Semi sales to reach $680bn this year
Above average increases are expected in all major product categories, which will lift the global market to record-high revenues in 2022 despite growth rates easing from last year’s economic rebound, says report.
Total semiconductor sales in 2022 are forecast to reach a record-high $680.6 billion.
Figure 1In the 2021 economic turnaround, unit shipments of many widely used semiconductor products could not keep up with increasing demand from system and equipment manufacturers—including carmakers—that struggled to keep up with recoveries in their own markets.
Unit purchases of ICs climbed 22% while shipments of O-S-D devices increased 20%l Those were amazing gains considering that over the past 10 years, IC shipments have increased by a CAGR of 7.4% and O-S-D units have increased by a CAGR of 4.7%.
The new forecasts that more than 1.3 semiconductor devices—about 432.0 billion ICs and 889.3 billion O-S-D devices—are expected to ship in 2022, an increase of 10% for both segments.