Asia Pacific Semiconductor Market Overview
- The target market is predicted to grow at USD 245 Billion amid 2034.
- Asia Pacific semiconductor market size was worth USD 202 Billion over 2024.
- The market is springing up at a CAGR of 1.7%.
Semiconductors are materials, which have a conductivity between conductors (generally metals) and nonconductors or insulators, such as most ceramics. Semiconductors can be pure elements, such as silicon or germanium, or compounds including gallium arsenide or cadmium Selenide. Extension of smartphones, soaring purchasing demands for electronics, growing demand for semiconductors in many industries including automotive, electronics, and others, rising adoption of green semiconductors technologies due to consumer trend toward sustainability, and others are factors, which assists to market diversification.
Key Takeaways:
- China region has the largest share of the semiconductor market in the Asia-Pacific region. This is due to the country's large domestic electronics market, the presence of local manufacturers, and its ability to export bulk quantities at a lower cost.
Asia Pacific Semiconductor Market Drivers & Restraints
Key Drivers of Target Market:
Rising Commercial Usage of Semiconductors can Impel Market Augmentation
Semiconductors are used in many commercial products, including computers, phones, and televisions, which helps to drive market growth. They are also used in automotive technologies, healthcare, and the internet of things.
- For instance, in May 2024, Mindgrove, a semiconductor company, has unveiled India's premier commercial microcontroller unit (MCU) chip, marking a significant milestone in the country's technology landscape. This development underscores India's growing prowess in semiconductor manufacturing and its efforts to bolster its domestic chip-making capabilities.
Restraints:
Market Growth can be Hindered due to Shortage of Workers
Much-publicized semiconductor shortages have impacted a number of critical industries and attracted unprecedented attention and investment from both private and public sectors across R&D, manufacturing, talent development, and more.
- For instance, in September 2024, SEMI, the global semiconductor industry association, introduced its Workforce Development Programme in India, aiming to address the global talent shortage in the sector. The programme, launched during SEMICON India 2024, seeks to prepare the country’s youth for careers in semiconductor manufacturing and design.
- Counterbalance Statements: There are solutions that companies and policymakers can deploy to help solve the semiconductor talent shortage, ranging from investment in developing new talent pipelines to better analytics and tools, partnerships with educational and government institutions, and others.
Opportunities:
Key Technology Trends can Propel Market Growth in Future
Several trends are shaping the future of semiconductors. These include new technologies and broadened markets. Open source hardware is disrupting the market and changing how companies think about design. IoT increases the demand for cost effective semiconductors. 5G accelerates demand for high-performance computing devices. Thus, many firms are focusing more on investing funding.
- For instance, in January 2025, in a significant milestone for India’s journey to becoming a global leader in chip manufacturing, Indichip Semiconductors Limited, with its joint venture partner, Yitoa Micro Technology Limited (YMTL) of Japan, signed a Memorandum of Understanding (MoU) with the government of Andhra Pradesh to establish India’s first private semiconductor manufacturing facility with an investment.
Asia Pacific Semiconductor Market Segmentations & Regional Insights
Component, type, node size, application, and country are segmentation in which, the market is distributed.
Component
Appertaining to the component, the market is broken down into memory devices, logic devices, analog IC, MPU, sensors, and others. Logic devices have the soaring Asia Pacific semiconductor market share in the semiconductor industry. Caused by their importance in processing and controlling data in modern digital systems.
- For instance, in June 2024, United Microelectronics Corporation, a leading global semiconductor foundry, announced the availability of its 22nm embedded high voltage (eHV) technology platform, the most advanced display driver IC foundry solution in the market to power premium displays for smartphones and other mobile devices.
Type
The market across type is partitioned into intrinsic and extrinsic. The extrinsic segment are hoped to govern the target market as they offer better performance and are more adaptable.
Node Size
The targeted market, via node size, is divided into 65nm, 40/45 nm, 32/28 nm, 22/20 nm, 16/14 nm, and others. The 16/14 nm segment held the largest Asia Pacific semiconductor market share. This is due to its importance for mainstream mobile and computing applications.
Application
By application, the market is classified into networking & communication, data centers, industrial, consumer electronics, automotive, and others. Throughout, the automotive segment higher up market share due to rising demand, widespread usage, and others.
- For instance, in August 2024, Power Master Semiconductor (PMS) has unveiled its latest innovation, the AEC-Q101 qualified 1,200V eSiC MOSFET. This cutting-edge technology, housed in a D2PAK-7L package, aims to transform the field of power electronics in electric vehicles (EVs).
Asia Pacific Semiconductor Market Report Scope:
Attribute |
Details |
Market Size 2024 |
USD 202 Billion |
Projected Market Size 2034 |
USD 245 Billion |
CAGR Growth Rate |
1.7% (2024-2034) |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
Regional scope |
Asia Pacific - China, India, Japan, Australia, Indonesia, Malaysia, South Korea, and Rest of Asia Pacific |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segmentation:
By Component:
- Memory Devices
- Logic Devices
- Analog IC
- MPU
- Sensors
- Others
By Type:
- Intrinsic
- Extrinsic
By Node Size:
- 65nm
- 40/45 nm
- 32/28 nm
- 22/20 nm
- 16/14 nm
- Others
By Application:
- Networking & Communication
- Data Centers
- Industrial
- Consumer Electronics
- Automotive
- Others
By Country:
- Asia Pacific
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia-Pacific
Asia Pacific Semiconductor Market Competitive Landscape & Key Players
Operating companies in the target market are Intel Corporation, INFINEON TECHNOLOGIES AG, Micron Technology, Inc., Amkor Technology, and among others. These companies are assimilating enlargement schemes including new product launch, collaboration & partnerships, integration of advance technologies, and others for contributing to the market expansion.
List of Key Players in the Market:
- Intel Corporation
- INFINEON TECHNOLOGIES AG
- Micron Technology, Inc.
- Amkor Technology
- RENESAS ELECTRONICS CORPORATION
- KYOCERA CORPORATION
- SK HYNIX INC.
- RAMXEED LIMITED
- NUVOTON TECHNOLOGY CORPORATION JAPAN
- STMICROELECTRONICS
- MediaTek Inc.
- ROHM CO., LTD.
Asia Pacific Semiconductor Market Recent News
- In January 2025, a team from China’s top government research academy pledged to produce this year a processor based on the open-source chip-design architecture RISC-V, as Beijing advances its semiconductor self-reliance drive amid escalating U.S. restrictions. The Chinese Academy of Sciences (CAS) will be able to deliver its XiangShan open-source central processing unit in 2025, wrote deputy director at the academy’s Institute of Computing Technology.
- In January 2025, Central Glass Co., Ltd. announced that they have entered into an agreement with Foosung Co., Ltd., a South Korean chemical manufacturer engaged in the production and sale of specialty gases for semiconductors, to establish a joint venture for the production and sale of specialty gases for semiconductors. The joint venture is scheduled to be established in March 2025.
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Asia Pacific Semiconductor Market Company Profile
Company Name |
ROHM CO., LTD. |
Headquarter |
Kyoto, Japan |
CEO |
Mr. Isao Matsumoto |
Employee Count (2024) |
23,319 Employees |
FAQs
Asia Pacific semiconductor market size was valued at USD 202 Billion in 2024 and is expected to reach USD 245 Billion by 2034 growing at a CAGR of 1.7%.
The market is segmented into component, type, node size, application, and country.
The market is segmented by countries China, India, Japan, Australia, Indonesia, Malaysia, South Korea, and Rest of Asia Pacific. China is expected to dominate the market.
The key players operating in the Asia Pacific semiconductor market include Intel Corporation, INFINEON TECHNOLOGIES AG, Micron Technology, Inc., Amkor Technology, RENESAS ELECTRONICS CORPORATION, KYOCERA CORPORATION, SK HYNIX INC., RAMXEED LIMITED, NUVOTON TECHNOLOGY CORPORATION JAPAN STMICROELECTRONICS MediaTek Inc., and ROHM CO., LTD.