Lucintel Forecasts Semiconductor Foundry Market To Grow At A Cagr Of 6%-8%

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According to the recent study the semiconductor foundry market is projected to grow at a CAGR of 6%-8% from 2020 to 2025. Growth in this market is primarily driven by the increasing demand for lower-end smartphones and increasing demand for Internet of Things (IoT).
Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in semiconductor foundry market by product type (pure-play foundries and IDMs), end use industry (communications, consumer electronics, automotive, and others), and region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/semiconductor-foundry-market.aspx
“Automotive market is expected to remain the largest segment during the forecast period.”
Based on end use industry, the semiconductor foundry market is segmented into communications, consumer electronics, automotive, and others. Lucintel forecasts that the automotive market is expected to remain the largest segment during the forecast period due ...
... to electrification and automation of automobiles that have led to increased demand for semiconductor wafers.
“Asia Pacific will dominate the semiconductor foundry market in near future.”
Asia Pacific is expected to be the largest region over the forecast period and it is also expected to witness the highest growth over the forecast period due to the presence of the world's most crucial semiconductor foundries in this region.
Download Brochure of this report by clicking on https://www.lucintel.com/semiconductor-foundry-market.aspx
Major players of semiconductor foundry market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Fujitsu Ltd., GLOBALFOUNDRIES, NXP Semiconductors NV, ON Semiconductor Corp is among the major semiconductor foundry providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/semiconductor-foundry-market.aspx or helpdesk@lucintel.com
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Lucintel
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