Japan Logic Integrated Circuit (IC) Market to Grow at 5.58% During 2024-2032, Propelled by Rising Automation in Automotive Industry

December 18, 2023 | Electronics and Semiconductors

According to the latest report by IMARC Group, titled “Japan Logic Integrated Circuit (IC) Market Report by Type (Logic Standard, MOS Special Purpose Logic), Product Type (Application Specific Integrated Circuit (ASIC), Application Specific Standard Product (ASSP), Programmable Logic Device (PLD)), Application (Consumer Electronics, Automotive, IT and Telecommunications, Manufacturing and Automation, and Others), and Region 2024-2032,” the Japan logic IC market is expected to exhibit a CAGR of 5.58% during the forecast period (2024-2032). A logic integrated circuit (IC) is designed to perform logical operations and process digital signals. It consists of multiple interconnected electronic components like transistors, resistors, and capacitors on a single semiconductor chip. It comes in various types, including basic gates, complex combinational circuits, and sequential circuits. It enables the digital processing of information, which is the foundation of modern computing and communication systems. It is highly efficient, allowing for rapid data manipulation and decision-making in electronic devices. It operates at high speeds, which enables quick data processing with minimal power consumption leading to extending battery life in portable devices. It finds extensive application in numerous electronic devices and systems, including computers, smartphones, and digital cameras.

Japan Logic Integrated Circuit (IC) Market Trends:

At present, the rising demand for logic IC in the automotive industry for safety, infotainment, and autonomous driving technologies represents one of the key factors impelling the market growth in Japan. Moreover, increasing investments in research and development (R&D), particularly in areas like semiconductor technology, are resulting in advancements in logic ICs in terms of performance, energy efficiency, and miniaturization. Besides this, the growing evolution of consumer devices towards smarter, more connected, and energy-efficient models requires advanced semiconductor components like logic ICs to enable functionality and performance. Additionally, the rising number of policies, subsidies, and incentives by the governing body are prompting advancements in semiconductor technology. They are funding semiconductor research, offering tax incentives for tech companies, and investing in infrastructure development, which creates a supportive environment for the growth of the market. In addition, the increasing emphasis on high-quality manufacturing, rigorous testing, and reliability of logic IC under various conditions is supporting the market growth in the country. Apart from this, the rising emergence of technologies, including artificial intelligence (AI), the internet of things (IoT), 5G communication, and smart devices, which require advanced semiconductor components to process large amounts of data efficiently and at high speeds is strengthening the market growth in the country.

Market Summary:

  • Based on the type, the market has been bifurcated into logic standard and MOS special purpose logic.
  • On the basis of the product type, the market has been divided into application specific integrated circuit (ASIC), application specific standard product (ASSP), and programmable logic device (PLD)
  • Based on the application, the market has been segregated into consumer electronics, automotive, IT and telecommunications, manufacturing and automation, and others.
  • Region-wise, the market has been classified into the Kanto region, Kansai/Kinki region, Central/Chubu region, Kyushu-Okinawa region, Tohoku region, Chugoku region, Hokkaido region, and Shikoku region.
  • The competitive landscape of the market has been examined in the report, along with the detailed profiles of the major players operating in the industry.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
 Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: 
  • Type
  • Product Type
  • Application
  • Region
Types Covered Logic Standard, MOS Special Purpose Logic
Product Types Covered Application Specific Integrated Circuit (ASIC), Application Specific Standard Product (ASSP), Programmable Logic Device (PLD)
Applications Covered Consumer Electronics, Automotive, IT and Telecommunications, Manufacturing and Automation, Others
Regions Covered Kanto Region, Kansai/Kinki Region, Central/ Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, Shikoku Region
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Japan Logic Integrated Circuit (IC) Market to Grow at 5.58% During 2024-2032, Propelled by Rising Automation in Automotive Industry
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