Semiconductor Market on the RiseAugust 4, 2011
MarketResearch.com predicts that worldwide semiconductor equipment segment growth will exceed $35 billion by 2013, and the semiconductor material sector is expected to grow at an average rate of 7.74% for the same period.
ROCKVILLE, MD /Marketwire/ -- MarketResearch.com has announced the addition of the new report "Semiconductor Industry Market Analysis & Future Trends Worldwide (2010 - 2013)," to its collection of electronics market reports. For more information, visit the company's Web site.
Today, semiconductor industry serves as driver, enabler, and indicator of technological progress. The semiconductors have entirely changed the outlook of the world we live in today. The PCs we work on; the cars we drive; the phones with which we communicate; the electronic gadgets on which we watching movies, listen to music, and play video games; the planes and weapons used to transport or protect us all use semiconductor devices. In other words, we can say that semiconductors are used by a range of industries, from automotive and communications infrastructure to computer industries and many more.
Semiconductor equipment plays a vital role in the manufacturing of integrated devices (ICs). The worldwide semiconductor equipment market is expected to cross $35 billion by 2013. Wafer processing is the leading segment in the equipment markets. Its market share is steadily increasing, and it is expected to be over 80% of the worldwide equipment market by 2013.
However, the semiconductor material market has long played a supporting role in relation to semiconductor equipment, but with consistent year-over-year growth before 2009 as the result of record volumes of chips produced, the materials market is set to leave the shadow of the flashy equipment market. It is expected that this market will grow on average growth rate of 7.74% for the period spanning 2010–2013. Japan and Taiwan were two major semiconductor material markets in the globe.
As a result, the worldwide semiconductor market in 2009 was approximately $200 billion, and it is expected that the worldwide semiconductor market will cross the $300 billion landmark by the end of 2013. In this growth, only minor shifts in sales distribution are expected.
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