It’s Only Common Sense: The Importance of Setting Realistic Expectations
Marcy’s Musings: The Relentless Pursuit of Perfection
Dan’s Biz Bookshelf: ‘Do/Start'
IC Insights Raises 2017 IC Market Forecast to +22%
October 19, 2017 | IC InsightsEstimated reading time: 1 minute
Strong growth to be driven by a 74% surge in the DRAM market and 44% jump in the NAND flash market.
IC Insights is set to release its October Update to The McClean Report. The 30-page Update includes a detailed analysis of IC Insights’ revised forecasts for the IC, O-S-D, and total semiconductor markets through 2021. Shown below is an excerpt from the Update.
IC Insights has raised its IC market growth rate forecast for 2017 to 22%, up six percentage points from the 16% increase shown in its Mid-Year Update. The IC unit volume shipment growth rate forecast has also been increased from 11% depicted in the Mid-Year Update to 14% currently. As shown below, a large portion of the market forecast revision is due to the surging DRAM and NAND flash markets.
In addition to increasing the IC market forecast for this year, IC Insights has also increased its forecast for the O-S-D (optoelectronics, sensor/actuator, and discretes) market. In total, the semiconductor industry is now expected to register a 20% increase this year, up five percentage points from the 15% growth rate forecast in the Mid-Year Update.
For 2017, IC Insights expects a whopping 77% increase in the DRAM ASP, which is forecast to propel the DRAM market to 74% growth this year, the largest growth rate since the 78% DRAM market increase in 1994. After including a 44% expected surge in the NAND flash market in 2017, including a 38% increase in NAND flash ASP this year, the total memory market is forecast to jump by 58% in 2017 with another 11% increase forecast for 2018.
At $72.0 billion, the DRAM market is forecast to be by far the largest single product category in the semiconductor industry in 2017, exceeding the expected NAND flash market ($49.8 billion) by $22.2 billion this year. As shown in the figure, the DRAM and NAND flash segments are forecast to have a strong positive impact of 13 percentage points on total IC market growth this year. Excluding these memory segments, the IC industry is forecast to grow by 9%, less than half of the current total IC market growth rate forecast of 22% when including these memory markets.
Share on:
Suggested Items
Electroninks Acquires Complete UTDots Advanced Materials Nanoinks Portfolio and IP
05/19/2025 | ElectroninksElectroninks, the leader in metal organic decomposition (MOD) inks for additive manufacturing and advanced semiconductor packaging, announced it has officially completed its full acquisition of UTDots products and IP into its portfolio, further expanding its offerings in digital printing for high-performance applications.
Global PCB Market Forecast to Reach $86.5 Billion by 2029 with 5.9% Annual Growth
05/19/2025 | EINPresswire.comThe printed circuit board market size has witnessed steady growth in recent years and the trend is anticipated to continue. Increasing from $65.82 billion in 2024 to $68.75 billion in 2025, it showcases a compound annual growth rate CAGR of 4.5%.
IDC Expects Worldwide Telecom Services Market Growth to Slow Due to Uncertainty
05/19/2025 | IDCWorldwide spending on telecom services and pay TV services reached $1,510 billion in 2024, reflecting a 2.2% year-on-year increase, according to the Worldwide Semiannual Telecom Services Tracker published by International Data Corporation (IDC).
Flexible PCB Market to Reach $61.75B by 2032, Driven by the Demand for Compact Electronics, Automotive and Medical Applications
05/16/2025 | Globe NewswireAccording to the SNS Insider, “The Flexible PCB Market was valued at USD 21.42 billion in 2023 and is expected to reach $61.75 billion by 2032, growing at a CAGR of 12.52% over the forecast period 2024-2032.”
Connection Wins Intel Partner of the Year Award for AI PC
05/16/2025 | BUSINESS WIREConnection, a leading information technology solutions provider to business, government, healthcare, and education markets, is pleased to announce that it has received Intel’s 2025 Partner of the Year award for AI PC. Connection earned this distinction for demonstrating exceptional technology innovation and collaboration in developing solutions and marketing strategies.