Global Industrial Chips Market Growth 2023-2029

Global Industrial Chips Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Industrial Chips Industry Forecast” looks at past sales and reviews total world Industrial Chips sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Chips sales for 2023 through 2029. With Industrial Chips sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Chips industry.

This Insight Report provides a comprehensive analysis of the global Industrial Chips landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Chips portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Chips market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Chips and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Chips.

The global Industrial Chips market size is projected to grow from US$ 58480 million in 2022 to US$ 97150 million in 2029; it is expected to grow at a CAGR of 97150 from 2023 to 2029.

Global key players of industrial chips include Texas Instruments, Infineon, Intel, Analog Devices, STMicroelectronics, etc. The top five players hold a share about 49%. North America is the largest market, has a share about 29%, followed by Europe and China, with share 24% and 22%, separately.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Chips market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Computing and Control Chips
Communication Core
Analog Chip
Memory
Sensor
Security Chips
Other

Segmentation by application
Electricity and Energy
Rail and Transportation
Factory Automation and Control Systems
Medical Electronics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Texas Instruments
Infineon
Intel
Analog Devices
STMicroelectronics
Renesas
Micron Technology, Inc.
Microchip
onsemi
Samsung
NXP Semiconductors
Broadcom
Xilinx

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Chips market?

What factors are driving Industrial Chips market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Chips market opportunities vary by end market size?

How does Industrial Chips break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.