WSTS marks America up for 2015 boom
This, together with strength in the market in the Asia-Pacific region, has led WSTS to increase its annual growth estimate worldwide for 2015. WSTS now forecasts the market for semiconductors in the Americas region will enjoy 15.0 percent annual growth in 2015, a mark up from 5.3 percent growth figure given in December 2014 (see Chip market forecast raised for 2014, 2015).
Forecasts for the other main geographic regions have also been altered with a more pessimistic view taken for Europe and Japan and a higher growth figure plugged in for the Asia Pacific region. Europe has been marked down to a contraction in dollar terms of 2 percent compared with growth of 1.5 percent. Japan’s chip market is expected to contract by 3.7 percent compared with a near break-even of -0.3 percent figure given in December 2014. Finally the Asia-Pacific market is expected to grow by 4.2 percent slightly stronger than the 3.8 percent given before.
As a result worldwide semiconductor market growth has been marked up to 4.9 percent the previous forecast of 3.4 percent. The worldwide estimate for 2016 growth has not been changed and remains at 3.1 percent.
WSTS has altered its forecast for 2015 by growth in semiconductor product categories. The growth for optoelectronics chip market in 2015 is now forecast to be 8.8 percent, up from 4.9 percent given out by WSTS in December. In contrast, the sensors market is now set for 1.5 percent growth in 2015 compared with 6.1 percent given out by WSTS in December.
WSTS did not give any rationale for the big jump in the growth forecast for the Americas region chip market.
By end market, automotive and communications are expected to grow stronger than the total market, whereas consumer and computer are assumed to rermain almost flat. Regionally, Asia-Pacific will continue to be the fastest growing region and is expected to reach US$209 billion in 2016, which is already a share of almost 60 percent of the total semiconductor market.
Related links and articles:
News articles:
IC Insights halves sensor growth forecast
Chip market forecast raised for 2014, 2015
European chip market turns ‘schizophrenic’
Which chip categories markets’ growth will beat the average?
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