Report Highlights
- The global market for thermal interface materials (TIMs) was valued at $3.9 billion in 2023, and it is expected to reach $6.8 billion by 2028, at a compound annual growth rate (CAGR) of 11.5% from 2023 through 2028.
- The global market for microelectromechanical systems (MEMS) was valued at $28.5 billion in 2023, and it is expected to reach $41.5 billion by 2028, at a CAGR of 7.8% from 2023 through 2028.
- The global market for 5G chipsets was valued at $30.1 billion in 2023, and it is expected to reach $72.0 billion by 2028, at a CAGR of 19.1% from 2023 through 2028.
Research Review Scope
The semiconductor industry is the foundation of modern-day electronics, powering everything from basic smartphones to advanced electric vehicles and industrial applications worldwide. The evolution of the semiconductor industry pertains to device miniaturization, the capability to operate under harsh and high-temperature environments, and rising emerging technologies such as 5G, artificial intelligence (AI), and the Internet of Things (IoT). Further, increasing demand for thermal management, micro-electromechanical systems (MEMS), and advanced semiconductor materials such as gallium nitride and silicon carbide are propelling the market growth as devices become more complicated and power dense.
The demand for semiconductors is accelerating with the advent of electric vehicles and industrial automation applications that require semiconductor devices to work reliably at high temperatures. The performance and reliability of semiconductors will play a critical role in the future, as semiconductor devices will be more exposed to extreme temperature environments where traditional silicon-based devices do not work efficiently.
Research Reviews from BCC Research provide market professionals with concise market coverage within a specific research category. This 2023 Research Review of the Semiconductor Manufacturing provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions. This Research Review includes highlights and excerpts from the following reports published by BCC Research in 2023:
- SMC120B Global Memory Chip Market.
- SMC043F Electronic Chemicals and Materials: The Global Market.
- SMC117B Global 5G Chipset Market.
- SMC071D Thermal Interface Materials: Technologies, Applications and Global Markets.
- SMC051E Microelectromechanical Systems (MEMS) Technology: Current and Future Markets.
- SMC024N The Market for Thermal Management Technologies.
After you survey the excerpts in this Research Review, we encourage you to follow up on these topics by checking out the full market research reports associated with each topic. BCC Research looks forward to serving your market intelligence needs in the future.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence, providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
- The global thermal management technologies market should reach $16.3 billion by 2023 from $12.4 billion in 2018 at a compound annual growth rate (CAGR) of 5.6% for the forecast period 2018 to 2023.
- The global roll-to-roll (R2R) flexible devices manufactured market should reach $41.3 billion by 2023 from $21.2 billion in 2018 at a compound annual growth rate (CAGR) of 14.3% for the forecast period 2018 to 2023.
- The global 5G chipset market should reach $10.9 billion by 2024 from $870 million in 2019 at a compound annual growth rate (CAGR) of 65.7% for the forecast period 2019 to 2024.
Report Highlights
- The global market for sputtered films and sputtering targets should reach over $3.2 billion by 2021 from nearly $2.9 billion in 2016 at a compound annual growth rate (CAGR) of 2.2%, from 2016 to 2021.
- The global market for microfluidic technologies reached $6.8 billion in 2017 and should reach nearly $13.9 billion by 2022, at a compound annual growth rate (CAGR) of 15.3% for the period of 2017-2022.
- The global transparent displays market should grow from $7.1 billion in 2018 to $89.1 billion by 2023 at a compound annual growth rate (CAGR) of 65.7% for the period of 2018-2023.
Report Highlights
- The global market for thermal interface materials will grow from $763.7 million in 2015 to nearly $1.1 billion by 2020 with a compound annual growth rate (CAGR) of 7.4% for the period of 2015-2020.
- The global market for organic light emitting diodes (OLED) was $2.1 billion and $2.5 billion in 2013 and 2014, respectively. The market is expected to reach nearly $3.1 billion in 2015 and $9.6 billion in 2020, registering a compound annual growth rate (CAGR) of 25.7% for the period 2015-2020.
- The global wafer-level packaging (WLP) market was valued at $1.3 billion in 2013. This market is expected to grow from $1.6 billion in 2014 to $4.9 billion by 2019, with a compound annual growth rate (CAGR) of 24.5% from 2014 to 2019.
Report Highlights
- The market for thermal management technologies was valued at $6.7 billion in 2011 and reached $7 billion in 2012. Total market value is expected to reach $10.1 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 7.6%.
- The market for microfluidics technologies was valued at nearly $5.1 billion in 2011 and $5.6 billion in 2012. Total market value is expected to reach nearly $10.3 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 13%.
- The global market for thermal interface materials (TIMs) was worth nearly $426 million in 2011 and $458 million in 2012. The market is expected to grow to $762 million in 2017 at a compound annual growth rate (CAGR) of 10.7% between 2012 and 2017.
Report Highlights
This 2012 Semiconductor Manufacturing Review provides:
- An overview of the current market and an impartial analysis of prospects for future growth, with a focus on the raw materials used to produce thin films and nanofilms.
- Forecast of the global market for compound semiconductor–based components in value (dollar sales) and volume (shipment sales) terms.
- Focus on materials used for optical coating and opportunities for optical in the telecommunications, transportation, defense, photography, electronics and medical markets.
- Environmental and regulatory trends for thermal management.
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