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DUBLIN, June 1, 2023 /PRNewswire/ -- The "Micro Integrated Circuit Market: Trends, Opportunities and Competitive Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global micro integrated circuit market is expected to reach an estimated $78.1 billion by 2028 with a CAGR of 10.0% from 2023 to 2028. The future of the global micro integrated circuit market looks promising with opportunities in the consumer electronic, automotive, IT & telecommunication, and manufacturing and automation end use industries.
The major drivers for this market are increasing adoption of the internet of things (IoT) in hybrid and electric vehicles, growing demand for cloud computing and web hosting, and increasing penetration of integrated circuits in smartphones, computers, medical equipment, and other applications.
List of Micro Integrated Circuit CompaniesCompanies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain.
With these strategies, micro integrated circuit companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.
Micro Integrated Circuit Market Insights
The publisher forecasts that digital IC will remain the largest type segment over the forecast period owing to its low power consumption and high reliability that helps in reducing the size and weight of electronic devices while increasing their efficiency and improving their performance
Within this market, automotive will witness the highest growth due to rising research and development activities undertaken by major players in the industry particularly in the area of advanced driver assistance systems and increasing concern towards vehicle safety and security
APAC will witness the highest growth during the forecast period due to increasing demand for consumer electronics and autonomous vehicles in the region
Features of the Micro Integrated Circuit Market
Market Size Estimates: Micro integrated circuit market size estimation in terms of value ($B)
Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions
Segmentation Analysis: Micro integrated circuit market size by various segments, such as by type, end use Industry, and region
Regional Analysis: Micro integrated circuit market breakdown by North America, Europe, Asia Pacific, and the Rest of the World
Growth Opportunities: Analysis on growth opportunities in different types, end use Industry, and regions for the micro integrated circuit market
Strategic Analysis: This includes M&A, new product development, and competitive landscape for the micro integrated circuit market
Analysis of competitive intensity of the industry based on Porter's Five Forces model
Some of the micro integrated circuit companies profiled in this report include:
Samsung
Intel Corporation
Qualcomm Technologies
Toshiba
Texas Instruments
SK Hynix
NVIDIA
Micron Technology
Fujitsu
Key Topics Covered: 1. Executive Summary2. Global Micro Integrated Circuit Market: Market Dynamics2.1: Introduction, Background, and Classifications2.2: Supply Chain2.3: Industry Drivers and Challenges3. Market Trends and Forecast Analysis from 2017 to 20283.1. Macroeconomic Trends (2017-2022) and Forecast (2023-2028)3.2. Global Micro Integrated Circuit Market Trends (2017-2022) and Forecast (2023-2028)3.3: Global Micro Integrated Circuit Market by Type3.3.1 Digital IC3.3.2 Analog IC3.3.3 Mixed-Signal IC3.4: Global Micro Integrated Circuit Market by End Use Industry3.4.1 Consumer Electronics3.4.2 Automotive3.4.3 IT & Telecommunications3.4.4 Manufacturing and Automation3.4.5 Others4. Market Trends and Forecast Analysis by Region from 2017 to 20284.1: Micro Integrated Circuit Market by Region4.2: North American Micro Integrated Circuit Market4.2.1: North American Micro Integrated Circuit Market by Type: Digital IC, Analog IC, and Mixed-Signal IC4.2.2: North American Micro Integrated Circuit Market by End Use Industry: Consumer Electronics, Automotive, IT & Telecommunications, Manufacturing and Automation, and Others4.3: European Micro Integrated Circuit Market4.4: APAC Micro Integrated Circuit Market4.5: ROW Micro Integrated Circuit Market5. Competitor Analysis5.1: Product Portfolio Analysis5.2: Operational Integration5.3: Porter's Five Forces Analysis6. Growth Opportunities and Strategic Analysis6.1: Growth Opportunity Analysis6.1.1: Growth Opportunities for the Micro Integrated Circuit Market by Type6.1.2: Growth Opportunities for the Micro Integrated Circuit Market by End Use Industry6.1.3: Growth Opportunities for the Micro Integrated Circuit Market by Region6.2: Emerging Trends in the Global Micro Integrated Circuit Market6.3: Strategic Analysis6.3.1: New Product Development6.3.2: Capacity Expansion of the Global Micro Integrated Circuit Market6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Micro Integrated Circuit Market6.3.4: Certification and Licensing7. Company Profiles of Leading Players7.1 Samsung7.2 Intel Corporation7.3 Qualcomm Technologies7.4 Toshiba7.5 Texas Instruments7.6 SK Hynix7.7 NVIDIA Corporation7.8 Micron Technology7.9 Fujitsu
For more information about this report visit https://www.researchandmarkets.com/r/n6eonx
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