European Semiconductor Market Hits Record High in 2021
February 16, 2022 | ESIAEstimated reading time: 1 minute
The European Semiconductor Industry Association (ESIA) reported that yearly semiconductor sales in the European market reached US$ 47.757 billion in 2021, a 27.3% increase versus 2020 and a 27% increase versus the same month in 2020. Global semiconductor sales in 2021 amounted to US$ 555.893 billion, a 26.2% increase from the year 2020. All figures are based on the last World Semiconductor Trade Statistics (WSTS) and represent a three-month rolling average unless otherwise indicated.
“The record figures reached by the semiconductor market in 2021 indicate the industry’s strong response to the unprecedented growth in demand of semiconductors worldwide”, stated Hendrik Abma, ESIA Director-General.
Looking at month-to-month developments, the main drivers of the December growth were sensors & actuators, and logic semiconductor devices, up 2.5 and 2.4% respectively com- pared to November. Sales of application-specific chips grew steadily in December, with wire- less & wired communication and computer performing particularly well.
In 2021 overall, the effects of exchange rates on the European sales picture amounted to a growth difference of 4.4%. Measured in Euros, the total 2021 European market increased by 22.9% versus the year 2020 and amounted to 40.432 billion Euros. In December 2021, ex- change rate effects increased their visibility versus November. Semiconductor sales were 3.758 billion Euros in December 2021, up 1.8% versus the previous month and up 32.3% versus the same month a year ago.
Suggested Items
Punching Out: Breaking Out of the Valuation Box
05/09/2024 | Tom Kastner -- Column: Punching Out!Most companies are in a “valuation box.” That is, the value of the company, based on a market multiple, is not equal to the value of the assets. Or worse, once debt is paid off, the net proceeds would actually be negative. Here are some tips for getting out of the box.
Schweizer Electronic: Business Development in Q1 2024
05/08/2024 | Schweizer Electronic AGThe sales of the SCHWEIZER Group amounted to EUR 39.2 million in the first quarter of 2024 (Q1 2023: EUR 37.1 million). This corresponds to an increase of +5.5 percent compared to the same quarter of the previous year.
Q1 Global Semiconductor Sales Increase 15.2% YoY
05/07/2024 | SIAThe Semiconductor Industry Association (SIA) announced worldwide sales of semiconductors totaled $137.7 billion during the first quarter of 2024, an increase of 15.2% compared to the first quarter of 2023 but 5.7% less than the fourth quarter of 2023.
IMI Welcomes New CEO
05/03/2024 | IMIIntegrated Micro-Electronics, Inc. (IMI),The IMI Board of Directors announced, in a disclosure dated April 25, 2024, the appointment of Louis Sylvester Hughes, Chief Executive Officer (CEO).
Benchmark Reports Q1 2024 Results
05/03/2024 | PRNewswireRevenue decreased quarter over quarter and year over year primarily due to decreases in Medical, Advanced Computing and Next-Generation Communication sales, which were partially offset by an increase in Complex Industrials sales quarter-over-quarter and increases in Semi-Cap and A&D sales year-over-year.