Intel Tops Q1 Chip Sales; Semiconductor Market to Decline 7.2% in 2019
by 
Asia-Pacific continues to dominate the global IC market with the lion’s share of revenues, led by the computer and communications segments. Asia-Pacific is forecast to account for nearly 59 percent of the $285.9 billion IC market in 2014, followed by the Americas region, Europe, and Japan, according to IC Insights Update to the 2014 IC Market Drivers Report.
The two largest end-use market segments—computer and communications—will account for 73.9 percent of the total IC market in 2014. In 2013, the communications segment surpassed the computer segment to become the largest end use market for ICs, and is expected to increase its market share by 1.1 points in 2014, according to the report.
However, the highest growth end markets for ICs are forecast to be automotive and communications from 2013 to 2017, with 11 percent and 7.4 percent compound annual growth rates (CAGRs), respectively. The automotive market is expected to reach $21.4 billion in 2014 and $28.8 billion in 2017.
(Click on image to enlarge.)
Europe is expected to account for the largest share of the automotive IC market in 2014 but with Asia-Pacific’s growing focus on new car sales, IC Insights forecasts the region to hold the biggest share of automotive IC sales in 2016.
Overall, the Asia-Pacific region is expected to gain some market share over the next four years, accounting for 60.9 percent of the total IC market, said IC Insights. Both Europe and Japan are expected to lose share with Japan accounting for only 7.7 percent of the total $330.2 billion market in 2017.
Related posts
