Noida, UP -- (SBWire) -- 04/29/2015 --Global semiconductor market is expected to experience a healthy growth in coming years in the Asia-Pacific region as demand for products containing semiconductors is rising in the developing countries of this region. These Asian economies are anticipated to account for major semiconductor consumption in future due to strong demand by a broad range of industry verticals such as data processing, consumer electronics etc. Further, the increasing rapid transition this region followed by the low-cost manufacturing facilities will encourage the global semiconductor market in coming years.
According to our latest report "Global Semiconductor Market Outlook 2020", rapid development in electronics manufacturing and electronic components will lead to growth in consumption of semiconductors in the region. Vast domestic demand for electronic goods, and introduction of low-cost electronics appliances such as mobile handsets, Net books etc. are expected to drive the market in coming years. Besides, the increasing export in the developed and emerging economies in the regions will enhance the global semiconductor market growth in coming years.
The report provides a comprehensive analysis and unbiased view of semiconductor market around the globe. It includes the details analysis of semiconductor market by player, region and applications. Further, to provide a comprehensive knowledge on global semiconductor industry performance; a details analysis of global semiconductor by segments, equipments, materials and products are also covered in the report.
Besides, the report provides in-depth country level analysis of semiconductor market in major countries like US, UK, China, Japan, India, Taiwan etc. This study includes the details analysis of the mentioned countries semiconductor market scenario from the year 2012 and future market potentials till 2020.
A competitive landscape of key market players with business overview key financials, strength & weakness are also covered in the report. In addition, the report also analyzed the key developments of players related to semiconductor which enable clients to formulate market strategies and assess the opportunity areas in key geographies, which can help a better understanding of the global semiconductor market.
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About RNCOS
RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.
Asia-Pacific Region Witnessing Strong Growth Potential
The global semiconductor market is expected to grow at a CAGR of more than 4% during 2015-2020, says RNCOS in its latest research report.