NEW YORK, USA: Reportlinker.com has added a new report: Semiconductor Industry Forecast to 2012, to its catalog.
Like many other markets, the ongoing economic turmoil around the globe is considerably impacting the semiconductor market too. The systemic financial crisis has significantly weakened the consumer confidence, thus forcing them to reduce spending on all items, including electronic products. This has substantially contained the growth of global semiconductor market, says the report.
Electronic products, such as PCs, mobiles and home appliances, account for more than half of global semiconductor sales. However, growth in sales of PCs, mobile phones and other consumer electronics products has been witnessing sharp decline since the second half of 2008, thereby impacting the global semiconductor market.
With deepening of financial crisis, according to our research, the global semiconductor market is expected to see a negative outlook in 2009. However, as the crisis start to tail off later in the year, the market will see a possibly improved scenario in 2010 and afterwards. As a result, the global semiconductor market is projected to grow at a respectable CAGR of nearly 7 percent through 2012.
Much of the projected growth will be driven by the optoelectronics segment, growing at a CAGR of nearly 10 percent. At regional level, Asia-Pacific will account for more than half of the semiconductor market by the end of our forecast period.
"Semiconductor Industry Forecast to 2012” provides extensive research and thorough analysis on the semiconductor market across the globe. The report critically examines and provides unbiased view into the state of the global semiconductor industry, including current and future market size across various segments. It also highlights various potential application areas that continue to grow despite global crisis.
This report helps the clients to analyze the trends and developments in semiconductor market, giving exclusive insight into future potential of various countries analyzed in it. Various countries that have been covered in the report are the US, the UK, Germany, France, Japan, Korea, China, India, Taiwan, Russia and Singapore.