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The China semiconductor market grew at a CAGR of 11% during 2015-2020. Semiconductors refer to a class of crystalline materials that provide electrical conductivity between an insulator and a conductor under regulated conditions. These materials neither exhibit conduction nor insulation at the room temperature, but can conduct electricity when exposed to heat, light, and voltage. Semiconductors are made up of a wide range of elements, including silicon, tin, selenium, germanium, gallium, etc. They are extensively adopted for manufacturing integrated circuits, optoelectronics, sensors, microwave devices, etc. As a result, semiconductor materials find numerous applications across diverse industries, including consumer electronics, automotive, telecommunication, aerospace, healthcare, etc.
In China, the expanding consumer electronics sector is primarily driving the demand for semiconductors in manufacturing smartphones, laptops, digital cameras, washing machines, televisions, etc. Additionally, a significant growth in the automotive industry is also propelling the product utilization in automotive lighting systems, auto infotainment systems, digital screens, etc. In line with this, the emergence of car-mounted sensor systems, such as Advanced Driver Assistance System (ADAS), for providing enhanced driving experience is further augmenting the demand for semiconductors in China. Apart from this, the rising penetration of Industry 4.0 trends in the country is further catalyzing the product demand for manufacturing several automated machineries for industrial purposes. Moreover, the emergence of numerous advanced technologies, such as GPS, IoT, AI, remote sensing, etc., will continue to drive the demand for semiconductor-based components in China over the forecasted period. Looking forward, IMARC Group expects the China semiconductor market to continue its strong growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the China semiconductor market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, industry type, end user, material used and functions.
Breakup by Industry Type:
Breakup by End User:
Breakup by Material Used:
Breakup by Functions:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being HiSilicon (Shanghai) Technologies Co. Ltd. (Huawei Technologies Co. Ltd.), Infineon Technologies AG, Micron Technology Inc, NXP Semiconductors N.V., On Semiconductor, OmniVision Technologies Inc., Samsung Electronics, SK hynix Inc, STMicroelectronics and Tianjin zhonghuan Semiconductor Co. Ltd.
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