Strong Demand Coupled with Rising ASPs Will Propel Semiconductor Sales Past $675b in 2022
Updates to Semiconductor Market Research Services on Website & Mobile App
- ForecastPro Module
- Semiconductors - V22.03
Semiconductor sales soared 26% in 2021, fueled by the economic rebound from the pandemic and from the ongoing digital transformation of the economy. Semiconductor sales are expected to increase 15% in 2022 driven by the 5G proliferation, continued buildout of IT infrastructure, and the ongoing economic recovery. Inflationary pressures, coupled with robust demand and persistent shortages, should keep IC ASPs elevated in 2022. The rapid recovery in Auto and Industrial will boost growth in Analog and Discrete by 18% in 2022. Logic sales are expected to increase 15% this year thanks to ongoing expansions in the Cloud and 5G ramp. Memory is expected to follow closely with sales increasing 15%.
Get the latest analysis of new developments in semiconductor market and research analysis.
Subscribers can view the full article in the TechInsights Platform.
You must be a subscriber to access the Manufacturing Analysis reports & services.
If you are not a subscriber, you should be! Enter your email below to contact us about access.
More To Explore
Sign up for latest analysis, news and insights from TechInsights!
Revealing the innovations others cannot inside advanced technology products
1891 Robertson Rd #500, Nepean, ON K2H 5B7
Copyright © 2023 TechInsights Inc. All rights reserved.