The global semiconductor market is expected to cross $300bn mark by the end of 2013, up 50% from the $200bn mark in 2009, according to a new report from companiesandmarkets.com.
Japan was the lead contributor to the market in 2010 with a share of 16.9%, followed by North America with a market share of 16.7%.
The report, Semiconductor Industry Market Analysis & Future Trends Worldwide (2010 – 2013), said the Korean semiconductor market is expected to cross $50bn mark by 2013.
The market share of automotive and consumer electronics to the semiconductor industry are continuously increasing and expected to reach 7.9% and 21%, respectively, in 2013.
Nearly two-third of the semiconductor market is occupied by the integrated circuit sector, the report said.
The worldwide market for microprocessors and controllers is expected to grow at a CAGR of 9.58% for the period 2010-2013, while global semiconductor material market will grow on average growth rate 7.75% for the same period.
Taiwan leads the worldwide semiconductor equipment market, which is expected to cross $35bn by 2013.
Being the leading segment in the equipments market, wafer processing is steadily increasing and expected to be over 80% of the worldwide equipment market by 2013.
The report, however, said the semiconductor materials segment has long supported the semiconductor equipment market and is set to leave the shadow of the flashy equipment market due to record volumes of chips produced.
An average growth rate of 7.74% is expected for the materials market for the period spanning 2010-2013, with Japan and Taiwan are two major players in this market.
