Semi sales to reach $680bn this year

Above average increases are expected in all major product categories, which will lift the global market to record-high revenues in 2022 despite growth rates easing from last year’s economic rebound, says report.

Total semiconductor sales in 2022 are forecast to reach a record-high $680.6 billion.

Figure 1

Worldwide IC revenues are expected to rise 11% in 2022 to an all-time high of $565.1 billion and the rest of the semiconductor market—consisting of optoelectronics, sensors/actuators, and discretes (collectively, O-S-D devices)—is also projected to grow 11% this year to a record-high

In the 2021 economic turnaround, unit shipments of many widely used semiconductor products could not keep up with increasing demand from system and equipment manufacturers—including carmakers—that struggled to keep up with recoveries in their own markets.

Unit purchases of ICs climbed 22% while shipments of O-S-D devices increased 20%l Those were amazing gains considering that over the past 10 years, IC shipments have increased by a CAGR of 7.4% and O-S-D units have increased by a CAGR of 4.7%.

The new McClean Report 2022 forecasts that more than 1.3 trillion semiconductor devices—about 432.0 billion ICs and 889.3 billion O-S-D devices—are expected to ship in 2022, an increase of 10% for both segments.


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