2022 Semicon & Packing Materials Revenue @USD 600B+
Worldwide sales of semiconductors were $48.8 billion in October 2021, an increase of 24% from the October 2020 total of $39.4 billion and 1.1% more than the September 2021 total of $48.3 billion, according to SIA. Monthly sales are compiled by the WSTS organization and represent an 3 months moving average.
Additionally, a newly released WSTS industry forecast projects annual global sales will increase 25.6% in 2021 & 8.8% in 2022. SIA represents 98% of the U.S. semiconductor industry by revenue & nearly 2/3 of Non U.S. chip firms.
Comparing Regionally, Annual & Monthy sales increased across all major regional markets, classified in the Americas @29.2% annually vs 2.6% monthy, Europe @27.3%/2.8%, Japan @23.7%/1.1%, Asia Pacific/All Other @22.6%/0.2%, finally, China @21.1%/0.3%.
These also including packing materials like WLCSP carrier tapes and cover tapes. Nexteck Technology Pte Ltd as a main supplier of resistors & chips packing materials in Singapore, Malaysia, Thailand & the Philippines also anticipate the above from strong inflow of new orders.
Further, SIA has endorsed the WSTS autumn 2021 global semiconductor sales forecast, which projects the industry’s worldwide sales will be $553 billion in 2021, a 25.6% increase from the 2020 sales total of $440.4 billion.
WSTS projects year-to-year increases in Asia Pacific @26.7%, Europe @25.6%, the Americas @24.6% & Japan @19.5%. In 2022, the global market is projected to post moderate growth of 8.8% to reach $601.5 billion in annual sales. Its semi-annual industry forecast by gathering input from an extensive group of global semiconductor companies that provide accurate and timely indicators of semiconductor and packing materials (WLCSP carrier tape, cover tapes and dicing tapes) trends.
