Global Industrial Semiconductors Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Single mode and Multi mode.

By Application;

Construction, Manufacturing, Automotive, Aerospace, and Others.

By Material;

Silicon, Gallium Arsenide, Germanium, Silicon Carbide, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn789202021 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Industrial Semiconductors Market (USD Million), 2021 - 2031

In the year 2024, the Global Industrial Semiconductors Market was valued at USD 75,602.37 million. The size of this market is expected to increase to USD 159,956.38 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.3%.

The global industrial semiconductors market is at the heart of technological advancements across various sectors, driving innovation and efficiency in industrial processes worldwide. Semiconductors are integral to the functioning of industrial equipment and automation systems, playing a critical role in enhancing productivity, reducing operational costs, and improving overall performance. These components are essential in industrial applications such as manufacturing automation, robotics, control systems, and power management, where they enable precise control, data processing, and communication.

Key sectors benefiting from industrial semiconductors include automotive, aerospace, energy, healthcare, and telecommunications, among others. In the automotive industry, semiconductors power advanced driver assistance systems (ADAS), electric vehicle (EV) technology, and vehicle-to-everything (V2X) communication systems, supporting innovations in autonomous driving and vehicle connectivity. Similarly, in aerospace and defense, semiconductors are critical for radar systems, avionics, and satellite communications, ensuring reliable performance in challenging environments.

Technological advancements, such as the development of smaller, more powerful microchips and the integration of artificial intelligence (AI) and machine learning (ML) capabilities, are driving the evolution of industrial semiconductors. These advancements enable smarter, more efficient industrial processes, predictive maintenance, and real-time data analytics, thereby optimizing operations and enhancing competitiveness. The global industrial semiconductors market continues to expand as industries increasingly rely on semiconductor solutions to meet growing demands for efficiency, reliability, and connectivity in the era of Industry 4.0 and beyond.

As demand for industrial automation and digital transformation grows, the market for industrial semiconductors is poised for significant growth. Companies are investing in semiconductor technologies to capitalize on opportunities presented by smart manufacturing, IoT integration, and the expansion of industrial IoT (IIoT) applications. With continuous innovation and adoption across diverse industrial sectors, industrial semiconductors play a pivotal role in shaping the future of global industrial operations and technological advancement.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Material
    4. Market Snapshot, By Region
  4. Global Industrial Semiconductors Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automation and Industry 4.0 Initiatives
        2. Demand for IoT and Connected Devices
        3. Rising Demand for Power Electronics
      2. Restraints
        1. Complex Supply Chain and Component Shortages
        2. High Initial Costs and Long Development Cycles
        3. Security and Reliability Concerns
      3. Opportunities
        1. Expansion of AI and Machine Learning in Industrial Automation
        2. Growth in Edge Computing and Edge AI
        3. Advancements in Renewable Energy and Electric Vehicles
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Industrial Semiconductors Market, By Type, 2021 - 2031 (USD Million)
      1. Single mode
      2. Multi mode
    2. Global Industrial Semiconductors Market, By Application, 2021 - 2031 (USD Million)
      1. Construction
      2. Manufacturing
      3. Automotive
      4. Aerospace
      5. Others
    3. Global Industrial Semiconductors Market, By Material, 2021 - 2031 (USD Million)
      1. Silicon
      2. Gallium Arsenide
      3. Germanium
      4. Silicon Carbide
      5. Others
    4. Global Industrial Semiconductors Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Intel Corporation
      2. Texas Instruments Incorporated
      3. Broadcom Inc.
      4. Qualcomm Incorporated
      5. Samsung Electronics Co., Ltd.
      6. Infineon Technologies AG
      7. STMicroelectronics N.V.
      8. NVIDIA Corporation
      9. NXP Semiconductors N.V.
      10. Micron Technology, Inc.
  7. Analyst Views
  8. Future Outlook of the Market