The semiconductor foundry market is garnering substantial traction across the globe. Semiconductor foundries play a causal role in the global economy. Rapid industrialization and economic growth worldwide are major driving forces. Besides, enormous advances in semiconductor production technologies push the market's growth. Information and communication industries worldwide are creating significant market demand.
Moreover, growing application areas of semiconductors accelerate the market demand. In its recent analysis, Market Research Future (MRFR) asserts that the global semiconductor foundry market value is poised to escalate from USD 56.28 BN in 2022 to USD 91.56 BN by 2030, growing approximately at a 7.20% CAGR during the assessment period (2022-2030). The penetration of additive manufacturing (AM) and computer-controlled processes boosts the market size.
On the other hand, market demand continues to outstrip supply, which hampers the production of cars, consumer appliances, computers, and smartphones. This presages that the semiconductor industry would require significant investments to keep up with demand. Industry players are striving to manage the supply-demand imbalance that could continue to improve over the next couple of years.
Conversely, the high investment required to set up a semiconductor foundry is a significant factor that impedes market growth. Nevertheless, the growing application areas of semiconductors in contactless payments, battery power management systems, and touch display drivers would support the market growth throughout the forecast period.
Major Players
Leading semiconductor foundry market are include
· Global Foundries (US)
· Taiwan Semiconductor Manufacturing Company (TSMC) Limited (Taiwan)
· United Microelectronics Corporation (UMC-Taiwan)
· Samsung Group (South Korea)
· Semiconductor Manufacturing International Corporation (SMIC-China)
· Fujitsu Semiconductor Limited (Japan)
· STMicroelectronics NV (Switzerland)
· TowerJazz (Tower Semiconductor Limited-Israel)
· X-FAB Silicon Foundries (Germany)
· Vanguard International Semiconductor Corporation (Taiwan)
· Magnachip (South Korea)
· Powerchip Semiconductor Manufacturing Corp.(Taiwan)
· United Microelectronics Corporation (Taiwan), among others.
Semiconductor Foundry Market – Segments
The report is segmented into foundry types, technologies, industries, and regions. The type segment is bifurcated into pure-play foundry and IDMs. The technology segment is bifurcated into 10/7/5 nm, 16/14 nm, 45/40 nm, 20 nm, 65 nm, and 130 nm.
The industry segment is bifurcated into communication, consumer electronics, automotive, healthcare, and aerospace. Further, by region, the semiconductor foundry market is segmented into the Americas, Asia-Pacific, Middle East & Africa (MEA), Europe, and the rest of the world.
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Semiconductor Foundry Market – Geographical Analysis
APAC dominates the global semiconductor foundry market due to the availability of cutting-edge innovative technologies. Besides, the presence of notable industry players and technological advances required in the semiconductor industry boosts the market size. The region homes large semiconductor foundries, which, alongside government support and increasing research and development activities, substantiate the market size.
Semiconductor Foundry Market - Competitive Landscape
Highly competitive, the global semiconductor foundry market appears fragmented. Players incorporate strategic approaches such as mergers & acquisitions, expansion, collaboration, and product/ technology launches to gain a larger competitive advantage. These players invest substantially to transform the consumer and business landscape.
Industry/ Innovation/Related News
Sep. 05, 2023 -- Intel Foundry Services (IFS) announced an agreement with Tower Semiconductor (TSEM), a leading foundry for analog semiconductor solutions, to provide a new capacity corridor, helping fuel future growth. Intel will provide foundry services and an advanced 300mm manufacturing facility in New Mexico to help TSEM serve its customers globally. Under the agreement, Tower will also invest up to US$300 MN to acquire and own equipment and other fixed assets installed in Intel's advanced manufacturing facility in New Mexico, providing a new capacity corridor of over 600,000 photo layers per month.
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