From GlobeNewswire: 2025-05-27 09:00:00

The Industrial Semiconductor Market was valued at USD 87.14 billion in 2024 and is projected to reach USD 228.35 billion by 2032, growing at a CAGR of 12.86%. This growth is driven by automation, AI, and technological advancements in industries like manufacturing and automotive. Companies like YASKAWA Electric and Qualcomm are leading the innovation with new solutions.

In 2024, the Single-Mode segment dominated the Industrial Semiconductor Market with a 76.00% revenue share, while the Multi-Mode segment is expected to grow at the fastest CAGR of 14.25% from 2025 to 2032. Memory Devices led the market in 2024 with a 31.09% share, while Discrete Power Devices are projected to grow the fastest.

The Networking and Communications segment held the largest share of the Industrial Semiconductor Market in 2024, driven by the expansion of 5G infrastructure. The Automotive segment is expected to grow the fastest from 2025 to 2032, fueled by advancements in ADAS and EV powertrains. Asia Pacific, Europe, Middle East & Africa, and Latin America are key drivers of growth in the market.

In May 2025, Taiwan’s industrial semiconductor output is set to rise by 19.1%, reaching USD 210 billion, driven by strong growth in IC manufacturing and design. Light Shift Energy plans to build Vermont’s largest battery storage system at a semiconductor facility, enhancing energy efficiency. Asia Pacific leads the market, with Europe and other regions also contributing to growth.



Read more at GlobeNewswire: Industrial Semiconductor Market to Reach USD 228.35 Billion