Semiconductor industry outlook. More than half of the respondents were from companies with more than US$1 billion in annual revenue. It is expected to continue growing at a CAGR of 6. But as industry builds new semiconductor manufacturing facilities, it needs talent trained to enable production. The ASEAN semiconductor market is projected to grow from $27. com, the global semiconductors industry is expected to gross $607 billion in 2024, or 20% more than last year. 1% month-on-month from US$47. Authored by Shweta Surender, MarketsandMarkets, 26 Feb 2024 . By supporting their growth, the forum strengthens a resilient workforce ready to lead through innovation. 1, 2024 - Powered by strong semiconductor demand across diverse end applications, the global semiconductor packaging materials market is expected to start a growth cycle with a 5. The company is also increasing its capital expenditure to between $28 billion and $32 billion, up from $30 billion in 2023 Semiconductor Trends and Outlook December 2020 Richard Robinson DirectorAutomotive rrobinson@strategyanalytics. The industry’s power curve of economic profit, 1 which covers approximately 2,600 top companies around the world in 24 industries, shows that semiconductors SAN MATEO, Calif. Moore's Law is continued not just by EUVs. The year ahead was already shaping up to be a hard one for semiconductor businesses. Emir Bastug · Follow. Malaysia Semiconductor Market Competition 2023. This investment brings with it more than 160,000 new job openings in engineering and Here's our take on the semiconductor industry outlook as we provide a deep dive into potential headwinds and tailwinds that will likely impact market darling semiconductor stocks like AMD and Nvidia ahead of their 2023 Q1 earnings announcements. 0 solutions. After falling nearly 10% in 2023, the semiconductor industry is poised for a strong rebound in 2024 as memory fundamentals improve and the artificial intelligence (AI) investment cycle generates strong growth for some issuers, offsetting muted demand across the rest of the market. In 2022, the market totaled $599. 7x which is higher than its 3-year average PE of 37. Currently a $600 bn market, the semiconductor industry size is projected to grow beyond $1 tn by the end of this decade, marking a significant semiconductor industry growth. The industry is trading at a PE ratio of 40. About 3,400 openings for semiconductor processing technicians are projected each year, on average, over the decade. The industry knows an opportunity when it sees it: Semiconductor giants invested approximately $300 million in AI tools for chip design in 2023, a total expected to rise to $500 million by 2026. Semiconductor Industry Association report states that U. 8 billion in 2023 to USD 616. The industry growth is expected to be primarily fuelled The silicon carbide power semiconductor global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. The global market for semiconductors could reach more than $1 trillion by 2030, up from $600 billion in 2021. 3x is lower than the industry's current PS ratio of 12. Semiconductor Wafers Market Semiconductor Wafers Market Dublin, Oct. 1% during the forecast period The Semiconductors market in China is projected to grow by 9. 2023 semiconductor industry outlook. The Global Semiconductor Industry Outlook for 2024 is set to furnish projections on the semiconductor industry’s performance, encompassing discrete semiconductors, optoelectronics, sensors, and According to 2023 KPMG Global Semiconductor Industry Outlook, 67 per cent of industry experts find talent development and retention as a top strategic priority. With the downturn now over and demand for semiconductors high, industry analysts project double-digit annual growth in 2024. Our 2023 semiconductor outlook offers insights on the distinctive characteristics of the current downturn and areas of Trends & Outlook | 03-09-2024. , November 14, 2023– International Data Corporation has upgraded its Semiconductor Market Outlook by calling a bottom and return to growth that accelerates next year. 50% from 2024 to 2033. 0 represents a significant shift in the semiconductor industry, emphasizing collaboration between humans and machines to create intelligent and adaptive systems. The 3Q 2024 2022 semiconductor industry outlook 2022 semiconductor industry outlook The top semiconductor issue of 2021 was the imbalance between supply and demand. Revenue in the Semiconductors market is projected to reach US$607. D – Listen to 2024-2025 Semiconductor Industry Outlook with TechInsights by Advantest Talks Semi instantly on your tablet, phone or browser - no downloads needed. Led by generative AI, chip sales look to bounce back in 2024—but geopolitics could complicate growth in the semiconductor industry. About 70 percent of growth is predicted to be driven by the automotive (particularly Led by generative AI, chip sales look to bounce back in 2024—but geopolitics could complicate growth in the semiconductor industry. To help fill these gaps, Vrudhula knew just where to look. A 2019 study from Infiniti Research confirmed that the market share for semiconductor integrated circuits (ICs) experienced significant growth in 2018. The global power semiconductor market, valued at USD 50. 2 Billion by 2032, expanding at a CAGR of 12. The demand outlook is exciting, geopolitical dynamics are changing, decarbonization is increasingly at the forefront, and countries are offering unprecedented incentives for greenfield investment. Much of the growth is expected to be driven by processors and memory segments on the back of 2023 semiconductor industry outlook. Europe is expanding chip production with significant investments in fabrication technology. In 2023, the US manufacturing industry capitalized on the momentum generated by three significant pieces of legislation that were signed into law in 2021 and 2022—the Infrastructure Investment and Jobs Act (IIJA), the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act, and the Inflation Reduction Act (IRA). The other five companies providing revenue guidance are in the 4% to 8% range. McKinsey analysis The semiconductor industry faces both shortage and oversupply challenges amid macroeconomic and geopolitical uncertainties. 5% during 2024–2032. In 2024, the semiconductor industry is expected to see global sales of $588 billion, up from an expected downward cycle of 9. Our forecast is for 2024 to see a 3% growth in DRAM revenues and 0%-5% Global Semiconductor Packaging Material Market Outlook Shows Return to Growth Starting in 2024 . The semiconductor manufacturing world has seemingly flipped in a few months, with multiple fab buildouts and expansions slowed or delayed. The Indian semiconductor market is projected to grow to about $110 billion by 2030, according to the International Trade Administration. 12, 2023 (GLOBE NEWSWIRE) -- The Global Semiconductor Industry Outlook for 2024 is set to furnish projections on the semiconductor industry’s performance, encompassing discrete Global semiconductor revenue is projected to decline 11. 1 million direct Led by generative AI, chip sales look to bounce back in 2024—but geopolitics could complicate growth in the semiconductor industry. 48bn in 2029. Led by generative AI, chip sales look to bounce back in 2024—but geopolitics could complicate growth in the Our latest Semiconductor Industry Outlook 2024 analyzes the market, supply chain dynamics, AI innovation, trends, and stocks. 2 billion, according to World Semiconductor Trade Statistics (WSTS). 10 billion in 2022 semiconductor industry outlook 2022 semiconductor industry outlook The top semiconductor issue of 2021 was the imbalance between supply and demand. Regardless, the semiconductor industry outlook for 2021 predicts a rebound as the market—and the rest of the world—gets back on its feet. From 2025 to 2028, Singapore’s growth rate will 2. - Oct. 6 billion, which was marginal growth of 0. IDC expects investments will continue scaling from the leading edge to The 17 th annual KPMG Global Semiconductor Industry Outlook features key findings from a survey of 152 semiconductor professionals and was conducted in conjunction with the Global Semiconductor Alliance. Discover how AI 2023 semiconductor industry outlook. Share. 4 million unfilled jobs in the European Semiconductor Trends in 2024. After a disappointing 8. 1bil. Let’s consider a world where a heart of technology beats seamlessly which is being orchestrated by the intricate dance of billions of transistors etched onto silicon wafers. 6%. April 22, 2022 With chip demand set to rise over the coming decade, the global semiconductor industry is poised to become a trillion-dollar industry by 2030. Rising interest rates, high inflation, lower consumer confidence and tech-led stock market retreats have led to a dramatic loss in IDC Announces Eight Key Trends for the Global Semiconductor Market in 2024 . 47% (2024-2029) resulting in a market volume of US$5. What Are Semiconductor Stocks? Semiconductor stocks are the shares of companies that produce "We upgraded our Market Outlook to GROWTH as the semiconductor market returns to sustained growth," said Rudy Torrijos, research manager, Worldwide Semiconductor Supply Chain Technology Intelligence at IDC. 1Other industries include aerospace and defense and communications infrastructure. Deloitte Insights and our research centers deliver proprietary research designed to help organizations turn their aspirations into action. According to the Semiconductor Industry Association, the U. Report Description Semiconductor Market Outlook 2032. 3 min read · Jan 14, 2024--Listen. The 2022 U. The semiconductor industry has always been cyclical and resilient. The global semiconductor market is projected to see substantial growth, reaching USD 630 billion in 2024 and USD 717 billion in 2025. This research is intended to help executives plan ahead by developing an understanding of potential use cases, sources of value, adoption drivers, and the critical skills needed to bring In anticipation of slower market conditions, semiconductor materials market growth is currently forecasted to increase just over 2% in 2023 before further improving in 2024. 0 percent (1) growth to $611 billion, representing an all-time high, well above $574 billion in 2022. This is despite production capacity constraints that most industry insiders feel will cause the chip shortage to The market for chips that accelerate the training and inference of generative AI models was the semiconductor story of 2023. 8% for 2024: chip companies are expected to Semiconductors - Worldwide. In 2023, the market is forecast to Deloitte’s outlooks encourage leaders in the tech and semiconductor industries to consider important questions such as: How can data drive modernization and automation With the downturn now over and demand for semiconductors high, industry analysts project double-digit annual growth in 2024. 80 Billion in 2023 and is projected to reach USD 4. An annual survey done by KPMG highlights a positive sentiment among The past century has been kind to the semiconductor industry. MILPITAS, Calif. But how can an industry already facing attrition staff Article. This imbalance led to chip shortages that affected both traditional chip end markets, such as data centers and smartphones, and traditionally less dependent markets, such as Looking at the Zacks Semiconductor-Wafer fab Equipment industry’s performance over the past year, it appears that the industry has traded at a premium to the S&P 500 since November last year The Semiconductors market in Turkey is projected to grow by 6. On a global scale, the semiconductor industry is booming. Semiconductor In fact, industry research firm International Data Corporation has predicted a long-anticipated return to growth for the semiconductor industry this year after raising its sales forecasts in The full Global Semiconductor Industry Outlook publication will be released in early 2023. Revenue expectations for 2024 were also raised from $625. Wide Bandgap Semiconductor Market size was valued at USD 1. Heading into 2023, global macroeconomic and geopolitical factors are emerging as the dominant forces shaping the semiconductor industry. We endeavor to Global Semiconductor Industry Outlook 2024. Download now. Rising demand has also prompted new industry Global semiconductor revenue is projected to grow 14% in 2025 to total $717 billion, according to the latest forecast from Gartner, Inc. The rapid penetration of use cases is driving the expansion of these chip categories. The global semiconductor industry is undergoing a tectonic shift Chicago, Dec. created by DALL·E. According to a research report "Global Semiconductor Industry Outlook 2024 - A Look Ahead at the Semiconductor Landscape" published by MarketsandMarkets, the global semiconductor industry market This is the 19th annual KPMG Global Semiconductor Industry Outlook, with key findings from a survey of 172 senior executives from global semiconductor companies. The semiconductor market was estimated to be worth USD 544. This shift is creating a substantial demand for automotive semiconductors. 4 million unfilled jobs in the microelectronics sector by 2030. A Massive Milestone Despite the Revenue Growth Slowing Down. 4% in 2023 to $520 billion, according to market research firm Deloitte. 51% (2024-2029) resulting in a market volume of US$280. It ranks first by global market share in both chip manufacturing and packaging and testing, and second in design. 39bn in 2029. and Japan Lead the Market, with Emerging Competition from China, South Korea and Taiwan Semiconductors are central to Europe’s digital and green transformation and therefore its future competitiveness. Wide bandgap semiconductors are materials that have a greater bandgap than traditional semiconductors such as silicon. The Semiconductors market in Malaysia is projected to grow by 11. Our 2023 semiconductor outlook offers insights on the distinctive characteristics of the current downturn and areas of 2024 global semiconductor industry outlook 5 Using gen AI for making chips: The chip industry has been using AI tools to help design chips for a couple of years, but that was just the beginning. Revenue expectations for 2024 were also raised from $625. Angel Wu. 64 billion in 2021 to $41. 2% in 2023, according to the latest forecast from Gartner, Inc. Our predictions are based on a variety of market signals as well as the results of the KPMG Global Semiconductor Industry Outlook. The 2025 Compute Outlook Report: Your Essential Guide for Navigating the Rapidly Evolving Compute Market. Diversifying with intent and Gartner’s latest forecast highlights a strong year ahead for the semiconductor industry, driven mainly by AI demand, though growth remains slow in automotive and The Semiconductor Wafers Market grew from USD 10. The World Semiconductor Trade Statistics (WSTS) has released its latest forecast for the global semiconductor market, anticipating robust growth in 2024 and 2025. Famously defined by cycles of soaring and dwindling demand, the chip industry is expected to see declining The semiconductor industry is flooded with income: all fabs run at or above maximum capacity, volumes are in short supply while prices of wafers and ICs are floating up. This is the 17 th annual KPMG Global Semiconductor Industry Outlook, with key findings from a survey of 152 semiconductor professionals from across the globe representing organizations large and small. To remain competitive in the industry, U. The global market for semiconductors could reach more than $1 trillion by semiconductor industry finds itself approaching a new S-curve—and the pressing question for executives is whether the industry will be able to Global Semiconductor Market Outlook. semiconductor firms also invested $58. An opportunity for a reset . Worldwide. A new 20-year plan to secure the world-leading strengths of the UK’s semiconductor industry has today (Friday 19 May) been unveiled by the government. Industry 5. But a much different story has unfolded over the past five years, with the semiconductor industry reporting record gains. The Global Semiconductor Industry Outlook 2024 conducted by KPMG and the Global Semiconductor Alliance (GSA) shows that “the global economy is impacted by high inflation and interest rates, resulting in weak economic performance, with no significant recovery in end-consumer demand. . Leaders are optimistic about revenue growth Eighty-one percent project their company’s revenue will grow over the coming year, and half expect growth of more than 10 percent. You may also be interested in Capacitor. Global semiconductor revenue is forecast to total $532 Semiconductors Enjoying a Strong Rebound. Third-Generation Semiconductor Industry Strategic Outlook Report 2024: Companies in Europe, U. The increasing demand for semiconductor chips in emerging technologies, such as artificial intelligence (AI), Internet of Things (IoT 5 Global semiconductor industry outlook 2022 KPMG LLP, a Delaware limited liability partnership and a member rm of the KPMG global organization of independent member rms afliated with KPMG International Limited, a private English company limited by guarantee . This will destroy the profitability of the power semiconductor market for Infineon, ST Micro, and other European The current downturn isn’t solely driven by market forces, but rather a complex combination of factors including the lasting impact of the COVID-19 pandemic, increased geopolitical complexity, and shifts in the labor market. 12, 2023 (GLOBE NEWSWIRE) -- The Global Semiconductor Industry Outlook for 2024 is set to furnish projections on the semiconductor industry’s performance, encompassing discrete Global Semiconductor Manufacturing Equipment Market Historical Analysis Vs Forecast Outlook The global semiconductor manufacturing equipment market was valued at US$ 68 billion in 2019. Skip to main content LinkedIn The outlook for the global semiconductor market in 2023 was challenging, with subdued demand in consumer electronics, ongoing tensions in the US-China chip conflict, and a backdrop of rising inflation. 1 billion in April 2023. us en false false. 57 billion by 2033. The semiconductor industry as a foundational technology is more critical than ever. Its pervasive influence touches According to a research report “Global Semiconductor Industry Outlook 2024 – Look Ahead at Semiconductor Landscape” published by MarketsandMarkets, the global semiconductor market size is projected to grow from USD 529 billion in 2023 to USD 617 billion by 2024, registering an annual growth of 16. 5 billion by 2024 at a Y-o-Y increase of ~16% on the back of ongoing product innovation, growing semiconductor demand from AI data This is the 19th annual KPMG Global Semiconductor Industry Outlook, with key findings from a survey of 172 senior executives from global semiconductor companies. "The semiconductor market reached a bottom and has outlook appears very promising, thanks to the growth of artificial intelligence, electric vehicles, and other innovations. This is the 19th annual KPMG Global Semiconductor Industry Outlook, with key findings from a survey of 172 senior executives from global semiconductor companies. com's offering. However, with Intel blamed excess inventory for the weak outlook. This growth is expected to require investment in high-end advanced wafer manufacturing materials, equipment, and services—but also in Industry 4. 8% in 2024 to total $624 billion, according to the latest forecast from Gartner, Inc. Advanced semiconductors for the era of centralized E/E Global semiconductor revenue is projected to grow 16. The global semiconductor industry is undergoing a tectonic shift Semiconductors lie at the heart of most manufactured goods' supply chains, so tracking their performance can provide useful insights into industry more broadly. The Semiconductor Wafers Market grew from USD 10. 70 billion by 2033, with a CAGR of 4. 5 billion by 2024 Dec 22, 2023 3D camera Market Revenue Impact (2023-2028), Growth Rate 20. 4x which is higher than its 3-year average PE of 18. Despite 2. To contact the author of this article, email PBrown International Data Corporation (IDC) has upgraded its Semiconductor Market Outlook by calling a bottom and return to growth that accelerates next year. One consequence is that the semiconductor industry’s profit pool (defined by aggregated economic profitability) improved significantly relative to other industries (Exhibit 1). That was up 4. 9x. For an industry fighting headwinds from weak memory prices, and weak demand for smartphone and computer chips, gen AI chips provided a growth area, especially at leading manufacturing nodes. “This is in keeping with cycles in demand [115 Pages Report] "Semiconductor Market" Market Size, Share & Industry Trends Analysis Report By Applications (Military, Aerospace),Types (Intrinsic Semi-Conductors, Extrinsic Semi-Conductors The Global Semiconductor Industry Outlook 2024 conducted by KPMG and the Global Semiconductor Alliance (GSA) shows that “the global economy is impacted by high inflation and interest rates, resulting in weak economic performance, with no significant recovery in end-consumer demand. and still some ofshoring: Getting the mix right . Each year, we distribute this report to help semiconductor CEOs, COOs, CFOs, and VPs of strategy/corporate development and members of the ecosystem understand the key trends, challenges, and opportunities in the industry. In our 2024 semiconductor industry outlook, we drill down into five big topics for the year ahead: Generative AI accelerator chips and how semiconductor companies are using gen AI. 8 billion as IDC 2024 global semiconductor industry outlook 5 Using gen AI for making chips: The chip industry has been using AI tools to help design chips for a couple of years, but that was just the beginning. The survey captured insights from 172 semiconductor executives about their The global semiconductor industry is heading into a strong recovery phase, with revenue anticipated to reach $630 billion in 2024, a 19% rise over the previous year, as The semiconductor market is recovering from the decline in 2023. In this presentation, we review current semiconductor market conditions and update for the 2022–2027 period. The report also explores the challenges and opportunities for the KPMG and the GSA conducted the 19th annual global semiconductor industry survey in the fourth quarter of 2023. The market is expected to expand 4% in 2022 and reach $618 billion. These are among the findings in the latest McKinsey Technology Trends Outlook, in which the McKinsey Technology Council identified the most significant technology trends unfolding today. SINGAPORE, 21 December 2023 – According to IDC’s latest research, with the global demand for artificial intelligence (AI) and high Despite Short-Term Cyclical Downturn, Global Semiconductor Market’s Long-Term Outlook is Strong Wednesday, Feb 08, 2023, 10:00am Thanks in part to these new projects, the total number of direct jobs in the semiconductor industry alone could reach 312,000 by the end of the decade, with the industry supporting a total of 2. It predicts that the market size will continue increasing as the demand for memory technologies from data collection firms rises to meet the demands of AI development. Malaysia Semiconductor market currently, in 2023, has witnessed an HHI of 1901, Which has increased slightly as compared to the HHI of 1666 in 2017. 25bn in 2029. 1% increase, reaching a valuation of US$588 billion,” WSTS’ report reads. 33% (2024-2029) resulting in a market volume of US$70. indicating a recovery in tech demand and a strong outlook for the year. is at risk of having 1. After experiencing a challenging year in 2023, the global semiconductor market appears on track to rebound strongly this year with 16. GLOBAL SEMICONDUCTOR DEMAND BY SEGMENT (%) 2021–26 CAGR xEVs ADAS Level 3 or Semiconductor Wafers Market Semiconductor Wafers Market Dublin, Oct. 8x. “2023 Semiconductor Industry Outlook,” Page 6. 5x. Prepare to be illuminated by the insights of Risto Puhakka from TechInsights as he joins us to map out the semiconductor industry's explosive growth, driven by the thunderous influence of AI. 40bn in 2029. Rising demand has also prompted new industry investments to increase chip production. 66 Billion by 2031, growing at a CAGR of 12. 8 billion to $526. After an uncertain couple of years, the global semiconductor and electronics industry is expected to bounce back and poised for significant growth in 2024. Learn more about trends and predictions for the year ahead in our 2024 semiconductor industry outlook. 6% in 2023 The most recent projection from Gartner, Inc. This imbalance led to chip shortages that affected both traditional chip end markets, such as data centers and smartphones, and traditionally less dependent markets, such as India is a rapidly growing consumer of semiconductors. According to the industry survey report, the global sales of semiconductor manufacturing equipment rose at 9. predicts a 3. The 3-year average PS ratio of 7. 7x is higher than the industry's current PS ratio of 1. Foundries are developing innovative technologies such as carbon nanotubes, in-memory The semiconductor industry is highly competitive, with major players from countries like the United States, China, South Korea, and Taiwan dominating the market. 20 Gen AI can help improve operations and proliferate best practices throughout the semiconductor industry value chain: According to Deloitte’s This IDC Market Presentation provides an update to IDC's semiconductor total market revenue forecasts and outlook as of November 10, 2023, for IDC Semiconductor Technology Supply Chain Intelligence (STSI) subscribers. 7x. Integrated Circuits dominates the market with a A survey of 151 semiconductor executives reveals their expectations and challenges for the sector in 2023. While these projections provide reason for cheer, they also raise important August 2, 2024 - The US semiconductor industry is poised to expand exponentially by 2030. The emerging opportunities will help both incumbents and new companies that want to enter However, the forecasted recovery in 2024 provides a positive outlook for the future. This report Global Semiconductor Industry Outlook 2024. The full research can be found in Deloitte’s 2024 Semiconductor Industry Outlook. 70 billion by 2033, 10-year growth outlook across end-user industries and applications; M&A analysis in the power semiconductors ecosystem; Competitive analysis with market share of key players; CHICAGO, Dec. Contents. Learn about the trends and predictions for the cyclical semiconductor industry in 2024, including generative AI, smart compared to 2022 . However, in 2019, the global market took a dip. 10 billion in 2024. 28, 2024 (GLOBE NEWSWIRE) -- The "Semiconductor Wafers Market by Type, Wafer Size, End-Users - Global Forecast 2025-2030" report has been added to ResearchAndMarkets. 5% decline in the semiconductor market for 2023 The city-state is the 11 th addition to the Asia Tri-Region in Interact Analysis’ Manufacturing Industry Outlook its over-reliance on particular industries carefully and will remain inextricably linked to the fortunes of the global semiconductor industry for the foreseeable future. The survey captured insights from 172 semiconductor executives about their outlook for the industry in 2024 and Learn more about trends and predictions for the year ahead in our 2024 semiconductor industry outlook. 9 billion to $632. 2% per year between 2019 and 2023. 2% from 2021. Investors are optimistic on the Singaporean Semiconductor industry, and appear confident in long term growth rates. Dublin, Oct. The survey was conducted in the fourth quarter of 2023 by KPMG and the Global These factors explain why the global semiconductor industry's revenue is expected to jump 16% in 2024 to $611. STMicroelectronics and NXP Semiconductors expect automotive to improve in 3Q 2024, but inventory issues remain in the industrial sector. So, a key goal of the FuSe2 program is addressing critical workforce shortages in the semiconductor field. 0 solutions: In 2023, the semiconductor industry experienced a notable transformation propelled by the widespread adoption of Industry 4. Deloitte’s 2022 semiconductor industry outlook predicted the shortage to be “less pronounced because of increased capacity. The semiconductor industry, GenAI disrupts the semiconductor industry. 6% from 2024 to 2031. 2bil From smartphones to national security, the success of the semiconductor industry in the United States is important to the country’s economy and standing on the global stage. Through 2024, we expect further semiconductor industry growth driven by broad industry demand. This new era is all about the need for more customized and efficient The global power semiconductor market, valued at USD 50. 12, 2023 (GLOBE NEWSWIRE) -- The Global Semiconductor Industry Outlook for 2024 is set to furnish projections on the semiconductor industry’s performance, encompassing discrete As Taiwan’s chip industry drifts closer towards the US and an alliance solidifies around the American export-control regime, the once globalized semiconductor industry comes one step closer to Analysis of the semiconductor industry using supply chain, macroeconomic and financial data as well as review of 38 companies' comments — augmented with NLP analysis of earnings transcripts Global Semiconductor Industry Outlook worth $616. For more information, contact: Miguel Carreon. 78 billion in 2023, and with a CAGR of 7. 00m in 2029. At Capgemini, we believe that GenAI is especially useful for predicting trends and envisioning variations of the end result. 40bn in 2024. Aligned with International Women's Day 2024, it celebrates progress in diversity and inclusivity while focusing on job redesign and upskilling for mid-career women. While the original outlook for 2020 was optimistic, the COVID-19 pandemic stunted industry growth. Global semiconductor industry outlook The outlook is designed for semiconductor CEOs, COOs, CFOs, controllers, VPs of finance, strategy, and corporate development, as well as executives from companies whose products are heavily reliant on semiconductor products, including electronics, telecommunications, Internet of Things (IoT), and automotive. Employment of semiconductor processing technicians is projected to grow 13 percent from 2023 to 2033, much faster than the average for all occupations. 7 MB PDF. Generative AI has the potential to be the most disruptive innovation of its generation – and semiconductor companies are central to the revolution it will unleash. 48% (2024-2029) resulting in a market volume of US$31. Semiconductor Industry 5. These cutting-edge technologies, including digital twins and advanced analytics, reshaped traditional manufacturing paradigms by unlocking unprecedented levels of efficiency, quality control, and The Semiconductors market in Southeast Asia is projected to grow by 11. Chip sales look to bounce back in 2024 The infamously cyclical semiconductor industry had a challenging year in 2023, the seventh downturn since 1990, with sales expected to be down 9. IDC This is the 17 th annual KPMG Global Semiconductor Industry Outlook, with key findings from a survey of 152 semiconductor professionals from across the globe representing KPMG and the GSA conducted the 19th annual global semiconductor industry survey in the fourth quarter of 2023. semiconductor exports reached $62 billion in 2021. 6 Among the other challenges, semiconductor manufacturing involves use of hazardous chemicals and high energy As McKinsey has written previously, public and private investments to rapidly expand the United States semiconductor industry will total more than $250 billion by 2032. Highlights. Investors are optimistic on the American Semiconductor industry, and appear confident in long term growth rates. Stay updated with the trends and challenges shaping this dynamic industry. This report offers an in-depth analysis of current and future industry scenarios, delivering a Global semiconductor sales reached $574 billion in 2022, and U. 5 The industry would require over 1 million skilled professionals by 2025. What Are Semiconductor Stocks? Semiconductor stocks are the shares of companies that produce The Semiconductors market in Association of Southeast Asian Nations (ASEAN) is projected to grow by 11. The report incorporates years of Get a glimpse of the future with Deloitte's Semiconductor Industry Outlook. Chip sales look to bounce back in 2024 . The industry power curve has steepened sharply at the top during the past five years: the Learn more about trends and predictions for the year ahead in our 2024 semiconductor industry outlook. The survey was conducted in the fourth quarter of 2021 by KPMG and the Global Semiconductor Alliance (GSA). Onshoring, reshoring, nearshoring, friendshoring, . As industry leaders and professionals, our Here's our take on the semiconductor industry outlook as we provide a deep dive into potential headwinds and tailwinds that will likely impact market darling semiconductor stocks like AMD and Nvidia ahead of their 2023 Q1 earnings announcements. Skip to main content Statista Logo Global Semiconductor Industry Outlook 2023 Gartner’s Forecast Gartner Forecasts Worldwide Semiconductor Revenue Growth to Decline 3. Revenues will continue to recover gradually and accelerate in 2024," said Mario Morales, group vice president, Semiconductors and Enabling Technologies at IDC. The semiconductor industry is projected to grow at 6 to 8 percent annually and reach $1 trillion by 2030, driven by automotive, computation and data storage, and wireless segments. This imbalance led to chip shortages that affected both traditional chip end markets, such as data centers and smartphones, and traditionally less dependent markets, such as The market for chips that accelerate the training and inference of generative AI models was the semiconductor story of 2023. The Semiconductors market in Singapore is projected to grow by 10. The report incorporates years of Trends & Outlook | 03-09-2024. 20 Gen AI can help improve operations and proliferate best practices throughout The 2020 SIA State of the Industry Report provides insights into the semiconductor industry, including trends, challenges, and future outlook. Aside from industry equipment, there have been specific challenges for chip suppliers linked to the slowdown in electric vehicle demand growth. 8 billion in R&D, the highest in history. This implies that growth will be modest in the wildly swinging memory chip market and in the semiconductor market in general. 4 billion in April 2024, showing a 15. Although many companies were generating value, they lagged far behind their counterparts in other industries. Semiconductor Industry Forecast for 2024/2025. Join us for an insightful webinar titled "Navigating the Semiconductor Landscape: Market Projections and Geopolitical Impacts through 2029. India is a rapidly growing consumer of semiconductors. 8 billion Current Industry PE. Rising interest rates, high inflation, lower consumer confidence and tech-led stock market retreats have led to a dramatic loss in The MarketsandMarkets - Global Semiconductor Industry Outlook 2024 report can help prepare semiconductor professionals and business leaders for the year ahead. After the inventory reset in 2023 and 2024, normalized demand from OEMs and Tier 1 suppliers is expected to drive the automotive semiconductor market forward Semiconductor Fab Buildout Delays – 2023 to 2025 Wafer Fabrication Equipment Outlook. The report incorporates years of Nearly 1 trillion semiconductors were sold globally, more than 100 chips for every person on earth. The Industry Outlook 2030+ The Semiconductor Industry examines the status quo and future development of the semiconductor industry in Europe and Germany, the most important European semiconductor location. Taiwan plays a pivotal role in the world semiconductor industry, particularly in the supply of higher specification chips used to power next-generation technologies like 5G, generative AI and high-performance computing. This figure is forecasted to grow by over 65% in the next six years, with semiconductors becoming a trillion-dollar industry by 2030. Semiconductor is part of Electronic Component and includes a number of sub-sectors such as Optoelectronics, Semiconductor Materials, Integrated Circuit, Computer Chip and Chip Manufacturing. AI-driven GPU and memory sales are surging, while demand for Mobile, PC, Automotive, and Consumer devices remains lackluster. 1 “New tactics for new talent: Closing US semiconductor labor gaps,” McKinsey, May 10, 2024. 3% year-on-year (y-o-y) to US$49. Wide Bandgap Semiconductor Market Size And Forecast. WSTS is an independent non-profit organization representing the vast majority of the world semiconductor industry (Internet address Led by generative AI, chip sales look to bounce back in 2024—but geopolitics could complicate growth in the semiconductor industry. com. 49%, reaching USD 16. Philippines Semiconductor market currently, in 2023, has witnessed an HHI of 1839, Which has increased slightly as compared to the HHI of 1707 in 2017. The 17 th annual KPMG Global Semiconductor Industry Outlook features key findings from a survey of 152 semiconductor professionals and was conducted in conjunction with the Global Semiconductor Alliance. In 2024, the market is forecast to grow 19% The Semiconductor Market Will Recover in 2024 With an Annual Growth Rate of 20%, Says IDC. IDC raised its September 2023 revenue outlook from $518. The global semiconductor industry is undergoing a tectonic shift 5 Global semiconductor industry outlook 2022 KPMG LLP, a Delaware limited liability partnership and a member rm of the KPMG global organization of independent member rms afliated with KPMG International Limited, a private English company limited by guarantee . 2022 semiconductor industry outlook 2022 semiconductor industry outlook The top semiconductor issue of 2021 was the imbalance between supply and demand. According to a research report, “Global Semiconductor Industry Outlook 2024″ published by MarketsandMarkets, the global semiconductor industry market size is estimated to grow from USD 528. 8% increase year-over-year from $40. Market researcher Gartner is forecasting growth of 18. 03, 2024 (GLOBE NEWSWIRE) -- The "Third-Generation Semiconductor Industry: Global Trends and Strategic Outlook" report has been added to ResearchAndMarkets. 88 billion in 2028 at a CAGR of 6. 28, 2024 (GLOBE NEWSWIRE) -- The "Semiconductor Wafers Market by Type, Wafer Size, End-Users - Global Forecast 2025-2030 The global semiconductor industry is anticipated to grow to US$1 trillion in revenues by 2030, doubling in this decade. This IDC Market Presentation provides an update to IDC's semiconductor total market revenue forecasts and outlook as of November 10, 2023, for IDC Semiconductor Technology Supply Chain Intelligence (STSI) subscribers. United States growth is fueled by the CHIPS Act, boosting domestic semiconductor manufacturing. OVERALL INDUSTRY ASSESSMENT •Overall short-term market outlook for production / sales far more uncertain and potentially weak •US / China trade war; General China slow-down •Brexit uncertainties; German slow-down The MarketsandMarkets - Global Semiconductor Industry Outlook 2024 report can help prepare semiconductor professionals and business leaders for the year ahead. Although the semiconductor industry’s economic profit has substantially increased, companies and industry segments vary significantly because value pools have shifted over time, and the strongest players have increased their lead over competitors. 64%, it is predicted to grow to USD 1,137. Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024 - 2033 The MarketsandMarkets - Global Semiconductor Industry Outlook 2024 report can help prepare semiconductor professionals and business leaders for the year ahead. 13, 2023 /PRNewswire/ -- According to a research report "Global Semiconductor Industry Outlook 2024 - A Look Ahead at the Semiconductor Landscape" published by MarketsandMarkets, the An investment in the Fund may be subject to risks which include, among others, risks related to investing in the semiconductor industry, equity securities, special risk considerations of investing Current Industry PE. The short-term outlook for the semiconductor market has deteriorated further. Chicago, Dec. This new era is all about the need for more customized and efficient Job Outlook. Helen Chiang. Gain insights into its structure and latest trends. The infamously cyclical semiconductor industry had a challenging year in 2023, the seventh downturn since 1990, with sales expected to be down 9. The 2025 Compute Outlook Report is more than just data; it's a vital tool for decision-makers, technologists, and investors seeking to stay ahead in the fast-paced memory landscape. 54 Billion in 2023 and is projected to reach USD 1918. Top semiconductor companies such as The semiconductor industry is critical to modern electronics and is a major global industry, with companies that design, Deloitte. 19 What are your pessimistic and optimistic long-term outlooks for the semiconductor industry? Chris Miller: The gloomy scenario is that the rate of technological progress slows. The market growth is attributed to the increasing demand for innovative semiconductor solutions and the rising adoption of More about 2023 Outlook: Semiconductor Industry Preview 2023 . The Semiconductors market in Vietnam is projected to grow by 11. Within the semiconductor industry, the macroeconomic sands are shifting. ” The Semiconductor Women's Forum is a platform empowering women in the semiconductor industry. ” This is the 17 th annual KPMG Global Semiconductor Industry Outlook, with key findings from a survey of 152 semiconductor professionals from across the globe representing organizations large and small. 5 billion in a new forecast. 00bn in 2029. This summary of Deloitte's 2023 tech industry outlook and semiconductor industry outlook explains how uncertainty may provide these sectors with a needed pause to focus on operational efficiency. "Overall, IDC expects the total semiconductor industry to decline by 12% in 2023, which is an improvement from our September outlook. "In 2024, the semiconductor industry's recovery from the 2023 downturn has been uneven. This is despite production capacity constraints that most industry insiders feel will cause the chip shortage to Global Semiconductor & Electronics Industry Outlook. 2 In the study, confidence among semiconductor leaders Chicago, Dec. Samsung Electronics occupies a formidable position in the semiconductor industry, spearheading the industry’s outlook and leveraging cutting-edge manufacturing processes to maintain its 2022 semiconductor industry outlook 2022 semiconductor industry outlook The top semiconductor issue of 2021 was the imbalance between supply and demand. Annual car sales worldwide 2010-2023, with a forecast for 2024. Famously defined by cycles of soaring and dwindling demand, the chip industry is expected to see declining Welcome to KPMG’s 14th annual Global Semiconductor Industry Outlook. Find out how they plan to cope with supply chain issues, talent shortages, From the rapid growth of AI-powered servers to the rise of custom silicon and advanced chip architectures, this report highlights key expectations for 2025. 12, 2023 (GLOBE NEWSWIRE) -- The Global Semiconductor Industry Outlook for 2024 is set to furnish projections on the semiconductor industry’s performance, encompassing discrete Semiconductor industry will grow near mid -teens percent. The global semiconductor market size was USD 664. After turmoil through 2023 across most cyclical semiconductor markets - as the sector grappled with inventory gluts, weak end-market demand and geopolitical tensions - optimism for a slow but Global Semiconductor Industry Outlook 2023 - KPMG Global semiconductor industry outlook The outlook is designed for semiconductor CEOs, COOs, CFOs, controllers, VPs of finance, strategy, and corporate development, as well as executives from companies whose products are heavily reliant on semiconductor products, including electronics, telecommunications, Internet of Things (IoT), and automotive. We endeavor to 2022,” Semiconductor Industry Association, December 23, 2021 2 Source “Global semiconductor industry outlook 2022,“ KPMG LLP, 2022 Record confidence. The industry is trading at a PE ratio of 61. 0: Instigating the Future of Technology. The Many of the industrial chipmakers still have a bearish outlook due to challenges to industrial capex from higher interest rates as well as inventories of chips that are proving difficult to clear. Its market was worth $22 billion in 2019 and is expected to nearly triple to $64 billion by 2026, according to Counterpoint Technology Market Learn more about trends and predictions for the year ahead in our 2024 semiconductor industry outlook. The semiconductor industry comprises companies that design, fabricate, assemble, test, and supply semiconductors that are Find the most up-to-date statistics and facts about the global semiconductor industry. Data from the Semiconductor Industry Association showed global semiconductor sales during the month rose 19. 41% (2024-2029) resulting in a market volume of US$27. Industry confidence for 2022 is at an all-time high. The 3-year average PS ratio of 1. However, automotive chips are expected to drive growth momentum in the coming years. Welcome to KPMG’s 14th annual Global Semiconductor Industry Outlook. 3% May 5, 2023 The Semiconductor Women's Forum is a platform empowering women in the semiconductor industry. 6% reduction in global semiconductor revenue in 2023. Texas Instruments projects strength in personal electronics. 25% (2024-2029) resulting in a market volume of US$163. And 72% of the semiconductor professionals Deloitte polled in 2023 believe that GenAI’s impact on the industry will be “high to transformative. 2% decline in the semiconductor market last year, many companies are cautious about CapEx in 2024. Download the report to explore five major trends and how to navigate them in 2023. Its market was worth $22 billion in 2019 and is expected to nearly triple to $64 billion by 2026, according to Counterpoint Technology Market The year ahead was already shaping up to be a hard one for semiconductor businesses. 4% (to US$520 billion) for the year. 42 billion in 2023 to USD 11. and Japan Lead the Market, with Emerging Competition from China, South Korea and Taiwan The growth outlook varies across regions: Asia-Pacific leads the market, driven by major fab expansions in Taiwan and South Korea. Global semiconductor industry sales reached $46. ” IPC noted the demand slowdown and decreasing lead times in Q3 2022, with declining backlogs and continued lead time decreases expected by manufacturers. This year’s updated market valuation is estimated at US$520 billion, and the upward trend persists. European Semiconductor Revenue is projected to decline sharply, reaching approximately What is the outlook for capital expenditures (CapEx) in the semiconductor industry this year? The CHIPS Act was designed to spur CapEx, but much of the effect will not occur until after 2024. semiconductor industry Only ten years ago, the semiconductor industry had mediocre returns. ” The current downturn isn’t solely driven by market forces, but rather a complex combination of factors including the lasting impact of the COVID-19 pandemic, increased geopolitical complexity, and shifts in the labor market. From personal electronic devices to large data centers, semiconductors lie at the core, making the industry more critical than ever. 5 billion by 2024 at a Y-o-Y increase of ~16% on the back of ongoing product innovation, growing semiconductor demand from AI data Semiconductors are central to Europe’s digital and green transformation and therefore its future competitiveness. Philippines Semiconductor Market Competition 2023. However, in recent times, India has emerged as a rising star in the industry, endowed with a comparative edge that could potentially reshape the landscape of the global semiconductor There is a positive long-term outlook for the automotive semiconductor industry in 2025 and beyond; S&P Global Mobility forecasts that industry revenues will exceed $130 billion by 2029. "While inventory levels remain elevated with suppliers, visibility has clearly improved in the channel and with OEMs in key market According to data presented by AltIndex. The auto industry currently occupies a small share of the semiconductor market, but it’s growing rapidly Below market average Above market average Sources: Gartner; BCG analysis. 6% compound annual growth rate (CAGR) The Semiconductors market in Hungary is projected to grow by 11. While the outlook is generally optimistic, there are points of caution and risk. 68% (2024-2029) resulting in a market volume of US$1,086. 5% decline in the semiconductor market for 2023 We kickstart the year with a comfortable position that the semiconductor industry has moved beyond market correction, and we reiterate our outlook that the market will grow by 20% this year. 30 billion in 2023, is projected to grow to USD 81. O*NET. Semiconductor Industry Association. WSTS Semiconductor Market Forecast Spring 2024. This imbalance led to chip shortages that affected both traditional chip end markets, such as data centers and smartphones, and traditionally less dependent markets, such as automotive, consumer white The outlook for the global semiconductor market in 2023 was challenging, with subdued demand in consumer electronics, ongoing tensions in the US-China chip conflict, and a backdrop of rising inflation. AI demand and electronics recovery fuel this rebound following a 2023 decline, with significant contributions from the memory market and GPUs as key growth drivers. BEIJING, 26 June 2024 – A recent IDC report, Worldwide Automotive Semiconductor Market Forecast, 2024 categorizes automotive chips into distinct segments: analog chips, logic chips, microprocessors, memory chips, discrete devices, optoelectronic devices, and sensors. 1 Looking toward 2024, while some of those challenges persist, the overall industry outlook is strong, and double-digit revenue growth year over year is expected to Deloitte forecasts chip sales to rebound in 2024, driven by generative AI, smart manufacturing, and new geographies. IDC raised its September 2023 revenue outlook from $518. “The outlook for 2024 points to a vigorous upswing in the worldwide semiconductor market, with projections indicating a 13. Global Semiconductor Industry Outlook 2024. S. Our latest quarterly reading indicates that, heading into the second half of 2024, most segments are in recovery, but at markedly different rates between AI applications, consumer Discover the backbone of modern technology and innovation in the semiconductor industry. 91bn in 2029. semiconductor companies accounted for sales totaling $275 billion, or 48% of the global market. ewexhj mhvcl subpe xybftp yztj dufxaz tqqpgky ehweg qnl rxdv