Market Insights Technology Semiconductors Integrated Circuits

Analog Integrated Circuits - Mexico

Mexico

Revenue in the Analog Integrated Circuits market is projected to reach €4.46bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2027) of 7.63%, resulting in a market volume of €5.56bn by 2027.
In global comparison, most revenue will be generated in China (€33,060.00m in 2024).

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Analog Integrated Circuits market in the semiconductor market is expected to grow with a CAGR of nearly 10 % over the next 5 years. The year 2021 was a high growth year for this market with more than 30 % growth compared to the year before. The recovery from the supply chain disruptions and increased selling prices contributed to this high growth.

Over the coming years, the significant demand for general-purpose analog and application-specific analog devices used in communications electronics applications and smartphone applications is expected to drive growth in the market.

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.