News Article
Market Research
The US Semiconductor Industry Association has issued its 2002-2005 forecast.
Growth this year of about 1.8% is expected to be followed by 19.8% in 2003
and 21.7% in 2004. In the latter year, sales are expected to surpass the
peak in 2000. In 2005, flat growth is expected leaving the industry with
global sales of $206bn.
The US Semiconductor Industry Association has issued its 2002-2005 forecast.
Growth this year of about 1.8% is expected to be followed by 19.8% in 2003
and 21.7% in 2004. In the latter year, sales are expected to surpass the
peak in 2000. In 2005, flat growth is expected leaving the industry with
global sales of $206bn.
Over the longer term, growth rates are expected to be more modest than in
the past at 8-10%. Historical growth has been at the 16% level. The
prospects for the European market are a 9.0% decline this year followed by
18% growth to $36bn in 2003, 19% to $39bn in 2004 and a 1.0% decrease to
$38bn in 2005.
Growth this year of about 1.8% is expected to be followed by 19.8% in 2003
and 21.7% in 2004. In the latter year, sales are expected to surpass the
peak in 2000. In 2005, flat growth is expected leaving the industry with
global sales of $206bn.
Over the longer term, growth rates are expected to be more modest than in
the past at 8-10%. Historical growth has been at the 16% level. The
prospects for the European market are a 9.0% decline this year followed by
18% growth to $36bn in 2003, 19% to $39bn in 2004 and a 1.0% decrease to
$38bn in 2005.
Gartner Dataquest is forecasting 12.1% growth in the world semiconductor
market in 2003. Sales next year are estimated at $171.8bn. A broader-based
recovery - particularly for wired communications - is not expected until
2004.
