IC Insights has performed a by product category analysis and the top ten product segments are all expected to exceed 25 percent growth. IC Insights does not ascribe this to raised average selling prices (ASPs), except in the area of memory.
Overall IC Insights expects the worldwide IC to display an increase of 24 percent in 2021, driven by a 21 percent jump in unit shipments and a 2 percent increase in ASPs.
Price strength in DRAM and NAND and better outlook for logic and analog is driving the market growth spurt, IC Insights said. Excluding memory, the total IC market is expected to be up by 21 percent this year.
For 2021, the analog market is expected to surge and display 25 percent growth with a 20 percent jump in unit shipments. As a result of the supply constraints in the analog IC market, a rare rise of 4 percent in the analog ASP is forecast for this year.
The automotive application specific analog segment is forecast to lead the way in analog market growth this year with a 31 percent increase driven almost entirely by a 30 percent increase unit volume shipments.
Logic markets that are expected to register greater than 30 percent growth this year include the Industrial (47 percent), Automotive (39 percent), and Consumer (38 percent) application-specific logic segments and the Display Driver category (31 percent).
The ASP for logic ICs is forecast to drop 5 percent this year but be offset by a massive 30 percent increase in logic unit shipments.
The DRAM market is set to expand by 41 percent in 2021 and the NAND market by 22 percent. For all of 2021, the total memory market is forecast to be up by 32%.
Related links and articles: