Semiconductors used in medical applications are precision and high speed. This is a lucrative and growing market in the industrial area and expected to reach $5.9 billion this year. Growing at a compound annual growth rate of 7 percent each year, the market should reach over 8 billion by 2023.
The Databeans Medical Market Tracker provides forecasts for semiconductors used in medical applications including designs used in over the counter consumer devices, therapeutic, and imaging equipment. Forecasts are provided by region, segment, application, and by product type. All segments of the semiconductor market are included. Market share is also provided for the suppliers as well as the OEMs and their estimated spending on silicon.
Strong growth continues for DSP in the automotive market which will help boost worldwide revenue by 14 percent this year for this segment. Our overall forecast has been revised down as the industrial market has not performed as expected. Long term growth for DSP in the automotive space is twice as high as the overall market.
The Databeans DSP Market Tracker provides forecasts for DSP by region, market segment, application, and by product architecture. Market share is also provided.
Strong growth is expected for semiconductor revenue in the Asia Pacific market due to continued high pricing in the memory and processor markets in 2018. Unit shipments are forecast to grow by 5 percent. Long term, this region is expected to grow at a compound annual growth rate of 8 percent per year. 65 percent of worldwide semiconductor revenue comes from the Asia Pacific region.
This tracker provides semiconductor forecasts for each family of products, including Discretes, Sensors, Optoelectronics, Analog, Logic, Memory and Processors. Forecasts are provided for each of the areas in the Asia Pacific Region including China, Taiwan, Korea, Singapore, Malaysia, India and Other Asia. Market share is also provided.
Special purpose analog used in both wireless and wired communications performed well in 2018. Global revenue is expected to rise by 13 percent and the market is expected to grow another 6 percent this year. Wireless transceivers and power amplifiers are responsible for the growth as all the other product revenue growth will be in the low single digit range.
Special purpose analog products used in communications include power amplifiers, LNAs, transceivers, and integrated front-end ICs. Overall the market has a long term growth trend of 8 percent per year. This tracker provides forecasts by region, market segment, application, and by product type. Market share is also provided.