Semico Releases New Report on Analog Market
November 02, 2020
According to a report from Semico, titled, “Analog Market Update: Making Digital Systems Come Alive (MP115-20),” the global electronics market is expected to consume 160 billion Analog ICs in 2020.
According to a new report from Semico, titled, “Analog Market Update: Making Digital Systems Come Alive (MP115-20),” the global electronics market is expected to consume 160 billion Analog ICs in 2020. Despite this, the number of Analog ICs per electronic device is still down by 1.5% compared to 2019.
Per the report, this will be the second year in a row that registers decline in both revenues and units. Further, the average selling point of Analog has dropped for the fifth year, and is expected to fall to $0.318 in 2020. The report does forecast, however, that sales will revert to established trends – over the next five years, sales growth should hit 2.9% in dollars
Findings per the report include:
- Analog products are expected to contribute 11.9% of total semiconductor revenues.
- By 2024, the Americas region will be back up to 14.3% of the total market.
- General Purpose Analog unit growth is forecast to grow at a 5.5% CAGR over the next five years.
- Power Management devices represented 61% of the total General-Purpose Analog revenue and 73% of the units.
The report predicts the analog market by 36 product categories and provides quarterly data through 2025.
For more information, visit https://semico.com/content/analog-market-update-making-digital-systems-come-alive-2020.