Report Highlights
The global market for semiconductor chips is estimated to increase from $585.4 billion in 2022 to reach $882.1 billion by 2027, at a compound annual growth rate (CAGR) of 8.5% from 2022 through 2027.
Report Includes
- 25 data tables and 49 additional tables
- A detailed overview and an up-to-date analysis of the global markets for semiconductor chips and their commercial applications
- Analyses of the global market trends, with market revenue (sales figures) for 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2027
- Estimation of the actual market size and revenue forecast for global semiconductor chips market in USD billions, and corresponding market share analysis by type, end-user and region
- Highlights of the upcoming market opportunities with respect to regions and applications of the semiconductor chip market, and major issues and trends affecting the shortage
- Insight into the semiconductor chips market through an assessment of the current market size and forecast of market development in the coming five years, and an understanding of the reasons behind the present shortage of chips
- Insight into the value chain analysis, demand-supply gap, and factors driving the shortage of semiconductor chips in 2021/2022, and analysis of the impact of this shortage across various end users and key countries
- Identification of the major stakeholders and analysis of the competitive landscape based on recent developments, financial performance, and segmental revenues
- Updated information on recent mergers, acquisitions, collaborations, agreements, partnerships, product launches, and expansions in the global semiconductor chips market
- Descriptive company profiles of the leading global players, including SMIC, Advanced Micro Devices Inc., MediaTek Inc., Kioxia Holding Corp., Texas Instruments Inc., and Samsung Electronics Co Ltd.
Report Scope
In this report, the semiconductor chip market has been segmented based on type, end user and geography. The report provides an overview of the global semiconductor chip market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period, 2022-2027. Revenue forecasts for this period are segmented based on type, end user and geography. Market values have been estimated based on the total revenue of semiconductor chip providers.
The report covers the market for semiconductor chips with regards to user base across different regions. It also focuses on the major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for marketing analytics in 2021 and provides projections of the expected market size through 2027.
Note: A large part of the report focuses on the global semiconductor chip shortage of 2021. The report analyzes the impact of this shortage across various end users and key countries.
The terms semiconductor chips, computer chip, microchip and integrated circuits are used interchangeably.
Report Synopsis
Report Metrics | Details | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Base year considered | 2021 | ||||||||||||||||||||
Forecast period considered | 2022-2027 | ||||||||||||||||||||
Base year market size | $542.1 billion | ||||||||||||||||||||
Market size forecast | $882.1 billion | ||||||||||||||||||||
Growth rate | CAGR of 8.5% for the forecast period of 2022-2027 | ||||||||||||||||||||
Units considered | $ Billions | ||||||||||||||||||||
Segments covered | Type, end user and region | ||||||||||||||||||||
Regions covered | North America, Europe, Asia-Pacific, | ||||||||||||||||||||
Countries covered | U.S., Canada, Mexico, France, Germany, UK, India, South Korea, Taiwan, China, and Japan | ||||||||||||||||||||
Key Market Drivers |
|
||||||||||||||||||||
Companies studied |
|
Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global semiconductor chips market should reach $553.6 billion by 2026 from $381.0 billion in 2021 at a compound annual growth rate (CAGR) of 7.8% for the forecast period of 2021 to 2026.
Report Includes
- 30 data tables and 19 additional tables
- Insight into the global market for semiconductor chips and their widespread applications
- Analyses of the global market trends, with data from 2019 to 2020, estimates for 2021 and projections of compound annual growth rates (CAGRs) through 2026
- Evaluation and forecast the overall semiconductor chips market size (in USD millions), and corresponding market share analysis by type, application, end-user industry and geographic region
- Highlights of emerging technology trends, opportunities and gaps estimating current and future demand for semiconductor chips, and impact of COVID-19 on the progress of this market
- Identification of the companies best positioned to meet this demand owing to their proprietary technologies, new product launches, M&A deals and other strategic alliances
- Discussion of industry value chain analysis, demand-supply gap and factors driving the shortage of semiconductor chips, effectively used in electronic devices manufacturing and the development of all emerging technologies
- Competitive landscape of the major players operating within global market, and their global rankings and company share analysis
- Profile descriptions of the leading vendor companies, Apple Inc., Broadcom Inc., Intel Corp., Qualcomm Inc., Samsung Group and Texas Instruments Inc.
Related Reports
Printed Circuit Boards: Technologies and Global Markets
The global markets for printed circuit boards (PCBs) was valued at $67.9 billion in 2023. It is projected to grow from $70.9 billion in 2024 to $92.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.4% from 2024 through 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
High-speed Data Converters: Global Markets and Growth Forecast
The global market for high-speed data converters is expected to grow from $3.2 billion in 2024 and is projected to reach $4.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.4% during the forecast period of 2024 to 2029.
Semiconductor Machinery Manufacturing: Global Markets
The global market for semiconductor machinery manufacturing is expected to grow from $121.5 billion in 2024 and is projected to reach $223.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 13.0% during the forecast period of 2024 to 2029.
Recent Reports
Printed Circuit Boards: Technologies and Global Markets
The global markets for printed circuit boards (PCBs) was valued at $67.9 billion in 2023. It is projected to grow from $70.9 billion in 2024 to $92.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.4% from 2024 through 2029.
High-speed Data Converters: Global Markets and Growth Forecast
The global market for high-speed data converters is expected to grow from $3.2 billion in 2024 and is projected to reach $4.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.4% during the forecast period of 2024 to 2029.
Global Markets, Technologies and Materials for Thin and Ultrathin Films
The global market for thin and ultrathin films is expected to grow from $20.6 billion in 2023 to $38.8 billion by the end of 2028, at a compound annual growth (CAGR) of 13.5% from 2023 to 2028.
Global IoT Chips Market
The report provides an analysis of the size of the global market for IoT chips. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. The report explores the impact of the COVID-19 pandemic and the Russia-Ukraine war on the global market for IoT chips. The report concludes with profiles of the major players in the market.
The Market for Thermal Management Technologies
The global market for thermal management technologies is estimated to grow from $17.3 billion in 2023 to reach $26.1 billion by 2028, at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2028.
Top Trending Reports
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
Drug Discovery Technologies
The global market for drug discovery technologies is expected to grow from $111.9 billion in 2024 and is projected to reach $197.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.0% during the forecast period of 2024 to 2029.
Artificial Intelligence (AI) in Life Sciences Market
The global market for artificial intelligence (AI) in life sciences products was valued at $8.0 billion in 2023. The market is estimated to grow from $9.8 billion in 2024 to $33.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.9% from 2024 to 2029.
Synthetic Biology: Global Markets
The global market for synthetic biology products was valued at $15.4 billion in 2023. The market is projected to grow from $19.3 billion in 2024 to $61.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 26.1% from 2024 through 2029.
Gene Editing Therapeutics Market
The report provides an overview of current and future market potential of gene editing therapeutics and provides a detailed analysis of the drivers, restraints and opportunities in this market. It also include company profiles of key players, featuring detailed information regarding each company’s business segments, financials, product portfolios and recent developments.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More