Global Market Database

Key Regional Segments within the Semiconductor Industry The US is regarded as the Global leader within the semiconductors market contributing to roughly 47% of the market revenue generated annually. On studying the economic stance of this nation, it is to be noted that the semiconductor vertical directly employs 277,000 people. As per the multiplier effect, the overall employment generated by the semiconductor industry through direct, indirect and induced employment is accounted to be roughly 1.6 Million. Semi-conductors are one of the top 4 export segments within the US after aircraft, refined oil and crude oil. One of the key reasons for the growth in the US Semiconductors market is the increased investment in R&D. Roughly 1/5 th of the earnings generated from most verticals are invested into building a strong innovation industry infrastructure to support the growth of the concerned market. An investment of roughly USD 44 Billion was made in the year 2020 by the US. The se...

  Global Chip Shortage is a pandemic induced disruption that affected the supply of chips and integrated circuits globally. It was primarily caused by the pandemic which resulted in a huge number of people transitioning to the digital economy in the workforce sector and school and college-going students transitioning to virtual classes concerning the knowledge economy. According to Market Reports from Semiconductor Industry Association, sales for semiconductors and integrated circuits for the month of May 2021, was 26% higher than what was observed for the same period in 2020. What is being done to solve the global chip shortage crisis? Analysts and market researchers have suggested that demand for semiconductors are to see an upswing in the near term. This is a direct result of more industries undergoing digital transformation. Manufacturers and governments are actively pursuing to add more capacity to their manufacturing facilities and supply chains. Other miscellaneo...