The China Semiconductor Market size was valued at USD 179.48 Billion in 2023 and the total China Semiconductor revenue is expected to grow at a CAGR of 7.36% from 2024 to 2030, reaching nearly USD 295.06 Billion by 2030.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 2021, China exported $49.2B in Semiconductor Devices, making it the 1st largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 6th most exported product in China. The main destination of Semiconductor Devices exports from China are: Hong Kong ($10.2B), Netherlands ($4.98B), India ($4.25B), Brazil ($3.03B), and Germany ($2.64B). The fastest growing export markets for Semiconductor Devices of China between 2020 and 2021 were India ($2.61B), Netherlands ($2.52B), and Hong Kong ($1.86B).To know about the Research Methodology :- Request Free Sample Report China is the world’s largest manufacturing centre, which is producing 36% of the world’s electronics, such as smartphones, computers, cloud servers, and telecom infrastructure. With one-fifth of the world’s population, which is more than 1.4 billion, China is the second-largest final consumption for electronic devices embedded with semiconductors market after the U.S. The Chinese government is continuously taking serious initiatives to increase the production of semiconductors by investing US$ 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 Initiatives 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, the largest semiconductor market globally, commands nearly one-third of global sales, exerting significant influence in the country's technology sector, contributing to almost 30% of its GDP. The Chinese semiconductor industry encompasses a diverse range of entities, including integrated device manufacturers (IDMs), pure-play foundries, fabless semiconductor firms, and outsourced semiconductor assembly and test (OSAT) companies. Within China's semiconductor landscape, a spectrum of companies operates, ranging from Fabless semiconductor entities such as ZhaoXin, UNISOC, and HiSilocon, to IDMs like Yangtze Memory Technology Corp and ChangXin Memory Technologies. As China aspires to become a global leader in artificial intelligence (AI) and quantum computing, a steady supply of semiconductors is imperative to realize this ambition. However, the country faces substantial challenges due to U.S. sanctions on semiconductor exports to China. The U.S. has heightened restrictions on semiconductor exports to China, aiming to impede its progress in AI and chip manufacturing. These restrictions, which prevent U.S. companies and some allies like the Netherlands and Japan from providing essential resources and technical expertise to Chinese companies, have created significant pressure on China's semiconductor industry. The global repercussions of these sanctions and added restrictions are evident in the industry's performance, marked by a gradual decline in revenue in the second half of 2022 despite an overall increase in total sales. In the fourth quarter of 2022, semiconductor sales amounted to $130.2 billion, reflecting a 14.7% decrease compared to the same period in 2021 and a 7.7% decline from the third quarter of 2022. Furthermore, global sales in December 2022 totaled $43.4 billion, indicating a 4.4% decrease compared to November 2022. The challenges imposed by sanctions have thus made a tangible impact on the semiconductor industry's revenue trends, signaling a complex landscape influenced by geopolitical factors and restrictions on global trade. As reported by the South China Morning Post, China demonstrated robust growth in its semiconductor production, reaching 203.6 billion chips by July 2021. This marked a significant year-over-year increase of 47.3% compared to the corresponding period in 2020, with Chinese semiconductor companies contributing 31.6 billion units in July alone. Key players in China's semiconductor industry primarily engage in importing semiconductors, subsequently incorporating them into new technological products or distributing them within the regional market for end-user consumption. Notably, in 2020, China imported semiconductors amounting to US$ 378 billion. The country played a pivotal role in assembling 35% of the world's electronic devices, representing 30% to 70% of global exports in televisions, computers, and smartphones, which collectively constituted 25% of all semiconductor-enabled electronics. A comprehensive analysis reveals that Chinese semiconductors find extensive usage in consumer products, accounting for more than 20% of applications, and contribute significantly to medical or industrial sectors, representing 16% of applications. These insights underscore the growing significance of China's semiconductor industry on both a regional and global scale, highlighting its pivotal role in the production and consumption of semiconductor-enabled electronic devices across diverse sectors.
Semiconductor Sales By Geographic Area 2021 (%) Sr No By Headquarters of Electronic Device Maker By Location of Electronic Device Assembled By Location of Electronic Device End User U.S 33% 19% 25% China 26% 35% 24% Taiwan 09% 15% 01% Korea 11% 12% 02% Japan 10% 09% 06% Europe 10% 10% 20% Other 01% 01% 22% 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.China Semiconductor Market Scope: Inquire before buying
China Semiconductor Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 179.48 Bn. Forecast Period 2024 to 2030 CAGR: 7.36% Market Size in 2030: US $ 295.06 Bn. Segments Covered: By Type Intrinsic Semiconductor Extrinsic Semiconductor By Application Networking & Communication Energy Automotive Consumer Electronics Sports & Fitness China Semiconductor Market Key Players:
1. Semiconductor Manufacturing International Corporation 2. Fujian Jinhua Integrated Circuit 3. NXP Semiconductors (Guangdong) Co., Ltd 4. HiSilicon Technologies CO., Ltd 5. Infineon Technologies (China) Co., Ltd 6. ON Semiconductor Corporation (China) 7. Jiangsu Changjing Electronics Technology 8. Will Semiconductor Co 9. Hejian Technology Corporation 10. Brite Semiconductor 11. China Electronics Corporation 12. Suzhou Oriental Semiconductor 13. Allwinner Technology 14. ChangXin Memory Technologies 15. Yangtze Memory TechnologiesFAQs:
1. What is the market size of the China Semiconductor Market by 2027? Ans. The market size of the China Semiconductor Market by 2030 is US $ 295.06 Bn. 2. What is the growth rate of China Semiconductor Market? Ans: The China Semiconductor Market is growing at a CAGR of 7.36% during forecasting period 2024-2030. 3. What segments are covered in China Semiconductor market? Ans: China Semiconductor Market is segmented into Type, Application. 4. Who are the key players in China Semiconductor market? Ans: The important key players in the China Semiconductor Market are 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 and Others. 5. What is the study period of this market? Ans: The China Semiconductor Market is studied from 2023 to 2030.
1. China Semiconductor Market: Research Methodology 2. China Semiconductor Market Introduction 2.1. Study Assumption and Market Definition 2.2. Scope of the Study 2.3. Executive Summary 3. China Semiconductor Market: Dynamics 3.1. China Semiconductor Market Trends 3.2. China Semiconductor Market Dynamics 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Application Roadmap 3.6. Regulatory Landscape 3.7. Key Opinion Leader Analysis For China Semiconductor Market 3.8. Analysis of Government Schemes and Initiatives For China Semiconductor Market 3.9. The Pandemic Impact on China Semiconductor Market 4. China Semiconductor Market: China Market Size and Forecast by Segmentation (by Value in USD Billion) (2023-2030) 4.1. China Semiconductor Market Size and Forecast, by Type (2023-2030) 4.1.1. Intrinsic Semiconductor 4.1.2. Extrinsic Semiconductor 4.2. China Semiconductor Market Size and Forecast, by Application (2023-2030) 4.2.1. Networking & Communication 4.2.2. Energy 4.2.3. Automotive 4.2.4. Consumer Electronics 4.2.5. Sports & Fitness 5. China Semiconductor Market: Competitive Landscape 5.1. MMR Competition Matrix 5.2. Competitive Landscape 5.3. Key Players Benchmarking 5.3.1. Company Name 5.3.2. End-user Segment 5.3.3. Revenue (2022) 5.3.4. Company Locations 5.4. Leading China Semiconductor Market Companies, by Market Capitalization 5.5. Market Structure 5.5.1. Market Leaders 5.5.2. Market Followers 5.5.3. Emerging Players 5.6. Mergers and Acquisitions Details 6. Company Profile: Key Players 6.1. Semiconductor Manufacturing International Corporation. 6.1.1. Company Overview 6.1.2. Business Portfolio 6.1.3. Financial Overview 6.1.4. SWOT Analysis 6.1.5. Strategic Analysis 6.1.6. Scale of Operation (Small, Medium, and Large) 6.1.7. Details on Partnership 6.1.8. Regulatory Accreditations and Certifications Received by Them 6.1.9. Awards Received by the Firm 6.1.10. Recent Developments 6.2. Fujian Jinhua Integrated Circuit 6.3. NXP Semiconductors (Guangdong) Co., Ltd 6.4. HiSilicon Technologies CO., Ltd 6.5. Infineon Technologies (China) Co., Ltd 6.6. ON Semiconductor Corporation (China) 6.7. Jiangsu Changjing Electronics Technology 6.8. Will Semiconductor Co 6.9. Hejian Technology Corporation 6.10. Brite Semiconductor 6.11. China Electronics Corporation 6.12. Suzhou Oriental Semiconductor 6.13. Allwinner Technology 6.14. ChangXin Memory Technologies 6.15. Yangtze Memory Technologies 7. Key Findings 8. Industry Recommendations