In 2024, Samsung retook the market leader position within the global semiconductor industry with a market share of **** percent. Intel ranked second among vendors, occupying a market share of *** percent, closely followed by the AI giant Nvidia with a share of *** percent in 2024. Semiconductor companies in the United States Among the biggest semiconductor companies, a large proportion are based in the United States. In addition to Intel, notable U.S. semiconductor vendors include Nvidia, Qualcomm, and Broadcom. As a whole, U.S. semiconductor companies account for around ** percent of the global market, ahead of several Asia-Pacific regions such as South Korea, Japan, China, and Taiwan. Semiconductor applications The global semiconductor industry develops components for use across a range of applications, including for smartphones, PCs, and data centers. In addition to these products, demand for automotive semiconductors is set to grow as cars become smarter and more connected, with a growing desire also being observed for chips that are capable of supporting artificial intelligence applications.

In 2024, Intel's market share of the global semiconductor market was 7.9 percent. In recent years, Intel has consistently been one of the top semiconductor companies worldwide, with global semiconductor revenues amounting to some 625 billion U.S. dollars in 2024.

The Power Semiconductor Market report segments the industry into By Component (Discrete, Modules, Power IC), By Material (Silicon/Germanium, Silicon Carbide (SiC), Gallium Nitride (GaN)), By End-User Industry (Automotive, Consumer Electronics, IT and Telecommunication, Military and Aerospace, Power, Industrial, Other End-user Industries), and By Geography (United States, Europe, Japan, China, South Korea, Taiwan).

The semiconductor market reached a value of approximately USD 625.05 Billion in 2024. The market is projected to grow at a CAGR of 7.70% between 2025 and 2034, reaching a value of around USD 1312.42 Billion by 2034.

In 2023, the United States accounted for over ** percent of the semiconductor market, based on the headquarters of companies from that region. South Korean manufacturers are second in the world with about **** percent of the market, with companies in the European Union (EU) each accounting for **** percent.

The United States semiconductor market size reached USD 79.50 Billion in 2024. The market is expected to grow at a CAGR of 8.70% between 2025 and 2034, reaching almost USD 183.09 Billion by 2034.

The global semiconductor market size is estimated to rise from $ 623 billion in 2024 to $ 1,074 billion by 2035, representing a CAGR of 5.08%, during the forecast period, 2024-2035.

Semiconductors Market size was valued at USD 429 billion in 2019 and is poised to grow from USD 466.32 billion in 2023 to USD 908.92 billion by 2031, growing at a CAGR of 8.7% in the forecast period (2024-2031).

The India semiconductor market, valued at $39.5 billion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 16% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, the burgeoning domestic electronics manufacturing sector, spurred by government initiatives like the Production Linked Incentive (PLI) scheme, is significantly increasing demand for semiconductors across various applications. Secondly, the rapid growth of the Indian automotive, telecommunications, and consumer electronics industries necessitates a substantial and consistent supply of semiconductors. Thirdly, increasing digitalization across all sectors, from healthcare to finance, is further fueling this demand. The market segmentation reveals a diverse landscape, with integrated circuits (including analog, micro, logic, and memory chips) dominating the semiconductor device type segment, followed by discrete semiconductors, optoelectronics, and sensors and actuators. Significant end-user industries include computers, communications (both wireline and wireless), automotive, and consumer electronics. While challenges remain, including potential supply chain disruptions and global geopolitical uncertainties, the long-term outlook for the India semiconductor market remains exceptionally positive, driven by a supportive government policy environment and increasing domestic consumption. The key players in this dynamic market include a mix of global giants like Intel, Samsung, and Qualcomm, alongside prominent Indian companies such as Tata Group, Bharat Electronics Limited, and Vedanta Semiconductors. This blend of international expertise and growing domestic capabilities positions India strategically for further advancements in semiconductor manufacturing and technological innovation. The competitive landscape is characterized by ongoing investments in research and development, strategic partnerships, and mergers and acquisitions, all aimed at solidifying market share and driving technological advancements within the rapidly evolving semiconductor ecosystem. The government's focus on building a robust domestic semiconductor manufacturing base will likely play a crucial role in shaping the market's future trajectory, potentially attracting further foreign direct investment and fostering innovation. India Semiconductor Market: A Comprehensive Analysis (2019-2033) This in-depth report provides a comprehensive analysis of the burgeoning India semiconductor market, encompassing historical data (2019-2024), current estimates (2025), and future projections (2025-2033). It delves into market dynamics, key players, technological advancements, and regulatory landscapes, offering invaluable insights for businesses, investors, and policymakers. The report utilizes a robust methodology, incorporating both primary and secondary research to ensure accuracy and reliability. This report is crucial for understanding the opportunities and challenges within India's rapidly growing semiconductor industry. Recent developments include: July 2024: AMD announced a partnership with the Society for Innovation and Entrepreneurship (SINE) at IIT Bombay. Through this collaboration, AMD will provide grants to startups incubated at IIT Bombay focused on developing energy-efficient Spiking Neural Network (SNN) chips. These startups will be working on innovative ways to decrease the energy consumption of traditional neural networks. As part of this partnership, Numelo Technologies was awarded the first grant to develop SNN chips using ultralow power quantum tunneling on silicon-on-insulator (SOI) technology., July 2024: Horiba, a Japanese analytical and measurement solutions company with a valuation of USD 2.5 billion, announced that it was considering establishing a unit in India. This facility aims to serve the needs of India's developing fabrication (fab) plants, OSAT (outsourced semiconductor assembly and test) companies, and ATMP (modified assembly, testing, marking, and packaging) players, as well as the expanding global market.. Key drivers for this market are: Growing Automotive Industry and EV Demand, Smartphone and Consumer Electronics Demand Growth; Growing Telecom Infrastructure Augmented by 5G and Fixed Internet Connections. Potential restraints include: Growing Automotive Industry and EV Demand, Smartphone and Consumer Electronics Demand Growth; Growing Telecom Infrastructure Augmented by 5G and Fixed Internet Connections. Notable trends are: The Sensors and Actuators Segment is Expected to Witness Significant Growth.

The Discrete Semiconductor Market report segments the industry into By Device Type (Diode, Small Signal Transistor, Power Transistor, Rectifier, Thyristor), By End-user Vertical (Automotive, Consumer Electronics, Communication, Industrial, Other End-user Verticals), and By Geography (United States, Europe, Japan, China, South Korea, Taiwan). Get five years of historical data alongside five-year market forecasts.

In the fourth quarter of 2024, Taiwan Semiconductor Manufacturing Company (TSMC) recorded a market share of **** percent in the global semiconductor foundry market, while Samsung occupied *** percent of the market. In terms of revenue, the top ten semiconductor foundries worldwide generated ***** billion U.S. dollars in the fourth quarter of 2024. The semiconductor manufacturing process is complex The semiconductor supply chain can be categorized into roughly three distinct stages: design, fabrication, and assembly. Companies that perform all three of these steps are referred to as integrated device manufacturers, with examples including Intel and Samsung. Firms that only design chips, known as fabless companies, rely on chip manufacturers, or foundries, for fabrication. A reliance on semiconductor foundries Fabless companies work closely with the foundries, companies that manufacture chips in fabrication plants, with the market leader TSMC contracted by various companies. Founded in 1987, TSMC decided not to manufacture any products under its name so that the company never engages in direct competition with its customers. Under this strategy, TSMC became the world’s largest semiconductor foundry and a key supplier for large tech companies.

The global analog semiconductor market is anticipated to rise from USD 96.37 Billion in 2024 to USD 136.62 Billion by 2032, growing at a CAGR of 4.5% from 2025 to 2032.

The Taiwan Discrete Semiconductor Market report segments the industry into By Type (Diode, Small Signal Transistor, Power Transistor, Rectifier, Thyristor) and By End-User Vertical (Automotive, Consumer Electronics, Communication, Industrial, Other End-User Verticals). Get five years of historical data alongside five-year market forecasts.

The China semiconductor market size reached USD 182.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 429.9 Billion by 2033, exhibiting a growth rate (CAGR) of 8.9% during 2025-2033. Significant growth in the automotive industry across the country, the increasing connectivity of devices across various industries, and the growing focus on renewable energy sources and energy efficiency are among the key factors driving the market growth.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 182.8 Billion
Market Forecast in 2033	USD 429.9 Billion
Market Growth Rate 2025-2033	8.9%

IMARC Group provides an analysis of the key trends in each segment of the China semiconductor market report, along with forecasts at the country levels from 2025-2033. Our report has categorized the market based on industry type, end user, material used and functions.

Global Semiconductor Market Research Analysis Trends, Industry Share, Size, Growth, and Segmentation Report By Product (Integrated Circuits, Optoelectronics, Discrete Semiconductors, and Sensors), By Application (Automotive, Communication, Consumer Electronics, Industrial, Data Processing and Others), and By Region – Market Scope, Opportunities and Forecast, 2020-2027. Semiconductor market is estimated over USD 510 million in 2019 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.22% over the forecast period (2020-2027).

The global SiC power semiconductor market is growing at a robust CAGR of 25.7% during 2025-2032 and is anticipated to expand from $1,503.81 Mn in 2024 to $9,349.35 Mn by 2032. The market is expected to be valued at $1,862.90 Mn in 2025.

The global logic semiconductor market size reached approximately USD 157.24 Billion in 2024. The market is assessed to grow at a CAGR of 6.10% between 2025 and 2034 to attain a value of around USD 284.26 Billion by 2034.

The compound semiconductor market is projected to be worth US$ 40.2 billion in 2024. The market is anticipated to reach US$ 88.0 billion by 2034. The market is further expected to surge at a CAGR of 8.1% during the forecast period 2024 to 2034.

Attributes	Key Insights
Compound Semiconductor Market Estimated Size in 2024	US$ 40.2 billion
Projected Market Value in 2034	US$ 88.0 billion
Value-based CAGR from 2024 to 2034	8.1%

Country-wise Insights

Countries	Forecast CAGRs from 2024 to 2034
The United States	8.2%
The United Kingdom	8.6%
Japan	9.4%
China	9.0%
Korea	10.9%

Category-wise Insights

Category	CAGR from 2024 to 2034
GaN	7.8%
Group IV-IV	7.5%

Report Scope

Attribute	Details
Estimated Market Size in 2024	US$ 40.2 Billion
Projected Market Valuation in 2034	US$ 88.0 Billion
Value-based CAGR 2024 to 2034	8.1%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	Value in US$ Billion
Key Regions Covered	North America Latin America Western Europe Eastern Europe South Asia and Pacific East Asia The Middle East & Africa
Key Market Segments Covered	Type Group Product Application Region
Key Countries Profiled	The United States Canada Brazil Mexico Germany France France Spain Italy Russia Poland Czech Republic Romania India Bangladesh Australia New Zealand China Japan South Korea GCC countries South Africa Israel
Key Companies Profiled	STMicroelectronics NV NXP Semiconductor N.V. Texas Instruments Inc. Renesas Electronics Corporation Infineon Technologies AG SK siltron Co. Ltd. Sumitomo Electric Industries Ltd. JX Nippon Mining & Metals FURUKAWA CO. LTD. Shin-Etsu Chemical Co. Ltd. SHOWA DENKO K.K. Xiamen Powerway Advanced Material Co. Freiberger Compound Materials GmbH WIN Semiconductors Corp IQE PLC

The global Organic Semiconductor Market size is expected to reach USD 843.62 Billion in 2032 registering a CAGR of 21.8% Discover the latest trends and analysis on the Organic Semiconductor Market. Our report provides a comprehensive overview of the industry, including key players, market share, gro...

The Semiconductor Manufacturing Equipment (SME) market is experiencing robust growth, projected to reach $103.34 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 7.74% from 2025 to 2033. This expansion is driven primarily by the increasing demand for advanced semiconductor devices fueled by the proliferation of smartphones, IoT devices, AI applications, and high-performance computing. The market is segmented by application (semiconductor fabrication plants, testing & inspection, semiconductor electronics manufacturing) and type (front-end and back-end equipment). Front-end equipment, encompassing lithography, etching, and deposition systems, currently holds a larger market share due to the complexity and high capital expenditure involved in advanced node fabrication. However, back-end equipment, encompassing packaging and testing solutions, is witnessing significant growth driven by increasing demand for miniaturization and improved device performance. Key players like Applied Materials, ASML, Lam Research, and Tokyo Electron are strategically investing in R&D and acquisitions to consolidate their market positions and cater to the evolving technological demands. Geographic distribution showcases a strong presence across North America, particularly the US, due to established manufacturing hubs and a strong technology ecosystem. The Asia-Pacific region, specifically China and increasingly India, is rapidly emerging as a key growth driver, fueled by substantial investments in domestic semiconductor manufacturing capabilities. Europe, led by Germany, also maintains a significant market presence, contributing to overall market growth. While the market faces challenges like cyclical demand fluctuations and geopolitical uncertainties, the long-term outlook remains positive, driven by continuous advancements in semiconductor technology and the expanding applications of semiconductors across diverse industries. The increasing adoption of automation and AI in manufacturing processes will further fuel the growth of this market in the coming years, leading to higher efficiency and productivity.