According to the latest report by IMARC Group, titled "China Semiconductor Market Report by Industry Type (Design, Manufacture, Packaging and Testing), End User (Automotive, Industrial, Data Center, Telecommunication, Consumer Electronics, Aerospace and Defense, Healthcare, and Others), Material Used (Silicon Carbide, Gallium Manganese Arsenide, Copper Indium Gallium Selenide, Molybdenum Disulfide, Bismuth Telluride), Functions (ICS, Discrete Devices, Optical Devices, Sensors, Microwave Devices, Hybrid ICS), and Region 2025-2033," the China semiconductor market size reached USD 182.8 Billion in 2024. A semiconductor is a crystal substance that conducts electricity and is widely used as a key component in the manufacturing of electronic circuits. It functions upon being exposed to light, heat and voltage. It is shock-proof, consumes less power and occupies minimum space with an unlimited shelf-life. Therefore, it is widely utilized to manufacture integrated circuits (ICs) and discrete electronic components, including transistors and diodes. Some of the commonly used compounds used in the production of semiconductors include tin, germanium, silicon, and gallium arsenide.
China Semiconductor Market Trends:
The market in China is primarily driven by significant growth in the consumer electronics sector. This is supported by the rising adoption of smartphones, laptops, tablets, computers, and household appliances across the country. Along with this, continual technological advancements are providing an impetus to the market growth in China. For instance, the introduction of self-driving vehicles, robots and quantum computing systems are providing a boost to the sales of semiconductors across the region. Moreover, the widespread adoption of semiconductors for multiple high-tech national security solutions and the production of military vehicles in the defense sector is positively influencing the market growth. The market is further driven by the increasing adoption of advanced assistance systems (ADASs) in automobiles. Some of the other factors contributing to the market growth include rapid industrialization and extensive research and development (R&D) activities conducted by key players to introduce improved product variants with higher efficiency. Looking forward, the market value is projected to reach USD 429.9 Billion by 2033, expanding at a CAGR of 8.9% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Industry Type, End User, Material Used, Functions, Region |
Region Covered | Guangdong, Shandong, Henan, Sichuan, Jiangsu, Others |
Companies Covered | 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. |
Customization Scope | 10% Free Customization |
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) |
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal