The global IC market is expected to exceed US$500 billion in 2021!

IC Insights released its global IC market outlook from 2021 to 2025. Among them, the growth forecast of semiconductor production value this year has been raised, from the original growth rate of 19% to 24%, and it is predicted that the global semiconductor production value for the whole year will exceed US$500 billion for the first time. At the same time, IC Insights also ranks the IC market segments with expected growth rates of TOP10 this year.
 
IC Insights pointed out that the price of DRAM and NAND flash memory market continues to strengthen, and the prospects of many logic and analog IC products are better than expected. As a result, the annual growth rate of semiconductor production value has been raised from 19% to 24%. The 24% growth rate will be the third largest growth rate of the global IC market in the past 16 years, second only to the 33% surge in 2010 and 2017 25% growth.
 
Specifically:
 
In terms of the logic IC market, IC Insights predicts a growth of 24%. The logic IC fields that are expected to grow by more than 30% this year will include industrial (47%), automotive (39%) and consumer applications (38%), specific logic segments And display driver (31%). The report stated that the average selling price of logic ICs will drop by 5% this year, but this will be offset by a 30% increase in logic IC shipments.
 
In terms of DRAM, as the price of DRAM rises from 39 cents/Gb in Q4 of 2020 to 50 cents/Gb in Q2 of 2021, IC Insights has increased its full-year forecast for the DRAM market in 2021 to 41%. In addition, because the supply is still tight, it is expected that the unit price of DRAM will continue to rise in the second half of this year.
 
As for the NAND Flash market, it is expected to achieve 22% growth. Its selling price has dropped by 26% from Q1 of 2020 to Q1 of 2021. However, the price will stabilize in Q2 of 2021 and is expected to rise in the second half of this year. On the whole, in 2021, the entire memory market is expected to grow by 32%.
 
In terms of analog IC, after a decrease of 8% in 2019, the analog IC market has achieved a slight growth of 3% in 2020. In 2021, the output value of the analog IC market is expected to grow by 25% and shipments by 20%. At the same time, due to the tight supply in the analog IC market, it is expected that the average selling price of analog ICs this year will rarely rise by 4%. ——The last time the analog IC ASP rose was in 2004, which means that the price of analog ICs rose for the first time in 17 years.
 
In addition, each of the major general purpose analog and dedicated analog market segments tracked by IC Insights is expected to achieve double-digit growth in 2021. Among them, automotive applications are the field with the highest year-on-year growth in analog ICs this year, reaching 31%, almost entirely driven by a 30% increase in unit shipments.