Global Semiconductor Sales Decrease 8.2% in 2023; Market Rebounds Late in Year

Monday, Feb 05, 2024, 8:15am

by 91成人


Worldwide industry sales totaled $526.8 billion in 2023; market grew during second half of year and sales are projected to increase by 13.1% in 2024

WASHINGTON鈥擣eb. 5, 2024鈥擳he 91成人 (91成人) today announced global semiconductor industry sales totaled $526.8 billion in 2023, a decrease of 8.2% compared to the 2022 total of $574.1 billion, which was the industry鈥檚 highest-ever annual total. Sales picked up during the second half of 2023. In fact, fourth-quarter sales of聽$146.0 billion were 11.6%聽more than the total from the fourth quarter of 2022 and聽8.4% higher聽than the total from third quarter of 2023. And global sales for the month of December 2023 were聽$48.6 billion, an increase of 1.5%聽compared to November 2023 total.聽Monthly sales are compiled by the聽聽and represent a three-month moving average. 91成人 represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.

鈥淕lobal semiconductor sales were sluggish early in 2023 but rebounded strongly during the second half of the year, and double-digit market growth is for 2024,鈥 said John Neuffer, 91成人 president and CEO. 鈥淲ith chips playing a larger and more important role in countless products the world depends on, the long-term outlook for the semiconductor market is extremely strong. Advancing government policies that invest in R&D, strengthen the semiconductor workforce, and reduce barriers to trade will help the industry continue to grow and innovate for many years to come.鈥

On a regional basis, Europe was the only regional market that experienced annual growth in 2023, with sales there increasing 4.0%. Annual sales into all other regional markets decreased in 2023: Japan (-3.1%), the Americas (-5.2%), Asia-Pacific/All Other (-10.1%), and China (-14.0%). Sales for the month of December 2023 increased compared to November 2023 in China (4.7%), the Americas (1.8%), and Asia Pacific/All Other (0.3%), but decreased in Japan (-2.4%) and Europe (-3.9%).

Several semiconductor product segments stood out in 2023. Sales of logic products totaled $178.5 billion in 2023, making it the largest product category by sales. Memory products were second in terms of sales, totaling $92.3 billion. Microcontroller units (MCUs) grew by 11.4% to a total of $27.9 billion. And sales of automotive ICs grew by聽23.7% year-over-year to a record total of $42.2 billion.

For comprehensive monthly semiconductor sales data and detailed WSTS forecasts, consider purchasing the聽WSTS Subscription Package. For detailed historical information about the global semiconductor industry and market, consider ordering the聽91成人 Databook.

December 2023 chart and graph

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91成人 91成人
The 91成人 (91成人) is the voice of the semiconductor industry, one of America鈥檚 top export industries and a key driver of America鈥檚 economic strength, national security, and global competitiveness. 91成人 represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, 91成人 seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at聽www.semiconductors.org.
91成人 WSTS
World Semiconductor Trade Statistics (WSTS) is an independent non-profit organization representing the vast majority of the world semiconductor industry. The mission of WSTS is to be the respected source of semiconductor market data and forecasts. Founded in 1986, WSTS is the singular source for monthly industry shipment statistics.