Logic Integrated Circuits - Indonesia

  • Indonesia
  • Revenue in the Logic Integrated Circuits market is projected to reach €0.77bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 16.04%, resulting in a market volume of €1.62bn by 2029.
  • In global comparison, most revenue will be generated in China (€52.12bn in 2024).
 
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Analyst Opinion

The Logic Integrated Circuits market in Indonesia has been experiencing significant growth in recent years, driven by various factors such as customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in the Logic Integrated Circuits market in Indonesia have been shifting towards more advanced and high-performance integrated circuits. As technology continues to advance, customers are demanding faster and more efficient logic integrated circuits to power their devices and systems. This is particularly true in industries such as telecommunications, automotive, and consumer electronics, where there is a growing need for advanced logic integrated circuits to support the development of innovative products. In addition to customer preferences, there are several market trends that are shaping the Logic Integrated Circuits market in Indonesia. One of the key trends is the increasing adoption of artificial intelligence (AI) and Internet of Things (IoT) technologies. These technologies require advanced logic integrated circuits to process and analyze large amounts of data in real-time. As a result, there is a growing demand for logic integrated circuits with high computing power and low power consumption. Another trend in the market is the rising demand for logic integrated circuits in the automotive industry. With the increasing adoption of electric vehicles and autonomous driving technologies, there is a growing need for advanced logic integrated circuits to power the various systems and sensors in these vehicles. This includes logic integrated circuits for power management, sensor fusion, and advanced driver assistance systems. Local special circumstances also play a role in the development of the Logic Integrated Circuits market in Indonesia. The country has a large and growing population, which provides a significant consumer base for electronic products and devices. This creates a strong demand for logic integrated circuits to power these devices, driving the growth of the market. Furthermore, Indonesia has been investing in the development of its semiconductor industry, aiming to reduce its dependence on imported integrated circuits. This has led to the establishment of semiconductor manufacturing facilities in the country, further boosting the growth of the Logic Integrated Circuits market. Underlying macroeconomic factors also contribute to the development of the Logic Integrated Circuits market in Indonesia. The country's strong economic growth and increasing disposable income have fueled the demand for electronic products and devices, driving the need for logic integrated circuits. Additionally, favorable government policies and incentives have attracted foreign investments in the semiconductor industry, further driving the growth of the market. In conclusion, the Logic Integrated Circuits market in Indonesia is experiencing significant growth due to customer preferences for advanced and high-performance integrated circuits, market trends such as the adoption of AI and IoT technologies, local special circumstances including a large consumer base and government support for the semiconductor industry, and underlying macroeconomic factors such as strong economic growth and increasing disposable income.

Methodology

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the money spent at the manufacturer price level (excluding VAT).

Modeling approach / Market size:

Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use the annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.

Vue d’ensemble

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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