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United States Semiconductor Market Share, Size, Trends, Growth, Analysis, Forecast: By Products: Sensors/MEMS, Microprocessors, Optoelectronics, Memory, Analog/RF/Mixed signal, Discrete, Others; By Application: Automotive, Telecommunication, Consumer Electronics, Semiconductor and Defence, Others; Competitive Landscape; 2023-2028
United States Semiconductor Market Outlook
The market size for semiconductors in the United States reached a value of more than USD 67.66 billion in 2021. The United States semiconductor market is expected to grow at a CAGR of 8.40% between 2023 and 2028, reaching a value of USD 112.19 billion by 2027.
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Key Trends in the Market
Semiconductors are pure elements which offer conductivity between insulators and conductors. It finds applications in electronic devices in various industries such as computing, telecommunication, healthcare, and consumer electronics. Some of the common semiconductors used are made of boron, antimony, silicon, arsenic, selenium, carbon, tellurium, germanium, and sulphur.
- Research and developments in the United States semiconductor market are contributing substantially to market growth. Chip designing, electronic design automation, advanced manufacturing of equipment, and core intellectual property are all key R&D activities helping bolster the market.
- Increase in consumption of consumer electronic devices such as smartphones/mobiles, washing machines, LED bulbs, digital cameras, and refrigerators are helping catalyse the market for semiconductors in the United States.
- Development of memory chips containing semiconductors that are able to process and store large amount of data without taking much time has increased its demand among users, propelling the growth of the market.
Market Analysis
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Based on product, the market can be divided into sensors/MEMS, microprocessors, optoelectronics, memory, analogue/RF/mixed signal, and discrete, among others. On the basis of application, the market is segmented into automotive, telecommunication, consumer electronics, semiconductor and defence, industrial, cloud computing/data centre, and healthcare, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States semiconductor market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Intel Corporation
- Samsung Corporation
- NVIDIA Corporation
- Texas Instruments Incorporated
- Broadcom Inc.
- Micron Technology, Inc.
- Yaskawa America, Inc.
- Others
Market Share by Product
Memory segment of the semiconductor market in the United States by product is expected to have the largest market share. This is because of the advancements carried out in the technology such as cloud computing and virtual reality which are in demand for end use devices. IoT based electronic devices are growing in popularity, thereby increasing the demand for powerful controllers and processors, leading to the overall growth of the market.
Market Share by Application
Consumer electronics is a leading segment in the United States semiconductor market because of increase in use of smart devices such as smart phones, and other devices. Usage of consumer electronics such as wearable devices are also growing rapidly contributing to the growth of the market. Advancements in the automotive sector and increasing demand for automotives is also expected to contribute to the overall growth of the market for semiconductors.
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Competitive Landscape
Intel Corporation is an American semiconductor and technology company that was established in 1968 with headquarters in California, United States. It is known for manufacturing semiconductor chips and microprocessors that find use in personal computers globally.
Samsung Corporation founded in 1969 is based out of Suwon-si in South Korea. It is a South Korean electronics company that manufactures products such as consumer electronics, home appliances, semiconductors, medical equipment, and various other products.
NVIDIA Corporation was founded in 1993 and has its headquarters in California, United States. It is an American technology company that offers accelerated computing to deal with several challenges that were difficult to solve.
Other market players include Texas Instruments Incorporated, Broadcom Inc., Micron Technology, Inc., and Yaskawa America, Inc., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Products |
|
| Breakup by Application |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 United States Semiconductor Market Analysis
8.1 Key Industry Highlights
8.2 United States Semiconductor Historical Market (2018-2022)
8.3 United States Semiconductor Market Forecast (2023-2028)
8.4 United States Semiconductor Market by Products
8.4.1 Sensors/MEMS
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Microprocessors
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Optoelectronics
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Memory
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Analog/RF/Mixed signal
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Discrete
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2022)
8.4.6.3 Forecast Trend (2023-2028)
8.4.7 Others
8.5 United States Semiconductor Market by Application
8.5.1 Automotive
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Telecommunication
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Consumer Electronics
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Semiconductor and Defence
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Industrial
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Cloud Computing/Data Centre
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.5.7 Healthcare
8.5.7.1 Market Share
8.5.7.2 Historical Trend (2018-2022)
8.5.7.3 Forecast Trend (2023-2028)
8.5.8 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
10 Competitive Landscape
10.1 Market Structure
10.2 Company Profiles
10.2.1 Intel Corporation
10.2.1.1 Company Overview
10.2.1.2 Product Portfolio
10.2.1.3 Demographic Reach and Achievements
10.2.1.4 Certifications
10.2.2 Samsung Corporation
10.2.2.1 Company Overview
10.2.2.2 Product Portfolio
10.2.2.3 Demographic Reach and Achievements
10.2.2.4 Certifications
10.2.3 NVIDIA Corporation
10.2.3.1 Company Overview
10.2.3.2 Product Portfolio
10.2.3.3 Demographic Reach and Achievements
10.2.3.4 Certifications
10.2.4 Texas Instruments Incorporated
10.2.4.1 Company Overview
10.2.4.2 Product Portfolio
10.2.4.3 Demographic Reach and Achievements
10.2.4.4 Certifications
10.2.5 Broadcom Inc.
10.2.5.1 Company Overview
10.2.5.2 Product Portfolio
10.2.5.3 Demographic Reach and Achievements
10.2.5.4 Certifications
10.2.6 Micron Technology, Inc.
10.2.6.1 Company Overview
10.2.6.2 Product Portfolio
10.2.6.3 Demographic Reach and Achievements
10.2.6.4 Certifications
10.2.7 Yaskawa America, Inc.
10.2.7.1 Company Overview
10.2.7.2 Product Portfolio
10.2.7.3 Demographic Reach and Achievements
10.2.7.4 Certifications
10.2.8 Others
11 Key Trends and Developments in the Market
List of Key Figures and Tables
1. United States Semiconductor Market: Key Industry Highlights, 2018 and 2028
2. United States Semiconductor Historical Market: Breakup by Products (USD Million), 2018-2022
3. United States Semiconductor Market Forecast: Breakup by Products (USD Million), 2023-2028
4. United States Semiconductor Historical Market: Breakup by Application (USD Million), 2018-2022
5. United States Semiconductor Market Forecast: Breakup by Application (USD Million), 2023-2028
6. United States Semiconductor Market Structure
Key Questions Answered in the Report
The market size for semiconductors in the United States reached a value of more than USD 67.66 billion in 2021.
The market is expected to grow at a CAGR of 8.40% between 2023 and 2028.
The market for semiconductors in the United States is expected to reach a value of more than USD 112.19 billion by 2027.
The major market drivers are increasing use of wireless communications, demand for integrated circuits, and increasing population and disposable incomes.
The key trends of the market are research and developments into semiconductors with advanced capabilities, increase in consumption of consumer electronics, and development of advanced memory chips with semiconductors.
Key market players include Intel Corporation, Samsung Corporation, NVIDIA Corporation, Texas Instruments Incorporated, Broadcom Inc., Micron Technology, Inc., and Yaskawa America, Inc., among others.
Semiconductors are pure elements which offer conductivity between insulators and conductors.
The United States semiconductor market is segmented based on product and application.
The primary applications of semiconductors are automotive, telecommunication, consumer electronics, semiconductors and defence, industrial, cloud computing/data centre, and healthcare, among others.
Some of the common materials used for semiconductors are boron, antimony, silicon, arsenic, selenium, carbon, tellurium, germanium, and sulphur.
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