Global Semiconductor Market Set for Tremendous Growth

With increase in consumer electronics demand across various economies around the globe, the global semiconductor market will surge at a CAGR of around 6% during 2011-2014, acknowledged RNCOS in its latest research report.

Noida, India (prHWY.com) September 6, 2011 - According to our research report, "Semiconductor Industry Forecast to 2012", with the rapid increase in global electronics and telecommunication industry, the semiconductor market reported a tremendous upsurge in sales in 2010. The industry is gaining immense popularity among various industrial sector, such as automotive, aircraft, telecommunication, and wireless devices, etc. Moreover, emerging markets including China, Taiwan, Korea, and India are fueling the sales of computation and communications products and creating demand for the semiconductor industry. On the back of these factors, it is projected that, the global semiconductor market will grow at a CAGR of around 6% during 2011-2014.

Our ongoing research found that, integrated circuit was the dominating segment with its continuously booming usage in electronics products of daily use. Other segments like discrete semiconductor, optoelectronics, and sensors have also witnessed considerable growth. On regional front, emerging economies in Asia-Pacific regions accounted for more than half of the semiconductor market globally owing to increase in investment by major international players and favorable government support.

Further, looking at the vertical segmentation, the mobile and PC market continued to dominate the global semiconductor industry. However, we expect that the other segments, such as video surveillance, satellite navigation, and wireless industry will increase their market share on the back of increasing preferences of consumers towards these devices.

Our report provides an extensive research and thorough analysis of the semiconductor market across the globe. The report critically examines and provides unbiased view into the state of the global semiconductor industry, including current and future market size across various segments. It also highlights various potential application areas that continue to grow despite the global crisis.

Our report, "Semiconductor Industry Forecast to 2012", will facilitate the clients to analyze trends and developments in the semiconductor market, providing them with exclusive insight into future potential of various countries under analysis. The report features exclusive forecast for various semiconductor segments including integrated circuits, discrete semiconductors, optoelectronics, sensors, wafer processing equipment, assembly & packaging equipment, testing equipment, wafer fabrication materials, and packaging material.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM179.htm

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About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: electronic components

Categories: Business

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