• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer
  • Home
  • Subscribe
  • Your Membership
    • Edit Your Profile
  • Services
    • Advertising
    • Case studies
    • Design
    • Email marketing
    • Lead generation
    • Magazine
    • Press releases
    • Publishing
    • Sponsored posts
    • Webcasting
    • Webinars
    • White papers
    • Writing
  • Shop
    • My Account
    • Cart
  • About
    • Contact
    • Privacy
    • Terms of use
  • Events

Robotics & Automation News

Market trends and business perspectives

  • News
  • Features
  • Sections A-Z
    • Agriculture
    • Aircraft
    • Artificial Intelligence
    • Automation
    • Autonomous vehicles
    • Business
    • Computing
    • Construction
    • Design
    • Drones
    • Economy
    • Energy
    • Engineering
    • Environment
    • Health
    • Humanoids
    • Industrial robots
    • Industry
    • Infrastructure
    • Investments
    • Logistics
    • Manufacturing
    • Marine
    • Material handling
    • Materials
    • Mining
    • Promoted
    • Research
    • Robotics
    • Science
    • Sensors
    • Service robots
    • Software
    • Space
    • Technology
    • Transportation
    • Warehouse robots
    • Wearables
  • Video
  • Webinars
  • White papers
  • Press releases
  • Featured companies
    • AMD Xilinx
    • BlueBotics
    • Elite Robot
    • RGo Robotics
    • SICK Sensor Intelligence
    • Vicor Power

Semiconductor robot market set to grow to more than $1 billion

April 18, 2023 by Mark Allinson Leave a Comment

The global market for semiconductor robots is anticipated to be worth $1.1 billion in 2023 and to grow at a CAGR of 17.5 percent to $5.6 billion by the end of the forecast period, according to Fact.MR. 

Due to their wide range of uses in consumer electronics, automobiles, medical devices, and other products, semiconductors are in high demand worldwide.

To meet this demand, semiconductor manufacturers are increasing their production capacity and implementing semiconductor robots for a better result.

The automotive, medical, electronic, and aerospace industries have consistently forecasted a healthy compound annual growth rate of over 5.0 percent, and it is anticipated that they will continue to do so during the forecast period.

Due to this, there is now a significant demand for semiconductors, which are widely used for a variety of purposes including blood pressure monitors, magnetic resource imaging, and navigation control.

Why is the US market forecasting a high demand for robots that use semiconductors?

By the end of the forecast period, it is expected that the US semiconductor robot will have grown at a CAGR of 18.2 percent and be worth $817.9 million.

Since the US has a strong economy and is expected to have a high demand for consumer electronics as well as massive data centres to store enormous amounts of data, which require semiconductors, the US is investing in semiconductor manufacturing, which opens the door for semiconductor robots.

Market titans key strategies

Prominent semiconductor robot manufacturers are Samsun Electronics, Intel, SK Hynix, Qualcomm, Broadcom, Micron, Texas Instrument, Microchip, STMicroelectronics, NXP Semiconductors, and other players.

Manufacturers are focused on expanding their territories across emerging nations to gain high-profit margins. Hence, acquisition and collaboration are preferred strategies for the market titans willing to expand their business.

Companies in the semiconductor robot market are dedicated to providing after-sale robot services, and technical assistance to maintain a good relationship with semiconductors manufacturers.

Fact.MR has provided detailed information about the price points of key manufacturers of semiconductor robot positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Print Friendly, PDF & Email

Share this:

  • Print
  • Facebook
  • LinkedIn
  • Reddit
  • Twitter
  • Tumblr
  • Pinterest
  • Skype
  • WhatsApp
  • Telegram
  • Pocket

You might also like…

Filed Under: Features, Manufacturing Tagged With: billion, demand, electronics, forecast, high, high-growth, manufacturers, market, percent, period, robot, robots, semiconductor, semiconductors

Join the Robotics & Automation News community

Reader Interactions

You must log in to post a comment.

Primary Sidebar

Latest articles

  • 3 Best Site to Buy Instagram Followers UK (Real & Cheap)
  • Email Marketing Automation with Retainly
  • Top 10 Amazing Tips to Transport Your Car in 2023
  • Maximizing Profit on Amazon: Utilizing the Amazon FBA Calculator and Analyzing Price History
  • North America Becomes the Fastest-Growing Regional Market for New Battery Facilities in 2022
  • The Ultimate Guide to Artist Alley: Con Prep and the Magic of Acrylic and Custom Keychains
  • Choosing a Robotic Spindle for Deburring
  • The Future of Modern Application Development with .NET
  • Here are 3 Ways That You Can Use Baking Soda for Office Cleaning
  • How to Get a Crypto Trading Bot

Most Read

  • Snapchat Plus Planet Order 2023 Explained
    Snapchat Plus Planet Order 2023 Explained
  • Why is Money Important in Our Lives?
    Why is Money Important in Our Lives?
  • Top 20 electric vehicle charging station companies
    Top 20 electric vehicle charging station companies
  • Difference Between Three-Phase and Single-Phase Power
    Difference Between Three-Phase and Single-Phase Power
  • The Future of Personal Computers: What to Expect in the Next Decade
    The Future of Personal Computers: What to Expect in the Next Decade
  • Why is My Car Key Stuck in the Ignition?
    Why is My Car Key Stuck in the Ignition?
  • Top 20 programmable logic controller manufacturers
    Top 20 programmable logic controller manufacturers
  • Scientists have found more water in space than they ever knew possible
    Scientists have found more water in space than they ever knew possible
  • Siemens unveils its first virtual PLC and new automation products
    Siemens unveils its first virtual PLC and new automation products
  • 5 Reasons Why You Should Invest in Tesla this 2023
    5 Reasons Why You Should Invest in Tesla this 2023

Overused words

ai applications automated automation automotive autonomous business companies company control customers data design development digital electric global industrial industry logistics machine manufacturing market mobile operations platform process production robot robotic robotics robots safety software solution solutions system systems technologies technology time vehicle vehicles warehouse work

Secondary Sidebar

Latest news

  • 3 Best Site to Buy Instagram Followers UK (Real & Cheap)
  • Email Marketing Automation with Retainly
  • Top 10 Amazing Tips to Transport Your Car in 2023
  • Maximizing Profit on Amazon: Utilizing the Amazon FBA Calculator and Analyzing Price History
  • North America Becomes the Fastest-Growing Regional Market for New Battery Facilities in 2022
  • The Ultimate Guide to Artist Alley: Con Prep and the Magic of Acrylic and Custom Keychains
  • Choosing a Robotic Spindle for Deburring
  • The Future of Modern Application Development with .NET
  • Here are 3 Ways That You Can Use Baking Soda for Office Cleaning
  • How to Get a Crypto Trading Bot

Footer

We are…

Robotics and Automation News was established in May, 2015, and is now one of the most widely-read websites in its category.

Please consider supporting us by becoming a paying subscriber, or through advertising and sponsorships, or by purchasing products and services through our shop – or a combination of all of the above.

Thank you.

Independent

Archivists

April 2023
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
« Mar   May »

Complex

Old-skool

This website and its associated magazine, and weekly newsletter, are all produced by a small team of experienced journalists and media professionals.

If you have any suggestions or comments, feel free to contact us at any of the email addresses on our contact page.

We’d be happy to hear from you, and will always reply as soon as possible.

Future-facing

Free, fair and legal

We support the principles of net neutrality and equal opportunities.

Member of The Internet Defense League

Copyright © 2023 · News Pro on Genesis Framework · WordPress · Log in

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT