Market Forecast By Applications (Industrial, Automotive, Consumer Electronics, Telecommunication & Others), By Countries (UAE, Kuwait, Oman, Qatar, Saudi Arabia, Turkey, Bahrain & Rest of Middle East) and competitive landscape
Product Code: ETC002309 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Middle East Integrated Circuit market has registered a high growth on account of growing consumer purchasing power, increasing demand for consumer electronics, and surging demand for connected devices in the region. Moreover, the changing government policies to promote foreign direct investment in the country would lead to a further increase in the industrial sector, leading to a surge in demand for the integrated circuit market in the Middle East region during the coming years.
According to 6Wresearch, Middle East Integrated Circuit Market size is anticipated to register growth during 2020-26. The Middle East market is expected to register a decline in demand during 2020, due to the global pandemic COVID-19, which has affected businesses globally. UAE is the leading revenue-generating country in the Middle East integrated Circuit market on account of the growing demand for the smart wearable market in the country; the UAE electronics industry is expected to grow at an exponential rate of over 15% during the forecast period. Saudi Arabia's market is expected to register exponential growth over the forecast period.
Based on applications, the market is segmented into Industrial, automotive, consumer electronics, telecommunication, and others. Consumer electronics is the leading revenue-generating segment in the integrated circuit market owing to the growing demand for wearable electronics in the market.
The Middle East Integrated Circuit market report thoroughly covers the market by applications, and key countries including Turkey, Saudi Arabia, UAE, Qatar, Bahrain, Oman, Kuwait, and the Rest of the Middle East region The Middle East Integrated Circuit market outlook report provides an unbiased and detailed analysis of the on-going Middle East Integrated Circuit market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Middle East integrated circuit market is anticipated to register sound revenues in the upcoming six years on the back of the rising electronic deployment across the region underpinned by the increase in the digital era. As the Middle East is now becoming more digitized in industries like education, healthcare, and the oil & gas industry, strong growth prospects are expected to be witnessed by the integrated circuit market in the region in the coming time zone. On the basis of end-users, Oil and gas industry is expected to be a growth contributor as a result of industrial development especially in Saudi Arabia, Kuwait, and Baku (capital of Azerbaijan), where the industrial engagements are not only confined to the physical labor work but by taking advantage of the digital era, the oil and gas industry is advancing regarding software-based work handling by using mobiles, tablets, and laptops, which tend to provide vital industrial information like stock management, handle orders online and generating customer details. As a result, with the evolving use of electronics, the oil and gas industry is expected to leave a positive impact on the product demand across the region and would spur the potential growth of the Middle East integrated Circuits Market.
Key Highlights of the Report:
Markets Covered
The Middle East Integrated Circuit Market report provides a detailed analysis of the following market segments:
Other Key Reports Available:-
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Middle East Integrated Circuit Market Overview |
3.1 Middle East Integrated Circuit Market Revenues, 2016-2026F |
3.2 Middle East Integrated Circuit Market Revenue Share, By Applications, 2019 & 2026F |
3.3 Middle East Integrated Circuit Market Revenue Share, By Countries, 2019 & 2026F |
3.4 Middle East Integrated Circuit Market Industry Life Cycle |
3.5 Middle East Integrated Circuit Market- Porter’s Five Forces |
4. Middle East Integrated Circuit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Middle East Integrated Circuit Market Trends |
6. Middle East Integrated Circuit Market Overview, By Applications |
6.1 Middle East Integrated Circuit Market Revenues, By Consumer Electronics, 2016-2026F |
6.2 Middle East Integrated Circuit Market Revenues, By Automotive, 2016-2026F |
6.3 Middle East Integrated Circuit Market Revenues, By Industrial, 2016-2026F |
6.4 Middle East Integrated Circuit Market Revenues, By Telecommunication, 2016-2026F |
6.5 Middle East Integrated Circuit Market Revenues, By Others, 2016-2026F |
7. Turkey Integrated Circuit Market Overview |
7.1 Turkey Integrated Circuit Market Revenues, 2016-2026F |
7.2 Turkey Integrated Circuit Market Revenues, By Applications, 2016-2026F |
8. Saudi Arabia Integrated Circuit Market Overview |
8.1 Saudi Arabia Integrated Circuit Market Revenues, 2016-2026F |
8.2 Saudi Arabia Integrated Circuit Market Revenues, By Applications, 2016-2026F |
9. UAE Integrated Circuit Market Overview |
9.1 UAE Integrated Circuit Market Revenues, 2016-2026F |
9.2 UAE Integrated Circuit Market Revenues, By Applications, 2016-2026F |
10. Qatar Integrated Circuit Market Overview |
10.1 Qatar Integrated Circuit Market Revenues, 2016-2026F |
10.2 Qatar Integrated Circuit Market Revenues, By Applications, 2016-2026F |
11. Oman Integrated Circuit Market Overview |
11.1 Oman Integrated Circuit Market Revenues, 2016-2026F |
11.2 Oman Integrated Circuit Market Revenues, By Applications, 2016-2026F |
12. Bahrain Integrated Circuit Market Overview |
12.1 Bahrain Integrated Circuit Market Revenues, 2016-2026F |
12.2 Bahrain Integrated Circuit Market Revenues, By Applications, 2016-2026F |
13. Kuwait Integrated Circuit Market Overview |
13.1 Kuwait Integrated Circuit Market Revenues, 2016-2026F |
13.2 Kuwait Integrated Circuit Market Revenues, By Applications, 2016-2026F |
14. Rest of Middle East Integrated Circuit Market Overview |
14.1 Rest of Middle East Integrated Circuit Market Revenues, 2016-2026F |
15. Middle East Integrated Circuit Market Key Performance Indicators |
16. Middle East Integrated Circuit Market Opportunity Assessment |
16.1 Middle East Integrated Circuit Market Opportunity Assessment, By Applications, 2026F |
17. Middle East Integrated Circuit Market Competitive Landscape |
17.1 Middle East Integrated Circuit Market Revenue Share, By Companies, 2019 |
17.1.1 UAE Integrated Circuit Market Revenue Share, By Companies, 2019 |
17.1.2 Bahrain Integrated Circuit Market Revenue Share, By Companies, 2019 |
17.1.3 Kuwait Integrated Circuit Market Revenue Share, By Companies, 2019 |
17.1.4 Turkey Integrated Circuit Market Revenue Share, By Companies, 2019 |
17.1.5 Qatar Integrated Circuit Market Revenue Share, By Companies, 2019 |
17.1.6 Oman Integrated Circuit Market Revenue Share, By Companies, 2019 |
17.1.7 Saudi Arabia Integrated Circuit Market Revenue Share, By Companies, 2019 |
17.2 Middle East Integrated Circuit Market Competitive Benchmarking, By Operating Parameters |
18. Company Profiles |
19. Key Recommendations |
20. Disclaimer |