Updates to Semiconductor Market Research Services on Website & Mobile App:
- Diffusion Rates - V21.07
- Historical Ratios & Utilization Rates - V21.07
2021 will be a great year for the industry with electronics, semiconductors, and equipment growing by double digits. Equipment market will post the highest growth in 2021, outperforming semiconductors for the eighth consecutive year. In addition, the share of equipment sales into semiconductors will hit 22% in 2021, a 14-year high. Semiconductors are also red-hot in 2021 and they're expanding their footprint into electronics at a rapid clip. They will account for 23.4% of the total electronics sales in 2021, surpassing the previous record set in 2018 by more than a point.
Utilization rates have been hovering near record levels in 1H21 due to stronger than expected demand. We expect utilization rates to roll over in 4Q21 due to seasonality and more capacity coming on line.
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