Chinese Semiconductor Market To Experience Robust Growth By 2013
Wireless communication, consumer electronics, and automotive industry will fuel growth in the Chinese semiconductor market, says RNCOS.
- (1888PressRelease) January 15, 2011 - China has emerged as one of the fastest growing markets in terms of semiconductor consumption on the global map. One of the major reasons for this transformation has been the continuing transfer of global electronic equipments production facilities to China owing to the country's low cost manufacturing facilities. According to our research report "Semiconductor Industry Forecast to 2012", Chinese semiconductor market will grow at a CAGR of around 11% during 2011-2013. Country's wireless communication, consumer electronics, and automotive industry will fuel growth in the semiconductor demand.
Our team of analyst has found that demand for electronic information products, such as IC are mainly from PCs, notebook computers, printers, display, keyboards, and mouse. Although the output of many products is decreasing, notebook computer's high growth rate pushed up the relative development of China's computer IC market. Analyzing the product structure of semiconductor market, it has been found that memory ICs continue to lead the market, driven by the growth in demand and production of notebook computers, CPUs, and the computer peripheral market.
According to our research report, global semiconductor market has been showing a remarkable recovery since the last quarter of 2009. Sales of semiconductors grew by around 60% in the first quarter of 2010 against the corresponding period in 2009. As per the research, increasing demand for portable entertainment devices such as, e-readers, portable navigation devices, personal media players, wireless communication equipments, wireless digital photo frames, and wireless chargers are projected to grow during the next three - four years.
"Semiconductor Industry Forecast to 2012" provides a thorough study of global semiconductor market with analysis by segment, by equipment, and by materials. It covers country level analysis of the US, the UK, France, Germany, Japan, South Korea, China, India, Singapore, Taiwan, and Russia. Our report also provides vertical industry analysis of mobile, PC, video surveillance market, wireless, satellite, and LCD TV market. The report aims at providing the best consultancy to clients.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM179.htm
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About RNCOS:
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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