Japan Analog IC Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.74 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Japan Analog IC Market Analysis
The Japanese analog IC market was valued at USD 7.23 billion in the previous year. It is expected to register a CAGR of 5.74%, reaching USD 10.22 billion by the end of the forecast period. Japan's consumer electronics industry, one of the largest in the world, is one of the most significant factors driving the demand for analog ICs in the country.
- As per the Japan Electronics and Information Technology Industries Association (JEITA), due to the strong export performance of electronic devices and components that go along with the rising percentage of electronic components in vehicles and the effect of rising 5G measurement demand on electric measuring instruments, domestic production by the Japanese electronics industry increased by 2% to JPY 11,124.3 billion in 2022.
- It is anticipated that the production of electronic components and semiconductors will increase in 2023 as a result of increased investments in digitalization, industrial automation, and environmental protection, causing domestic output to increase by 3% annually to JPY 11,402.9 billion. These factors may drive market growth during the projected period.
- Analog IC design focuses on creating circuits that operate in and are optimized for continuous time-domain behavior. With all the basic devices in an IC responding to continuous time stimulus, analog design forms the foundation for all IC design. Modern IC technology has many design challenges. There is significant variability in the manufacturing process for advanced technology nodes. The operation of a high number of devices on advanced ICs also results in variability, which manifests as changes in operating voltage, operating temperature, and performance. Analog design must compensate for these effects to ensure essential qualities like fidelity/precision, consistency, and performance.
- As the nation attempts to restore its semiconductor manufacturing sector, which was hampered by COVID-19-related supply chain disruptions, Japan is presently experiencing a scarcity of qualified workforce. The five years between now and 2030 are "the last and biggest chance for Japan's semiconductor industry to regain its footing" after years of losing global market share, according to an electronics industry body representing major manufacturers like Toshiba and Sony in an appeal to the Ministry of Economy, Trade, and Industry in May 2022. According to the Japan Electronics and Information Technology Industries Association (JEITA), in order to stay up with the rate of investment, eight major companies will need to employ roughly 35,000 engineers.
Japan Analog IC Market Trends
General Purpose IC (Power Management) Sub-segment is Expected to Hold a Considerable Share
- An integrated circuit that regulates the host system's power usage is known as a power management IC (PMIC). PMICs are used to generate an effective power supply in battery-operated portable electronics, including laptops, tablets, and smartphones.
- According to Business Insider, Japan has the third-largest economy in the world. According to the International Monetary Fund, this year will see the country's economy develop more quickly than it has at any point in the previous 12 years. Japan's expanding economy is promoting a thriving mobile sector. In 2022, 85% of the population in Japan used smartphones, and this percentage is expected to rise. Such an increase in smartphone use will drive market growth for power management ICs during the forecast period.
- Besides consumer electronics, PMICs are extremely utilized in automotive electronics. Japan has the third-largest automotive-producing industry. According to METI Japan, in 2022, 6.57 million passenger cars were produced in Japan. This growing trend may drive the market's growth for PMIC during the forecast period.
- In November 2022, Renesas Electronics Corporation revealed a cutting-edge vehicle power management IC (PMIC) for use in next-generation automotive camera applications. The RAA271082 is a flexible multi-rail power IC that complies with ISO-26262. It has a primary high-voltage synchronous buck regulator, two secondary low-voltage synchronous buck regulators, and a low-voltage LDO regulator.
- The company announced to acquire Steradian Semiconductors Private Limited on August 2022. The company wants to provide comprehensive automotive radar systems that integrate object identification software, power management ICs (PMICs), and timing devices with ADAS SoCs (System-on-Chips) for processing radar information. Together, these technologies may accelerate the development of new products and simplify the design of automotive radar systems.
Application-specific IC for Automotive is Expected to Hold a Considerable Share
- Application-specific ICs are designed for automotive end equipment, such as the infotainment systems that include information and passenger electronics systems. In addition, the ICs are also offered to the factory-installed GPS in automotive.
- The nation's major demand for analog ICs comes from the automobile industry. The development of autonomous cars is also boosting demand for analog integrated circuits. Some other trends that drive the application of analog ICs are increased connectivity, 5G capability, OTA updates, and more AI. In terms of increased connectivity, IoT is driving connected vehicles, and the need for onboard car communication devices is increasing as it allows quick access to data through smartphones.
- For instance, current law in Japan permits self-driving vehicles up to level 3, and commercial vehicles have been equipped with functions up to that level. In August 2022, the Japanese government passed a bill to introduce new rules for next-generation mobility, like unmanned self-driving vehicles, automated delivery robots, and electric kick scooters. Under the revised law, a licensing system would be introduced for operators of transport services using unmanned vehicles with Level 4 autonomy, which requires no driver in the remotely monitored vehicle within a limited area.
- According to JAMA, bus production increased 116.58% in the country between January 2022 - January 2023 compared to passenger cars and trucks. This growing trend will likely accelerate the market's growth for analog IC during the forecast period.
Japan Analog IC Industry Overview
The Japanese analog IC market is moderately consolidated. Some key players operating in the country are Analog Devices KK, STMicroelectronics NV, Mitsubishi Electric Corporation, and Skyworks Solutions Inc. The companies focus on product innovations, partnerships, and collaborations to remain in the competition.
- June 2022 - Toshiba and Japan Semiconductor Corporation created an analog method with an integrated non-volatile memory (eNVM) for automotive applications. According to claims, the 0.13-micron process for analog ICs offers an optimized mix of techniques and devices for automotive analog circuits and eNVM on a single chip, according to rated voltage, performance, reliability, and cost. Numerous automotive applications employ analog ICs, including motor driver ICs. The market for analog ICs is anticipated to continue expanding as more cars become electrified and ADAS-equipped.
- July 2022 - Tokyo-based Mitsubishi Electric Corporation announced the launch of a 50W silicon radio-frequency (RF) high-power metal-oxide-semiconductor field-effect transistor (MOSFET) module for use in high-frequency power amplifiers of commercial two-way radios. The model, which offers a power output of 50W in the 763 MHz to 870 MHz band and high total efficiency of 40%, is expected to help expand the radio communication range and reduce power consumption.
Japan Analog IC Market Leaders
Renesas Electronics Corporation
Analog Devices KK
Mitsubishi Electric Corporation
Skyworks Solutions Inc.
STMicroelectronics
*Disclaimer: Major Players sorted in no particular order
Japan Analog IC Market News
- February 2023 - Spinnaker Systems Inc., a Japanese supplier and distributor of semiconductor intellectual property (SIP) and EDA tools, and Xiphera Ltd developed and deployed hardware-based security for ASICs and FPGAs and have begun working together. As a result of the cooperation, a co-marketing, sales, product delivery, and customer support program is now available for the Japanese semiconductor sector. Through their partnership, Xiphera and Spinnaker are able to offer the full range of cryptographic IP cores from Xiphera for ASIC and FPGA circuits, including hash algorithms, symmetric and asymmetric ciphers, a True Random Number Generator, full protocol implementations for TLS and MACsec, and the recently launched xQlave product family of post-quantum cryptographic algorithms for defense against attacks from quantum computers.
- July 2022 - Tower Semiconductor, a leading foundry of high-value analog semiconductor solutions, and Cadence Design Systems Inc. announced a partnership to accelerate automotive and mobile IC development. In order to give customers a faster design cycle while maintaining comprehensive design verification for advanced automotive IC product development, the companies are collaborating to develop a new, comprehensive automotive reference design flow using the Cadence Virtuoso Design Platform and Spectre Simulation Platform.
Table of Contents
1. INTRODUCTION
1.1 Study Assumption and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Consumers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain/Supply Chain Analysis
4.4 Impact of Macroeconomic Factors on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rising Penetration of Smartphones, Feature Phones, and Tablets
5.2 Market Restraints
5.2.1 Increasing Design Complexity of Analog IC
5.2.2 Requirement of Skilled Workforce
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 General-purpose IC
6.1.1.1 Interface
6.1.1.2 Power Management
6.1.1.3 Signal Conversion
6.1.1.4 Amplifiers/Comparators (Signal Conditioning)
6.1.2 Application-specific IC
6.1.2.1 Consumer
6.1.2.1.1 Audio/Video
6.1.2.1.2 Digital Still Camera and Camcorder
6.1.2.1.3 Other Consumers
6.1.2.2 Automotive
6.1.2.2.1 Infotainment
6.1.2.2.2 Other Infotainment
6.1.2.3 Communication
6.1.2.3.1 Cellphone
6.1.2.3.2 Infrastructure
6.1.2.3.3 Wired Communication
6.1.2.3.4 Short Range
6.1.2.3.5 Other Wireless
6.1.2.4 Computer
6.1.2.4.1 Computer System and Display
6.1.2.4.2 Computer Periphery
6.1.2.4.3 Storage
6.1.2.4.4 Other Computers
6.1.2.5 Industrial and Others
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Analog Devices KK (Analog Devices Inc.)
7.1.2 Renesas Electronics Corporation
7.1.3 STMicroelectronics
7.1.4 Skyworks Solutions Inc.
7.1.5 Mitsubishi Electric Corporation
7.1.6 Rohm Semiconductor
7.1.7 NXP Semiconductors NV
7.1.8 Microchip Technology Inc.
7.1.9 Infineon Technologies AG
7.1.10 Texas Instruments Incorporated
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
Japan Analog IC Industry Segmentation
Analog integrated circuits were created mainly by hand calculations and employing process kit components before microprocessors and other software-dependent design tools were developed. Operational amplifiers, linear regulators, oscillators, active filters, and phase-locked loops are all created using analog integrated circuit architecture. When constructing an analog integrated circuit, the properties of the semiconductor, such as power dissipation, gain, and resistance, are of more importance.
The Japanese analog IC market is segmented by type (general purpose IC (interface, power management, signal conversion, amplifiers/comparators (signal conditioning)), application-specific IC (consumer (audio/video, digital still camera and camcorder), automotive (infotainment), communication (cell phone, infrastructure, wired communication, short range), computer (computer system and display, computer periphery, storage), industrial and others)). The market sizes and forecasts are provided in terms of value in USD billion for all the above segments.
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Frequently Asked Questions
What is the current Japan Analog IC Market size?
The Japan Analog IC Market is projected to register a CAGR of 5.74% during the forecast period (2024-2029)
Who are the key players in Japan Analog IC Market?
Renesas Electronics Corporation , Analog Devices KK, Mitsubishi Electric Corporation, Skyworks Solutions Inc. and STMicroelectronics are the major companies operating in the Japan Analog IC Market.
What years does this Japan Analog IC Market cover?
The report covers the Japan Analog IC Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan Analog IC Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Japan Analog IC Industry Report
Statistics for the 2024 Japan Analog IC market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Japan Analog IC analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
