Next Generation Integrated Circuit Market Research Report - Global Forecast 2027

Next Generation Integrated Circuit Market, By Technology (Analog, Digital), By Component (Lasers, Modulators, Photo Detectors, Attenuators, Optical Amplifiers), By Type of Integration (Hybrid, Monolithic, Module) and Vertical – Forecast 2027

ID: MRFR/SEM/2934-HCR | February 2021 | Region: Global | 100 pages

Next Generation Integrated Circuit Market Overview


Next Generation Integrated Circuit Market is projected to grow at a CAGR of 27%. It is estimated that the market will increase and reach up to USD 1637 Million during the forecast period 2017-2023. The integrated circuit is basically a set of electronic circuits. It comprises small transistors which are cheap, small, and faster. The Next Generation Integrated Circuit Market is projected to grow at an exponential rate during the forecast period.


The integrated circuits are widely used in discrete transistors which enhances the reliability and capability of the circuit. Currently, Integrated circuits are used in almost all electronic equipment. Especially, the use of smartphones has increased the use of Integrated circuits. It provides accurate data for analysis that is expected to fuel the market growth. Also, the network and Data Centre service providers and cloud services are driving the market.


The North American region is estimated to hold the largest market share in the Next Generation Integrated Circuit Market. Countries such as Canada and the US dominate this region for advanced technologies and major key players. Also, Asia-Pacific and Europe are projected to have significant growth during the forecast period. Other than that, the supportive government policies are helping the market to propel.


There are several restraints that can affect the Next Generation Integrated Circuit Market to a certain extent. The impact of COVID-19 disease has been severe in recent years. It is because the market is highly fragmented and due to rising competition, the cheap products can hinder the market growth. Several steps by the key players and government are trying to improve their services.


COVID-19 Analysis


Due to the sudden outbreak of COVID-19 disease, the Next Generation Integrated Circuit Market experienced a drastic impact. Various countries across the world have suffered drastically due to the coronavirus. Several businesses were shut down to restrict the spread of the virus for various months.  Major companies are now focusing to develop and enhance their services to revive the market.


Market Dynamics


Market Drivers


There are various market drivers that are responsible for the growth of the Next Generation Integrated Circuit (IC) Market. One of the major drivers of the Next Generation Integrated Circuit Market is the growing use of smartphones. The Integrated Circuits are largely used in smartphones and the advancement of technology will improve the market further. They are lightweight and easy to provide accurate data as well. The use of the Internet of Things (IoT) will also fuel market growth.


Restraints


Certain restraints can hinder market growth to a certain extent. The hue competition will increase the complexities. Due to this, it can increase costs and can hinder Next Generation Integrated Circuit Market growth. Especially the impact of COVID-19 disease in various business sectors will be difficult for the market to grow.


Opportunities


Several opportunities will boost the market in the upcoming period. The highly advanced technologies will provide accuracy to the customers. Hence, it will also help to improve the workflow with accurate data analysis. The Next Generation Integrated Circuit Market has a huge scope to grow and develop in the upcoming years. Also, various key players are investing in the market that will be beneficial for Next Generation Integrated Circuit Market Growth.


Challenges


The impact of COVID-19 disease has disrupted the supply chain of the manufacturing units. Also, poor infrastructure and low awareness of technology in the underdeveloped nations will experience slower growth. It is will be very difficult for the market players to establish a better infrastructure due to the low availability of the materials as well. However, despite these challenges, the market will flourish during the forecast period.


Cumulative Analysis


With the growing use of smartphones and the demand for vehicle automation, the Next Generation Integrated Circuit Market will have exponential growth. The Compound Annual Growth Rate of the next generation ic market is 27%. It is projected that the market will expand up to USD 16374 Million during the forecast period 2017-2023. Due to these aforementioned factors, the market players and investors will gain huge profits in the upcoming years.


Value Chain Analysis


The rising technological advancements in smartphones are boosting market growth. The improvement of the 5G technology is also the main factor for the market growth. Developed countries are adopting the new technologies earlier than others which will also influence the market. The new inventions and supporting government policies will further increase the value of the next generation ic market in the upcoming years.


Market Segmentations


The Next Generation Integrated Circuit (IC) Market is segmented into component, technology, vertical, and integration, On the basis of component, the Next Generation Integrated Circuit Market is further divided into Modulators, Attenuators, Lasers, Optical Amplifiers, Photo Detectors, and others.


Based on technology, the Next Generation Integrated Circuit Market is divided into Digital and Analogue.


On the basis of vertical, the Next Generation Integrated Circuit Market is divided into Industrial, Healthcare, Consumer Electronics, Defence and Aerospace, Telecommunication and IT and Automotive.


The Next Generation Integrated Circuit (IC) Market on the basis of integration is divided into Monolithic, Hybrid, and Module.


Regional Analysis


On the basis of geography, the Next Generation Integrated Circuit Market Size is divided into North America, Europe, Asia-Pacific, and the Rest of the World. It is anticipated that North America will hold the largest market share. The developed countries such as Canada and the US are dominating the region to fulfill the demand for consumer electronics. Also, the presence of major key p[layers in these countries is fuelling the market growth.


The European region will also hold a significant Next Generation Integrated Circuit Market Share. The rising investments for research and development in the countries such as France, UK, Italy, and many more will improve the market condition in the upcoming years.


Also, the Asia-Pacific region will hold substantial growth during the forecast period. In the upcoming years, the Next Generation Integrated Circuit Market will experience exponential growth due to growing infrastructure in countries such as India, China, and Japan.  


Further, the rest of the world includes countries in the Middle East and Africa. These countries will experience a slower growth rate due to a lack of technological advancements. Also, the low availability of skilled laborers along with other factors will restrict the market growth.


Competitive Landscape


Various key players in the market use different strategies for expanding their portfolios. They use different strategies to increase their revenue such as new product launches, partnerships, market analysis, collaborations, acquisitions, and many more. Here is the list of various key players in the Next Generation Integrated Circuit Market.



  • Qualcomm (U.S.)

  • Atmel Corporation (U.S.) 

  • Intel Corporation (U.S.)

  • NEC Corporation (Japan)

  • Analog Devices (U.S.)

  • ON Semiconductors (U.S.)

  • Boeing (U.S.)

  • STMicroelectronics (U.S.)

  • Texas Instruments (U.S.)

  • NXP Semiconductor (U.S.)


Recent Developments



  • Intel, a renowned key player in the market holds around one-third share of RandD which is a semi-conductor. The company is also developing new technologies to improve its Artificial Intelligence.


Report Overview


The overview of the Next Generation Integrated Circuit Market Forecast is as follows-



  • Overview of the Market

  • COVID-19 Analysis

  • Dynamics of the Market

  • Value Chain Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments of the key players


Report Score and Segmentation



  • Study Period- 2017-2023

  • Base Year- 2021

  • Forecast Period- 2017-2023

  • Historical Period- 2017-2020


The scope of the report is to give details about the Global Next Generation Integrated Circuit Market. The report gives insight into the growth and strength of the market during the forecast period. It also gives information about opportunities, market growth, restraints, and many more. The reports also contain information about the key players in the market. The information gathered in the report is obtained from primary and secondary sources.


Market Segmentation


By Component


  • Modulators

  • Attenuators

  • Lasers

  • Optical Amplifiers

  • Photo Detectors


By Integration


  • Monolithic

  • Hybrid

  • Module


By Technology


  • Digital

  • Analogue


By Vertical


  • Industrial

  • Healthcare

  • Consumer Electronics

  • Defense and Aerospace

  • Telecommunication and IT

  • Automotive


By Region


  • Asia-Pacific

  • Europe

  • North America

  • Rest of the World



Frequently Asked Questions (FAQ) :


The global next generation integrated circuit market is predicted to grow at a whopping 27% CAGR between 2017- 2023.

The global next generation integrated circuit market is predicted to reach USD 1,637 million by 2023.

North America will lead the global next generation integrated circuit market.

Rising adoption of smartphones, coupled with availability of cloud service providers are adding to the global next generation integrated circuit market growth.

Eminent players profiled in the global next generation integrated circuit market include Intel Corporation (U.S.), Qualcomm (U.S.), Analog Devices (U.S.), Texas Instruments (U.S.), ON Semiconductors (U.S.), NXP Semiconductor (U.S.), Atmel Corporation (U.S.), Boeing (U.S.), STMicroelectronics (U.S.), NEC Corporation (Japan) and others.

TABLE OF CONTENTS

1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE

2 RESEARCH METHODOLOGY

2.1 RESEARCH TYPE

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION

3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

3.5 MARKET RESTRAINTS

4 EXECUTIVE SUMMARY

5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY SEGMENTS

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY TECHNOLOGY

6.2.1.1 ANALOG

6.2.1.2 DIGITAL

6.2.2 BY COMPONENT

6.2.2.1 LASERS

6.2.2.2 MODULATORS

6.2.2.3 PHOTO DETECTORS

6.2.2.4 ATTENUATORS

6.2.2.5 OPTICAL AMPLIFIERS

6.2.3 BY TYPE OF INTEGRATION

6.2.3.1 HYBRID

6.2.3.2 MONOLITHIC

6.2.3.3 MODULE

6.2.4 BY VERTICAL

6.2.4.1 AUTOMOTIVE

6.2.4.2 INDUSTRIAL

6.2.4.3 CONSUMER ELECTRONICS

6.2.4.4 IT & TEELCOMMUNICATION

6.2.4.5 HEALTHCARE

6.2.4.6 AEROSPACE & DEFENSE

6.2.4.7 OTHERS

6.2.5 BY REGION

6.2.5.1 NORTH AMERICA

6.2.5.2 EUROPE

6.2.5.3 ASIA-PACIFIC

6.2.5.4 REST OF THE WORLD

7 COMPETITIVE ANALYSIS

7.1 MARKET SHARE ANALYSIS

7.2 COMPANY PROFILES

7.2.1 INTEL CORPORATION (U.S.)

7.2.2 QUALCOMM (U.S.)

7.2.3 ANALOG DEVICES (U.S.)

7.2.4 TEXAS INSTRUMENTS (U.S.)

7.2.5 ON SEMICONDUCTORS (U.S.)

7.2.6 NXP SEMICONDUCTOR (U.S.)

7.2.7 ATMEL CORPORATION (U.S.)

7.2.8 BOEING (U.S.)

7.2.9 STMICROELECTRONICS (U.S.)

7.2.10 NEC CORPORATION (JAPAN)

7.2.11 OTHERS


LIST OF TABLES

TABLE 1 NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY

TABLE 2 NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT

TABLE 3 NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION

TABLE 4 NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY REGIONS

TABLE 5 NORTH AMERICA NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY

TABLE 6 NORTH AMERICA NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT

TABLE 7 NORTH AMERICA NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION

TABLE 8 U.S. NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY

TABLE 9 U.S. NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT

TABLE 10 U.S. NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION

TABLE 11 CANADA NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY

TABLE 12 CANADA NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT

TABLE 13 CANADA NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION

TABLE 14 GERMANY NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY

TABLE 15 GERMANY NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT

TABLE 16 GERMANY NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION

TABLE 17 U.K. NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY

TABLE 18 U.K. NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT

TABLE 19 U.K. NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION

TABLE 20 EUROPE NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY

TABLE 21 EUROPE NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT

TABLE 22 EUROPE NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION

TABLE 23 FRANCE NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY

TABLE 24 FRANCE NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT

TABLE 25 FRANCE NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION

TABLE 26 ASIA-PACIFIC NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY

TABLE 27 ASIA-PACIFIC NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT

TABLE 28 ASIA-PACIFIC NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION

TABLE 29 REST OF THE WORLD NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY

TABLE 30 REST OF THE WORLD NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT

TABLE 31 REST OF THE WORLD NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION


LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY (%)

FIGURE 3 NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT (%)

FIGURE 4 NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION (%)

FIGURE 5 NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY REGIONS (%)

FIGURE 6 NORTH AMERICA NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY (%)

FIGURE 7 NORTH AMERICA NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT (%)

FIGURE 8 NORTH AMERICA NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION (%)

FIGURE 9 EUROPE NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY (%)

FIGURE 10 EUROPE NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT (%)

FIGURE 11 EUROPE NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION (%)

FIGURE 12 ASIA-PACIFIC NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY (%)

FIGURE 13 ASIA-PACIFIC NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT (%)

FIGURE 14 ASIA-PACIFIC NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION (%)

FIGURE 15 REST OF THE WORLD NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TECHNOLOGY (%)

FIGURE 16 REST OF THE WORLD NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY COMPONENT (%)

FIGURE 17 REST OF THE WORLD NEXT GENERATION INTEGRATED CIRCUIT MARKET, BY TYPE OF INTEGRATION (%)