Report: 2022 IC Market to Grow 11%
SCOTTSDALE, AZ – Semiconductor growth will climb 11% in 2022, following a 26% jump in 2021, IC Insights said. After its highest growth rate since 2010, 2022 will more inline with 2020, when IC sales rose 13%.
2017 showed 0% first quarter sequential growth and 25% annual IC market growth, whereas 2011 displayed 1% first quarter growth, but a full-year IC market growth rate of 1%.
Excluding the years after the severe IC industry downturns of 1985 and 2001, IC Insights believes the first quarter sequential IC market change is a good indicator of the direction and intensity of the future annual IC market change.
From 1984-2020, the average seasonal sequential decline in the first quarter IC market was 2%. In the first quarter of 2020, the IC market was down 3% sequentially, slightly below the historical average.
The first quarter 2021 sequential IC market change of 3% was much better than the drop of 3% in the same period in the prior year.
The first quarter 2021 sequential increase of 3% was the first positive first quarter sequential IC market increase since 2011. Of the 15 previous positive first quarters since 1984, all but three of those years ended up with the IC market registering strong double-digit growth for the full year.
During the 38-year timespan from 1984 through 2021, there have been 16 positive first quarter sequential IC market increases (42% of the time).
