The Worldwide Semiconductor Market is anticipated to extend 13.9 % in 2022, persevering with to develop by 4.6 % in 2023.

August 22, 2022 — Following a robust progress yr of 26.2 % within the yr 2021, WSTS expects one other yr of double-digit progress for the worldwide semiconductor market in 2022 with a forecast of $633 billion, up 13.9 %.

WSTS forecasts robust chip demand for one more consecutive yr, with most main classes anticipated to see excessive teenagers year-over-year progress in 2022, led by Logic with 24.1 % progress, Analog with 21.9 % progress, and Sensors with 16.6 % progress. Optoelectronics stays the weakest class within the forecast and is anticipated to be roughly flat (+0.2 %) yr over yr.

In 2022, all geographical areas are anticipated to point out progress. The most important area, Asia Pacific, is anticipated to develop 10.5 %. The Americas are anticipated to point out progress of 23.5 %, Europe 14.0 %, and Japan 14.2 %.

Worldwide Semiconductor Market progress is anticipated to develop additional in 2023

For 2023, the worldwide semiconductor market is projected to develop by 4.6 % to US$ 662 billion, pushed by mid-single digit progress of almost all classes. On this newest forecast, the Logic class is projected to achieve US $200 billion in 2023, roughly 30% of the whole market.

All areas are anticipated to develop in 2023.

About WSTS:

World Semiconductor Commerce Statistics (WSTS) was based in 1986 as a non-profit group of semiconductor product corporations and is the business’s solely supply for month-to-month business cargo statistics.

For extra info, please go to the WSTS website online at www.wsts.org.

WSTS Forecast Abstract

Word: Numbers within the desk are rounded to entire hundreds of thousands of {dollars}, which can trigger totals by area and totals by product group to vary barely.