Semiconductor Industry Association (SIA) and World Semiconductor Trade Statistics (WSTS) analysts have forecasted an increased growth in 2014 and 2015, due to double-digit increases in monthly semiconductor sales YoY.

"The global semiconductor market maintained its strong momentum in April, with YoY sales increasing across every region and product category," SIA president and CEO Brian Toohey stated. "The market remains well ahead of the pace set in 2013, which was a record year for semiconductor revenues. April marked the twelfth consecutive month that YoY sales have increased, and we expect that trend to continue during the remainder of 2014 and into 2015."

According to WSTS, worldwide sales reached $26.34 billion in April 2014, an increase of 11.5 per cent over April 2013. WSTS predicts global semi sales will reach $325.4 billion in 2014, a 6.5 per cent increase from the 2013 sales total and a revision from its fall 2013 forecast, which projected 4.1 per cent growth.

WSTS predicts 3.3 per cent growth globally for 2015, or $336.1 billion in total sales, and 4.3 per cent growth for 2016 to $350.5 billion. Regionally, WSTS expects YoY increases in 2014 for Asia Pacific, Europe and the Americas with a 1.3 per cent decline projected for Japan. Sequential monthly sales increased in all regions except for Europe and the Americas, which saw 0.6 per cent and 1.6 per cent declines, respectively.

By: DocMemory
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