The Semiconductor Industry Association (SIA) recently declared global sales of semiconductors reached $36.6 billion in October 2019, an increase of 2.9% from the previous month’s total of $35.6 billion, however, down 13.1% in comparison with the previous year total of $42.1 billion. Also, a newly released trade forecast from the World Semiconductor Trade Statistics group forecasts annual global sales will decrease 12.8% this year, followed by increases of 5.9% next year and 6.3% in 2021. SIA represents U.S. management in semiconductor manufacturing, design, and research, with members accounting for roughly 95% of U.S. semiconductor sales.
Regionally, sales increased in October compared to September across all main regional markets: the Americas (8.6%), China (2.9%), Japan (1.0%), Europe (0.5%), and Asia Pacific/All Other (0.4%). Sales have been down across all areas compared to October last year: Europe (-7.3%), Asia Pacific/All Other (-7.4%), Japan (-9.3%), China (-10.2%), and the Americas (-27.1%).
Additionally, SIA today endorsed the WSTS Autumn 2019 global semiconductor sales forecast, which tasks the industry’s worldwide sales might be $409.0 billion in 2019, a 12.8 % decrease from the 2018 gross sales total of $468.8 billion. WSTS forecasts yearly decreases across all regional markets for 2019: Europe (-6.9%), Asia Pacific (-8.8%), Japan (-11.1%), and the Americas (-26.7%). In 2020 and 2021, world gross sales are anticipated to increase by 5.9% and 6.3%, respectively. WSTS tabulates its semi-annual trade forecast by convening an intensive group of global semiconductor corporations that present accurate and timely indicators of semiconductor developments.