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2023 vs 2022 - TOP 30 MEMs Manufacturers Market Size: In 2023, the MEMS market declined to $14.6 billion, a 3% year-over-year decrease. For 2024, the market is expected to grow to around $15.6-16.8 billion. Yole Group predicts a 6.8% growth in 2024 compared to 2023. Other sources estimate the CAGR for 2024-2029 to be between 7.9% and 8.43%. Unit Shipments: Shipments are expected to increase by 9% year-over-year in 2024, reaching approximately 34 billion units. Drivers of Growth: The recovery is attributed to factors such as post-COVID inflation coming under control and increasing demand in various sectors like consumer electronics, automotive, and industrial applications. Regional Performance: Asia Pacific is expected to be both the largest and fastest-growing market for MEMS in 2024. Key Players: In summary, the MEMS market is expected to rebound in 2024 after a challenging 2023, with growth projected across various metrics including revenue, unit shipments, and market expansion in key regions. #interesting #technology #semiconductors #innovation Rogério Moreira Juan Barrera Pavel Navarrete Bosch Sensortec GmbH STMicroelectronics TDK InvenSense Qorvo, Inc. Texas Instruments Murata Analog Devices NXP Semiconductors Qualcomm SiTime Sensata Technologies MELEXIS Silex Microsystems TSMC Honeywell

The global market for PVA Brush for Semiconductor was estimated to be worth US$ 46 million in 2023 and is forecast to a readjusted size of US$ 88 million by 2030 with a CAGR of 9.5% during the forecast period 20242030The global market for semiconductor was estimated at US$ 579 billion in the year 2022 is projected to US$ 790 billion by 2029 growing at a CAGR of 6% during the forecast period. The largest region Asia Pacific declined 2.0 percent. Sales in the Americas were US$142.1 billion up 17.0% yearonyear sales in Europe were US$53.8 billion up 12.6% yearonyear and sales in Japan were US$48.1 billion up 10.0% yearonyear. However sales in the largest AsiaPacific region were US$336.2 billion down 2.0% yearonyear. #PVABrush #Semiconductor #GlobalMarket #WaferCleaning #RollShape #SheetShape #300mmWafer #200mmWafer #Innovation #AsiaPacific

The global market for Semiconductor Micro Components was estimated to be worth US$ 134970 million in 2023 and is forecast to a readjusted size of US$ 183170 million by 2030 with a CAGR of 4.4% during the forecast period 20242030Following a strong growth of 26.2 percent in the year 2021 WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion up 4.4 percent. The largest region Asia Pacific declined 2.0 percent. Sales in the Americas were US$142.1 billion up 17.0% yearonyear sales in Europe were US$53.8 billion up 12.6% yearonyear and sales in Japan were US$48.1 billion up 10.0% yearonyear. However sales in the largest AsiaPacific region were US$336.2 billion down 2.0% yearonyear. #Semiconductor #MicroComponents #GlobalMarket #Microprocessors #Microcontrollers #DigitalSignalProcessing #Technology #Innovation #Electronics #MarketGrowth

Japan Semiconductor Market To Grow at a CAGR of 4.8% During 2025-2033 | IMARC Group The Japan semiconductor market size reached USD 40.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 61.6 Billion by 2033, exhibiting a growth rate (CAGR) of 4.8% during 2025-2033. Request a Sample Report: https://lnkd.in/gPqxY3vU The increasing use of semiconductors in medical equipment and devices, their growing adoption in electronic components, and their role in enhancing the efficiency and accuracy of manufacturing processes are key factors driving market growth. Read Also: https://lnkd.in/gUebnB-i #APAC #business #marketanalysis #markettrends #researchreport #marketreport #marketforecast #marketgrowth #businessinsights #industryanalysis #marketoutlook #growthprojections #marketstatistics #competitiveanalysis #trendanalysis #marketinsights #imarcgroup

The global market for 12 Inch Semiconductor Silicon Wafer was estimated to be worth US$ 3492 million in 2023 and is forecast to a readjusted size of US$ 4993.6 million by 2030 with a CAGR of 5.2% during the forecast period 20242030Following a strong growth of 26.2 percent in the year 2021 WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion up 4.4 percent. The largest region Asia Pacific declined 2.0 percent. Sales in the Americas were US$142.1 billion up 17.0% yearonyear sales in Europe were US$53.8 billion up 12.6% yearonyear and sales in Japan were US$48.1 billion up 10.0% yearonyear. However sales in the largest AsiaPacific region were US$336.2 billion down 2.89% yearonyear. #Semiconductor #SiliconWafer #GlobalMarket #MemoryChip #LogicChip #LightlyDoped #HighlyDoped #Electronics #Technology #Innovation

India’s Semiconductor Market to Reach $103 Billion by 2030: IESA 🚀🇮🇳 India’s semiconductor industry is on a rapid growth trajectory, expected to expand from $52 billion in 2024 to $103.4 billion by 2030. The India Electronics and Semiconductor Association (IESA) highlights key drivers and the need for local value addition to strengthen domestic manufacturing. Key Highlights: ✅ Market Growth: From $52B in 2024 to $103.4B by 2030, growing at a CAGR of 13%. ✅ Major Growth Drivers: Mobile handsets, IT, telecom, consumer electronics, automotive, aerospace, and defense. ✅ 70% Revenue Share: Mobile handsets, IT, and industrial applications dominate the semiconductor market. ✅ Local Value Addition: Target of 25% by 2025-26 and 40% by 2030 in electronics manufacturing. ✅ Opportunity Areas: Automotive & industrial electronics present significant value-addition potential. With government initiatives, rising demand, and local manufacturing efforts, India is poised to become a semiconductor powerhouse in the coming years! 💡🔧 #Semiconductors #MakeInIndia #ElectronicsManufacturing #TechGrowth #Innovation #DigitalIndia #Electronics #Manufacturing #IndiaGrowth

Exciting news in the Semiconductors market! Revenue is projected to reach US$607.40bn in 2024, with Integrated Circuits leading the way at a projected market volume of US$515.00bn. By 2029, a remarkable annual growth rate of 10.06% is expected, bringing the market volume to US$980.80bn. China is set to dominate, generating the most revenue at US$177.80bn in 2024. #Semiconductors #MarketTrends #GlobalRevenue

India's Semiconductor Market Set To Double To USD 103 Bn By 2030: IESA Report #SemiconductorMarket #ElectronicsIndustry #IndiaTech #TechInnovation #ManufacturingGrowth #MobileHandsets #ITSector #Telecommunications #AutomotiveElectronics #IESA https://lnkd.in/gPxZt97s

The global market for semiconductor was estimated at US$ 579 billion in the year 2022 is projected to US$ 790 billion by 2029 growing at a CAGR of 6% during the forecast period. #AirBearingSpindle #SemiconductorEquipment #GlobalMarket #AerostaticBearing #AerodynamicBearing #SemiconductorDicing #SemiconductorGrinding #SemiconductorDrilling #MarketGrowth #SemiconductorIndustry

The semiconductor industry is on a roll! The Semiconductor Industry Association (SIA) just announced that global semiconductor sales hit $49.1 billion in May 2024. That's a massive 19.3% increase compared to May 2023 and a 4.1% jump from April 2024. These numbers, compiled by the World Semiconductor Trade Statistics (WSTS) organization, reflect the industry’s ongoing strength. Year-over-Year Growth: Each month of 2024 has seen impressive growth. May marked the largest year-over-year increase since April 2022. Regional Performance: The Americas led with a staggering 43.6% increase in sales, followed by China at 24.2%, and Asia Pacific/All Other at 13.8%. Sales dipped in Japan (-5.8%) and Europe (-9.6%). Month-to-Month Growth: · Americas: Up by 6.5% · China: Up by 5.0% · Asia Pacific/All Other: Up by 3.0% · Japan: Up by 1.6% · Europe: Down by 1.0% SIA president and CEO John Neuffer said, “The global semiconductor market has grown each month of 2024, and May’s year-over-year sales increase is the largest since April 2022. The Americas market, in particular, saw a strong 43.6% increase.” What This Means: The surge in semiconductor sales highlights the rising demand for electronic components across various industries, from consumer electronics to automotive and industrial applications. Stay Ahead with Gateway America: At Gateway America, we stay ahead of industry trends. As an independent distributor of electronic components, we help you navigate market dynamics and ensure a reliable supply chain. Connect with us to learn how we can support your success in this booming market. #Semiconductors #MarketGrowth #TechIndustry #SupplyChain #Innovation #GatewayAmerica #GlobalSales #Technology #Electronics