2017 Forecast: Another 9.3% growth for global market

March 01, 2017

According to SEMI.org, the global semiconductor and electronics manufacturing association, recently forecasted 9.3% growth in global sales for 2017.


2017 forecasted global sales growth would equate to $43.4 billion. 


2017 Forecast highlights: 

  • Europe to experience the greatest year-to-year growth, climbing 51.7% and totaling $2.8 billion
    • This is, in part, due to the 10% contraction in 2016
  • Top three markets, in ranking order of growth (highest to lowest):
    • Taiwan
    • Korea
    • China
  • The North American market is forecasted to experience 21.8% growth from 2016

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Source: http://www.semi.org/en/semiconductor-equipment-sales-forecast-40-billion

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