LONDON–(BUSINESS WIRE)–#SemiconductorMarketinEastAsia–Technavio has been monitoring the semiconductor market in East Asia and it is poised to grow by USD 186.19 bn during 2020-2024, progressing at a CAGR of 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. GigaDevice Semiconductor (Beijing) Inc., MediaTek Inc., Qualcomm Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Sharp Corp., SK Hynix Inc., Sony Corp., STMicroelectronics NV, and TDK Corp. are some of the major market participants. The growth of the consumer electronics market will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The growth of the consumer electronics market has been instrumental in driving the growth of the market.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Semiconductor Market in East Asia 2020-2024: Segmentation
Semiconductor Market in East Asia is segmented as below:
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Semiconductor Market in East Asia 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The semiconductor market in East Asia report covers the following areas:
This study identifies an increase in the number of chip fabrication (fabs) worldwide as one of the prime reasons driving the semiconductor market in East Asia growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Semiconductor Market in East Asia 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
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