Table Of Contents
Sonia Mutreja
Koyel Ghosh
Top 10 Published Studies in the SEMI Domain: Prominent Markets Driving Sector Growth in 2024
In the last few years, the semiconductor equipment and materials domain has experienced significant growth due to the increased demand for high-performance and energy-efficient chips across multiple sectors. The rise of edge computing and IoT-based devices has made semiconductor companies reshape chip architectures and develop innovative solutions for emerging IoT-driven applications. Moreover, the growing focus on sustainability has fueled the development of innovative products, creating wider opportunities across the sector. Allied Market Research recently issued a newsletter showcasing certain industries driving the growth of the industry. The study includes key factors that play an important role in transforming the landscape.
Audio Amplifiers Integrated Circuit Market
The AMR report on audio amplifiers integrated circuit market provides a detailed analysis of upcoming trends, latest advancements, key developments. This data is provided to help businesses acquire knowledge about recent happenings in the landscape and obtain a competitive edge over their peers in the future.
According to the study, the market was valued at $5.2 billion in 2022 and is expected to garner a sum of $10.3 billion by 2032, exhibiting a CAGR of 6.9% from 2023 to 2032. The increasing demand for compact, high-performance audio systems across consumer electronics, automotive, and professional audio sectors has created wider opportunities for the industry. Moreover, the growing trend of EVs that demand high-fidelity audio systems for enhanced users is expected to open new avenues for the landscape in the coming period.
Display Market
The display market report by AMR provides comprehensive insights into current and projected revenue figures and CAGRs. The study incorporates extensive market research, advanced data analytics, and partnerships with industry experts, enabling companies to deliver reliable and forward-looking insights. These insights assist clients in making informed decisions that drive growth in the sector.
Further, the study states that the market is expected to reach a revenue of $244 billion by 2032, portraying a CAGR of 7.06% from 2023 to 2032. Innovations in OLED, MicroLED, and QLED technologies are enhancing display resolution, energy efficiency, and design flexibility, driving growth in the industry. In addition, the transition of the automotive sector toward autonomous vehicles and digital dashboards has significantly contributed to the growing prominence of high-quality displays, creating lucrative opportunities for the sector.
Multilayer Printed Circuit Board Market
A recently published report by Allied Market Research on the multilayer printed circuit board market offers an in-depth analysis of the industry's performance across various regions, including Asia-Pacific, LAMEA, North America, and Europe. The report examines key factors such as administrative, legal, political, demographic, economic, and sociocultural influences that shape the landscape. These sets of information assist businesses in developing effective strategies tailored to their specific regional contexts.
The growing demand for compact, lightweight, and high-performance electronic devices across industries including telecommunications, automotive, aerospace, and consumer electronics has majorly driven the industry’s growth. According to AMR’s analysis, the market is estimated to generate a revenue of $144.7 billion by 2032, citing a CAGR of 5.7% from 2024 to 2032. Moreover, the developments in PCB materials, such as flexible and rigid-flex boards, and advancements in manufacturing processes are enabling the production of more efficient, miniaturized devices. In addition, the rise of 5G, IoT, and AI-based applications is expected to open new opportunities across the landscape in the forthcoming years.
Public Address and Voice Alarm Systems Market
AMR’s latest report on the public address and voice alarm (PAVA) systems market sheds light into the competitive landscape of the industry with the help of scientific analytical tools like Porter’s five forces. This analysis aims to assist new entrants in understanding the operational dynamics of multinational corporations in this rapidly evolving industry.
The market has witnessed significant growth in the last few years due to the rising demand for reliable emergency communication systems across commercial, industrial, and transportation sectors. Moreover, technological advancements in networked audio systems and the integration of AI for real-time voice analysis and routing have enhanced the efficiency and reliability of PAVA systems, making them essential components in the modern safety infrastructure. Additionally, rapid urbanization and stringent safety regulations are expected to increase the adoption of these systems in public spaces such as airports, malls, and stadiums.
Mobile Robotics Market
The report on the mobile robotics market by AMR offers an in-depth analysis of the evolving dynamics within the industry, enabling companies to gain a competitive advantage. This study empowers industry leaders to utilize research data to enhance event formats, optimize client targeting, increase participation through digital tools, and anticipate market trends effectively.
As per the study, the industry accounted for $16.5 billion in 2022 and is anticipated to generate a revenue of $130.9 billion by 2032, rising at a CAGR of 23.1% from 2023 to 2032. The increase in the demand for automation across industries such as logistics, healthcare, agriculture, and manufacturing has propelled its growth. Moreover, advancements in AI, machine learning, and sensor technologies have enabled robots to operate effectively in intricate environments with greater precision. Furthermore, the growing emphasis on Industry 4.0 is predicted to increase the integration of mobile robotics into smart manufacturing ecosystems.
Professional Audio Equipment Market
The AMR report on the professional audio equipment market provides valuable insights into the latest industry developments, including strategic partnerships and product launches. Additionally, the report serves as a resource for new entrants, offering a deeper understanding of how multinational corporations implement their strategies to achieve market dominance.
The professional audio equipment market has experienced prominent growth in 2024 owing to the increasing demand for high-quality sound systems across sectors such as entertainment, broadcasting, and corporate events. Moreover, rising trends in live performances, podcasts, and virtual conferencing have accelerated the need for advanced microphones, speakers, and mixers. According to AMR, the industry is projected to register a revenue of $37.8 billion by 2033, growing at a CAGR of 6.2% from 2024 to 2033. In addition, rapid technological innovations, including wireless and portable equipment with superior sound clarity, are expected to reshape the industry growth in the upcoming years.
Connector Market
Allied Market Research has recently issued a report on the connector market that highlights several aspects of the industry such as drivers, restraints, and investment opportunities. The study provides precise data and statistics designed to assist companies in making informed business decisions and enhancing their market share over the long term.
According to the AMR analysis, the market is expected to reach $141.1 billion by 2032, manifesting a CAGR of 6.3% from 2024 to 2032. Rise in demand for sophisticated electronic devices for automotive applications and rapid adoption of modern technologies such as 5G and IoT have played a key role in driving the industry’s growth in 2024. Furthermore, the expanding demand for EVs, medical devices, and industrial automation further is expected to increase the development of advanced connectors in supporting modern technologies.
Mixed Reality Market
The mixed reality market report by AMR provides insights into the competitive advantages and market positioning of key players in the industry, utilizing advanced analytical tools such as SWOT analysis. This information empowers businesses to make informed strategic decisions, optimize resource allocation, and improve their overall marketing strategies.
Continuous advancements in AR/VR technologies and their increasing integration across industries such as gaming, healthcare, education, and real estate are the prime factors that have positively impacted the market growth in 2024. As per the study, the industry is estimated to generate a sum of $456.8 billion by 2032, growing at a notable CAGR of 67% from 2024 to 2032. Furthermore, the growing adoption of mixed reality for training, product visualization, and remote collaboration is expected to flourish the landscape in the coming period.
Mini PCs Market
The market report by Allied Market Research on Mini PCs examines the competitive dynamics within the industry through the lens of Porter’s Five Forces model. This analysis enables businesses to identify strategic opportunities and threats, facilitating informed decision-making and improving their competitive positioning in the market.
According to the analysis, the industry has observed remarkable growth due to the rising demand for compact, energy-efficient computing solutions across both consumer and enterprise segments. Furthermore, advancements in processor technologies, coupled with growing adoption in smart workplaces and educational institutions are expected to fuel the expansion of the market in the upcoming years. As per AMR, the industry is predicted to exhibit a CAGR of 4.5% from 2023 to 2032.
Ultrasonic Position Sensor Market
A recently published report by Allied Market Research on the ultrasonic position market offers an in-depth analysis of various industry aspects using advanced market research tools, including PESTEL analysis. This framework provides a comprehensive view of external factors, enabling businesses to identify potential opportunities and threats in their macro-environment, which is beneficial for effective strategic planning.
According to AMR’s study, the industry is projected to garner a revenue of $140.9 million by 2032, showcasing a CAGR of 3.5% from 2024 to 2032. This is mainly due to the increasing adoption of IoT and smart devices across sectors for precise object monitoring and positioning capabilities. Moreover, the rise of autonomous vehicles, smart factories, and robotics has amplified the demand for ultrasonic sensors. Further, ongoing innovations in sensor miniaturization, enhanced detection range, and their integration with other sensing technologies are expected to create huge opportunities for the landscape in the forthcoming years.
The essence
The newsletter on the top 10 published studies in the semiconductor equipment and materials sector by AMR reveals the emerging markets , such as mixed reality, mobile robotics, and Mini PCs, that have played a significant role in the growth of the domain in 2024. Furthermore, the rise of Gen-AI and digital twin technology are expected to amplify the domain’s growth in the future.
To obtain more insights into the evolving dynamics of the SEMI sector, feel free to reach out to our esteemed analysts here!
