Hardware equipment industry

In 2020, the global semiconductor industry’s revenue will be $449.8 billion, with a year-on-year growth of 7.3%

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The following is the In 2020, the global semiconductor industry’s revenue will be $449.8 billion, with a year-on-year growth of 7.3% recommended by recordtrend.com. And this article belongs to the classification: Hardware equipment industry.

Last year, many industries around the world were affected by the epidemic. The fuel vehicle industry was more obvious. The sales of Volkswagen and BMW both declined significantly last year. With the increasing importance of electronic products, semiconductor components play an extremely important role. At first, research institutions expected that the epidemic would bring adverse effects to the semiconductor industry, but the final result was unexpected. The revenue of the global semiconductor industry did not decline due to the epidemic last year, but still increased significantly.

According to the data of research institutions, in 2020, the global semiconductor industry’s revenue was 449.8 billion US dollars, a year-on-year growth of 7.3%, reversing the continuous downward trend. In 2019, the revenue was 12% lower than the same period last year.

According to the reports of foreign media, the Research Institute did initially predict that the epidemic would bring impact to all hardware fields of electronic products, and then bring adverse effects to the development of the semiconductor industry. Some sectors of the automotive, industrial and consumer markets have also been hit hard, with less spending by enterprises and consumers and less demand for semiconductor products in these sectors.

However, affected by the epidemic, the demand for home-based work and study has increased, and the industry that provides electronic products for home-based activities has benefited. This is also an important reason why the global semiconductor industry’s revenue has not been affected by the epidemic and has declined.

More reading from techweb: Morgan Stanley: it is estimated that the overall sales of the semiconductor industry will decrease by 4.7% in 2019. Gartner: the total global semiconductor revenue in 2018 will reach US $476.7 billion, with a year-on-year growth of 13.4%. Eight key words of the semiconductor industry in 2020: IHS: the revenue of the semiconductor industry in 2014 will reach US $353 billion, with a growth of nearly 10%. WSTS: it is estimated that the sales of the global semiconductor industry will reach US $469 billion in 2021 Year on year growth of 8.4% IHS Markit: it is estimated that the global semiconductor industry in 2019 will drop by nearly 13% compared with last year Zhidong: in 2019, the global semiconductor industry will enter the stock competition, and the semiconductor industry will usher in the domestic substitution opportunity period Insight: capital investment forecast of the semiconductor industry in 2017 Taiwan’s semiconductor industry’s profit is meager struggling to survive us semiconductor industry agreement: global semiconductor revenue in October 2013 reached US $27.06 billion, with a year-on-year growth of 7% PCAST: ensuring the long-term leading position of the US in the semiconductor industry report (with download) IDC: global semiconductor industry’s revenue in 2012 was US $295 billion PwC: China’s impact on semiconductor industry in 2015

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