Following 13.7 percent growth in 2018 the Worldwide Semiconductor Market is expected to be down 13.3 percent in 2019 returning to growth in 2020
Earlier this month, Semiconductor Industry Association (SIA) announced worldwide sales of semiconductors reached $98.2 billion during the second quarter of 2019, a small increase of 0.3 percent over the previous quarter, but 16.8 percent less than the second quarter of last year. Global sales for the month of June 2019 were $32.7 billion, a decrease of 0.9 percent compared to last month’s total of $33.0 billion, and 16.8 percent less than the June 2018 total of $39.3 billion.
At that point of time, John Neuffer, SIA president and CEO, said, “Year-to-year sales were down across all major regional markets and semiconductor product categories. One silver lining was that sales during the second quarter of 2019 narrowly outpaced sales during the first quarter.”
WSTS has published the Q2 2019 semiconductor market figures and re-calculated the Spring 2019 Forecast using the actual figures of the second quarter 2019.
Now, WSTS has published the Q2 2019 semiconductor market figures and re-calculated the Spring 2019 Forecast using the actual figures of the second quarter 2019.
The Worldwide Semiconductor Market was up 13.7% in 2018 to US$468.8 billion, an all-time high. The year 2019 is forecasted to be down 13.3% to US$406.6 billion. All geographicaalgions are expected to decrease.
For 2020, all regions are forecasted to grow with the overall market up 4.8 percent. Optoelectronics is expected to grow by 8.2 percent, all other products are forecasted to grow low-to-mid single digit compared to 2019.
WSTS Forecast Summary
By replacing the Q2 2019 forecast figures with Q2 2019 actual results, the forecast of the annual growth rates is updated from the 2019 Spring Forecast, published on June 04, 2019. Spring 2019 – Q2 Update.