Global semicon market to maintain steady growth till 2015

By : |January 2, 2015 0 Worldwide semiconductor market is forecasted to be $333 billion in 2014, up 9 percent from 2013

USA: The World Semiconductor Trade Statistics (WSTS) has released its updated semiconductor market forecast. WSTS anticipates the world semiconductor market to show a solid growth of 9 percent up to $333 billion in 2014, driven mainly by double digit growth of Memory product category.

All other major product categories are also forecasted to have positive growth rates. The highest growth rates are shown for the Memory (17.3 percent), Discretes (12.3 percent) and Analog (10.3 percent) categories.

By geography, all regions will grow from 2013. The semiconductor market growth will be largely driven by smartphones and automotive.

Worldwide Semiconductor Market is expected to grow further in both 2015 and 2016. All product categories and regions are forecasted to grow steadily, but moderately, under the assumption of a further macro economy recovery throughout the entire forecast period and maturing historically strong markets.

Worldwide semiconductor market is forecasted to be up 3.4 percent to $345 billion in 2015. For 2016, the market is forecasted to be $355 billion, up 3.1 percent.

By end market, automotive and communications are expected to grow stronger than the total market, whereas consumer and computer are assumed to remain almost flat.

Regionally, Asia-Pacific will continue to be the fastest growing region and is expected to reach $209 billion in 2016, which is already a share of almost 60 percent of the total semiconductor market.

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