Semiconductor And Related Devices Market

By Product;

Integrated Circuits [Analog Integrated Circuits, Digital Integrated Circuits and Mixed-Signal Integrated Circuits], Memory Chips [Dynamic Random Access Memory (DRAM), Static Random Access Memory (SRAM) and Flash Memory], Microprocessors [General-Purpose Microprocessors, Application-Specific Integrated Circuits (ASICs) and Digital Signal Processors (DSPs)] and Others

By Type;

Intrinsic Semiconductors and Extrinsic Semiconductors

By End-Use Industry;

Information Technology, Aerospace & Defense, Consumer Electronics, Automotive, Healthcare and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn918338450 Published Date: September, 2025 Updated Date: October, 2025

Semiconductor And Related Devices Market Overview

Semiconductor And Related Devices Market (USD Million)

Semiconductor And Related Devices Market was valued at USD 544,781.91 million in the year 2024. The size of this market is expected to increase to USD 751,362.39 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.7%.


Semiconductor And Related Devices Market

*Market size in USD million

CAGR 4.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.7 %
Market Size (2024)USD 544,781.91 Million
Market Size (2031)USD 751,362.39 Million
Market ConcentrationHigh
Report Pages378
544,781.91
2024
751,362.39
2031

Major Players

  • Intel
  • Qualcomm
  • Samsung Semiconductor
  • Broadcom
  • Taiwan Semiconductor Manufacturing Company Limited
  • NXP Semiconductors N.V
  • QUALCOMM

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Semiconductor And Related Devices Market

Fragmented - Highly competitive market without dominant players


The Semiconductor and Related Devices Market is experiencing rapid growth due to the increasing demand for electronic devices and systems that rely on advanced semiconductor technology. Approximately 75% of modern electronic devices, from smartphones to automotive systems, depend on semiconductors and related devices. These components are integral to the functioning of almost every modern technological application, making them a critical part of the global economy.

Surge in Demand for Consumer Electronics
The growth of the consumer electronics market is a major driver of the semiconductor and related devices market. Around 60% of semiconductor demand comes from consumer electronics, including smartphones, tablets, and laptops. The need for higher processing power, improved connectivity, and energy-efficient systems continues to drive demand, especially with the introduction of next-generation devices like 5G-enabled smartphones and wearables.

Technological Innovations and Advancements
Technological innovations in semiconductor manufacturing processes, such as miniaturization and the development of new materials, are helping to meet the growing demands of the electronics industry. Around 65% of semiconductor manufacturers are investing in research and development to create smaller, faster, and more power-efficient devices. These advancements have resulted in improved performance, reduced energy consumption, and lower overall production costs, contributing to market growth.

Automotive and Industrial Applications Driving Growth
The automotive and industrial sectors are increasingly dependent on semiconductor devices for various applications. Around 55% of semiconductor market growth is attributed to automotive systems, such as electric vehicles (EVs), autonomous driving technologies, and advanced driver-assistance systems (ADAS). As the automotive sector becomes more electrified and connected, the demand for semiconductor-based devices in vehicles is expected to continue rising.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Type
    3. Market Snapshot, By End-Use Industry
    4. Market Snapshot, By Region
  4. Semiconductor And Related Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Electronics Use
        2. Advanced Technologies
      2. Restraints
        1. 5G and Automotive Trends
        2. Manufacturing Complexity
      3. Opportunities
        1. Chip Shortage
        2. Focus on sustainability
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Semiconductor And Related Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Integrated Circuits
        1. Analog Integrated Circuits
        2. Digital Integrated Circuits
        3. Mixed-Signal Integrated Circuits
      2. Memory Chips
        1. Dynamic Random Access Memory (DRAM)
        2. Static Random Access Memory (SRAM)
        3. Flash Memory
      3. Microprocessors
        1. General-Purpose Microprocessors
        2. Application-Specific Integrated Circuits (ASICs)
        3. Digital Signal Processors (DSPs)
      4. Others
    2. Semiconductor And Related Devices Market, By Type, 2021 - 2031 (USD Million)
      1. Intrinsic Semiconductors
      2. Extrinsic Semiconductors
    3. Semiconductor And Related Devices Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Information Technology
      2. Aerospace & Defense
      3. Consumer Electronics
      4. Automotive
      5. Healthcare
      6. Others
    4. Semiconductor And Related Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. TSMC (Taiwan Semiconductor Manufacturing Company)
      2. Samsung Electronics
      3. Intel Corporation
      4. NVIDIA
      5. Broadcom
      6. Qualcomm
      7. Micron Technology
      8. Texas Instruments
      9. SK Hynix
      10. AMD (Advanced Micro Devices)
      11. Analog Devices
      12. Infineon Technologies
      13. STMicroelectronics
      14. NXP Semiconductors
      15. KLA Corporation
  7. Analyst Views
  8. Future Outlook of the Market