$1.3tr
$XXX.Xbn
3m
27,901
$XXX.Xbn
In the Global Semiconductor and Electronic Parts Manufacturing industry, demand for downstream consumer electronics, automobiles, computers and industrial machinery has climbed as global per capita income and internet connectivity expanded over the past decade. Fluctuating product and input prices have led to volatility, particularly as memory prices plummeted before the pandemic. Even so, the industry swelled during the pandemic because of favorable pricing as shortages alongside rising demand for certain electronic goods, like laptops and tablets. Overall, revenue will shrink at an expected CAGR of 1.2% to $1.3 trillion through the current period, including a 12.4% drop in 2022, followed by an expected 3.4% rebound in 2023. Profit will total 20.9% of revenue in 2023 after leading manufacturers, like Intel, Samsung and Micron, struggle.
Industry revenue has declined at a CAGR of 1.2 % over the past five years, to reach an estimated $1.3tr in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
Samsung Electronics Co. Ltd. | 83,522.3 | 42,846.8 | 51.3 | |
Taiwan Semiconductor Manufacturing Company Limited | 76,777.3 | 36,074.0 | 47.0 | |
Intel Corporation | 66,308.0 | 10,504.0 | 15.8 |
To view the market share and analysis for all 8 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Logic semiconductors, Memory semiconductors and Analog semiconductors. Logic semiconductors is the largest segment of the Global Semiconductor & Electronic Parts Manufacturing.
Rapid innovation spurs the logic semiconductors segment
This industry manufactures electronic components, which are typically packaged in a discrete form with two or more connecting leads or metallic pads. Connecting these parts by soldering them to a printed circuit board creates an electronic circuit. A semiconductor device is an electronic component made with semiconductor material, such as silicon.
Purchase this report to view all 8 major companies in this industry.
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Companies must navigate an increasingly complex regulatory environment. As the China-US trade war heats up, companies may flee Chinese markets, fearing backlash.
Learn about an industry's products and services, markets and trends in international trade.
Desktop, laptops and phones drive semiconductor sales, but industrial, government and commercial buyers are starting to order more chips yearly. These electronics find uses i...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Most manufacturers have moved production plants to Asia. Many Asian countries, like Malaysia, China and Singapore, have fewer regulations, enabling companies to cut back on w...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Price is essential for widely available general-purpose chips. Manufacturers primarily compete on product quality, reliability, selling price, customer service, product range...
Learn about the performance of the top companies in the industry.
The industry’s highly fragmented nature prevents one company from gaining significant market share. Even so, companies like Intel or Samsung often dominate specific verticals...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Manufacturers face heavy global regulations. Trade tensions between China and the United States have influenced the industry, causing significant upheaval.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Companies are constantly innovating. Manufacturers must allocate significant budgets toward skilled labor and R&D.
Including values and annual change:
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources globally include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Unlock comprehensive answers and precise data upon purchase. View purchase options.
The market size of the Global Semiconductor & Electronic Parts Manufacturing industry in Global is $1.3tr in 2024.
There are 27,901 businesses in the Global Semiconductor & Electronic Parts Manufacturing industry in Global, which has declined at a CAGR of 1.8 % between 2018 and 2023.
The market size of the Global Semiconductor & Electronic Parts Manufacturing industry in Global has been declining at a CAGR of 1.2 % between 2018 and 2023.
Over the next five years, the Global Semiconductor & Electronic Parts Manufacturing industry in Global is expected to grow.
The biggest companies operating in the Global Semiconductor & Electronic Parts Manufacturing market in Global are Samsung Electronics Co. Ltd., Taiwan Semiconductor Manufacturing Company Limited and Intel Corporation
Semiconductor manufacturing and Bare printed circuit board and printed circuit assembly manufacturing are part of the Global Semiconductor & Electronic Parts Manufacturing industry.
The company holding the most market share in Global is Samsung Electronics Co. Ltd..
The level of competition is very high and increasing in the Global Semiconductor & Electronic Parts Manufacturing industry in Global.