Semiconductor market will grow by 17.3% in 2021 and oversupply in 2023
Semiconductor Market to Grow By 17.3% in 2021 and Reach Potential Overcapacity by 2023, IDC Reports
Grow until 2022 and fall once in 2023
ACCORDING TO THE IDC REPORT, IN 2021, SEMICONDUCTOR PRODUCTION CAPACITY IS 100%, AND SUPPLY SHORTAGES ARE FALLING. AS A RESULT, THE OVERALL SEMICONDUCTOR MARKET IS EXPECTED TO GROW AT A HIGH RATE OF 17.3%. DUE TO THE ONGOING EXPANSION OF PRODUCTION CAPACITY, SUPPLY IS EXPECTED TO RETURN TO NORMAL BY MID-2022.
Growth in 2021 is due to demand for smartphones, PCs, servers, automobiles, games, wearables and Wi-Fi access points.
2023 will fall to low growth, but will continue to grow until 2025
as of 2021, the lack of supply capacity can be due to both the “pre- and post-process” of semiconductors. due to increased production capacity, pre-process manufacturing is starting to meet demand in the third quarter of 2021. therefore, we forecast that in 2023 we will be oversupply due to undersupply.
anxiety about “post-process”
unlike the previous process, there are still major problems and shortages in the production of the post-process and the ability to supply materials. currently, due to the spread of infectious diseases in southeast asia, the production capacity of the post-process in malaysia is decreasing, spurring the semiconductor shortage. there is no prospect of a shortage of supply in the “post-process”.
continue to grow towards 2025
we expect an oversupply in 2023, but we expect the overall semiconductor market to reach $600 billion by 2025. this is a growing calculation of 5.3% of the annual rate, higher than the 3-4% growth rate of the past semiconductor market.
Summary
the semiconductor market will grow until 2022 and will fall once in 2023, but will continue to grow higher than in the past until 2025.
the semiconductor industry will grow steadily, even as it rises and falls. it represents the role of social infrastructure through the recent digitization.
