What is the global market size of Semiconductor Foundry Market?

Global Semiconductor Foundry Market size was valued at around USD 104.34 billion in 2021 and is expected to reach a value of USD 185.98 billion by 2030, at a CAGR of 6.62% over the forecast period (2022–2030)

Who are the key vendors in the Global Semiconductor Foundry Market?

Global Semiconductor Foundry market is extremely competitive. Due to the presence of numerous small and large players, the market is highly concentrated. All of the major players have a large market share and are concentrating on expanding their customer base globally. However, due to a shortage of semiconducting electronics components, various automotive manufacturers are having difficulty maintaining production schedules. Furthermore, the small capacity expansion of 8-inch semiconductor production in recent years has exacerbated the shortage. This has resulted in price increases in the short term. This scenario, combined with a significant decline in global demand for passenger and commercial vehicles, had a negative impact on automotive segment revenues. 'Taiwan Semiconductor Manufacturing Company (TSMC) Limited', 'Global Foundries', 'United Microelectronics Corporation (UMC)', 'Semiconductor Manufacturing International Corporation (SMIC)', 'Samsung Group', 'Dongbu HiTek', 'Fujitsu Semiconductor Limited', 'Hua Hong Semiconductor Limited', 'STMicroelectronics and TowerJazz', 'Infineon Technologies AG', 'Analog Devices, Inc.', 'Texas Instruments', 'NXP Semiconductors', 'STMicroelectronics', 'Renesas Electronics', 'Microchip Technology Inc.', 'Silicon Labs', 'Skyworks Solutions, Inc.', 'Broadcom, Inc.', 'Cypress Semiconductor', 'AnSem N.V.', 'Maxim Integrated', 'Murata Manufacturing Co., Ltd.'.

What is the key driver of Global Semiconductor Foundry Market?

The increasing demand for integrated circuits (ICs) for use in automobiles, electronic goods, medical equipment, military hardware, and smart home appliances is one of the major factors driving market growth. The growing global adoption of IoT-enabled devices is going to drive up the requirement for integrated circuits (ICs). Furthermore, government funding for semiconductor technology advancement from a variety of countries is propelling the sector forward and driving the expansion of the Semiconductor Foundry Market.

What is the key market trend for Global Semiconductor Foundry Market?

The Global Semiconductor Foundry market is rapidly expanding at the moment. As a result of the increased use of semiconductors in autonomous driving, semiconductor foundries are expanding their efforts in automotive chip production, which is driving the market. These solutions will benefit many industries. Some of the major industries that use semiconductor foundry services are telecommunications, computing and networking, electronic goods, and automotive.

Which region accounted for the largest share in Global Semiconductor Foundry Market?

In 2021, the Asia-Pacific region dominated the global market, with major companies such as TSMC and Samsung Electronics, among others. Taiwan, South Korea, Japan, and China are major players in the region, each with a sizable market share.

Semiconductor Foundry Market Size, Share, Growth Analysis, By Technology(CMOS, BiCMOS, GaAs), By Foundry Type(Pure Play Foundry, IDMs), By Application(Automotive, Consumer Electronics, Industrial, Healthcare), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45O2029 | Region: Global | Published Date: October, 2024
Pages: 221 | Tables: 95 | Figures: 79

Semiconductor Foundry Market News

In September 2023, GlobalFoundries' US$4 billion expansion fabrication factory in Singapore was inaugurated. The new fab increases GF Singapore's annual capacity by 450,000 wafers (300mm), raising the total capacity of the site to about 1.5 million wafers (300mm) per year.
In June 2023, Samsung Electronics Co., Ltd. - global leader in cutting-edge semiconductor technology presents its latest foundry technological advancements and business plan at the 7th annual Samsung Foundry Forum (SFF).
In October 2022, Micron announced it would start building a chip-making factory in upstate New York, which the company had revealed. This foundry is expected to create more than 50,000 jobs and will cover as much space as 40 football fields. Over the next two decades, it could spend up to $100 billion on the factory.

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Global Semiconductor Foundry Market size was valued at USD 106.92 billion in 2022 and is poised to grow from USD 115.6 billion in 2023 to USD 215.88 billion by 2031, growing at a CAGR of 8.12% during the forecast period (2024-2031).

The major companies are entering strategic partnerships with other key market leaders for the purpose of expanding their portfolio so that they can provide the most effective low-code and no-code solutions to serve the application needs of their clients. In addition, in partnership, the companies improve their know-how and reach out to a large consumer base, and thus they expand. The large companies produce innovative solutions to consumers and industries so that they cater to the increasing needs of holding on to customers. 'Taiwan Semiconductor Manufacturing Company Limited ', 'United Microelectronics Corporation ', 'GlobalFoundries ', 'SMIC ', 'Tower Semiconductor ', 'Powerchip Semiconductor Manufacturing Corp. ', 'Vanguard International Semiconductor Corporation ', 'Hua Hong Semiconductor Limited ', 'DB HITEK ', 'Intel Corporation ', 'Samsung Group ', 'Dongbu HiTek ', 'Hua Hong Semiconductor Limited ', 'Infineon Technologies AG ', 'Renesas Electronics ', 'Microchip Technology Inc. ', 'Silicon Labs ', 'Broadcom, Inc. ', 'Cypress Semiconductor ', 'AnSem N.V. ', 'Maxim Integrated ', 'NXP Semiconductors'

Transition to More Advanced Packaging and Smaller Nodes: Major moves in the semiconductor foundry include more advanced packaging techniques as well as reduced process nodes (5nm, 3nm). Reduced nodes offer higher transistor density, and better performance along with higher application efficiency in areas such as artificial intelligence, 5G, and high-performance computing. Packaging innovation in forms of chiplets and 3D stacking is rapidly gaining popularity since they exhibit better functionality as well as greater integration for applications facing reduced space.

The size and share of the semiconductor foundry market are maximum in Asia Pacific. Region has become a super place for semiconductor manufacturing particularly by China, Taiwan and South Korea. Strong foundries in this region with major share and years of semiconductor fabrications, such as TSMC, Samsung Foundry and SMIC support these countries. Taiwanese chip maker TSMC announced in April 2024 that it will be building its third semiconductor production facility in Phoenix, Arizona, in the United States. TSMC Arizona and the U.S. Department of Commerce have signed a memorandum of agreement under the CHIPS and Science Act, which may result in up to USD 6.6 billion in direct funding.

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Semiconductor Foundry Market Size, Share, Growth Analysis, By Technology(CMOS, BiCMOS, GaAs), By Foundry Type(Pure Play Foundry, IDMs), By Application(Automotive, Consumer Electronics, Industrial, Healthcare), By Region - Industry Forecast 2024-2031

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What is the global market size of Semiconductor Foundry Market?

Who are the key vendors in the Semiconductor Foundry Market?

What is the key driver of Semiconductor Foundry Market?

What is the key market trend for Semiconductor Foundry Market?

Which region accounted for the largest share in Semiconductor Foundry Market?

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