WSTS expects the world semiconductor market to be down 2.4% in 2016 at $327 billion with growth returning in 2017 and 2018. For 2016, growth in Optoelectronics (1.8%), Sensors (7.6%), and Analog (1.0%) is expected to be offset by declines in Memory (-10.2%) and Logic (-2.5%). By geography, for 2016, declines are expected across all regions with the largest decline in Americas.
For 2017 and 2018, all major product categories and all regions are forecasted to grow reaching $341 billion in 2018. As a result, the worldwide semiconductor market is forecast to be up ~2% year-on-year in both 2017 and 2018.
By region, a positive growth rate is projected for all regions in 2017 and 2018. The Americas and Asia Pacific regions are expected to show the highest growth rate accounting for approximately 80% of the market.
WSTS Forecast Summary
From the spring 2016 Forecast Meeting, held 24-26 May 2016.