WSTS now expects the solid growth for all the product categories to continue over the next two years, under the assumption of macro economy recovery throughout the entire forecast period, although the growth will be more moderate. The worldwide semiconductor market is forecast to be up 3.3 percent to $336 billion in 2015 and up 4.3 percent to $350 billion in 2016.
By end market, the automotive and communications markets, especially wireless, are expected to grow more strongly than the total market, whereas the consumer and computer sectors are assumed to remain almost flat. By region, Asia/Pacific will be the fastest growing regional market, and it is expected to reach $207 billion in 2016, almost a 60 percent of the total semiconductor market.
The analog sector is expected to be the highest-growth product category over the next two years, and the European region is expected to continue to outperform the Americas and Japan but not Asia/Pacific.
This article was originally published on EE Times sister site EE Times Europe.