Global Information Inc. would like to present a new market research report, "2010 Semiconductors" by Databeans, Inc..
Databeans projects that the worldwide semiconductor market will reach $280.26 billion in global sales for 2010. Total global unit shipments are slated to reach 666.33 billion in 2010. Furthermore, average selling prices (ASPs) across the industry as a whole are expected to slightly decline from $0.43 in 2009 to $0.42 in 2010.
The semiconductor industry continues play a pivotal role in global economies, particularly those in developing regions. Despite declines across all key segments during the recession, the overall semiconductor industry is projected to rebound in 2010 and beyond. Growth is expected for the industry as businesses and customers begin the replacement cycle. According to Databeans projections, revenue for the entire semiconductor market will grow 24 percent between 2009 and 2010.
According to the report, "chip manufacturing is moving to Asia Pacific countries. China, in particular, is expected to remain the largest and most important region here thanks to its rapidly growing consumer class and green energy initiatives." More recently, upstarts in China have transitioned from low-end assembly and manufacturing towards the production of more advanced technology goods.
There are those who believe that the technology industry is now facing a growing shortage of semiconductors and other high-tech components due to failure to invest in new manufacturing facilities during the recession. Most companies delayed ramping up production until the beginning of 2010, when several regional markets showed signs of recovery from recession. Consequentially, most firms will not reap the benefits of rapidly returning demand until post-2011.