Growth of Semiconductor Market Attributed to Thriving Automotive Industry | IndustryARC - Marketprwire

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Monday, 20 May 2019

Growth of Semiconductor Market Attributed to Thriving Automotive Industry | IndustryARC



Existence of semiconductors is visible everywhere, starting from smartphones to satellites, a combination of physics, chemistry, and electrical engineering. Worldwide electronic devices are equipped with these semiconductors, which are defining the new cutting-edge technologies. A recently published business intelligence report of IndustryARC states that the global semiconductor market size stood at $426.4 billion in the year 2018. Additionally, opportunities are set to grow with a Compound Annual Growth Rate (CAGR) of 6.50% over the forecast period of 2019-2025. The report is titled “ Semiconductor Market: By Type (Intrinsic Semiconductor, Extrinsic Semiconductor); By Components ( Seals, Filters, Mass flow Controllers, Valves, Others); By Instrument (Collection, Monitoring, Data Measurement, Others); By Subsystem (Robotics, Vacuum, Power Conversion, Others)); By Process (Water Production, Wafer Fabrication, Doping, Masking, Etching, Others); By Application (Networking &Telecommuni

https://industryarc.com/PressRelease/1076/Semiconductor-Market-Research.html?utm_source=sairam&utm_medium=Social&utm_campaign=sairam

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