Semiconductor Foundry Market to Touch USD 72.27 Billion | Semiconductor Foundry Market Growth Analysis and Industry Forecast 2028

Semiconductor Foundry Market Research Report: Information by Industry (Automotive, Aerospace, Industrial, Consumer Electronics, and Healthcare), Foundry Type (Pure Play Foundry, and IDMs) and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2028

Market Highlights

The global semiconductor foundry market expected to surpass USD 72.27 billion by 2028, registering a CAGR of 7.2% during the forecast period, 2021–2028.

A semiconductor foundry is a factory where the components which make up an integrated circuit are made. Increasing demand for semiconductor devices in automobiles, consumer electronics, medical devices, military equipment, and smart home appliances are projected to boost the market over the forecast period. Semiconductor demand has increased due to the need for advanced safety features on cars, mainly for electric and self-driving cars. The growing demand for ICs from the automotive industry has spurred growth in the overall semiconductor foundry market. Connected cars, machine learning, automation, and analytics are all expected to increase demand for semiconductor foundries. In addition, the use of Internet of Things-enabled devices and government funding for advanced semiconductor technology in several developed countries are expected to fuel the growth of the semiconductor foundry market during the forecast period. Cash flows from operations are likely to improve in the semiconductor foundry market as a result of several factors: a global shortage of semiconductors, increased demand for microchips, and greater outsourcing of assembly and testing.

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Segmentation:

By Technology node, the semiconductor foundry market has been segmented into 10/7/5 nm, 16/14 nm, 20 nm, 45/40 nm, 65 nm, 130 nm, and others. Among these, the 130 nm technology node segment dominated the market in 2021 and is projected to dominate over the review period. 130 nm technology nodes have a longer life and offer an attractive cost structure.

By industry, the global semiconductor foundry market has been segmented into communication, consumer electronics, automotive, healthcare, aerospace, and others. Consumer electronics segment is expected to account for the largest share of the semiconductor foundry market in 2021. Consumer electronics is one of the fastest-growing industries in the world due to the growing demand for new technologies and rapid advancements in technology to cater to consumer demands. With growing consumer demand, companies have started focusing on developing high-performing, convenient-to-use devices.

Based on Foundry Type, the global semiconductor foundry market is segmented into Pure Play Foundry and IDMs. Pure play foundry segment is expected to account for the largest share of the semiconductor foundry market in 2021.

Regional Analysis:

The global semiconductor foundry market is projected to grow at a substantial rate during the review period from 2021 to 2028. The geographic analysis of the air quality sensor market has been conducted for North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Spain, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Taiwan, Australia and the rest of Asia-Pacific), and the rest of the world (the Middle East & Africa and South America). Among these, Asia-Pacific dominated the semiconductor foundry market in 2021 due to the presence of major key players in the region, increasing demand for premium smartphones, and rising disposable incomes. On the other hand, North America is expected to witness the fastest growth during the forecast period.

Competitive Analysis

The key players in the global semiconductor foundry market are Taiwan Semiconductor Manufacturing Company (TSMC) Limited (Taiwan), Global Foundries (US), United Microelectronics Corporation (UMC) (Taiwan), Semiconductor Manufacturing International Corporation (SMIC) (China), Samsung Group (South Korea), Dongbu HiTek Co. Ltd (Korea), Fujitsu Semiconductor Limited (Japan), Hua Hong Semiconductor Limited (China), STMicroelectronics NV (Switzerland), TowerJazz (Tower Semiconductor Limited) (Israel), Vanguard International Semiconductor Corporation (Taiwan), X-FAB Silicon Foundries (Germany), Magnachip (South Korea), United Microelectronics Corporation (Taiwan) and Powerchip Semiconductor Manufacturing Corp.(Taiwan)

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Semiconductor Foundry Market Research Report: Information by Technology Node (10/7/5 nm, 16/14 nm, 20 nm, 28 nm, 45/40 nm, 65 nm and 130 nm), Industry (Automotive, Aerospace, Industrial, Consumer Electronics, and Healthcare), Foundry Type (Pure Play Foundry, and IDMs) and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2028

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