Global Semiconductors and Other Electronic Components Market Report 2022
Major companies in the semiconductor and other electronic components market include Samsung Electronics Co. Ltd., Taiwan Semiconductor Mfg. Co ltd, SK Hynix Inc, Qualcomm, Micron Technology Inc, LG Display Co Ltd, Intel Corporation, Hon Hai Precision Industry, Broadcom Ltd. and Advanced Semiconductor Engineering Inc.
New York, March 25, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Semiconductor And Other Electronic Component Global Market Report 2022″ – https://www.reportlinker.com/p06247442/?utm_source=GNW
The global semiconductor and other electronic components market is expected to grow from $959.88 billion in 2021 to $1,039.71 billion in 2022 at a compound annual growth rate (CAGR) of 8.3%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which had previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities that resulted in operational challenges. The market is expected to reach $1,378.33 billion in 2026 with a CAGR of 7.3%.
The semiconductors and other electronic components market includes sales of semiconductors and other electronic components by entities (organizations, sole proprietorships, and partnerships) that produce semiconductors and other electronic components for electronic applications. Examples of products produced by these establishments are capacitors, resistors, microprocessors, bare and loaded printed circuit boards, electronic tubes, electronic connectors, and computer modems.
The main types of semiconductors and other electronic components are semiconductors and related devices and general electronic components. A semiconductor is a material product composed primarily of silicon that conducts electricity more than an insulator like glass but less than a pure conductor like copper or aluminum.
Their conductivity and other properties can be changed by introducing impurities, a process called doping, to suit the specific needs of the electronic component in which they reside. The equipment works in online and offline mode.
The various sales channels include OEM and aftermarket which are used for automotive, manufacturing and other applications.
Asia-Pacific was the largest region in the semiconductors and other electronic components market in 2021. North America was the second largest region in the semiconductors and other electronic components market.
Regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Semiconductor companies around the world are looking to improve their competitiveness by increasing their investments in green semiconductors. The trend is mainly aimed at reducing power consumption and limiting data usage.
For example, Samsung’s green DRAM is DDR4, which has reduced operating voltage and doubled bandwidth compared to DDR3. Samsung’s DDR4 offers 40% increased performance and up to 15% lower power consumption compared to DDR3.
The Korean tech giant also plans to develop magnetoresistive random-access memory (MRAM) and phase-change memory (PRAM) as next-generation green memory solutions. For example, some of the leading companies making green semiconductors include Samsung Electronics Co.
Ltd, Intel Corporation and QUALCOMM Inc.
The countries covered in the Semiconductor and Other Electronic Components market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Republic Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India and Indonesia. , Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela and Vietnam.
Read the full report: https://www.reportlinker.com/p06247442/?utm_source=GNW
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