Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Southeast Asia semiconductor market anticipated driving due to the surge in demand for semiconductors in the automotive and consumer electronics industry
The Southeast Asia semiconductor market projected to grow with a noteworthy rate during the forecast period, 2020-2027. It is primarily attributed to the rising demand for electric and autonomous vehicles across the Southeast Asia semiconductor region. Additionally, the increasing demand for longer battery life, AI capabilities, and biometrics surge are anticipated to fuel the demand for semiconductors across Southeast Asia in the coming years. Further, the growing demand for IC-based electronic devices, such as collision warning systems, front-view camera systems, and autonomous braking systems, will spur the growth of the market. Also, the sales in the number of PC (personal computer), the smartphone, and the mobile phone have driven the growth of the global semiconductor industry in the future periods. The 5G, the Internet of Things, automotive electronics, and AI (artificial intelligence) are boosting factors for the semiconductor industry across Southeast Asia.
Moreover, the development of consumer electronics, data processing, and communication electronics is strengthening the market growth. The market for semiconductors is likely to boost by the potential uses of semiconductors in facial recognition, robotics, factory automation, autonomous driving, and surveillance during the forecast span. The booming Internet of Things and the 5G market will bring enormous demand and opportunities to the semiconductor industry. The trend of auto-driving and electrification of automobiles has promoted the obvious growth rate of ADAS (Advanced Driving Assistant System) and power systems and continue to increase the silicon content of automobiles and the value of semiconductors of bicycles.
Material Type Overview in the Southeast Asia Semiconductor Market
Based on material type, the Southeast Asia semiconductor market segregated into silicon, germanium, gallium arsenide, silicon carbide, gallium nitride, gallium phosphide, and others. The silicon occupied the largest market share in 2019. It is owing to the silicon used in the creation of chips and transistors.
Silicon carbide projected to witness substantial growth over the forecast span due to its limited thermal conductivity, low bandgap energy, and higher power loss properties; silicon carbide is used in powered electronic devices and power systems.
Components Overview in the Southeast Asia Semiconductor Market
Based on the components, the Southeast Asia Semiconductor market classified into analog IC, sensors, memory devices, lighting devices, discrete power devices, and others. The sensors segment will witness to hold the highest revenue by 2027. It is attributable to the surge in demand for the sensor in the automotive industry, consumer electronics, networking & communication, energy, computing, etc.
Process Overview in the Southeast Asia Semiconductor Market
By process, the Southeast Asia Semiconductor market segmented into water production, wafer fabrication, doping, masking, etching, and thermal oxidation. The wafer fabrication segment witnessed the highest market share in 2019. It is due to the wafer fabrication process involves a multi-step process where the electronic circuits are created on silicon wafers.
End-User Industry Overview in the Southeast Asia Semiconductor Market
Based on the end-user industry, the Southeast Asia semiconductor market categorized into networking & communication, energy, automotive, computing, consumer electronics, sports & fitness, mobile accessories, gaming, healthcare, and others. The automotive segment generated the largest revenue in 2019, on account of the rising usages of semiconductors in ADAS, Powertrain, electric vehicle, body, Instrument Cluster, and Infotainment.
Country Overview in the Southeast Asia Semiconductor Market
Based on the country, the Southeast Asia Semiconductor market segmented into Indonesia, Malaysia, Philippines, Thailand, Vietnam, Singapore, Myanmar, and the Rest of Southeast Asia. Singapore captured the highest revenue share in 2019, owing to the presence of numerous end-users in the country, and significant growth of the smartphone market in Singapore is augmenting the Semiconductor market. Additionally, the rising disposable income in this country, the availability of low-cost devices, and the vast utilization of AI and IoT solutions in various industries will foster the Singapore semiconductor market.
Southeast Asia Semiconductor Market: Competitive Landscape
Companies such as Qualcomm, Samsung Electronics, Toshiba Corporation, Micron Technology, Intel Corporation, Texas Instruments, NXP, MediaTek, Western Digital, STMicroelectronics, Infineon, Sony, Analog Devices and SK Hynix Inc. are the key players in the Southeast Asia semiconductor market.