Geography Market Size & Share Analysis (2023 - 2040)

Geography Market Analysis

The Geography Market is expected to register a CAGR of 23% during the forecast period.

Second Sub Head

To benefit from the extensive demand scenario, China embarked on strategic initiatives like the "Made in China 2025" plan, under which the Chinese government announced its goal to reach an output of USD 305 billion by 2030 and meet 80% of its domestic demand.

The digital vision in India is a vast opportunity and includes significant economic value. The Indian economy is expected to generate revenue of more than USD 1 trillion by 2022 by implementing the 30 digital themes that are currently planned. With the increase in electronic device manufacturing ecosystems, the growth scope of the semiconductors and electronics market in India is extremely high.

According to the industrial outlook released by South Korea's Ministry of Science and ICT, electronic component production in value grew by 12.5% in 2021 compared to 2020 values. This growth is driven by the continuous demand for semiconductor memory for data centers, edge computing (IoT), automobiles, and 5G smartphones, as well as soaring demand for OLED panels for TV and mobile devices.

Vietnam's electronics industry (EI) is one of the country's fastest-growing and most important industries. The US-China trade war and rising manufacturing costs in China have hugely benefited the Vietnam electronics industry. It captured one of China's most significant shares of electronic industry migration. The Philippines' semiconductor industry, coupled with the electronics industry, is the most critical contributor to the manufacturing sector within the country. While the electronics industry in Indonesia primarily serves the local industry with very little export. Source: https://www.mordorintelligence.com/industry-reports/quartz-market

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New Step First Sub

To benefit from the extensive demand scenario, China embarked on strategic initiatives like the "Made in China 2025" plan, under which the Chinese government announced its goal to reach an output of USD 305 billion by 2030 and meet 80% of its domestic demand.

The digital vision in India is a vast opportunity and includes significant economic value. The Indian economy is expected to generate revenue of more than USD 1 trillion by 2022 by implementing the 30 digital themes that are currently planned. With the increase in electronic device manufacturing ecosystems, the growth scope of the semiconductors and electronics market in India is extremely high.

According to the industrial outlook released by South Korea's Ministry of Science and ICT, electronic component production in value grew by 12.5% in 2021 compared to 2020 values. This growth is driven by the continuous demand for semiconductor memory for data centers, edge computing (IoT), automobiles, and 5G smartphones, as well as soaring demand for OLED panels for TV and mobile devices.

Vietnam's electronics industry (EI) is one of the country's fastest-growing and most important industries. The US-China trade war and rising manufacturing costs in China have hugely benefited the Vietnam electronics industry. It captured one of China's most significant shares of electronic industry migration. The Philippines' semiconductor industry, coupled with the electronics industry, is the most critical contributor to the manufacturing sector within the country. While the electronics industry in Indonesia primarily serves the local industry with very little export. Source: https://www.mordorintelligence.com/industry-reports/quartz-market

Geography Industry Overview

Key Trends 1

To benefit from the extensive demand scenario, China embarked on strategic initiatives like the "Made in China 2025" plan, under which the Chinese government announced its goal to reach an output of USD 305 billion by 2030 and meet 80% of its domestic demand.

The digital vision in India is a vast opportunity and includes significant economic value. The Indian economy is expected to generate revenue of more than USD 1 trillion by 2022 by implementing the 30 digital themes that are currently planned. With the increase in electronic device manufacturing ecosystems, the growth scope of the semiconductors and electronics market in India is extremely high.

According to the industrial outlook released by South Korea's Ministry of Science and ICT, electronic component production in value grew by 12.5% in 2021 compared to 2020 values. This growth is driven by the continuous demand for semiconductor memory for data centers, edge computing (IoT), automobiles, and 5G smartphones, as well as soaring demand for OLED panels for TV and mobile devices.

Vietnam's electronics industry (EI) is one of the country's fastest-growing and most important industries. The US-China trade war and rising manufacturing costs in China have hugely benefited the Vietnam electronics industry. It captured one of China's most significant shares of electronic industry migration. The Philippines' semiconductor industry, coupled with the electronics industry, is the most critical contributor to the manufacturing sector within the country. While the electronics industry in Indonesia primarily serves the local industry with very little export. Source: https://www.mordorintelligence.com/industry-reports/quartz-market

To benefit from the extensive demand scenario, China embarked on strategic initiatives like the "Made in China 2025" plan, under which the Chinese government announced its goal to reach an output of USD 305 billion by 2030 and meet 80% of its domestic demand.

The digital vision in India is a vast opportunity and includes significant economic value. The Indian economy is expected to generate revenue of more than USD 1 trillion by 2022 by implementing the 30 digital themes that are currently planned. With the increase in electronic device manufacturing ecosystems, the growth scope of the semiconductors and electronics market in India is extremely high.

According to the industrial outlook released by South Korea's Ministry of Science and ICT, electronic component production in value grew by 12.5% in 2021 compared to 2020 values. This growth is driven by the continuous demand for semiconductor memory for data centers, edge computing (IoT), automobiles, and 5G smartphones, as well as soaring demand for OLED panels for TV and mobile devices.

Vietnam's electronics industry (EI) is one of the country's fastest-growing and most important industries. The US-China trade war and rising manufacturing costs in China have hugely benefited the Vietnam electronics industry. It captured one of China's most significant shares of electronic industry migration. The Philippines' semiconductor industry, coupled with the electronics industry, is the most critical contributor to the manufacturing sector within the country. While the electronics industry in Indonesia primarily serves the local industry with very little export. Source: https://www.mordorintelligence.com/industry-reports/quartz-market

Below Trends

To benefit from the extensive demand scenario, China embarked on strategic initiatives like the "Made in China 2025" plan, under which the Chinese government announced its goal to reach an output of USD 305 billion by 2030 and meet 80% of its domestic demand.

The digital vision in India is a vast opportunity and includes significant economic value. The Indian economy is expected to generate revenue of more than USD 1 trillion by 2022 by implementing the 30 digital themes that are currently planned. With the increase in electronic device manufacturing ecosystems, the growth scope of the semiconductors and electronics market in India is extremely high.

According to the industrial outlook released by South Korea's Ministry of Science and ICT, electronic component production in value grew by 12.5% in 2021 compared to 2020 values. This growth is driven by the continuous demand for semiconductor memory for data centers, edge computing (IoT), automobiles, and 5G smartphones, as well as soaring demand for OLED panels for TV and mobile devices.

Vietnam's electronics industry (EI) is one of the country's fastest-growing and most important industries. The US-China trade war and rising manufacturing costs in China have hugely benefited the Vietnam electronics industry. It captured one of China's most significant shares of electronic industry migration. The Philippines' semiconductor industry, coupled with the electronics industry, is the most critical contributor to the manufacturing sector within the country. While the electronics industry in Indonesia primarily serves the local industry with very little export. Source: https://www.mordorintelligence.com/industry-reports/quartz-market

scope of report

To benefit from the extensive demand scenario, China embarked on strategic initiatives like the "Made in China 2025" plan, under which the Chinese government announced its goal to reach an output of USD 305 billion by 2030 and meet 80% of its domestic demand.

The digital vision in India is a vast opportunity and includes significant economic value. The Indian economy is expected to generate revenue of more than USD 1 trillion by 2022 by implementing the 30 digital themes that are currently planned. With the increase in electronic device manufacturing ecosystems, the growth scope of the semiconductors and electronics market in India is extremely high.

According to the industrial outlook released by South Korea's Ministry of Science and ICT, electronic component production in value grew by 12.5% in 2021 compared to 2020 values. This growth is driven by the continuous demand for semiconductor memory for data centers, edge computing (IoT), automobiles, and 5G smartphones, as well as soaring demand for OLED panels for TV and mobile devices.

Vietnam's electronics industry (EI) is one of the country's fastest-growing and most important industries. The US-China trade war and rising manufacturing costs in China have hugely benefited the Vietnam electronics industry. It captured one of China's most significant shares of electronic industry migration. The Philippines' semiconductor industry, coupled with the electronics industry, is the most critical contributor to the manufacturing sector within the country. While the electronics industry in Indonesia primarily serves the local industry with very little export. Source: https://www.mordorintelligence.com/industry-reports/quartz-market