MarketResearch.com has added a new electronics market report tilted Semiconductor Industry Market Analysis & Future Trends Worldwide (2010 - 2013) to its catalogue.
According to this report, the semiconductor industry drives, enables and indicates technological growth. Semiconductors have changed the overview of today’s world completely. The electronic gadgets used for listening to music, playing video games, watching movies, flights used for transportation, planes or weapons used to provide shielding, computers,motors, and cell phones used for communication all make use of semiconductor devices. Overall, semiconductors find its application in most of the industries including computers, communications, infrastructure, automotives, and many others.
Semiconductor devices play a key role in the production of integrated devices (ICs). It is anticipated that by 2013, the global semiconductor market may go past US$ 35 Billion. Wafer processing is the segment leading the semiconductor equipment market. The market share of this segment is constantly increasing and by 2013, it is projected to occupy 80% of the global equipment market.
This market is anticipated to grow at an average rate of 7.74% from the year 2010 to 2013. Taiwan and Japan are the two important markets for semiconductor material across the world.
Findings show that the global semiconductor market was nearly US$ 200 billion in 2009 and it is projected that the global semiconductor market will go beyond US$ 300 billion by 2013 completion. In this advancement, just small transformation in sales distribution is anticipated.