Integrated Circuits Driving Growth Of The Global Semiconductor Industry
Global semiconductor market is projected to grow at a CAGR of around 6% during 2011-2014, according to a research, says RNCOS.
- (1888PressRelease) November 10, 2011 - According to our research report, "Semiconductor Industry Forecast to 2012", the fast moving electronics and telecommunication market has witnessed tremendous growth in semiconductor sales in 2010. Semiconductor market has been gaining popularity among industrial sectors including automotive, aircraft, telecommunication, and wireless devices, etc. This market is largely being considered as a sophisticated and capital-intensive enterprise, incorporating a wide range of highly advanced technologies that stimulate growth in other industries through the use of electronics. On the back of these factors, it is projected that, the global semiconductor market will grow at a CAGR of around 6% during 2011-2014.
As per our research findings, integrated circuit (IC) is the most promising segment of the semiconductor industry. ICs are utilized in almost all electronic equipments and have transformed the world of electronics at present. This transformation is attributed to the strong demand for consumer electronic products around the world amid recovering economic condition in various countries. Thus, the segment accounts for majority of the semiconductor market revenues across the world.
Apart from ICs, our report covers details of the other segments of the semiconductor industry. It also provides detailed information about semiconductors chips which are invaluable in personal computers, household appliances, digital watches, digital telephones, calculators, and all other "solid state" products.
Our report also provides an extensive research and thorough analysis of the semiconductor market across the globe. It critically examines and provides an unbiased view into the state of the global semiconductor industry, including current and future market size across various segments. It also highlights various potential application areas that continue to grow despite the global crisis.
Our report, "Semiconductor Industry Forecast to 2012", will facilitate the clients to analyze trends and developments in the semiconductor market, providing them with exclusive insight into future potential of various countries under analysis. It features exclusive forecast for various semiconductor segments including ICs, discrete semiconductors, optoelectronics, sensors, wafer processing equipment, assembly and packaging equipment, testing equipment, wafer fabrication materials, and packaging material. In this way, our report presents a complete and coherent analysis of the global semiconductor industry, which will prove decisive for the clients.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM179.htm
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Established in 2002, RNCOS is a premier source of industry research and information provider. We bring first-hand information and prudent analysis on different industries, technologies, economic and non-economic market parameters, potential markets, and key competitors, to help clients identify prospective growth areas and gain competitive edge.
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