The United States has been a pioneer in the semiconductor industry since its inception. Companies like Intel, founded in 1968, played a foundational role in the development of the modern semiconductor market. Silicon Valley, located in the southern part of the San Francisco Bay Area, is renowned as a global hub for technology and innovation. It is home to many semiconductor companies and has played a central role in the development of the industry. The U.S. semiconductor industry is particularly strong in integrated circuit (IC) design. American companies are leaders in designing and developing advanced semiconductor chips used in various electronic devices.

The United States has consistently held a significant share of the global semiconductor market. Country-based companies contribute substantially to worldwide semiconductor production and innovation. Furthermore, the U.S. semiconductor industry invests heavily in research and development. Ongoing R&D efforts focus on creating cutting-edge technologies, such as artificial intelligence (AI), 5G, and quantum computing, to maintain a competitive edge. While the U.S. has been a leader in semiconductor design, the manufacturing landscape has shifted over the years. TSMC (Taiwan Semiconductor Manufacturing Company) and Samsung, both non-U.S. companies, are major players in semiconductor manufacturing.

The semiconductor industry is recognised as critical to national security. The U.S. government and industry leaders are increasingly focused on ensuring a resilient and secure semiconductor supply chain.According to the research report "United States Semiconductor Market Research Report, 2029," published by Actual Market Research, the United States semiconductor market is expected to reach a market size of more than USD 350 billion by 2029. The need for cutting-edge semiconductors is fueled by the rising demand for consumer electronics such as tablets, laptops, smartphones, and other devices. In the consumer sector, demand for semiconductors is driven by innovations in features, processing power, and connection. Furthermore, in the USA, the growth of e-commerce and the optimisation of logistics operations rely on semiconductor-powered technologies. From inventory management to order fulfilment, semiconductors play a crucial role in enhancing efficiency.

The adoption of Industry 4.0 principles, including automation, robotics, and smart manufacturing, relies on semiconductor-based technologies. Manufacturing facilities seek to enhance efficiency and productivity through semiconductor-powered solutions. The U.S. government has expressed support for the establishment and expansion of semiconductor manufacturing facilities in the country. This includes efforts to incentivize private investment in semiconductor fabrication plants (fabs) to enhance domestic production capabilities. The U.S. government has implemented trade and export control measures to address challenges related to semiconductor supply chain security. These measures aim to safeguard critical technologies and prevent potential risks associated with the global semiconductor supply chain.

Furthermore, initiatives to develop a skilled workforce for the semiconductor industry are supported by the government. This includes programmes aimed at enhancing education, training, and workforce development in fields related to semiconductor manufacturing and design. America's leadership in semiconductor production depends on having a skilled labour pool and strong manufacturing capabilities at home. The American economy also depends on a robust domestic semiconductor sector. In the United States, the semiconductor sector has a large economic impact. In 49 states, the semiconductor sector employs over 345,000 individuals who design, manufacture, test, and undertake research and development on semiconductors.

More than 300 downstream industries support more than 26 million American jobs. Based on the device types, they are segmented into memory devices, logic semiconductors, microprocessor units, analogue ICs, optoelectronic semiconductors, discrete semiconductors, power semiconductors, microcontroller units, digital signal processors, and semiconductor sensors, among others. in USA Logic Semiconductors significantly contribute to the market; in the US, the demand for logic semiconductors is driven by the proliferation of consumer electronics and smart devices. Smartphones, tablets, smartwatches, and other gadgets heavily rely on advanced logic chips for processing power, energy efficiency, and improved functionalities. The automotive industry's increasing reliance on electronics, especially for ADAS and in-vehicle connectivity, contributes to the demand for logic semiconductors. These chips enable features such as collision avoidance, adaptive cruise control, and infotainment systems. Furthermore, the rollout of 5G networks requires advanced logic semiconductors to support high-speed data transfer, low latency, and efficient communication.

Logic chips play a crucial role in 5G infrastructure, including base stations and network equipment in the USA. Logic semiconductors are crucial for various defence and national security applications. The U.S. government's emphasis on securing the semiconductor supply chain for strategic reasons contributes to the growth of the segment.In terms of the applications, they are segmented into Networking & Communications, Data Centre/Data Processing, Consumer Electronics, Industrial, Automotive, Government, Healthcare, Aerospace, and Defence. Others, among them in the USA, are Networking & Communications, which is leading the market. One major factor propelling the networking and communication sector has been the introduction and implementation of 5G networks. Advanced semiconductor components are needed for 5G technology in order to provide reduced latency, high-speed data transfer, and device connection.

The growth of data centres to support cloud computing services and storage drives demand for networking semiconductors. These chips are essential for networking equipment within data centres to ensure efficient data transfer and communication. The adoption of high-speed fibre-optic communication networks for both residential and business purposes requires advanced semiconductor components. These components support the transmission of data over optical fibers. Networking infrastructure, including Ethernet switches and routers, relies on specialised semiconductors. The demand for high-performance networking equipment in homes, offices, and data centres contributes to the growth of this segment.Considered in this report:• Geography: United States• Historic year: 2018• Base year: 2023• Estimated year: 2024• Forecast year: 2029Aspects covered in this report:• United States Semiconductor market with its value and forecast along with its segments• Various drivers and challenges• On-going trends and developments• Top profiled companies• Strategic recommendationBy Device Type:• Memory Device• Logic Semiconductors• Microprocessor Unit• Analog IC• Opto Semiconductor• Discrete Semiconductor• Power Semiconductor• Micro Controller Unit• Digital Signal Processors• Semiconductor SensorsBy Application:• Networking & Communications• Data Centre/ Data Processing• Consumer Electronics• Industrial• Automotive• Government• Healthcare• Aerospace and Defense• OthersThe approach of the report:This report consists of a combined approach of primary as well as secondary research.

Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience:This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Semiconductor industry, government bodies, and other stakeholders to align their market-centric strategies.

In addition to marketing & presentations, it will also increase competitive knowledge about the industry..