predicted to return to pre-pandemic levels after the COVID-19 pandemic is over. The COVID-19 pandemic had an unprecedented and significant impact worldwide, and despite this, the demand for discrete semiconductors increased in all regions during the pandemic.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Semiconductors by segment aggregation, the contribution of the Semiconductors in Semiconductors & Semiconductor Equipment and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG45O2015