Analysis of Silicon Tuners Market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
According to the latest research by Fact. MR., global shipment of silicon tuners into all end-use device categories is predicted to expand at a CAGR of around 7% during the forecast period, 2021-2031. Since late 2019, silicon tuners have been shipped in large volume into television sets. Industry leaders are already ramping up fifth generation products and experiencing ample demand.
The primary tendency in recent years has been to increase external component integration, which lowers system costs, improves performance, and gives slightly higher margins for silicon tuner manufacturers.
TV sets will account for more than half of total silicon tuner sales by 2021. Satellite STBs will hold for less than a quarter of all shipments in 2021, but smart TV sets are increasingly gaining ground owing to which the sales of silicon tuners is expected to skyrocket.
Despite the fact that the market is still considered as an ocean of untapped potential. Growing competition in the silicon tuner market appears to be lucrative for inventive growth and increased value addition. Players from all over the world are putting their resources into delivering top-notch, reliable products to end users in order to build a loyal customer base.
The global smart TV market is predicted to increase at a 30% CAGR from more than US$145 Bn in 2020 to nearly US$190 Bn in 2021. Companies are resuming operations and adjusting to the new normal as they recover from the COVID-19 impact, which resulted in stringent containment measures such social distancing, remote working, and the shutdown of commercial activities, all of which posed operational issues. The market is expected to reach close to US$285 Bn in 2025, with a CAGR of close to 10%.
The 8K TV is the talk of the town in the smart TV industry. The 8K TV sets have 33 million pixels in comparison to the 8 million pixels in a 4K package. 8K Ultra HD has a resolution that is twice that of 4K Ultra HD and 16 times that of normal HD. In 2020, LG has released three new 8K models, while Samsung will triple its 8K QLEDs this year. As a result, TV manufacturers are promoting 8K TVs as their flagship models for 2021.
Owing to the aforementioned factors of mounting TV industry and the emergence of Smart TV and 8K TV, the sales of silicon tuners are expected to reach a new high over the forecast period.
The Semiconductor Industry Association (SIA) reported that global semiconductor sales totaled US$41.8 Bn in April 2021, up 1.9% from US$41 Bn in March 2021 and 21.7% higher than US$34.4 Bn in April 2020. Despite supply constraints caused by the pandemic, the global semiconductor industry would reach US$522 Bn in 2021, representing a 12.5% year-over-year increase
Consumer electronics, computer, 5G, and automotive semiconductors will continue to rise rapidly. The most key applications driving revenue over the next year are wireless/5G, IoT, and automotive. Within the next two years, 72% of industry professionals anticipate 5G will become a substantial generator of industry revenue.
The growth of silicon tuners is expected to be in synergy with the mounting semiconductor industry which has showcased substantial growth and is expected to provide promising revenue generation over the forecast period.
Many businesses, in manufacturing of semiconductors particularly silicon tuners, are already leveraging developing cloud and Internet of Things (IoT) technologies to streamline operations and boost revenue, contributing significantly to Industry 4.0 and market growth. Industry 4.0 is a vision of future products that enables for not only cheaper costs but also greater reliability.
Advances in silicon technology have made it possible to create low-cost silicon tuners that can replace the old "can" tuners in recent years. Designers can embed high-performance, low-power tuners directly into the main board with silicon tuners.
The Asia Pacific silicon tuners market is predicted to grow at a CAGR of close to 9% as a result of these factors. Apart from this, the growing number of Chinese manufacturers that are acquiring control over the market and providing such products at less price would aid the regional growth. Furthermore, Japan and India is also projected to witness momentous growth over the forecast period.
Don't Need a Global Report?
Save 40% on Country & Region specific reports
Some of the prominent players in the Silicon Tuners are
These players holds the substantial share of global Silicon Tuners market.
The market is high-volume component in which players caters to high-end manufacturers of sophisticated end-use products. Silicon tuner manufacturing volumes are astonishing, growth rates are promising and annual value is substantial to trail sustainability.
It's a cutthroat market, with only a few significant firms jockeying for position and vying for market share. More than one third of all silicon tuners are sales across the globe is fabricated by Silicon Labs, NXP, MaxLinear, Sony and STMicroelectronics.
Common organic growth strategies of improving silicon tuners efficiency, reliability and other associated applications have been witnessed across the regional players.
However, the market for silicon tuners appears to be relatively open for opportunities, as much more research is currently being conducted, paving the road for the product's innovative growth. Key players are investing in and increasing the reliability of silicon tuners all around the world.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments by product type, by end use industry type and by geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
- Premium Report Details -
- Let's Connect -
- Quick Contact -
- Get Started -
Get insights that lead to new growth opportunitiesPre Book
Get A Special pricing for start-ups and universitiesEnquiry Before Buying
- Humble, Yet Honored -
- Related Reports -
The silicon tuners market is likely to grow at a CAGR of 7% during the forecast period
The market is expanding since Industry leaders are upgrading fifth-generation products and fronting generous demand.
Manufacturers are likely to find the most opportunities in the Asia Pacific.
Need An Exclusive Report For Your Unique Requirement?