A record number of semiconductor products are expected to be manufactured this year – over a trillion pieces

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The total shipments of semiconductor products, including microcircuits, optoelectronic devices, sensors and discrete elements, will reach 1.1353 trillion units this year. This is a record figure, corresponding to an increase in comparison with 2020 by 13%. This is the forecast of IC Insights.

Note that this is not the first or even the second time that more than 1 trillion semiconductor products have been shipped in a year. For the first time, the height was taken in 2018, and the second time in 2020. However, the growth rate slowed sharply last year due to the pandemic. Growth was 3%, while from 1978, when 32.6 billion items were shipped, to 2021 a compound annual growth rate is estimated at 8.6%. According to analysts, the high average annual growth rate shows that even with the departure of some growth engines, new ones have time to appear.

A record number of semiconductor products are expected to be manufactured this year - over a trillion pieces

Highest annual growth in 43 years at 34% in 1984, second highest at 25% in 2010. The largest annual decline – 19% – was associated with the 2001 dot-com crash. The global financial crisis and the ensuing recession led to a drop in the supply of semiconductor products in 2008 and 2009. This was the only time the cut lasted for more than one year in a row.

A record number of semiconductor products are expected to be manufactured this year - over a trillion pieces

As before, most discrete items will be shipped in 2021. In second place are optoelectronic devices. A more complete and clear distribution by categories is shown in the second illustration.

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