How big is the Logic IC Market?

The Logic IC Market size is expected to reach USD 198.36 billion in 2024 and grow at a CAGR of 6.85% to reach USD 276.33 billion by 2029. Read More

What is the current Logic IC Market size?

In 2024, the Logic IC Market size is expected to reach USD 198.36 billion. Read More

Who are the key players in Logic IC Market?

STMicroelectronics, Renesas electronics, Toshiba Corporation, Intel Corporation and Qualcomm Inc. are the major companies operating in the Logic IC Market. Read More

Which is the fastest growing region in Logic IC Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Logic IC Market?

In 2024, the Asia Pacific accounts for the largest market share in Logic IC Market. Read More

What years does this Logic IC Market cover, and what was the market size in 2023?

In 2023, the Logic IC Market size was estimated at USD 184.77 billion. The report covers the Logic IC Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Logic IC Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Logic IC Market - Size, Share & Industry Analysis

Logic IC Industry Overview

The logic IC market is fragmented due to the presence of both global players and small and medium-sized enterprises. Some of the major players in the market are STMicroelectronics NV, Renesas Electronics Corp., Analog Devices Inc., Broadcom Inc., and Diodes Incorporated. The various players in the market are adopting different strategies, such as acquisitions and partnerships, to enhance their product offerings and gain a sustainable competitive advantage.

In April 2024, a long-term agreement was signed between Centrica Energy and STMicroelectronics for the supply of electricity produced from renewable sources in Italy. It is a 10-year contract for energy produced by a new solar farm in Italy.
In April 2024, Renesas started the operation of Kofu Factory, a dedicated wafer fab. It is located in Kai City, Yamanashi Prefecture, Japan. The Kofu Factory previously operated both 150 mm and 200 mm wafer fabrication lines under Renesas Semiconductor Manufacturing Co., a subsidiary of Renesas.