Due to the COVID-19 situation, WSTS was unable to have a forecast meeting. This forecast was developed using the online forecast tool by WSTS member companies.THE WORLDWIDE SEMICONDUCTOR MARKET IS EXPECTED TO INCREASE 3.3 PERCENT IN 2020, ACCELERATING TO 6.2 PERCENT IN 2021Worldwide Semiconductor Market is forecasted to be US$ 426 billion in 2020 - an increase of 3.3 percent from 2019The World Semiconductor Trade Statistics (WSTS) has released its new semiconductor market forecast generated in May 2020.WSTS expects the world semiconductor market to be up by 3.3 percent to US$ 426 billion in 2020. This reflects expected increase in Integrated Circuits, except Analog, with an increase from Memory at 15.0 percent, followed by Logic with 2.9 percent. In 2020, Americas and Asia Pacific are expected to grow.Worldwide Semiconductor Market growth is expected to acceleate in 2021For 2021, the global semiconductor market is projected to grow by 6.2 percent, driven by double-digit growth of Memory. All regions are expected to show a positive growth rate.

THE WORLDWIDE SEMICONDUCTOR MARKET IS EXPECTED TO BE DOWN 12.8 PERCENT IN 2019, RECOVERING BY 5.9 PERCENT IN 2020Worldwide Semiconductor Market is forecasted to be US$ 409 billion in 2019 - a decrease of 12.8 percent from 2018The World Semiconductor Trade Statistics (WSTS) has released its new semiconductor market forecast generated in November 2019.WSTS expects the world semiconductor market to be down in 2019 to US$ 409 billion. This reflects expected decrease in almost all major categories, with an extraordinary decrease from Memory at 33.0 percent followed by Analog with 7.9 percent and Logic with 4.3 percent. In 2019, all geographical regions are expected to decrease.Worldwide Semiconductor Market is expected to recover in 2020For 2020, all regions are forecasted to grow with the overall market up 5.9 percent, with Optoelectronics contributing the highest growth followed by Logic.WSTS news link : https://www.wsts.org/76/Recent-News-Release

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 2020WSTS 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.