Global Semiconductor Sales to Reach USD 354 Bn by 2018, According to In-demand Stellar Analytics Report Available at MarketPublishers.com27 Sep 2017 • by Natalie Aster
LONDON – Worldwide, the sales of semiconductors grew from USD 132 billion in 1996 to USD 338.9 billion in 2016, posting a CAGR of 4.8%. The global sales of semiconductors are forecast to reach USD 346 billion by 2017 and USD 354 billion by 2018-end.
Memory devices such as DRAMs and NAND flash are amid the key factors driving the market growth, which have witnessed considerable price boost and deficient supply.
China dominated the world’s semiconductor market in 2016, accounting for 31.1% with growth of just over 9.2% YoY.
Japan saw a recovery in sales by over 3.8% YoY (USD 32.1 billion in 2016), although still not at the level of 2014.
Over the past few years, logic, analog, memory, and MPU have been the biggest segments of the global semiconductor industry. As of 2016, these products captured 76% of total semiconductor sales.
Samsung Electronics and Apple were still the two leading semiconductor chip buyers as of 2016, accounting for 18.2% of the overall worldwide market. These firms together consumed USD 61.7 billion of semiconductors in 2016, an increase of USD 0.4 billion YoY.
In-demand research report “Semiconductor Industry - Special Report” elaborated by Stellar Analytics offers an all-encompassing analysis of the industry on a global level, as well as provides a detailed forecast of the future growth trajectory of the sector.
The report provides comprehensive information and research pertaining to the specific sector and their usage of semiconductors, gives details about IP networks, blackhaul, power-line communications. Additionally, the research study offers an analysis of the competitive scene and provides a listing of the dominant players operating in the industry.
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