Techinsights predict the semi -conductor market size will double in 10 years

TechInsights's latest data and prospect report "Long -term Semiconductor and Equipment Forecast"

It is pointed out that 2024 will be a record of industry revenue.

The total semiconductor market size will exceed the peak of 2022.

In the next ten years, the market size will double, creating more than $ 1 trillion in income

2023: A weak start, but there is a strong ending

2023 is a year of challenging for the semiconductor industry.Although a wave of consumption expenditures was promoted during the epidemic period, the demand for semiconductors, excess supply, and global economy have caused strong downturn.The weakening of consumers' demand for electronic products has fundamentally affected the semiconductor industry.

The return of the semiconductor manufacturing industry has also affected the market.The chip bills of the United States and the European Union, as well as other government incentive measures around the world, increased their investment in manufacturing facilities.These facilities may take several years to be fully put into use; at the same time, trade restrictions are developing a more direct impact.As the Chinese wafer factory hopes to procure equipment before the introduction of tightening restrictions, the semiconductor manufacturing equipment market is better than expected.However, the size of the equipment market has still decreased by nearly 3%, which is closely related to the decline in consumer electronics demand by 4%.

The storage industry is greatly affected by the downturn in the electronics industry.Excessive production leads to a large amount of inventory of the storage chip, and it turns out that these inventory is difficult to transfer.The average selling price of the storage chip (ASP) plummeted.Recently, this situation has begun to improve, indicating that demand is recovering.Driven by the demand for artificial intelligence, the more advanced 3D storage chip market has also been strengthened.

Genesis artificial intelligence has caused public interest.With the popularization of artificial intelligence, the silicon supply that supports this revolution is not in short, including the memory required for all data and logical chips required for processing data.The logical chip of generating artificial intelligence is mainly for data centers used by cloud computing providers.There are thousands of orders, not billions of integrated components (IC) required for the mobile phone market.Therefore, although the overall shipment of IC has declined, driven by the increase in the cost of artificial intelligence chips, the average price of logical IC has risen significantly.

The automotive industry is another area that boosted the market.The transformation to electric vehicles not only increases the demand for power IC, but also design a new car architecture.These cars use the latest technologies, including advanced security functions, connections, information entertainment and driver monitoring.Like artificial intelligence, this is a relatively small market. With the demand for more and more advanced chips, the growth here will bring value.

Therefore, the key to economic recovery lies in benefits, not shipments.Techinsights data shows that although IC shipments continued to decline by 2%compared to Q2 in Q2 in 2023, in Q3 in 2023, the shipment volume of the IC market increased by 10%month -on -month.The average price of advanced artificial intelligence and automotive use has continued to rise, offset the decline in consumer electronics.

About Sanquan Technology

Shenzhen Sanquan Asia Pacific Technology Co., Ltd., established inIn 2000, it is an IC agent of Asian integrated circuits. There are more than 200 agency distribution product lines and selected by many customers. The integrated circuit IC and electronic component are reliable suppliers.Sanquan Technology Supply HBM's three major memory manufacturers in the world, SK Hynix, Micron and Samsung.The excellent domestic Yangtze River storage is also its customers.It can be seen from this that Sanquan Technology's product competitiveness.In addition, the brands of Sanquan Technology's agency distribution include Richtek, ON, Microchip, TI and so on.