China Semiconductor Market reached a value of US $ 163.18 Bn. in 2020. China Semiconductor Market size is estimated to grow at a CAGR of 12.8%.
China Semiconductor Market Overview:A semiconductor is a crystalline material in electronic devices, composed of silicon, tin, selenium, germanium, gallium, and other materials. Semiconductors provide electrical conductivity between an insulator and a conductor. Semiconductors are also known as semis, or chips. It is used in a wide range of applications, such as smartphones, appliances, computers, hardware, radios, and medical equipment. These materials do not exhibit conduction and insulation at room temperature, but they conduct electricity when exposed to heat, light, and voltage. In 2019, Semiconductor devices was the 23rd most traded product across the globe, and trade in Semiconductor devices represents 0.56% of total global trade. In 2019, China exported Semiconductor devices by a value of US$ 34.8 Bn., while imported semiconductor devices by a value of US$ 10.8 Bn. To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.
China Semiconductor Market Dynamics:China is the world’s largest manufacturing centre, which is producing 36% of the world’s electronics, such as smartphones, computers, cloud servers, and telecom infrastructure. With one-fifth of the world’s population, which is more than 1.4 billion, China is the second-largest final consumption for electronic devices embedded with semiconductors market after the U.S. The Chinese government is continuously taking serious initiatives to increase the production of semiconductors by investing US$ 150 billion from 2014 through 2030. For instance, On Oct. 16, China launched its Shenzhou-13 spacecraft using the Long March-2F rocket, carrying a three-person crew to the Tianhe core module of the Tiangong space station for a six-month mission. At the beginning of 2021, China landed a rover on Mars. According to Chinese state media, both China’s space station and the Mars rover were 100% indigenously designed-and-produced semiconductors, which indicates that China has sophisticated microchip capabilities. These factors are expected to fuel China's semiconductor market growth during the forecast period.
Adoption of Advanced Technology Drives the Semiconductor Market:The growing adoption of Electric vehicles and the introduction of 5G network technologies in China, making it leader of the world in terms of new technology adoption. As a result of the adoption of these technologies, semiconductor demand growth is expected to grow over the forecast period. China is expected to have more than 430 million 5G users by 2025. The adoption of 5G technology expected to increase use of smart home devices, smart cities, and other personal devices along with smartphones, which in turn uplift the necessity of semiconductors. The growing adoption and production of Electric Vehicle (EV) is also expected to increase the use of semiconductors for safety, electrification, communication and connectivity. China is the largest EV market across the globe with sales of 1.4 million EVs in 2020, accounting for over 40% of global sales of EVs. These factors are expected to uplift the semiconductor market during the forecast period.
Supportive Government Initaitives For Semiconductor Market:China Government’s strong support, lower costs along with supplementary supply chain efficiency advantages, and digitalization trends are fuelling the semiconductor market growth during the forecast period. The government has focused on the semiconductor industry and made it a national priority in its 14th Five Year Plan with aiming 70% import replacement by 2025 and complete import substitution by 2030. For instance, China has established a National Semiconductor Fund during 2014, and raised US$ 35 billion in 2014 and another US$21 billion in 2019. In China, Tax exemption and lower labor costs are driving semiconductor manufacturing more cost-effective as compared to the US. According to a report, the 10-year total cost of ownership of a semiconductor manufacturing is nearly 34% less in China as compared to the U.S., South Korea, and Taiwan, current world leaders in semiconductors. In 2020, more than 22,800 new semiconductor companies were established in China, which is 195% growth as compared to 2019.
China Semiconductor Market Segment Analysis:Based on the Type, the China Semiconductor Market is segmented into Intrinsic Semiconductor and Extrinsic Semiconductor. The Intrinsic Semiconductor segment held the largest market share, accounting for XX% in 2020. An intrinsic semiconductor is also known as pure semiconductor that does not have any impurities or dopants in them. The intrinsic semiconductor provides a wide range of benefits such as high electrical conductivity, temperature insulation, and cost effectiveness. Increasing the usage of intrinsic semiconductor in various end-users are driving the semiconductor market growth for this segment.
Insight of China Semiconductor Market:According to the South China Morning Post, China has produced 203.6 billion chips up to July of 2021. That's a 47.3% year-over-year boost compared to the same time in 2020. Just in July, Chinese semiconductor companies managed 31.6 billion units. The major players from China import semiconductors and then assemble them into new tech products or sell them in the regional market for final consumption. For Instance, in 2020, China imported a US$ 378 billion of semiconductors, assembled 35% of the world’s electronic devices, which accounted for 30% to 70% of the global TV, Computer, and smartphone exports that consumed 25% of all semiconductor-enabled electronics. According to a report, Chinese semiconductors are used in consumer products more than 20% and in medical or industrial applications 16% of the time. The objective of the report is to present a comprehensive analysis of the China Semiconductor Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the China Semiconductor Market dynamic, structure by analyzing the market segments and projecting the China Semiconductor Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the China Semiconductor Market make the report investor’s guide.
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China Semiconductor Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: US $ 163.18 Bn. Forecast Period 2021 to 2027 CAGR: 12.8% Market Size in 2027: US $ 379.17 Bn. Segments Covered: by Type • Intrinsic Semiconductor • Extrinsic Semiconductor by Application • Networking & Communication • Energy • Automotive • Consumer Electronics • Sports & Fitness
China Semiconductor Market, by Region• Guangdong • Shandong • Henan • Sichuan • Jiangsu • Others
China Semiconductor Market Key Players• Semiconductor Manufacturing International Corporation • Fujian Jinhua Integrated Circuit • NXP Semiconductors (Guangdong) Co., Ltd • HiSilicon Technologies CO., Ltd • Infineon Technologies (China) Co., Ltd • ON Semiconductor Corporation (China) • Jiangsu Changjing Electronics Technology • Will Semiconductor Co • Hejian Technology Corporation • Brite Semiconductor • China Electronics Corporation • Suzhou Oriental Semiconductor • Allwinner Technology • ChangXin Memory Technologies • Yangtze Memory Technologies
Frequently Asked Questions:1] What segments are covered in the China Semiconductor Market report? Ans. The segments covered in the China Semiconductor Market report are based on Type and Application. 2] Which key players hold the highest share in the China Semiconductor Market? Ans. The Samsung Electronics China Semiconductor Co., Ltd., Semiconductor Manufacturing International Corporation, Intel Corporation, NXP Semiconductors (Guangdong) Co., Ltd, and Infineon Technologies (China) Co., Ltd hold the highest share in the China Semiconductor Market. 3] What is the market size of the China Semiconductor Market by 2027? Ans. The market size of the China Semiconductor Market by 2027 is US $ 379.17 Bn. 4] What is the forecast period for the China Semiconductor Market? Ans. The Forecast period for the China Semiconductor Market is 2020-2027. 5] What was the market size of the China Semiconductor Market in 2020? Ans. The market size of the China Semiconductor Market in 2020 was US $ 163.18 Bn.
1. China Semiconductor Market Size: Research Methodology 2. China Semiconductor Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global China Semiconductor Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. China Semiconductor Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North India • South India • East India • West India 3.12. COVID-19 Impact 4. China Semiconductor Market Size Segmentation 4.1. China Semiconductor Market Size, by Type (2020-2027) • Intrinsic Semiconductor • Extrinsic Semiconductor 4.2. China Semiconductor Market Size, by Technology (2020-2027) • Networking & Communication • Energy • Automotive • Consumer Electronics • Sports & Fitness 4.3. China Semiconductor Market Size, by Application (2020-2027) • Petroleum and Refinery • Ammonia and Methanol Production • Transportation • Power Generation • Others 5. Company Profile: Key players 5.1. Samsung Electronics China Semiconductor Co., Ltd. 5.1.1. Company Overview 5.1.2. Financial Overview 5.1.3. Global Presence 5.1.4. Capacity Portfolio 5.1.5. Business Strategy 5.1.6. Recent Developments 5.2. Semiconductor Manufacturing International Corporation 5.3. Intel Corporation 5.4. NXP Semiconductors (Guangdong) Co., Ltd 5.5. HiSilicon Technologies CO., Ltd 5.6. Infineon Technologies (China) Co., Ltd 5.7. ON Semiconductor Corporation (China) 5.8. NVIDIA Corporation 5.9. SK Hynix Semiconductor 5.10. Texas Instruments Incorporated 5.11. Micron Technology, Inc. 5.12. Analog Devices, Inc. 5.13. Microchip Technology Incorporated 5.14. Skyworks Solutions, Inc. 5.15. Maxim Integrated Products, Inc. 5.16. Xilinx, Inc. 5.17. Advanced Micro Devices, Inc.