Analog Integrated Circuits ICs Market Size, Share, Growth Report 2030

Analog Integrated Circuits ICs Market

Analog Integrated Circuits ICs Market By Products (General purpose ICs, and Application-specific), Environment (Merchant IC fabrication companies and Small-scale IC fabrication companies), By Application (Consumer electronics, Automotive, IT & telecommunications, Medical & healthcare, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Category: Semiconductor & Electronics Report Format : PDF Pages: 140 Report Code: ZMR-2732 Published Date: May-2021 Status : Published

Global Analog Integrated Circuits ICs market size accounted for $52.0 Billion in 2020 and is expected to reach $79.4 Billion by 2028, growing at a CAGR of 5.5%.

Analog Integrated Circuits ICs Market

Market Overview   

The global Analog Integrated Circuits ICs market accounted for USD 52.0 Billion in 2020 and is expected to reach USD 79.4 Billion by 2028, growing at a CAGR of 5.5% from 2021 to 2028.      

Analog Integrated Circuits are widely used in various applications, including third and fourth-generation (3G/4G) radio base stations and portable device batteries. RFICs (radio frequency ICs) are analog circuits that usually run in the frequency range of 3 kHz to 2.4 GHz (3,000 hertz to 2.4 billion hertz) circuits that would work at about 1 THz (1 trillion hertz). They are widely used in cellphones and wireless devices. As they are under development, the analog IC market in this segment is expected to grow.

Key players in the industry are focusing on product launch and innovation in packaging design amidst regulatory changes on the use of Small-scale IC fabrication companies. For instance, June 2020 - Infineon announced that it will supply chipsets of IGBTs and diodes to the Danfoss Silicon Power business unit. The chips are mainly used in power modules for inverters that control the motors in electric vehicles.  

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COVID-19 Impact Analysis:

The global Analog Integrated Circuits ICs market has witnessed a decrease in the sales for beverages products due to the lockdown enforcement placed by governments in order to contain COVID spreading. People had no option but to remain indoor, so the consumption of beverages product’s had decrease drastically. The restrictions imposed by various nations to contain COVID had stopped the production resulting in a disruption across the whole supply chain. However, the world markets are slowly opening to their full potential and theirs a surge in demand of Analog Integrated Circuits ICs. The market would remain bullish in upcoming year.   

Growth Factors

In a major boost to analog integrated circuits industry, in August 2018, Foxconn Technology Group decided to team up with Chinese city Zhuhai to jointly construct a factory in Pearl River Delta. Individuals well-acquainted with the deal stated that Foxconn is entering a new product spectrum of semiconductors by collaborating with regional government. Reportedly, city of Zhuhai declared on its website that they will jointly work to design chip & semiconductor device. Analysts claim that the project will assist Foxconn to fulfill the escalating demand for integrated circuits that find wide applications in industrial internet. The main types available in this analog integrated circuits market are application-specific integrated circuits and general-purpose integrated circuits. Among them, the demand for general-purpose integrated circuits is relatively higher and the trend is anticipated to remain so over the next few years, notes the research report. Short product life cycle, design complexity, miniaturization, and fluctuations in demand & supply of products are anticipated to hinder the amplification of analog integrated circuits market in the ensuing years. Nonetheless, inception of new technologies along with high need for effective equipment will favorably leverage the growth of analog integrated circuits market in the upcoming years. This is going to normalize the impact of hindrances on the analog integrated circuits market, reports the study.

Report Scope:

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Segment Analysis Preview

The main types available in this analog integrated circuits market are application-specific integrated circuits and general-purpose integrated circuits. Among them, the demand for general-purpose integrated circuits is relatively higher and the trend is anticipated to remain so over the next few years, notes the research report.   

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Key Market Players & Competitive Landscape

Some of key players in Analog Integrated Circuits ICs market are STMicroelectronics NV, Infineon Technologies AG, Skywork Solutions Incorporation, and Analog Devices Incorporation are some of the key vendors The global Analog Integrated Circuits ICs market is segmented as follows:   

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By Products

  • General purpose ICs
  • Application-specific ICs

By Environment

  • Merchant IC fabrication companies
  • Small-scale IC fabrication companies

By Application

  • Consumer electronics
  • Automotive
  •  IT & telecommunications
  • Medical & healthcare
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

The global Analog Integrated Circuits ICs market was valued at USD 52.0 Billion in 2020.

The global Analog Integrated Circuits ICs market is expected to reach USD 79.4 Billion by 2028, growing at a CAGR of 5.5% between 2021 to 2028.

Some of the key factors driving the global Analog Integrated Circuits ICs market growth are Innovations such as integrating multiple applications onto specific modules by embedding dynamic analog functionality on a single chip.

Regionally, Asia Pacific has been leading the worldwide analog integrated circuits market and is anticipated to continue on the dominant position in the years to come, states the analog integrated circuits market study. The enlarged presence of electronic parts manufacturers and rise in the tech-savvy customer base is the main factor behind the dominance of the Asia Pacific analog integrated circuits market. The high number of market players being headquartered in Asia Pacific is another significant factor that is supporting this regional analog integrated circuits market.

Some of the major companies operating in Analog Integrated Circuits ICs market are STMicroelectronics NV, Analog Devices Inc., Richtek Technology Corporation, Maxim Integrated Types Inc., Texas Instruments Inc., Qualcomm Inc., Infineon Technologies AG, Global Mixed-mode Technology Inc., Taiwan Semiconductor

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