Global semiconductor market revenue is expected to grow 15.8 percent in 2018, reaching $498 billion by the end of the year, followed by a slowdown to 4.4 percent and 4.3 percent annual growth rates over the next two years, respectively.
- Global semiconductor market revenue is expected to grow 15.8 percent in 2018, reaching $498 billion by the end of the year, followed by a slowdown to 4.4 percent and 4.3 percent annual growth rates over the next two years, respectively.
- With memory excluded, revenue growth would amount to an 8.7 percent increase over last year, which indicates strength in microcomponents (MPUs and MCUs) along with application-specific logic integrated circuits (ICs).
- Equipment revenue growth is expected to be especially high in the automotive market, growing at a compound annual growth rate (CAGR) of 7.4 percent from 2017 through 2022. This growth forecast is based on the expected heightened development of advanced driver-assistance systems (ADAS), strength in connectivity and telematics and increasing sales associated with a range of automotive aftermarket products.
- In the data processing market category, which includes a range of enterprise and personal computing electronics, higher average selling prices (ASPs) are lifting mobile and tablet PCs revenue in 2018, while unit-shipment volume will remain mostly unchanged, compared to the previous year. Reflecting richer system configurations and higher component costs, data center server revenue is also rising, leading to a 10 percent CAGR from 2017 through 2022.
The IHS Markit Application Market Forecast Tool (AMFT) is periodically updated with new application classifications, nomenclature or analysis to reflect the rapidly changing electronics equipment market. Each quarter, application market and device categories are carefully reviewed and revised, including widespread consideration of new additions.