Worldwide silicon demand is on track to increase 5% in 2020

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The The Semiconductor market has been very resilient in 2020 despite the worldwide pandemic, which has taken a toll on the economic activity and disrupted many parts of the electronics supply chain. As a result, silicon demand is on track to increase 5% in 2020. Even though the low-base of 1H19 makes for an easy year-over-year comparison, the 5% growth is still impressive given the state of the world economy. The uptick has been driven by the emergence of the work-at-home-economy and the rise of e-commerce. The demand in these markets has offset the weakness seen in other sectors like Automotive and Industrial.

The CMOS Logic will record the biggest growth among the major segments, followed by Memory and Analog.

The Looking ahead, VLSIresearch expects a continuing recovery in 2021 with silicon demand increasing mid-single digits as the industry jumps back on the growth-path driven by the 5G ramp, AI proliferation, and the data economy.

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