The Latin America, Middle East and Africa Semiconductor Foundry Market would witness market growth of 9.4% CAGR during the forecast period (2023-2030).
Energy-efficient manufacturing processes and equipment can significantly reduce operational costs for semiconductor foundries. These cost savings are passed on to customers or reinvested in research and development. Energy-efficient semiconductor components are essential for consumer electronics, mobile devices, and IoT applications. Longer battery life is a key selling point for these devices, contributing to their market success. Semiconductor manufacturing can generate a significant amount of heat. Energy-efficient processes and equipment can help manage this heat and reduce the need for energy-intensive cooling solutions. Emerging technologies like electric vehicles and renewable energy systems require energy-efficient semiconductor components. These components are crucial for optimizing the performance of EVs and energy storage systems.
Semiconductor foundries are designing and manufacturing energy-efficient chips, including low-power microcontrollers, power management ICs, and components for renewable energy systems. Energy efficiency is critical to semiconductor manufacturing and its impact on various industries. Semiconductor foundries invest in energy-efficient processes and technologies to meet the increasing demand for energy-efficient semiconductor components, driven by consumer preferences, environmental concerns, and the growing need for power optimization in various applications. The market is driven by technological innovation, customization, and the ability to address the evolving needs of multiple industries.
Saudi Arabia is making efforts to promote electric mobility. Semiconductor foundries provide chips for battery management systems, electric motor controllers, and power electronics used in EVs. Saudi Arabia is exploring automated and autonomous driving systems, which rely on semiconductor technology for perception, decision-making, and control in autonomous vehicles. Saudi Arabia's growing automotive sector is characterized by a strong focus on innovation, quality, and safety. Semiconductor foundries play a significant role in providing the necessary components and solutions to meet the demands of a modern and technologically advanced automotive industry in the region. All these factors will uplift the regional market’s expansion in coming years.
The Brazil market dominated the LAMEA Semiconductor Foundry Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,218.2 Million by 2030. The Argentina market is showcasing a CAGR of 10% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.1% during (2023 - 2030).
Based on Node Size, the market is segmented into 7/5nm, 130nm, 5nm, 65nm, 45/40nm, 32/28nm, 180nm, 10/7nm, 16/14nm and Others. Based on Application, the market is segmented into Consumer Electronics, Telecommunication, Automotive, Defense & Military, Industrial and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Semiconductor Foundry Market is Projected to reach USD 183.8 Billion by 2030, at a CAGR of 7.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, Texas Instruments, Inc., GLOBALFOUNDRIES Inc., Samsung Electronics Co. Ltd, Hua Hong Semiconductor Limited, Taiwan Semiconductor Manufacturing Company Limited, United Microelectronics Corporation, Semiconductor Manufacturing International Corporation, Micron Technology, Inc., and X-FAB Silicon Foundries SE
By Node Size
By Application
By Country
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