September 12, 2016 12:03 PM Eastern Daylight Time
This research report titled ‘Global Foundry Service Market 2016-2020’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
Burgeoning demand for wireless computing devices is one of the major drivers for the global foundry service market. The rising demand for high-performance devices with reliable and highly portable computing platforms and connectivity over wireless networks such as Wi-Fi, 3G, 4G, and Bluetooth to facilitate easy data exchange and transfer has pushed the adoption of wireless computing devices such as tablets, smartphones, wearables, and sensors. “These wireless computing devices require a high level of integration, accelerating the development of a number of new designs to support multiple applications on a single platform. This generates the need for IC chips that can house more number of transistors to support more functionalities ,” says Chetan Mohan, a lead analyst at Technavio for research on embedded systems .
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Based on end-user, the report categorizes the global foundry service market into the following segments:
- Consumer electronics
Global foundry service market by end-user 2015 (%)
The top three revenue generating end-user segments for the global foundry service market are discussed below:
Global foundry service market by communications
The segment was valued at USD 29.87 billion in 2015 and is expected to reach USD 43.62 billion by 2020, growing at a CAGR of 7.87% during the forecast period.
Technavio analysts expect the segment to maintain its dominance in the global foundry service market during the forecast period due to increased adoption of communication devices such as smartphones and tablets. The launch of innovative, strategically priced products by vendors such as Samsung Electronics and Apple has made communications the major contributing segment in the market. After 2017, the segment is likely to witness fluctuation and subsequent fall in the growth rate due to the cyclical nature of the global semiconductor industry.
Global foundry service market by consumer electronics
The segment was valued at USD 8.1 billion in 2015 and is expected to reach USD 13.12 billion by 2020, growing at a CAGR of 10.13% during the forecast period.
The consumer electronics segment includes essential home devices like refrigerators, ACs, TVs, home theaters, and washing machines, as well as wearable devices such as smartwatches and fitness gadgets. The segment, which accounted for a revenue share of 15.43% in 2015, is likely to maintain position in the global foundry market during the forecast period. “The high demand for smart, efficient, and power-saving household equipment compels consumer electronics manufacturers to deliver high-end household products. The products are integrated with improved semiconductor equipment, capable of delivering high performance with more functionalities and reduced power consumption at a low cost ,” says Chetan.
Global foundry service market by computer
The segment was valued at USD 5.3 billion in 2015 and is expected to reach USD 6.36 billion by 2020, growing at a CAGR of 3.71% during the forecast period.
The consumption of semiconductor ICs in this segment is declining due to increasing demand for communication devices such as smartphones and tablets. However, the segment will sustain with a nominal growth rate till 2019, due to the emergence of hybrid laptops and all-in-one (AIO) PCs in the market. The market will decline after 2019 due to thoughtful spending by developed countries, stiff competition from tablet manufacturers, and increasing penetration of phablets in developing countries.
Top vendors in the global foundry service market
- Samsung Semiconductor
In 2015, the global foundry service market was dominated by the major vendors such as GLOBALFOUNDRIES , Samsung Semiconductor , SMIC , UMC , and TSMC that contributed almost 85% to the market. TSMC alone accounted for a market share of more than 55%. This is because most of the fabless companies want to share long-term mutual agreements with the major foundries as they guarantee reliability and quality in production, and they have the capital necessary to update their production line to the latest technology constantly.
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