We’re thrilled to share this month’s featured excerpt from Future Horizons’ November report on the semiconductor market. Take a look at the executive summary below to explore the latest industry insights and projections.
Executive Summary
September finally brought good news for the industry with all product sectors finally in positive territory, even the beleaguered Analog, Discrete and Opto market segments.
Opto notched up 4.6 percent growth vs. September 2023, up from last month’s 0.3 percent number and, whilst still down 2.8 percent down from its April 2022 peak, is now firmly on a strong recovery path.
After an 8-month long negative growth trawl, the Discrete sector finally crossed the zero-growth line in September, at plus 1.0 percent annualised growth, in sharp contrast to August, July, and June’s minus 9.4 percent, minus 9.2 percent, and minus 12.3 percent respectively.
Unsurprisingly, ICs, the powerhouse behind the industry’s current strong revenue growth, saw its eleventh consecutive month of above average double-digit annualised growth since the market turned positive in September 2023, at 27.7 percent, vs. 35.7 percent in August and 23.1 percent in July.
The good news, however, behind the total IC growth number was the fact non-memory ICs are now moving into pole driving position, growing 16.7 percent, up from 8.4 percent in August and 9.0 percent in July.
The overall year-on-year total Semiconductor market grow 23.3 percent, down slightly from August’s 28.0 percent number, but up significantly from July and June’s respective 18.1 percent and 15.9 percent numbers.
It would seem the good cheer of Christmas has touched the overall industry … the real market recovery has finally dawned, one that is much broader-based, and this time has legs. The more general recovery may not yet be firing on all cylinders, but it does now look like the real market recovery has started.
Read The Full Report Here: https://www.futurehorizons.com/page/137/
If you haven’t managed to catch on September’s industry update webinar, you can now watch the on demand recording here. Plus, you can still use our discount ‘ Napier’ to get a 10% discount on the full report when you checkout.
