The size of the global semiconductor market in September 2023 increased by 1.9% from the previous month, marking the seventh consecutive month of positive month-on-month growth.
🟦In September 2023, semiconductor sales grew month-on-month for the seventh consecutive month.
The Semiconductor Industry Association (SIA) reported that the semiconductor market size in September 2023 was $44.8 billion, showing a 1.9% increase from the previous month. While it experienced a 4.5% decrease compared to the same month in the previous year, the rate of decline has been diminishing each month.
John Neuffer, President and CEO of SIA, expressed that “the long-term outlook for demand remains strong.” He emphasized that semiconductors will play a crucial role in powering a wide range of products essential to the world while fostering innovative technologies for the future.
🟦 Semiconductor market increases outside of Japan
According to data compiled by WSTS, which is comprised of major semiconductor manufacturers, by region, the Americas, Europe, China, Asia-Pacific and others increased month-on-month, with only Japan seeing a slight decrease.
Trends by Region and Country
- Month-on-month
- Asia-Pacific: up 3.4%
- Europe: up 3.0%
- Americas: up 2.4%
- China: up 0.5%
- Japan: -0.2%
- Year-on-year (y/y)
- Europe: up 6.7%
- Americas: -2.0%
- Japan: -3.6%
- Asia-Pacific: -5.6%
- China: -9.4%
🟦Summary
The global semiconductor market size in September 2023 increased by 1.9% from the previous month, marking the seventh consecutive month of positive month-on-month growth. Among regions, Japan was the only country to experience a 0.2% decrease.
