Lucintel Forecasts Semiconductor Logic Market to Reach $185.8 Billion by 2028

Market-Research

According to the recent study the semiconductor logic market is projected to reach an estimated $185.8 billion by 2028 from $126.4 billion in 2023, at a CAGR of 8% from 2023 to 2028. Growth in this market is primarily driven by increase in demand for consumer electronics and automobiles along with rise in demand to reduce power consumption of electronic devices and modernization of telecommunication infrastructure.

A more than 150 – page report is developed to understand trends, opportunities and forecast in semiconductor logic market by product (high end programmable logic ICs, ultra-low power programmable logic ICs, mixed signal programmable logic ICs, programmable logic device, programmable logic ICs, and others), type (special purpose logic and display drivers), end use industry (consumer electronics, aerospace and defense, automotive, industrial, healthcare, telecommunication and networking, communication, 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-logic-market.aspx

“Programmable logic devices market is expected to remain the largest segment during the forecast period.”

Based on product, the semiconductor logic market is segmented into high end programmable logic ICs, ultra-low power programmable logic ICs, mixed signal programmable logic ICs, programmable logic device, programmable logic ICs, and others. Lucintel forecasts that the programmable logic devices market is expected to remain the largest segment due to increasing demand from various industries, such as consumer electronics, computer industrial control systems, and telecommunications.

“Within the semiconductor logic market, the consumer electronics segment is expected to remain the largest end use industry”

Based on end use industry the consumer electronics segment is expected to witness the highest growth over the forecast period due to increasing disposable income, which has driven the demand for consumer electronic devices, such as smartphones, laptops, and tablets.

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

Asia Pacific is expected to witness the highest growth during the forecast period due to an increase in demand for consumer electronics and automotive in emerging countries, such as China and India.

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

Major players of semiconductor logic 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. Intel Corporation, Infineon Technologies, Renesas Electronics, NXP Semiconductors, STMicroelectronics, Broadcom Inc., Samsung Electronics Co., and Texas Instruments are among the major semiconductor logic 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-logic-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
 

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