SLD Market analysis report by Future Market Insights shows that global sales of the SLD Market in 2022 held at USD 69.9 Billion.
The projected market growth from 2022 to 2032 is expected to be 5.8%. Standard Transceiver Type is expected to be the highest revenue-generating segment, projected to grow at a CAGR of around 5.6% from 2022 to 2032.
| Attributes | Details |
|---|---|
| Global SLD Market Size (2022) | USD 69.9 Billion |
| Global SLD Market Size (2032) | USD 131.6 Billion |
| Global SLD Market CAGR (2022 to 2032) | 5.8% |
| China SLD Market Size (2032) | USD 18.5 Billion |
| Key Players Considered | Analog Devices, Arrow Electronics, Diodes Incorporated, Maxim Integrated Products Inc., Microchip Technology Inc., STMicroelectronics, Nexperia, Toshiba Semiconductor and Storage, ROHM Semiconductor, NXP Semiconductors NV |
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As per the SLD Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2015 to 2021, the market value of the SLD Market increased at around 6.4% CAGR. During the forecast period, the market is projected to grow at a CAGR of 5.8%.
Due to its growing application areas, the electronic component business has enjoyed rapid expansion in recent years. Consumer electronics items such as cell phones, DVDs, TVs, and so on, as well as workplace automation equipment such as printers and PCs, have all contributed considerably to this expansion.
This rapid expansion has prompted many firms in such sectors to establish new manufacturing facilities and increase production capacity in recent years. Furthermore, continuous technological improvements are likely to broaden the areas of application for standard logic devices, propelling the global standard logic devices (SLD) market forward during the projected period. ?
Standard logic devices & packaging have emerged as critical frameworks for facilitating the creation of extended lifetime goods and supporting the large lead times experienced by manufacturers in general. New alliances and partnerships have emerged throughout the years to fulfill the growing need for standard logic devices across semiconductor makers.
A variety of conventional 5400/7400 logic family types are in high demand, supporting the market for standard logic devices. The growing adoption of integrated circuits (ICs) can be attributed to advantages such as ease of use and quick availability. However, the sophisticated functionality of items throughout the standard logic devices (SLD) industry must be improved. The fixed functionality of ordinary logic devices makes complex features difficult to implement. Several chips must also be placed on the printed circuit board. The goods are available off the shelf.
The growing demand for logic devices that are registered-based, has boosted the expansion of the standard logic devices industry. The market is enhanced by advancements in plastic and ceramic packaging. DIP, PLCC, SOIC, PGA, BGA, & QFP are some of the popular packaging possibilities. The fast speed of digitization is a fundamental driver of the market for standard logic devices.
Rising disposable household income levels, a fast-rising population, and increased urbanization contribute to the demand for standard and sophisticated consumer electronics gadgets. For effective and suitable operation, ICs are found in a variety of electronic equipment, including cell phones, washing machines, televisions, and refrigerators.
Several top consumer electronics manufacturers, like Samsung, Apple, and Huawei, are investing heavily in releasing new gadgets to meet rising customer demand for sophisticated devices, therefore sustaining the global standard logic devices industry development.
During the projected period, Asia-Pacific held the largest share of the global SLD Market. The increased need for automation technologies in industrial applications and the automotive industry is one of the primary factors for the growth of the standard logic devices industry in this region. Automation has simplified industrial operations, while the need for driver assistance technologies has continuously increased in the vehicle sector.
The increasing use of driver assistance technology in luxury vehicles has resulted in a substantial industry trickle-down impact, pushing requirements from the standard logic devices industry across the automotive industry. As a result, the growing ultra-high-net-worth demographics in the Asia Pacific, as well as the Middle East, will be critical for the worldwide standard logic devices industry in the subsequent years.
The market in China is expected to account for the largest market of USD 18.5 Billion by the end of 2032 with an expected CAGR of 6.3% by the end of 2032.
The availability of lower-cost trained labor, suitable climatic conditions, government incentives, solid power, and water infrastructures, logistics and transportation services, and appealing investment conditions all contribute to the growth of this region's standard logic device industry. These industries provide substantial contributions to the production of standard logic ICs & devices.
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The Transceiver Type segment is forecasted to grow at the highest CAGR of around 5.6% from 2022 to 2032. The primary function of a transceiver is to broadcast and receive signals. The transceiver is a component of a network interface in local area networks. The development and expanding need for wireless technologies to establish quick connections between devices is likely to drive the demand for Standard Logic Devices in the future years. Wireless communication semiconductors include Bluetooth transceivers, GPS receivers, and other devices.
The Analog segment is forecasted to grow at the highest CAGR of around 5.2% from 2022 to 2032. Switches & multiplexers are high-performance, low-cost topologies with low resistance, quicker switching, lower voltage supply, and smaller surface-mount packaging. Analog switches and multiplexers come in a broad range of configurations to fit practically any application, including multi-channel data collection systems, instrumentation, and video switching, among others.
The variable frequency of switches and multiplexers above standard electro-mechanical switches provides better signals and decreases the noise ratio. Traditional electromechanical switches have unidirectional current flow, whereas coupled switches & multiplexers create bi-gate networks which are more suited for solid state switches.
Numerous companies are emphasizing organic growth techniques such as new releases, product approvals, and others such as copyrights and events. Acquisitions, partnerships, and collaborations were among the inorganic growth tactics observed in the industry. Some of the recent market developments include:
Similarly, recent developments related to companies' SLD Market have been tracked by the team at Future Market Insights, which are available in the full report.
The global SLD Market is worth more than USD 69.9 Billion at present.
The value of the SLD Market is projected to increase at a CAGR of around 5.8% from 2022 to 2032.
The value of the SLD Market increased at a CAGR of around 6.4% from 2015 to 2021.
The market for SLD Market in the USA is projected to expand at a CAGR of around 5.5% from 2022 to 2032.
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