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Semiconductor Market Worth $332Bn in 2015: $40.5Bn (Approx. 12%) Will be the Global Semiconductor Equipment Market Size

ReportsnReports.com adds 2015 semiconductor market research reports that forecast a 2.9% CAGR to 2020 for semiconductor industry and a 6.7% rise from 2014 in the semiconductor equipment market size during 2015 across the world.

The Global Semiconductor Market 2015 - 2020 research report forecasts revenues for key services across key geographies. The global semiconductor market is forecast to reach $332bn across 2015, representing a 3.4% growth in comparison to $316bn in 2014. This research forecasts that the market will grow at a 5-yr CAGR of 2.9% over 2015 to 2020, with the majority of growth being driven by mobile, automotive and industrial application markets. The consumer electronics and data processing application markets are expected to remain at the end of the growth spectrum with limited expectations for any innovative development to lead market demand.

Key product and service applications for semiconductor technology include innovations in smart devices and hyper-connected communications networks, as well as medical devices and efficient infrastructure across the energy sector. There is still capacity in the semiconductor market for innovative semiconductor production methods that drive expenditure reduction, productivity, and efficiency as the demand for performance increases.

This semiconductor market research facilitates analysis of the state of the global semiconductor market in 2015 and a market forecast for the period 2015-2020. It helps identify how the market operates and which companies are operating in the market, their current products and pipeline candidates. Discover how the semiconductor market is evolving across the forecast period of 2015-2020 through the examination of global and regional benefits and challenges, particularly relating to political, economic, social, and technological factors and read interviews with 2 key global authorities in the semiconductor market.

Top 20 global semiconductor industry players, by revenue, 2014 listed in this research include Intel, Samsung, Qualcomm, Micron, SK Hynix, Texas Instruments, Toshiba, Broadcom, TSMC, STM, MediaTek, Renesas, SanDisk, Infineon, NXP, Avago, AMD, Freescale, Sony and NVIDIA.
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