The Semiconductor Industry Association (SIA) announced on June 9 that worldwide sales of semiconductors were $41.8 billion in April 2021, an increase of 1.9% from the March 2021 total of $41.0 billion and 21.7% more than the April 2020 total of $34.4 billion. In addition, SIA pointed out that global annual sales will increase by 19.7% in 2021 and 8.8% in 2022.

SIA: Global semiconductor sales increase 1.9% month-to-month in April; annual sales projected to increase 19.7% in 2021, 8.8% in 2022-SemiMedia

“Global demand for semiconductors remained high in April, as reflected by rising sales across a range of chip products and throughout each of the world’s major regional markets,” said John Neuffer, SIA president and CEO. “The global chip market is projected to grow substantially in 2021 and 2022 as semiconductors become increasingly integral to the game-changing technologies of today and the future.”

Regionally, month-to-month sales increased across all major regional markets: the Americas (3.3%), Japan (2.6%), China (2.3%), Europe (1.6%), and Asia Pacific/All Other (0.5%). On a year-to-year basis, sales increased in China (25.7%), Asia Pacific/All Other (24.3%), Europe (20.1%), Japan (17.6%), and the Americas (14.3%).

Additionally, SIA endorsed the WSTS Spring 2021 global semiconductor sales forecast, which projects the industry’s worldwide sales will be $527.2 billion in 2021, a 19.7% increase from the 2020 sales total of $440.4 billion.

WSTS projects year-to-year increases in Asia Pacific (23.5%), Europe (21.1%), Japan (12.7%), and the Americas (11.1%). In 2022, the global market is projected to post slower – but still substantial – growth of 8.8%.