Research and Markets has added a new report on semiconductor market titled,‘Semiconductor Industry Market Analysis & Future Trends Worldwide (2010-2013),’ to its list of offerings.
The report predicts that the global semiconductor market value would exceed $300 billion in 2013 from the 2009 value of nearly $ 200 billion, while the South Korean semiconductor market value would exceed $50 billion in 2013. The global market for semiconductor materials will expand at an average growth rate of 7.75% for the period between 2010 and 2013. The report expects mild changes in sales distribution.
Consumer electronics and automotive sectors are constantly expanding their market shares and would attain a growth of 21% and 7.9% respectively in 2013. The global microprocessors and controllers market will increase at a compound annual growth rate of 9.58% for the period from 2010 to 2013.
Semiconductors are vital components for a wide range of markets from computers, automotive, communications infrastructure to consumer electronics and more. Semiconductor devices are important in the production of integrated devices. The global market for semiconductor equipment is projected to exceed $35 billion in 2013. Wafer processing, a major segment in the device market, is continuously growing and would account for more than 80% of the global equipment market in 2013.