Lewes, DE -- (SBWIRE) -- 11/08/2017 -- Report forecast the semiconductor market in East Asia to grow at a CAGR of 8.23% during the period 2017-2021.

A semiconductor IC functions as a timer, an amplifier, and a microprocessor, and it has a data storage capability. Manufacturers fabricate ICs using the designs provided by fabless semiconductor companies. Fabless semiconductor companies design and sell hardware devices and semiconductor chipsets. However, they outsource the fabrication process of hardware devices to semiconductor foundries. Semiconductor ICs find applications in major segments, including communications, consumer electronics, automotive, and industrial.

The report covers the present scenario and the growth prospects of the semiconductor market in East Asia for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product..

The market is divided into the following segments based on geography:
- China,
- Japan,
- South Korea,
- Taiwan,
- Vietnam,
- Rest of East Asia

According to the report, one of the major drivers for this market is Growth of consumer electronics market. Consumer electronics include televisions, digital cameras, smartphones, printers, scanners, microwaves, refrigerators, washing machines, and other home appliances. The Japanese consumer electronics market is the third-largest consumer electronics market in the world. Most of the consumer electronics manufacturers in East Asia are global giants, such as Sony, Panasonic, and Toshiba. The rapid growth in technology and steady fall in consumer electronics prices worldwide have made it difficult for even established giants, such as Sony, to survive in the market.

Further, the report states that one of the major factors hindering the growth of this market is Quality standards and limitations of automotive ICs. Vehicles are connected via communication networks, such as the Internet and navigation. This presents a potential risk of vehicle traffic data and other systems, such as control units, being hacked. This can also lead to an increase in road accidents. In addition, there has been an increase in the hacking of in-car entertainment technologies. For instance, hackers introduce a false code into MP3 files and plant harmful input in the vehicle. This can cause a significant amount of damage and danger to the driver and the vehicle. Another major challenge is the tampering with electronic control units, resulting in speedometer manipulation, engine manipulation, and theft of central locking systems.

Semiconductor Market in East Asia 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the semiconductor market in East Asia: TSMC, Toshiba, Sony Semiconductor Solutions, Renesas Electronics, and STMicroelectronics.

Other Prominent Vendors in the market are: Adamant, Asahi Kasei Microdevices, DENSO, Fuji Electric, Mitsubishi Electric, MITSUMI ELECTRIC, Sanken Electric, Hitachi, and Saigon Semiconductor Technology.

Market driver
- Growth of consumer electronics market
- For a full, detailed list, view our report

Market challenge
- Japanese players facing increasing competition from international players
- For a full, detailed list, view our report

Market trend
- Increase in number of fabs worldwide
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

Spanning over 70 pages "Semiconductor Market in East Asia 2017 - 2021" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Industry overview, Market segmentation by end-user, Geographical segmentation, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Appendix.

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