Semiconductor Foundry Market Estimated to Grow with a Healthy CAGR During Forecast Period

Soham27 Jan, 2022Business

According to Market Research Future, the semiconductor foundry market has been segmented based on technology node, industry, foundry type, and region. A Semiconductor Foundry Market is a factory where the components which make up an integrated circuit are made. Increasing demand for semiconductor devices in automobiles, consumer electronics, medical devices, military equipment, and smart home appliances are projected to boost the market over the forecast period. Semiconductor demand has increased due to the need for advanced safety features on cars, mainly for electric and self-driving cars.