MUNICH -- The German market for semiconductors will grow 41.8% to 11.71 billion euros ($9.95 billion) in 2000 compared to 8.26 billion euros ($7.02 billion) last year, according to a new market forecast released today by the ZVEI electronics trade group. ZVEI also predicted that chip revenues in Germany would grow 19.9% in 2001, reaching 14.04 billion euros ($11.93 billion).
While releasing its forecast at the Electronica 2000 trade show in Munich, the German Electrical and Electronics Manufacturers' Association (Zentralverband Elektrotechnik- und Elektronikindustrie e.V.) said its global forecast for chip revenues essentially matched the outlook of the U.S.-based Semiconductor Industry Association. Global chip sales are expected to be up 36.9% to $205 billion this year. Germany's ZVEI trade group also said semiconductor revenues worldwide will climb 20.1% to $246 billion in 2001.
Overall, the European markets for electronics components--semiconductors, passives, electromechnical parts, and printed circuit boards--are expected to grow 28.5% to 18.81 billion euros ($15.99 billion) vs. 14.64 billion ($12.44 billion) in 1999, said ZVEI.
About 25.9% of the European components market is expected to serve the electronic data processing segment (computers) in 2000 compared to 22.2% in 1999 and 20.6% in 1998. Automotive applications in Europe will account for 24.1% vs. 26.3% in 1999 and 25.3% in 1998. Telecommunications will consume 25.6% of electronics products in 2000 vs. 24.3% in 1999 and 23.8% in 1998, according to ZVEI, which released its forecast during a press conference today.
The year 2000 will go down in the books at "the top year" in history, declared Dietmar Harting, president of the ZVEI group, based in Frankfurt. "Not even the boom year of 1994 keeps pace with it," he added.
IC revenues in Germany are expected to be up 45% in 2000 to 9.8 billion euros ($8.53 billion), and discrete semiconductor sales will grow 28% to $1.9 billion euros ($1.62 billion) this year, said the Germany trade association during the Electronica press conference.
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