General Electronic Components Segment Expected To Rise In The Semiconductor
Posted by sainath on September 4th, 2018
The semiconductors and other electronic component manufacturing industry comprises establishments manufacturing semiconductors and related solid device markets. Semiconductor products include integrated circuits, memory chips, sensors, microprocessors, diodes, transistors, solar cells and other optoelectronic devices.
The global semiconductor and other electronic component manufacturing market has shown decent growth in the past years with a CAGR of over 4%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.
TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the semiconductor and other electronic component manufacturing market to grow at a lower CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.
General electronic components are devices that work within an electronic system to have an effect on their associated fields. These components have a number of electrical terminals which are connected to form an electronic circuit with a particular function such as amplifier or oscillator. These electronic components have wide range of applications in the areas such as aerospace, communication, automotive and other industries.
This segment covers about 30% of the total semiconductor and other electronic component manufacturing market, and is expected to rise at a higher CAGR than the semiconductor and related devices segment, which covers 70% of the total market.
Companies included in the report are Intel Corporation, Samsung Electronics Co Ltd., Taiwan Semiconductor Mfg. Co. Ltd., Micron Technology, Inc., and QUALCOMM Incorporated.
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