Like many other markets, the ongoing economic recession has had considerable impact on the semiconductor industry with sales declined steeply worldwide. The systemic financial crisis has significantly resulted into lack of liquidity in the market, reduced industrial productions and weak consumer confidence, leading to poor demand for electronic components and devices all over the world.
According to our latest research report “Semiconductor Industry Forecast to 2012”, the global semiconductor sales are projected to report a steep decline of double-digit rate in 2009. However, as the crisis starts to tail off later this year, the market will see a possibly improved scenario in 2010 and afterwards, and could grow at a CAGR of over 10% by 2012.
Integrated circuits or ICs remains the most dominant segment of the semiconductor industry, accounting for around 84% of the total revenue in 2008 followed by optoelectronics, discrete and sensors. Our research projects that future growth will be driven by the sensors segment followed by the optoelectronics, ICs and discrete semiconductors with CAGR projected at around 14.4%, 11.5%, 10.1% and 7.8% respectively for the period 2010-2012.
At regional level, our research projects that Asia-Pacific will account for more than half of the semiconductor market by the end of forecast period. Countries such as India and China will fuel demand for semiconductors in the Asia-Pacific region in upcoming years.
“Semiconductor Industry Forecast to 2012” provides extensive research and thorough analysis of the semiconductor market across the globe. The report critically examines and provides unbiased view into the state of the global semiconductor industry, including current and future market size across various segments. It also highlights various potential application areas that continue to grow despite the global crisis.
Our report helps the clients to analyze trends and developments in the semiconductor market, giving exclusive insight into future potential of various countries analyzed in it. The report features exclusive forecast for various semiconductor segments including: integrated circuits, discrete semiconductors, optoelectronics, sensors, wafer processing equipment, assembly & packaging equipment, testing equipment, wafer fabrication materials and packaging material.
