Lucintel Forecasts Semiconductor Analog Market to Reach $82.6 Billion by 2028

Market-Research

According to the recent study the semiconductor analog market is projected to reach an estimated $82.6 billion by 2028 from $61.7 billion in 2023, at a CAGR of 6.0% from 2023 to 2028. Growth in this market is primarily driven by increasing investments in 5G network, growing trend of advanced technologies like IOT, and higher utilization of consumer electronics by people.

A more than 150-page report is developed to understand trends, opportunities and forecast in semiconductor analog market by type (general purpose IC and application specific), end use industry (consumer electronics, IT & telecommunication, automotive, manufacturing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link https://www.lucintel.com/semiconductor-analog-market.aspx

“General purpose IC market is expected to remain the largest segment during the forecast period.”

Based on type, the semiconductor analog market is segmented into general purpose IC and application specific. Lucintel forecasts that the general purpose IC market is expected to remain the largest segment due to growing demand for enhanced battery efficiency of smartphones and optimal power utilization in the 5G cellular networks.

“Within the semiconductor analog market, the automotive segment is expected to remain the largest end use industry”

Based on end use industry the automotive segment is expected to witness the highest growth over the forecast period due to increasing demand for electric and autonomous cars and increasing penetration for analog chips in the automotive electronics components.

“Asia pacific will dominate the semiconductor analog market in near future”

APAC is expected to witness the highest growth during the forecast period due to increasing demand for electronics goods and robust growth in the automotive industry.

Download Brochure of this report by clicking on https://www.lucintel.com/semiconductor-analog-market.aspx

Major players of semiconductor analog market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Texas Instruments, Qualcomm Technologies, STMicroelectronics, Skyworks Solutions, Infineon Technologies, NXP Semiconductors, On Semiconductor, Microchip Technology, and Intel Corporation are among the major semiconductor analog providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/semiconductor-analog-market.aspx or helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

Related reports

Semiconductor Wafer Market:

For more details click here https://www.lucintel.com/semiconductor-wafer-market.aspx

Semiconductor Discrete Market:

For more details click here https://www.lucintel.com/semiconductor-discrete-market.aspx

Fiber Optic Market:

For more details click here https://www.lucintel.com/fiber-optic-market.aspx

Supercapacitor Market:

For more details click here https://www.lucintel.com/supercapacitor-market.aspx

HVDC PP Film Capacitor Market:

For more details click here https://www.lucintel.com/hvdc-pp-film-capacitor-market.aspx

Telecom Outsourcing Market: