Global Semiconductor Sales Increase 24% Year-to-Year in October; Annual Sales Projected to Increase 26% in 2021, Exceed $600 Billion in 2022

by Semiconductor Industry Association

WASHINGTON—Dec. 2, 2021—The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors were $48.8 billion in October 2021, an increase of 24.0% from the October 2020 total of $39.4 billion and 1.1% more than the September 2021 total of $48.3 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.

Additionally, a newly released WSTS industry forecast projects annual global sales will increase 25.6% in 2021 and 8.8% in 2022. SIA represents 98% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.

“Global semiconductor demand remained high in October, with year-to-year sales increasing substantially across all major regional markets,” said John Neuffer, SIA president and CEO. “Annual chip sales and units shipped are projected to reach all-time highs in 2021, with moderate annual growth expected in 2022.”

Regionally, year-to-year and month-to-month sales increased across all major regional markets: the Americas (29.2% year-to-year, 2.6% month-to-month), Europe (27.3%, 2.8%), Japan (23.7%, 1.1%), Asia Pacific/All Other (22.6%, 0.2%), and China (21.1%, 0.3%).

Additionally, SIA today endorsed the WSTS Fall 2021 global semiconductor sales forecast, which projects the industry’s worldwide sales will be $553.0 billion in 2021, a 25.6% increase from the 2020 sales total of $440.4 billion. WSTS projects year-to-year increases in Asia Pacific (26.7%), Europe (25.6%), the Americas (24.6%), and Japan (19.5%). In 2022, the global market is projected to post moderate growth of 8.8% to reach $601.5 billion in annual sales. WSTS tabulates its semi-annual industry forecast by gathering input from an extensive group of global semiconductor companies that provide accurate and timely indicators of semiconductor trends.

For comprehensive monthly semiconductor sales data and detailed WSTS forecasts, consider purchasing the WSTS Subscription Package. For detailed historical information about the global semiconductor industry and market, consider ordering the SIA Databook.

October 2021 chart and graph

WSTS Fall Forecast

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About SIA
The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America’s top export industries and a key driver of America’s economic strength, national security, and global competitiveness. Semiconductors – the tiny chips that enable modern technologies – power incredible products and services that have transformed our lives and our economy. The semiconductor industry directly employs over a quarter of a million workers in the United States, and U.S. semiconductor company sales totaled $208 billion in 2020. SIA represents 98% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, SIA seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at www.semiconductors.org.