The industrial semiconductor market is roughly $38 billion worldwide. Included in this market are applications in test and measurement, process control, medical, and military or aerospace. The market is growing at a compound annual growth rate of 7 percent and this year is expected to grow by 5 percent. This tracker provides forecasts for all semiconductors used in industrial applications. Forecasts are broken out by region, market segment, application, and product type. Market share is provided for the semiconductor suppliers and the OEMs. OEM spending on semiconductors is also presented.
The industrial semiconductor market is expected to reach $37 billion this year. The application markets in this segment include military, aerospace, test equipment, process control equipment, and medical applications. The medical market is driving this growth however, the process control segment remains the largest with over 20 percent share. This tracker provides forecasts for semiconductors used in the industrial market. Forecasts are provided by region for each segment, by application, and by product type. Market share is also provided as well as market share and estimated semiconductor spend for the equipment makers in each segment.
The industrial market is expected to perform slightly higher than the overall semiconductor market this year with an estimated growth for worldwide revenue predicted at 4 percent. This market should reach $38 billion this year which constitutes roughly 11 percent of the semiconductor market. Industrial markets include medical, test and measurement, process control and military/aerospace applications. Semiconductors used in this market are typically high resolution or precision and command higher ASPs. This tracker provides forecasts for all semiconductor product families in the industrial application market. Forecasts are provided by region, application market, application, and by product type. Market share is also provided for the semiconductor suppliers in the industrial space as well as the OEM market share for the equipment makers. Databeans also provides the equipment makers estimates for total semiconductors purchased for each application area.
After a stronger than expected 2nd quarter, the Industrial Market Semiconductor Forecast has been revised up to $38.5 billion for 2015. This is a 5 percent increase in worldwide revenue from 2014. The 3rd quarter is expected to slow somewhat due to production slowing in the Asia Pacific region. The European region for production is expected to remain flat in the 3rd quarter, while Japan is expected to also drop in terms of revenue contribution. The Americas region is expected to grow slightly in the 3rd quarter. This tracker provides revenue and unit shipment forecasts for semiconductors used in the industrial market which includes application areas in Medical, Military and Aerospace, Test Equipment, and Process Control. Market share is provided for the semiconductor suppliers as well as for OEMs. OEM spending on semiconductors for industrial applications is also included.