Global Computer Microchip Market Status and Prospect, Forecast 2018 to 2026
A microchip is a small semiconductor module of packaged computer circuitry which is manufactured from silicon. Computer microchips are made for program logic and computer memory such as random-access memory (RAM) and memory chips. Microchips are also used for special purpose such as gateways, bit slicing, and analog to digital conversion. Microchip is also known as an integrated circuit (IC). These are assembled layer by layer on a wafer of a semiconductor material, such as silicon. The layers are built by photolithography process which uses chemicals, gases and light.
Increasing use of laptop, PCs, tablet, and smartphones is a key factor driving growth of the global computer microchip market. In addition, rising demand of microchip in health monitors and smart televisions is another factor expected to propel growth of the global computer microchip market over the forecast period.
However, high set-up cost associated is a key factor restraining growth of the global computer microchip market. Additionally, some social and ethical issues such as spoofing, sniffing, and tracking are other factors expected to hamper growth of the global computer microchip market over the forecast period.
Current trend in market is rising demand for miniaturized electronic components which has led to development of compact and light weight computer devices that require small sized microchips. This factor is expected to support growth of the global computer microchip market over the forecast period.
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The global computer microchip market is segmented on the basis of product, end user, and region. On the basis of region, the global computer microchip market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
North America accounts for largest market share in terms of revenue contribution in the global computer microchip market. This dominance can be attributed to increasing adoption of compact and smart devices in countries in the region. The market in Asia Pacific is projected to register highest growth rate over the forecast period, owing to increasing demand for electronic products such as PCs, smartphones, and tablets in emerging countries in the region.
Prominent players in the global computer microchip market include Samsung Electronics Co., Ltd., Intel Corporation, Broadcom Limited, QUALCOMM Incorporated, Advanced Micro Devices, Inc., Taiwan Semiconductor Manufacturing Company Limited, Texas Instruments Incorporated, NVIDIA Corporation, United Microelectronics Corporation, and Micron Technology, Inc.