Logic IC Market Regional Insights:
North America is expected to hold a significant share of the Logic IC market due to the presence of major semiconductor companies and the increasing demand for consumer electronics and automotive applications. The United States is the largest market for Logic ICs in this region.
The Asia-Pacific region is expected to witness the highest growth rate during the forecast period, mainly due to the increasing adoption of IoT and the growing demand for consumer electronics and industrial automation in countries such as China, Japan, and South Korea.
Europe is also expected to witness significant growth due to the presence of major automotive and industrial automation companies in countries such as Germany and the United Kingdom. The increasing adoption of advanced driver-assistance systems (ADAS) and the growing demand for electric vehicles are expected to drive the demand for Logic ICs in this region.
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