Semiconductor Market to Reach $300 Billion by 2013
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Semiconductor Market to Reach $300 Billion by 2013

ROCKVILLE, MD -- (MARKET WIRE) -- Aug 02, 2011 -- MarketResearch.com has announced the addition of the new report "Semiconductor Industry Market Analysis & Future Trends Worldwide (2010 - 2013)," to their collection of Electronics market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6462957

Today semiconductor industry serves as driver, enabler and indicator of technological progress. The semiconductors have entirely changed the outlook of the world we live in today. The PCs we work on, the cars we drive, the phones we communicate, the electronic gadgets for watching movies, listening to music and playing video games, the planes and weapons used to transport or protect us all use semiconductor devices. In other words we can say that semiconductors are being used for entire range of industries like automotive, communications infrastructure to computer industries and many more.

Semiconductor equipment plays a vital role in the manufacturing of integrated devices (ICs). Worldwide semiconductor equipment market is expected to cross US$ 35 Billion by 2013. Wafer processing is the leading segments in the equipments markets. Its market share is steadily increasing and expected to be over 80% of the worldwide equipment market by 2013.

However, semiconductor material market has long played a supporting role in relation to semiconductor equipment but with consistent year-over-year growth before 2009 as the result of record volumes of chips produced, the materials market is set to leave the shadow of the flashy equipment market. It is expected that this market will grow on average growth rate of 7.74% for the period spanning 2010 - 2013. Japan and Taiwan were two major semiconductor material markets in the globe.

As a result, worldwide semiconductor market in 2009 was approximately US$ 200 Billion and it is expected that the worldwide semiconductor market will cross US$ 300 Billion landmark by the end of 2013. In this growth, only minor shifts in sales distribution are expected.

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6462957

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