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TAP TIMES -23- FEBRUARY 2022

Semiconductor sales forecast: expected to rise 11% in 2022 to an all-
11% growth this year time high of $565.1 billion and the rest of
the semiconductor market — consisting
SCOTTSDALE, Arizona — Above aver- of optoelectronics, sensors/actuators, and
age increases are expected in all ma- discretes (collectively, O-S-D devices)—is
jor product categories, which will lift also projected to grow 11% this year to a
the global market to record-high rev- record-high $115.5 billion.
enues in 2022 despite growth rates
easing from last year’s economic re- This O-S-D forecast is based on IC In-
bound, says IC Insights sights’ Semiconductor Industry Flash Re-

port.
Record high forecast
Total semiconductor sales in 2022 are Economic turnaround
forecast to grow 11% and reach a record- In the 2021 economic turnaround, unit
high $680.6 billion after worldwide rev- shipments of many widely used semi-
enues climbed 25% in the 2021 economic conductor products could not keep up
rebound from the 2020 outbreak of the with increasing demand from system and
Covid-19 virus crisis, according to the equipment manufacturers — including
January IC Insights Semiconductor Indus- carmakers—that struggled to keep up with
try Flash Report. recoveries in their own markets.

The report shows the total semiconduc- Unit purchases of ICs climbed 22% while
tor market growing at a low double-digit shipments of O-S-D devices increased
rate in 2022 (see figure). Sales growth is 20%, according to IC Insights.
expected to slow, but remain above aver-
age, in all major semiconductor product Amazing gains
categories. Those are amazing gains considering that
over the past 10 years, IC shipments have
Worldwide integrated circuit revenues are increased by a compound average growth

growth rate (CAGR)
of 7.4% and O-S-D
units have increased
by a CAGR of 4.7%.

The new McClean
Report 2022 fore-
casts that more
than 1.3 trillion
semiconductor de-
vices — about 432.0
billion ICs and
889.3 billion O-S-D
devices — are ex-
pected to ship in
2022, an increase of
10% for both seg-
ments.
icinsights.com