China semiconductor foundry market size reached US$ 28.84 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 51.7 Billion by 2032, exhibiting a growth rate (CAGR) of 6.30% during 2024-2032. The rapid evolution of advanced applications, such as artificial intelligence (AI), 5G, autonomous vehicles, and augmented reality (AR), which can create new opportunities for semiconductor foundries, is primarily driving the market growth across the country.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 28.84 Billion |
Market Forecast in 2032
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US$ 51.7 Billion |
Market Growth Rate 2024-2032 | 6.30% |
A semiconductor foundry is a specialized facility that manufactures integrated circuits (ICs) or chips for semiconductor companies that lack their production capabilities. These foundries provide a crucial service in the semiconductor industry by offering a dedicated space for designing, testing, and producing electronic components at scale. Foundries utilize advanced fabrication processes, such as photolithography and deposition, to create intricate semiconductor structures on silicon wafers. Companies, especially fabless semiconductor firms, partner with foundries to bring their chip designs to fruition without the substantial investment required for in-house manufacturing facilities. This collaborative model fosters innovation, cost-effectiveness, and efficiency in the development and production of a wide range of electronic devices, from smartphones to sophisticated computing systems.
The semiconductor foundry market in China is experiencing robust growth, driven by a confluence of factors. Firstly, the increasing demand for advanced electronic devices across diverse industries serves as a primary catalyst. As consumers seek more powerful and energy-efficient devices, semiconductor foundries play a pivotal role in meeting this demand by producing cutting-edge chips. Moreover, the escalating adoption of Internet of Things (IoT) technologies amplifies the need for customized semiconductor solutions, further propelling the market forward. Additionally, the rising complexity of semiconductor designs and the continuous quest for miniaturization contribute to the market's expansion. Semiconductor foundries, equipped with advanced manufacturing processes, become essential partners for companies aiming to develop smaller and more efficient electronic components. Furthermore, the growing trend towards outsourcing semiconductor production underscores another key driver. Many companies prefer leveraging the expertise of specialized foundries, allowing them to focus on core competencies and accelerate time-to-market for their products. Furthermore, the regional push towards 5G technology acts as a significant driver for the semiconductor foundry market. The deployment of 5G networks requires advanced semiconductor solutions to enable faster data processing, driving the demand for foundry services. In essence, these interconnected drivers create a dynamic landscape, fostering sustained growth and innovation in the semiconductor foundry market.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on technology node, foundry type, and application.
Technology Node Insights:
The report has provided a detailed breakup and analysis of the market based on the technology Node. This includes 10/7/5nm, 16/14nm, 20nm, 45/40nmm, and others.
Foundry Type Insights:
A detailed breakup and analysis of the market based on the foundry type have also been provided in the report. This includes pure play foundry and IDMs.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes communication, consumer electronics, computer, automotive, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North China, East China, South Central China, Southwest China, Northwest China, and Northeast China.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Technology Nodes Covered | 10/7/5nm, 16/14nm, 20nm, 45/40nmm, Others |
Foundry Types Covered | Pure Play Foundry, IDMs |
Applications Covered | Communication, Consumer Electronics, Computer, Automotive, Others |
Regions Covered | North China, East China, South Central China, Southwest China, Northwest China, Northeast China |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |