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Report Overview
The semiconductor market size reached a value of approximately USD 673.18 Billion in 2025. The market is projected to grow at a CAGR of 7.70% between 2026 and 2035, reaching a value of around USD 1413.48 Billion by 2035. The long-term outlook highlights the critical role of advanced chips in data centers, cloud computing, smartphones, renewable energy systems, and intelligent infrastructure. As industries continue to prioritize performance, efficiency, and reliability, semiconductor manufacturers are expected to expand capacity and capabilities to meet rising global demand.
Market Size & Forecast
- Market Size in 2025: USD 673.18 Billion
- Projected Market Size in 2035: USD 1413.48 Billion
- CAGR from 2026 to 2035: 7.70%
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
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The 2022 U.S. Semiconductor Industry Association report states that U.S. semiconductor exports reached $62 billion in 2021.
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The Indian semiconductor market is projected to grow to about $110 billion by 2030, according to the International Trade Administration.
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In 2020 China imported $378 billion worth of semiconductors and assembled 35% of global electronic devices, per the Semiconductor Industry Association.
Leading Manufacturers in the Semiconductors Market
In the competitive landscape, these companies are key players in semiconductor manufacturing focused on designing and manufacturing semiconductors and associated products. Their product range spans various applications including automotive, industrial, consumer electronics, and communication infrastructure, offering diverse semiconductor solutions tailored to these sectors.
Intel Corporation (NASDAQ: INTC), founded in 1968 and headquartered in California, is an esteemed American semiconductor and technology company renowned for its production of semiconductor chips and microprocessors that are widely utilized in personal computers globally.
Samsung Electronics Co., Ltd. (KRX: 005930), established in 1969 and situated in Suwon-si, South Korea, is a prominent South Korean electronics conglomerate engaged in the manufacturing of various products, including consumer electronics, home appliances, semiconductors, and medical equipment.
Texas Instruments, established in 1930 and based in the United States, specializes in the design, manufacturing, testing, and sale of analogue and embedded semiconductors crucial for the development of electronic systems.
Nvidia Corporation, founded in 1993 and headquartered in California, is a pioneer in GPU-accelerated computing, with a focus on creating products and platforms for emerging markets such as gaming, professional visualization, data centres, and the automotive industry.
Other semiconductor market key players are Micron Technology, Inc. (NASDAQ: MU), Qualcomm Technologies, Inc. (NASDAQ: QCOM), SK Hynix Inc. (KRX: 000660), Taiwan Semiconductor Manufacturing Company Limited, Broadcom Inc., MediaTek Inc., and NXP Semiconductors N.V. among others.
Semiconductor Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market was valued at USD 673.18 Billion in 2025.
The market is projected to grow at a CAGR of 7.70% between 2026 and 2035.
The revenue generated from the semiconductor market is expected to reach USD 1413.48 Billion in 2035.
Technological advancements, growing consumer electronics demand, environmental concerns and defence and aerospace are the major trends impacting the semiconductor market trends.
The semiconductor market is categorised according to the components, which include memory devices, logic devices, analogue IC, OSD and microcomponents.
The key players are Intel Corporation (NASDAQ: INTC), Samsung Electronics Co., Ltd., Texas Instruments, Nvidia Corporation, Micron Technology, Inc. (NASDAQ: MU), Qualcomm Technologies, Inc. (NASDAQ: QCOM), SK Hynix Inc. (KRX: 000660), Taiwan Semiconductor Manufacturing Company Limited, Broadcom Inc., MediaTek Inc., and NXP Semiconductors N.V. among others.
Based on the application, the market is divided into automotive, industrial, data centre, telecommunication, consumer electronics, aerospace and defence, healthcare, and others.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The Asia-Pacific region is the fastest-growing region in the global semiconductor market, driven by technological advancements, and the surging demand for consumer electronics.
The top five companies in the semiconductor market are Intel Corporation (NASDAQ: INTC), Samsung Electronics Co., Ltd., Texas Instruments, Nvidia Corporation, and Micron Technology, Inc. (NASDAQ: MU).
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