China Semiconductor Market reached a value of US $ 163.18 Bn. in 2020. China Semiconductor Market size is estimated to grow at a CAGR of 12.8%.
Semiconductor Market Overview
The Semiconductor Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2029, published by Maximize Market Research, is the culmination of thorough primary and secondary research. The report provides a detailed analysis of regional insights into the Semiconductor market, and its changing trends, industry environment, and all of the market-leading key players. The research approach was used to investigate the Semiconductor market and the results were logically presented in the report.
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China Semiconductor Market reached a value of US $ 163.18 Bn. in 2020. China Semiconductor Market size is estimated to grow at a CAGR of 12.8%.
Semiconductor Market Scope
MMR's research is a detailed analysis of the Semiconductor market and identifies all of the top major companies in the market based on variables such as volume, value, market share, strategies, and growth in the industry. The research also includes tactics for both existing industry participants and those looking to enter the market i.e. new market entrants.
Market Dynamics:
China is the world’s largest manufacturing centre, which is producing 36% of the world’s electronics, such as smartphones, computers, cloud servers, and telecom infrastructure. With one-fifth of the world’s population, which is more than 1.4 billion, China is the second-largest final consumption for electronic devices embedded with semiconductors market after the U.S.
The Chinese government is continuously taking serious initiatives to increase the production of semiconductors by investing US$ 150 billion from 2014 through 2030. For instance, On Oct. 16, China launched its Shenzhou-13 spacecraft using the Long March-2F rocket, carrying a three-person crew to the Tianhe core module of the Tiangong space station for a six-month mission. At the beginning of 2021, China landed a rover on Mars. According to Chinese state media, both China’s space station and the Mars rover were 100% indigenously designed-and-produced semiconductors, which indicates that China has sophisticated microchip capabilities. These factors are expected to fuel China's semiconductor market growth during the forecast period.
Market Segmentation:
The China Semiconductor Market is divided into Intrinsic Semiconductor and Extrinsic Semiconductor segments based on Type. As of 2020, the Intrinsic Semiconductor segment held the largest market share. An intrinsic semiconductor is also referred to as a pure semiconductor because it contains no dopants or impurities. Numerous advantages, including high electrical conductivity, temperature insulation, and cost effectiveness, are offered by the intrinsic semiconductor. The growth of the semiconductor market for this segment is being driven by an increase in the usage of intrinsic semiconductor in various end-users.
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Key Players:
• Semiconductor Manufacturing International Corporation
• Fujian Jinhua Integrated Circuit
• NXP Semiconductors (Guangdong) Co., Ltd
• HiSilicon Technologies CO., Ltd
• Infineon Technologies (China) Co., Ltd
• ON Semiconductor Corporation (China)
• Jiangsu Changjing Electronics Technology
• Will Semiconductor Co
• Hejian Technology Corporation
• Brite Semiconductor
• China Electronics Corporation
• Suzhou Oriental Semiconductor
• Allwinner Technology
• ChangXin Memory Technologies
• Yangtze Memory Technologies
Regional Analysis
The report provides the Semiconductor Market's growth pattern in detail. The report on the Semiconductor market demonstrates the most significant regions, which include 5 regions, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, have global influence. Consumption quantities, manufacturing sites and volumes, import-export analysis, price trend analysis, cost of raw materials, and value chain analysis are some of the major and important indicators used during the forecast of Semiconductormarket for each country.
Key Questions answered in the Semiconductor Market Report are:
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Mar 03, 2023