$67.6bn
$X.Xbn
95,562
667
$XX.Xbn
The semiconductor industry is a cornerstone of the US economy, demonstrating resilience due to its intrinsic role in powering modern technology. Despite its complex nature and vast scale, the sector thrives on substantial capital investment, innovative prowess and strong international partnerships.
Industry revenue has grown at a CAGR of 1.7 % over the past five years, to reach an estimated $67.6bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Samsung Electronics Co Ltd | 34,602.9 | 8,748.7 | 25.3 | |
Texas Instruments Incorporated | 16,824.5 | 7,492.3 | 44.5 | |
Intel Corporation | 6,294.9 | 924.5 | 14.7 |
To view the market share and analysis for all 6 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Semiconductor products and parts (including microprocessors), Memory and Integrated circuits. Semiconductor products and parts (including microprocessors) is the largest segment of the Semiconductor & Circuit Manufacturing in the US.
Semiconductor devices and parts (including microprocessors) do the thinking for digital systems
The Semiconductor and Circuit Manufacturing industry includes companies that manufacture semiconductors and related devices and parts. Products in this industry include integrated circuits, memory chips, microprocessors, diodes, transistors and other electronic devices.
Purchase this report to view all 6 major companies in this industry.
NAICS 334413 - Semiconductor & Circuit Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Technological advancements in semiconductor materials and processes are driving innovations in various fields, such as AI and electric vehicles. These innovations enable high...
Learn about an industry's products and services, markets and trends in international trade.
The US government is investing heavily in domestic semiconductor manufacturing, focusing on self-sufficiency and national security. New chip factories in California and Arizo...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The West, particularly California, is a major hub for semiconductor manufacturing due to its strong tech ecosystem. Institutions like Stanford and UC Berkeley provide a stead...
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.
Entering the semiconductor industry requires overcoming substantial barriers. These barriers include hefty initial capital investments, stringent regulatory requirements and ...
Learn about the performance of the top companies in the industry.
Intel and TSMC are committing billions to build advanced US semiconductor facilities. These strategic investments aim to enhance production capabilities and secure a stronger...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Tariffs on semiconductors are set to rise, fostering domestic production by making foreign imports more expensive. Alongside this, the CHIPS and Science Act provides signific...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Wages for employees in the semiconductor industry are extremely high due to the niche technical skills required. The competition for skilled engineers drives up salaries, ref...
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 in the US 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 Semiconductor & Circuit Manufacturing in the US industry in United States is $67.6bn in 2024.
There are 667 businesses in the Semiconductor & Circuit Manufacturing in the US industry in United States, which has declined at a CAGR of 1.6 % between 2019 and 2024.
The market size of the Semiconductor & Circuit Manufacturing in the US industry in United States has been growing at a CAGR of 1.7 % between 2019 and 2024.
Over the next five years, the Semiconductor & Circuit Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Semiconductor & Circuit Manufacturing market in United States are Samsung Electronics Co Ltd, Texas Instruments Incorporated and Intel Corporation
Manufacturing diodes and Manufacturing fuel cells and solid-state devices are part of the Semiconductor & Circuit Manufacturing in the US industry.
The company holding the most market share in United States is Samsung Electronics Co Ltd.
The level of competition is moderate and steady in the Semiconductor & Circuit Manufacturing in the US industry in United States.