SCOTTSDALE, AZ – Special purpose logic, DRAM, cellphone MPUs, and display drivers are forecast to lead an industry-wide upturn as demand extends into the second half of the year, according to IC Insights, with sales rising more than 30% in each category. The total IC market is now forecast to rise 24% in 2021.
The research firm expects 32 of the 33 IC product categories to experience sales growth this year, with 29 product categories expected to see double-digit growth, representing one of the strongest and broadest sales industry outlooks the firm has documented.
In previous strong-growth years, a handful of IC products had extraordinary sales gains that helped raise overall IC market growth, but in 2021 it appears robust growth has permeated nearly all product categories across the entire IC industry.
Only the gate array market is expected to decline in sales, with a forecast of $58 million.
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