Analog IC Market to Surge by Historic 30% in 2021
🟦 Analog Semiconductor Market Size @2021
According to IC Insights, the analog semiconductor market in 2021 experienced phenomenal growth of 30% year-on-year. Total sales rose to a record $74.1 billion. In 2022, it is expected to increase by another 12% to $83.2 billion. The analog IC market is growing strongly due to strong demand and semiconductor shortages.
- Analog Semiconductor Market Growth
- 2021
- Total sales +30%
- +22% shipments
- Average price +6%
- Total sales +30%
- 2022 (forecast)
- Total sales +12%
- +11% shipments
- Average price +1%
- Total sales +12%
- 2021
🟦 Automotive and telecommunications will drive growth
Total sales will rise in 2022 in all areas of analog semiconductors. In particular, analog ICs for automotive and communications will drive growth above average.
- Main analog IC shares
- Communication chip: 31.5%
- 5G Mobile Phones
- Mobile base stations
- Power Management IC 25.5%
- mobile phone
- Laptop
- Mobile/Battery
- Stepper motor
- Communication Interfaces
- Display backlight
- Communication chip: 31.5%
🟦Summary
Analog IC Market to Surge by Historic 2021% in 30
The overall semiconductor market is projected to grow at an annualized rate of 5.3% by 2025. Analog ICs, which will continue to grow by 12% in 2022, are at a high rate of growth compared to the semiconductor industry as a whole.