2025 Market Size Estimated at US$151.2 Bil.
Market research firm IC Insights said in its report on Sept. 22 that the global foundry market is expected to grow 23 percent to US$107.2 billion this year. For reference, the market grew 23 percent in 2017 to show the highest annual growth rate ever. It also said that the market is expected to reach US$151.2 billion in 2025 by showing an average annual growth of 11.6 percent.
“Foundry companies such as TSMC are expected to grow more rapidly than the foundry arms of Samsung Electronics, Intel, and the like and the former’s sales and sales growth rate for this year are estimated at US$87.1 billion and 24 percent, respectively,” it said, adding, “The latter, that is, integrated device manufacturers are expected to grow 18 percent this year and their average annual growth rate until 2025 is estimated at 9 percent.”
According to industry sources, the actual figures may be somewhat different with the market changing rapidly. “These days, global automakers are expanding their partnerships with semiconductor manufacturers, supply chains are in the process of reshaping worldwide, and integrated device manufacturers are increasing their presence,” one of them explained, adding, “GM is in pursuit of a closer relationship with semiconductor manufacturers and its cooperation with an integrated device manufacturer such as Samsung Electronics may be announced in the near future.”
“In addition, integrated device manufacturers can get an opportunity with foundry companies such as TSMC continuing to raise the prices of their products and market participants expressing concerns over TSMC’s oligopolistic market share,” it said.