The U.S. semiconductor devices market size was estimated at USD 9.17 billion in 2024 and is projected to grow at a CAGR of 7.3% from 2025 to 2030. The U.S. semiconductor devices market is poised for significant growth driven by its rising demand in applications such as wired communication, consumer electronics, industrial electronics, automotive electronics, wireless communication, and computing data storage, among others. The widespread application of semiconductor devices, coupled with advancements in areas such as 5G and Artificial Intelligence, is expected to fuel market growth in the coming years.

In the U.S. semiconductor devices industry, technological trends center around integrating advanced materials such as GaN (Gallium Nitride) and SiC (Silicon Carbide). These materials, with their wider bandgaps, offer higher voltage resistance, faster switching speeds, and greater thermal efficiency, making them ideal for applications demanding robust performance under stringent conditions. This shift is driving innovations in power electronics and high-frequency devices, enhancing the efficiency and durability of semiconductor components.

The U.S. semiconductor devices industry is witnessing a surge in the adoption of Artificial Intelligence (AI) and Internet-of-Things (IoT)-driven chip designs. Startups are developing multifunctional chipsets that incorporate microcontrollers and analytics directly into IoT devices, moving computing to the edge to reduce latency and vulnerability. AI's integration into semiconductor manufacturing processes is also optimizing design and production workflows, enabling predictive maintenance and improving product quality. This convergence of AI and IoT is fostering the development of smarter, more efficient semiconductor devices that can handle complex computational tasks and enhance industrial applications.

In 2024, The U.S. Department of Energy's Office of Electricity initiated the American-Made Silicon Carbide (SiC) Packaging Prize, a USD 2.25 million contest aimed at encouraging participants to propose, develop, construct, and evaluate cutting-edge SiC semiconductor packaging designs. The competition aims to enhance the performance of these devices in high-voltage settings, particularly in applications such as energy storage. This initiative promotes collaboration among entrepreneurs, innovators, the private sector, and the DOE's National Labs.

U.S. Semiconductor Devices Market Report Segmentation

This report forecasts revenue growth at country level and provides an analysis of the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the U.S. semiconductor devices market report by compound, product, and application:

• Compound Outlook (Revenue, USD Million, 2018 - 2030)
  • GaN
  • GaAs
  • GaP
  • GaSb
  • Sic
  • Others
• Product Outlook (Revenue, USD Million, 2018 - 2030)
  • LED
  • Optoelectronics
  • RF Devices
  • Power Electronics
  • Others
• Application Outlook (Revenue, USD Million, 2018 - 2030)
  • Electronics Consumer Goods
  • Aerospace Defense
  • Telecommunication
  • Others

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Key U.S. Semiconductor Devices Company Insights

Some of the key companies in the U.S. semiconductor devices industry include Samsung Semiconductor, Inc., Qorvo, Inc., Skyworks Solutions, Inc., Intel Corporation, Texas Instruments Incorporated, Broadcom Inc., WOLFSPEED, INC., Analog Devices, Inc., and others. Companies are pursuing strategic initiatives, such as regional expansion and strategic acquisitions, mergers, partnerships, and collaborations, to strengthen their position in the market.

• Samsung Semiconductor, Inc. is a manufacturer of semiconductor products, including SSD, DRAM, LEDs, display ICs, energy storage devices, image sensors, processors, and power ICs. It is a subsidiary of Samsung Electronics, Ltd, a global manufacturer of smartphones, TVs, tablets, wearable devices, network systems, home appliances, foundry solutions, and LED solutions.
• Intel Corporation is the manufacturer of central processing units, semiconductors, and related devices. It manages its business through operating segments, including Data Center and AI, Client Computing Group, Network and Edge, Intel Foundry Services, and Mobileye. The company provides products including processors, systems and devices, AI accelerators, FPGAs and programmable devices, and software solutions.

Key U.S. Semiconductor Devices Companies:

• Samsung Semiconductor, Inc.
• Qorvo, Inc.
• Skyworks Solutions, Inc.
• Intel Corporation
• Texas Instruments Incorporated
• Broadcom Inc.
• WOLFSPEED, INC.
• Analog Devices, Inc.
• Microchip Technology Inc.
• MACOM Technology Solutions Holdings, Inc.
• GlobalFoundries Inc.
• GPD Optoelectronics Corp.
• NTE Electronics, Inc.

Recent Developments

• In February 2024, Qorvo, Inc. introduced four 1200V SiC modules - two full-bridge and two half-bridges-in a compact E1B package with RDS (on) starting at 9.4mΩ. These SiC modules are ideal for energy storage, electric vehicle charging stations, industrial power supplies, and solar power applications.
• In February 2024, Analog Devices, Inc. announced a collaboration with TSMC, a global semiconductor foundry, to provide long-term wafer capacity via Japan Advanced Semiconductor Manufacturing, Inc. (JASM), a majority-owned manufacturing subsidiary of TSMC located in Kumamoto Prefecture, Japan.
• In March 2024, Intel Corporation and the U.S. Department of Commerce announced a non-binding memorandum of terms for around USD 8.5 billion in funding under the CHIPS and Science Act. This funding is intended to support multiple semiconductor manufacturing and research and development projects at its sites in New Mexico, Arizona, Oregon, and Ohio and aims to enhance research and development and semiconductor manufacturing capabilities in the U.S.

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