Global Electronic Components Market Report 2022

Global semiconductor and other electronic components market

New York, March 25, 2022 (GLOBE NEWSWIRE) – announces the publication of the “Semiconductor And Other Electronic Component Global Market Report 2022” –

The global semiconductor and other electronic components market is projected to grow from $ 959.88 billion in 2021 to $ 1,039.71 billion in 2022 with a compound annual growth rate (CAGR) of 8.3 percent. The growth is mainly due to companies that have reorganized their operations and are recovering from the impact of COVID-19, which previously led to restrictive containment measures regarding social distancing, remote working and the closure of businesses. commercial activities that have resulted in operational challenges. The market is expected to reach $ 1,378.33 billion in 2026 with a CAGR of 7.3%.

The semiconductor and other electronic components market consists of the sales of semiconductors and other electronic components by entities (organizations, sole proprietors, and partnerships) that manufacture semiconductors and other components for electronic applications. Examples of products made by these factories are capacitors, resistors, microprocessors, bare and charged printed circuits, electron tubes, electronic connectors and computer modems.

The main types of semiconductors and other electronic components are semiconductors and related general electronic devices and components. A semiconductor is a material product consisting primarily of silicon that conducts electricity more than an insulator such as glass but less than a pure conductor such as copper or aluminum.

Their conductivity and other properties can be changed by introducing impurities, a process known as doping, to meet the specific needs of the electronic component in which they reside. The equipment works in online and offline mode.

Various sales channels include OEM and aftermarket used for automotive, manufacturing and other applications.

Asia Pacific was the largest region in the semiconductor and other electronic components market in 2021. North America was the second largest region in the semiconductor and other electronic components market.

The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Semiconductor companies around the world are looking to improve their competitiveness by increasing investments in green semiconductors. The trend is mainly aimed at reducing energy consumption and limiting data usage.

For example, Samsung’s green DRAM is DDR4, which has reduced operating voltage and doubled bandwidth compared to DDR3. Samsung’s DDR4 offers 40% higher performance and up to 15% lower power consumption than DDR3.

The Korean tech giant also plans to develop magnetoresistive random access memory (MRAM) and phase-change memory (PRAM) as next-generation green memory solutions. For example, some of the major green semiconductor companies include Samsung Electronics Co.

Ltd, Intel Corporation and QUALCOMM Inc.

Countries covered in the Semiconductor and Other Electronic Components Market Report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India , Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain , Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, USA, Venezuela and Vietnam.

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