Semiconductors are driving forces of technological developments, providing high-speed processing power for Computers, Flat-screen displays, Smartphones, and other electronic devices.
Semiconductor industry has grown exponentially over the years, historically rising and falling with demand for products such as computers, televisions, and handheld devices, but expanding with increased use cases in end markets like autos. It has an intense competition and continuous pressure to be much more innovative, faster and to be cheaper.
There are numerous trends developing in semiconductor design, production, and use. Some have been developing gradually, others are advancing quickly. The following are a few of the more commonly discussed trends:
Within plants, the COVID-19 crisis could accelerate automation and the adoption of Industry 4.0 technologies. Remote manufacturing, diagnostics, and maintenance could all become permanent features. If that occurs, semiconductor companies might become smart workspaces, with technologies that facilitate remote work for most employees.
Due to the pandemic, which caused a disruption in supply chain, creating a shortage of chips that are used in cars and computers. Automotive industry was affected because of inadequate supply of chips. The companies started to reopen the factories sooner than the predicted date but the increase of consumer and electronics products was an additional strain for chipmakers which ultimately led to this situation.
A microcontroller is a compact integrated circuit designed to govern a specific operation in an embedded system. A typical microcontroller includes a processor, memory and input/output peripherals on a single chip.
Microcontrollers are used in multiple industries and applications, including in the home and enterprise, building automation, manufacturing, robotics, automotive, lighting, smart energy, industrial automation, communications and internet of things (IoT) deployments.
Key players in Semiconductor industry are :
The future of the semiconductor industry lies in leveraging technology trends like artificial intelligence (AI) and the internet of things (IoT).
The global semiconductor market was valued at $422.34bn in 2018 and is projected to reach $488bn by 2021.
For details on Growth in semiconductors and region wise analysis please feel free to refer to the following Semiconductor Industry report from CrispIdea:
