31 Mar 2022 -
 General

IC Insight: Analog market expected to surge 12% this year

Another year of double-digit market growth is expected for analogue integrated circuits in 2022, says IC Insights, after sales in this semiconductor category surged by an unprecedented 30% in 2021.

Total analogue IC sales are forecast to rise 12% to $83.2 billion in 2022, with unit shipments increasing 11% to 238.7 billion. The average selling price of analogue ICs is projected to grow 1% in 2022.

“Last year’s analog IC market will be one to remember on account of the strength and breadth of its growth.  The analog market’s extraordinary growth of 30% in 2021 lifted sales to an all-time high of $74.1 billion, ” says IC Insights.  

“IC Insights’ 1Q Update shows analogue unit shipments climbed 22% in 2021 to a record-high level of 215.1 billion. The combination of strong demand and well-documented supply-chain disruptions contributed to a 6% increase in the average selling price for analogue ICs last year.  (Prior to that, the last year that the analogue ASP increased was 2004.)”

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

For more help with looking at supply chain options, contact Astute Electronics

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