According to IC Insights, a market adjustment agency, the overall semiconductor market will rebound significantly in the next five years, with an average annual growth rate of 8.0%. The average annual growth rate in some areas is also expected to reach double digits, especially in the NAND flash memory market. The average annual growth rate in 2011-2016 is the strongest, reaching 16.6%.
The DRAM market is also expected to improve, with an annual growth rate of 9.6% in 2011-2016, which will fully reverse the decline in the past five years. These two areas will help the overall semiconductor market to grow twice in the period 2011-2016 compared with 2006-2011.
Other major markets such as microprocessors (MPUs) and analog components are expected to show growth by 2016. In addition, the total market growth of optoelectronics/sensors and discrete devices (OSDs) will also reach 10.6%.
IC Insights said that including tablet PCs, smart phones and other portable wireless devices will be the main applications driving the semiconductor industry to grow steadily in 2016. The stronger average selling price will also improve the overall market situation.
IC Insights pointed out that as some semiconductor companies are closed, merged or acquired (such as Micron and Elpida), the number of manufacturers that can build 300mm fabs will also decrease in the future. Therefore, the industry's excess capacity situation is also expected to improve. It is expected that the average sales price will increase steadily by 2016, and the average sales price for 2006-2011 will decline by 3% year-on-year.
The DRAM market is also expected to improve, with an annual growth rate of 9.6% in 2011-2016, which will fully reverse the decline in the past five years. These two areas will help the overall semiconductor market to grow twice in the period 2011-2016 compared with 2006-2011.
Other major markets such as microprocessors (MPUs) and analog components are expected to show growth by 2016. In addition, the total market growth of optoelectronics/sensors and discrete devices (OSDs) will also reach 10.6%.
IC Insights said that including tablet PCs, smart phones and other portable wireless devices will be the main applications driving the semiconductor industry to grow steadily in 2016. The stronger average selling price will also improve the overall market situation.
IC Insights pointed out that as some semiconductor companies are closed, merged or acquired (such as Micron and Elpida), the number of manufacturers that can build 300mm fabs will also decrease in the future. Therefore, the industry's excess capacity situation is also expected to improve. It is expected that the average sales price will increase steadily by 2016, and the average sales price for 2006-2011 will decline by 3% year-on-year.
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