Semiconductor Market in Vietnam 2015 to grow at a CAGR of 14.3% By 2019: Market Research Store
Deerfield Beach, FL -- (SBWIRE) -- 09/17/2015 -- Semiconductor Market in Vietnam 2015-2019
A semiconductor conducts electricity and has a resistivity ranging between a conductor and an insulator. In addition, semiconductors enable unidirectional flow of current. Semiconductor Market in Vietnam to grow at a CAGR of 14.3 percent over the period 2014-2019. This unique property of semiconductors has laid the foundation for modern electronics including computers, mobiles, and other appliances that use semiconductors. Some of the common semiconductor devices are transistors, diodes including LEDs, silicon-controlled rectifiers, and digital and analog ICs.
The demand for semiconductors in Vietnam is expected to grow in various application segments such as Consumer Electronics, Wired and Wireless Communications, Electronic Boards, and Smart Cards.
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Covered in this Report
This report covers the present scenario and the growth prospects of the Semiconductor market in Vietnam for the period 2015-2019. It considers 2014 as the base year and provides data for the 12 trailing months. To calculate the market size, the report considers revenue generated from the sales of semiconductors used in a wide range of applications, such as:
The report also presents the revenue generated by device type including:
Power management ICs
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Commenting on the report, an our analyst said: "One key trend being witnessed in this marketis the short replacement cycle of portable electronic devices. The reduction in the time span of a product replacement cycle is expected to increase drastically the demand for semiconductor ICs in newly launched devices, thus driving the Semiconductor market."
According to the report, one of the major drivers of the market is the increased demand for electronic devices. The country has witnessed a large number of electronics manufacturing establishments in the past few years because of the increased focus of the government toward the development of the Electronics industry in Vietnam.
Further, the report states that one of the major challenges in the market is the rapid changes in technology. This prompts semiconductor manufacturers to increase the development and adoption of new technologies. These rapid technological changes in semiconductor manufacturing processes pressurize the semiconductor IC manufacturers to deploy technologically advanced equipment that enables those processes.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Saigon Industry (CNS)