The good news is that there is high demand for semiconductor professionals. In fact, according to the Semiconductor Industry Association, the industry will see job growth of 21 percent between 2016 and 2026. So if you’re looking for a stable and growing career, the semiconductor industry is a great option.
According to a recent study, the semiconductor industry is projected to add nearly one million new jobs worldwide by 2030. In light of this rapid growth, semiconductor companies are scrambling to find enough qualified workers to fill these new positions. But just how many jobs are actually available in the industry today? Let’s take a closer look.
Job market for semiconductors
The semiconductor job market is robust. Despite the COVID-19 pandemic, it is anticipated that the sector would swiftly recover and go on expanding steadily in the upcoming years. According to a MarketsandMarkets analysis, the worldwide semiconductor industry is anticipated to reach $511 billion by 2025.
There will be many chances for anyone wishing to enter the sector or develop their careers with such promising growth prospects. Research and development positions will be in high demand as businesses race to create the next generation of semiconductor chips. Sales, marketing, and engineering are further fields with a large number of open positions.
Semiconductor job market outlook
The semiconductor sector is flourishing and provides a range of occupations for people with the necessary skillset in light of the ever evolving technological landscape. Design engineers, process engineers, and quality assurance engineers are among the professions in the highest demand.
According to the U.S. Bureau of Labor Statistics, the need for semiconductor engineers is anticipated to increase by 7% between 2018 and 2028. (BLS). In 2018, these professions made an average of $106,430.
Statistics about how many jobs available in semiconductors
There are many career prospects for people with the necessary abilities in the semiconductor industry, which is a crucial component of the modern economy.
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This below are some statistics we collect based on the data about how many job available in semiconductors in different place:
Semiconductor jobs in the United States
Even if the number of semiconductor employment in the US has decreased recently, the sector is still vital to the economy. The Bureau of Labor Statistics’ latest current data indicates that there were around 208,000 employment in the semiconductor sector in 2018. From a peak of about 300,000 employment in 1990, this number is now lower.
The loss of semiconductor jobs is brought on by a number of things, including automation and international competition. Nevertheless, the sector continues to play a significant role in the American economy, and there are still plenty of decent positions available for people with the necessary qualifications and training.
Semiconductor jobs in Europe
In Europe, there is an increase in semiconductor occupations. Act reports that more than 300,000 people are already working in the sector throughout the continent according to a recent survey by the European semiconductor industry group, ESCA.
This is fantastic news because there are many options for people seeking a career in the semiconductor business.
Semiconductor jobs in Asia
Asia is leading the way in a developing global semiconductor market. A recent research found that over the previous five years, the number of semiconductor employment in Asia increased by about 20%.
Where the semiconductor sector is developing, China and Taiwan have seen the most development. However, Singapore, Malaysia, and India are just a few of the Asian nations that are seeing rapid expansion.
Asia is the region to go if you’re seeking for work in the semiconductor business.
Some common jobs in the semiconductor industry
Here are some common jobs in this industry you can consider:
Average salary: $48.851 per year
To guarantee that materials, goods, and equipment satisfy quality requirements, test technician execute a variety of tests on them. They could also contribute to the creation of test tools for learning about manufacturing procedures or semiconductor devices. These experts frequently work with other engineers and manufacturing workers in the manufacturing division of a semiconductor business.
Field service engineer
Average salary: $68.558 per year
Engineers working in the field install, maintain, and fix machinery used in the production or processing of semiconductors. Additionally, they could go to other businesses to instruct staff members on how to use or fix their equipment. These engineers collaborate with other technical teams and generate installation and technical reports.
Average salary: $109.561
Engineers that specialize in integration create and enhance manufacturing process flows for semiconductor devices and goods. They address low yield problems to increase production rates while maintaining the integrity of the device or product. They also work with other engineers to finish cross-departmental initiatives or improve the performance of new technologies.
Semiconductor jobs growth
With the number of employment in the sector increasing by about 5% in the last year alone, the semiconductor industry is now going through a period of rapid expansion. By 2022, the industry is predicted to have created an extra 7% of employment, continuing the current trajectory.
The semiconductor sector now employs approximately 1.2 million people globally, with the majority of these positions being located in Asia. The majority of semiconductor employment are now located in China, followed by Taiwan and South Korea. With around 350,000 people working in the semiconductor business, the United States is a significant global employment hub.
Semiconductor jobs salary
With an average income of $85,000, semiconductor occupations are among of the highest paying in the nation. With roughly 60,000 employment available each year, the number of jobs in the semiconductor sector has remained stable over the previous few years.
Is semiconduct industry a good career path?
If you’re considering a career in the semiconductor industry, you may be wondering if it’s a good choice. There are many things to consider when making this decision, but overall, the semiconductor industry can be a great place to work.
There are many reasons why the semiconductor industry is a good career path. For one, it is an extremely dynamic and fast-paced industry. This means that there are always new challenges and opportunities to learn and grow. Additionally, the semiconductor industry is global, so there are many opportunities to work with people from all over the world.
The semiconductor industry also offers good job security. Because of the high demand for semiconductors, there is always a need for qualified workers. Additionally, the industry offers good benefits and salaries.
If you’re considering a career in the semiconductor industry, there are many things to keep in mind. However, overall, the semiconductor industry is a great place to work. With its dynamic environment, global reach, and good job security, it’s an excellent choice for those looking to enter the workforce.
How to get a job in semiconductor industry?
The semiconductor industry is a great place to work, and there are many ways to get a job in the industry. One way is to search online for job postings. There are also many websites that list jobs in the semiconductor industry. Another way to find a job in the semiconductor industry is to contact companies directly and ask about open positions. Finally, you can also look for job postings on company websites. Whichever method you choose, make sure to research the company and the position before applying.
The semiconductor industry is a critical part of the global economy and provides high-paying jobs for tens of thousands of people. With so many jobs at stake, it’s important to understand the dynamics of this sector and how it is changing. We hope this post has given you some insights into the semiconductor industry and its future. Please share this post with your friends and neighbors to help them learn about the great opportunities available in this field.