Japan Semiconductor Device Market Size (2024 - 2029)

Japan Semiconductor Device Market Analysis

The Japan Semiconductor Device Market size is estimated at USD 50.29 billion in 2024, and is expected to reach USD 65.39 billion by 2029, growing at a CAGR of 5.39% during the forecast period (2024-2029).

The Japanese government is taking stringent measures to revive its industries, such as consumer electronics and automotive. Also, the government wishes to reduce the clustering of production facilities in one place to reduce production dependency on geographical constraints. 

• The semiconductor industry is estimated to continue its robust growth during the forecast period to accommodate the increasing demand for semiconductor materials in emerging technologies, such as artificial intelligence (AI), autonomous driving, the Internet of Things, and 5G, coupled with competition among key players and consistent spending on R&D.
• By 2025, the semiconductor industry is set to experience significant benefits from the ongoing development and innovation in connectivity, communications, the automotive industry, and data centers. The increase in the consumption of electronic components used in the navigation of automobiles, safety, and infotainment further contributes to the growth of the semiconductor sector.
• Semiconductors are used extensively across electronic devices, such as smartphones, LED TVs, flat-screen monitors, and civil aerospace and military systems. The semiconductor industry is also likely to benefit from progress in biometrics capabilities. The growing demand for smartphones and technologically advanced products, such as wearable gadgets, etc., is also impacting the market's growth.
• The automation and electrification of automobiles have been driving increased demand for semiconductor wafers. Semiconductor ICs with varied functionalities are used in various automotive products, such as infotainment systems, navigation control, and collision detection systems. The inclusion of such features has an impact on automobile sales.
• Further, Data-heavy Internet of Things (IoT) devices represent another emerging market for the semiconductor industry. Industry 4.0 is one segment of industrial automation, and IoT also includes wearables, aviation, healthcare, smart homes, smart metering, smart farms, smart logistics, and more.
• Similarly, in August 2022, Toshiba Electronic Devices and Storage Corporation launched the TWxxNxxxC series, a third-generation silicon carbide (SiC) MOSFETs with low on-resistance and significantly reduced switching loss. The products reduce on-resistance per unit area (RDS(ON)A) by approximately 43%, allowing for an 80% reduction in the drain-source on-resistance gate-drain charge (RDS(ON) Qgd). This critical index represents the relationship between conduction loss and switching loss.

Japan Semiconductor Device Industry Segmentation

A semiconductor device is an electronic element that relies on the electronic properties of semiconductor material for its function. Its conductivity lies between conductors and insulators. Semiconductor devices have substituted vacuum tubes in most applications. They conduct electric current in the solid state instead of as free electrons across a vacuum or as free electrons and ions through an ionized gas.

The study includes different device types, such as discrete semiconductors, optoelectronics, sensors, and integrated circuits (analog, logic, memory, and micro (microprocessors, microcontrollers, and digital signal processors)) for different end-user verticals, including automotive, communication (Wired and Wireless), consumer electronics, industrial, and computing/data storage. The market sizes and forecasts are provided in terms of value (USD) for all the above segments.