https://www.wsts.org/76/Recent-News-ReleaseThe World Semiconductor Trade Statistics (WSTS) has recently published its latest forecast for the semiconductor market, generated in May 2023.The Global Semiconductor Market is predicted to experience a downturn of 10.3 percent in 2023. However, this is anticipated to be followed by a robust recovery, with an estimated growth of 11.8 percent in 2024.After observing a modest growth of 3.3 percent in the year 2022, WSTS has adjusted its forecast to reflect a more substantial, double-digit decrease in the worldwide semiconductor market for 2023. The estimated market size is projected to reach US$515 billion, indicating a decrease of 10.3 percent. WSTS has adjusted its growth projections downwards in response to increasing inflation and weakening demand in end markets, particularly those relying on consumer spending. Although two primary categories, Discrete and Optoelectronics, are predicted to sustain single-digit year-over-year growth in 2023, at 5.6 percent and 4.6 percent respectively, other categories are anticipated to shift into negative growth. This includes Memory, which is forecasted to decline by approximately 35 percent year over year.For the year 2023, the European and Japanese markets are projected to experience growth, with respective increases of 6.3 and 1.2 percent. Conversely, the remaining regions are anticipated to face a downturn, with the Americas expected to decline by 9.1 percent and the Asia Pacific region by 15.1 percent.Worldwide Semiconductor Market is expected to rebound strongly in 2024Looking ahead to 2024, the global semiconductor market is forecasted to surge by 11.8 percent, amounting to US$576 billion. This expansion is anticipated to be primarily driven by the Memory segment, which is projected to recover to US$120 billion in 2024, marking an over 40 percent increase compared to the previous year. Nearly all other key categories, including Discrete, Sensors, Analog, Logic, and Micro, are projected to exhibit single-digit growth.In terms of regional perspectives, all areas are expected to see sustained growth in 2024. Notably, the Americas and Asia Pacific regions are estimated to showcase robust double-digit year-over-year growth.WSTS Forecast SummaryNote: Numbers in the table are rounded to whole millions of dollars, which may cause totals by region and totals by product group to differ slightly. About WSTS:World Semiconductor Trade Statistics (WSTS) was founded in 1986 as a non-profit organization of semiconductor product companies and is the industry’s only source for monthly industry shipment statistics.For more information, please visit the WSTS web site at www.wsts.org.

https://www.wsts.org/76/Recent-News-ReleaseThe World Semiconductor Trade Statistics (WSTS) has released its new semiconductor market forecast generated in November 2022.The Worldwide Semiconductor Market is expected to slow to 4.4 percent growth in 2022, followed by a decline of 4.1 percent in 2023.Following a strong growth of 26.2 percent in the year 2021, WSTS revised its forecast down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of $580 billion, up 4.4 percent. WSTS forecast lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still expected to see double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory is expected to tourns negative in the forecast and decline with 12.6 percent year over year.In 2022, all geographical regions are seen to show double-digit growth except Asia Pacific. The largest region, Asia Pacific, is expected to decline 2.0 percent. The Americas region is expected to show growth of 17.0 percent, Europe 12.6 percent, and Japan 10.0 percent. Worldwide Semiconductor Market is expected to decline slightly in 2023For 2023, the global semiconductor market is projected to decline by 4.1 percent to US$ 557 billion, driven by the Memory segment. In this latest forecast, this category is projected to fall to US $112 billion in 2023, dropping by 17% compared the previous year. Some other major categories showing single digit growth like Optoelectronics, Sensors, Discrete and Analog.All regions are expected to remain flat in 2023, only Asia Pacific is estimated to decline with 7.5 percent year over year.

https://www.wsts.org/76/Recent-News-ReleaseThe World Semiconductor Trade Statistics (WSTS) has released its new semiconductor market forecast generated in August 2022.WSTS has published the Q2 2022 semiconductor market figures and re-calculated the Spring 2022 Forecast using the actual figures of the second quarter 2022The Worldwide Semiconductor Market is expected to increase 13.9 percent in 2022, continuing to grow by 4.6 percent in 2023.Following a strong growth year of 26.2 percent in the year 2021, WSTS expects another year of double-digit growth for the worldwide semiconductor market in 2022 with a forecast of $633 billion, up 13.9 percent. WSTS forecasts strong chip demand for another consecutive year, with most major categories expected to see high teens year-over-year growth in 2022, led by Logic with 24.1 percent growth, Analog with 21.9 percent growth, and Sensors with 16.6 percent growth. Optoelectronics remains the weakest category in the forecast and is expected to be roughly flat (+0.2 percent) year over year.In 2022, all geographical regions are expected to show growth. The largest region, Asia Pacific, is expected to grow 10.5 percent. The Americas are expected to show growth of 23.5 percent, Europe 14.0 percent, and Japan 14.2 percent. Worldwide Semiconductor Market growth is expected to grow further in 2023For 2023, the global semiconductor market is projected to grow by 4.6 percent to US$ 662 billion, driven by mid-single digit growth of nearly all categories. In this latest forecast, the Logic category is projected to reach US $200 billion in 2023, roughly 30% of the total market.All regions are expected to grow in 2023.