The Semiconductor Industry Association (SIA) said the global semiconductor sales will drop 12.1 percent to $412.1 billion in 2019 from $468.8 billion in 2018.
The World Semiconductor Trade Statistics (WSTS) projects significant decreases across all regional semiconductor markets for 2019: Europe (–3.1 percent), Asia Pacific including China (–9.6 percent), Japan (–9.7 percent), and the Americas (–23.6 percent).
The global semiconductor market will be posting 5.4 percent growth in 2020.
SIA said sales of semiconductors dipped 14.6 percent to $32.1 billion in April 2019 from $37.6 billion in April 2018.
Sales rose slightly on a month-to-month basis in Japan (+2.5 percent) and China (+1.8 percent), but decreased in Europe (–1.2 percent), Asia Pacific/All Other (–2.0 percent), and the Americas (–3.0 percent).
Sales were down on a year-to-year basis across all regional markets: Europe (–8.0 percent), Asia Pacific/All Other (–10.7 percent), China (–10.9 percent), Japan (–10.9 percent), and the Americas (–29.5 percent).