Semiconductor Market in East Asia Set to Expand by USD 99.54 bn with a 6.21% CAGR from 2023-2028


Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) -- The "Semiconductor Market in East Asia 2024-2028" report has been added to ResearchAndMarkets.com's offering.


A comprehensive research publication examining the semiconductor market in East Asia has been recently added to the industry's leading analysis collections. This holistic report forecasts a significant growth of USD 99.54 billion during the 2023-2028 period, with the market momentum accelerating at a compound annual growth rate (CAGR) of 6.21%.

The insightful document provides a thorough analysis, encompassing a wide array of market sizes, trends, drivers, and challenges. It incorporates a meticulous vendor analysis, scrutinizing nearly 25 prominent market participants. The research underscores pivotal growth drivers, such as the increasing automation within the automobile sector, consistent expansion within the semiconductor industry, and the rising implementation of advanced driver assistance systems (ADAS) in the automotive sphere.

Segment Analysis and Market Trends
Key market segmentations are carefully evaluated in the report, including:

  • By End-user:
    1. Memory
    2. Foundry
    3. IDM
  • By Product:
    1. Integrated Circuits (ICs)
    2. Optoelectronics
    3. Discrete Semiconductors
    4. Sensors

The surge in chip fabrication plants across the globe is identified within the report as a primary factor propelling market growth. Additionally, breakthroughs in communication devices and sensor technologies, coupled with rapid technological progress in the semiconductor sector, are predicted to stoke demand.

Comprehensive Vendor Insights and Geographical Landscape

The report's exhaustive vendor analysis sets out to bolster clients' market positions. It dissects several leading East Asia semiconductor market vendors, noting their strengths and areas of prospective growth. Pivotal dynamics, including but not restricted to Broadcom Inc., MediaTek Inc., and Samsung Electronics Co. Ltd., are featured in this in-depth analysis.

Market dynamics, including profit strategies, competitive pricing, and promotional avenues, are parsed, offering a rich tapestry of the market's various dimensions. The research synthesis accentuates the key industry drivers and delivers a well-rounded, reliable data corpus borne of both primary and secondary sources.

Market Research and Forecasting Acumen

The addition of this report significantly enriches market understanding, extending beyond mere data compilation to include analysis of key market parameters. Authored by industry experts, this document identifies imminent trends and challenges poised to shape market trajectories. It empowers companies to align their strategies with upcoming growth opportunities, ensuring they are well-positioned to capitalize on market expansion.

With a focus on qualitative and quantitative research methods, the market forecast projects accurate market growth, serving as an indispensable guide for stakeholders across the semiconductor industry spectrum.

In sum, this report not only acts as a beacon for navigating the complexities of the East Asian semiconductor market but also functions as an essential instrument for businesses charting their course through the dynamic market landscape of the coming half-decade.

A selection of companies mentioned in this report includes

  • Broadcom Inc.
  • GigaDevice Semiconductor Inc.
  • Ingenic Semiconductor Co. Ltd.
  • MediaTek Inc.
  • NXP Semiconductors NV
  • Qualcomm Inc.
  • Renesas Electronics Corp.
  • Restar Holdings Corp.
  • ROHM Co. Ltd.
  • Samsung Electronics Co. Ltd.
  • Shanghai Fortune Techgroup Co. Ltd
  • Sharp Corp.
  • SK hynix Co. Ltd.
  • Sony Group Corp.
  • STMicroelectronics International N.V.
  • TAIWAN SEMICONDUCTOR CO. LTD
  • Taiwan Semiconductor Manufacturing Co. Ltd.
  • TDK Corp.
  • Toshiba Corp.
  • United Microelectronics Corp.

For more information about this report visit https://www.researchandmarkets.com/r/m3ld1p

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