Industry Forecast Projects Sales Will Increase 15.9 Percent In 2018 And 2.6 Percent In 2019
WASHINGTON—Dec. 3, 2018—The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design, and research, today announced worldwide sales of semiconductors reached $41.8 billion for the month of October 2018, an increase of 12.7 percent from the October 2017 total of $37.1 billion and 1.0 percent more than last month’s total of $41.4 billion. Monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. Additionally, a newly released WSTS industry forecast was revised upward and now projects annual global market growth of 15.9 percent in 2018 and 2.6 percent in 2019.
“The global semiconductor industry posted solid year-to-year growth in October and is on pace for its highest-ever annual sales in 2018, but growth has moderated in recent months,” said John Neuffer, president and CEO, Semiconductor Industry Association. “Although strong sales of DRAM products continue to boost overall market growth, sales in all other major product categories also increased year-to-year in October, and all major regional markets posted year-to-year gains. Double-digit annual growth is expected in 2018, with more modest growth projected for 2019.”
Regionally, year-to-year sales increased in China (23.3 percent), the Americas (14.1 percent), Europe (7.0 percent), Japan (5.5 percent), and Asia Pacific/All Other (3.7 percent). Compared with last month, sales were up in the Americas (2.8 percent), Asia Pacific/All Other (1.8 percent), Japan (0.4 percent), and Europe (0.2 percent), but down slightly in China (-0.4 percent).
Additionally, SIA today endorsed the WSTS Autumn 2018 global semiconductor sales forecast, which projects the industry’s worldwide sales will be $477.9 billion in 2018. This would mark the industry’s highest-ever annual sales, a 15.9 percent increase from the 2017 sales total of $412.2 billion. WSTS projects year-to-year increases across all regional markets for 2018: the Americas (19.6 percent), Asia Pacific (16.0 percent), Europe (13.2 percent), and Japan (9.6 percent). In 2019, growth in the semiconductor market is expected to moderate, with annual sales projected to increase by 2.6 percent. WSTS tabulates its semi-annual industry forecast by convening an extensive group of global semiconductor companies that provide accurate and timely indicators of semiconductor trends.
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The Semiconductor Industry Association (SIA) is the voice of the U.S. semiconductor industry, one of America’s top export industries and a key driver of America’s economic strength, national security, and global competitiveness. Semiconductors – microchips that control all modern electronics – enable the systems and products we use to work, communicate, travel, entertain, harness energy, treat illness, and make new scientific discoveries. The semiconductor industry directly employs nearly a quarter of a million people in the U.S. In 2017, U.S. semiconductor company sales totaled $189 billion, and semiconductors make the global trillion-dollar electronics industry possible. SIA seeks to strengthen U.S. leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration and other key industry stakeholders to encourage policies and regulations that fuel innovation, propel business and drive international competition. Learn more at www.semiconductors.org.
World Semiconductor Trade Statistics (WSTS) is an independent non-profit organization representing the vast majority of the world semiconductor industry. The mission of WSTS is to be the respected source of semiconductor market data and forecasts. Founded in 1986, WSTS is the singular source for monthly industry shipment statistics.