17 Jun 2021 -
 General

SIA: Global semiconductor sales projected to increase 19.7% in 2021, 8.8% in 2022

semiconductor manufacturing

The Semiconductor Industry Association (SIA) announced last week that worldwide sales of semiconductors were $41.8 billion in April 2021, an increase of 1.9% from the March 2021 total of $41.0 billion and 21.7% more than the April 2020 total of $34.4 billion. In addition, SIA pointed out that global annual sales will increase by 19.7% in 2021 and 8.8% in 2022.

“Global demand for semiconductors remained high in April, as reflected by rising sales across a range of chip products and throughout each of the world’s major regional markets,” said John Neuffer, SIA president and CEO. “The global chip market is projected to grow substantially in 2021 and 2022 as semiconductors become increasingly integral to the game-changing technologies of today and the future.”

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Either through the hundreds of manufacturers we purchase directly from, or the international network of component supply-partners offering full product traceability, Astute Safe-Supply, run by sourcing experts and offers a deeper insight into the global components markets.

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