Reportstack has announced a new market research report on the Semiconductor Market in Vietnam 2015-2019, which is expected to grow at a CAGR 14.3 percent during the forecast period of 2014-2019.
Currently, the Semiconductor market in Vietnam is expected to have huge growth potential considering the country's growing economy. The increase in consumption of electronic devices such as smartphones, tablets, and set-top boxes is the major driving factor for semiconductor IC sales in Vietnam.
Recent advances in technology, along with improved durability, reduced energy consumption, superior performance, enhanced quality, and highly efficient features of semiconductor ICs, are making them an attractive solution in the Semiconductor industry.
“Vietnam has high growth potential in the Semiconductor industry, leading to the establishment of several global electronic device manufacturers in the country,”.
“The government also has created policies and regulations to increase the investments in the country, which focuses toward restructuring the Semiconductor market in Vietnam.”
Key Market Drivers
Increased Demand for Electronic Devices
Steady Growth of Semiconductor Wafer Industry
Decline in Cost per Function of ICs
Emergence of 3D Chip Packaging
Increase in New Product Development
Key Market Trends
Short Replacement Cycle of Portable Electronic Devices
Increased Government Aid
Emergence of Product Miniaturization
Fabless Semiconductor Companies
Shift from Aluminum to Copper Interconnections
Increased R&D Spending
Key Market Vendors
Lam Research Corp.
NXP Semiconductors NV
QAM Asia Pte Ltd.
Saigon Industry Corp. (CNS)
To define the market circumstances in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
Complete report available @ Semiconductor Market in Vietnam 2015-2019.