Worldwide semiconductor sales for January 2011 were US$25.5 billion, a gain of 1.5% from the prior month when sales were US$25.2 billion, according to SIA. Sales on an annual basis increased by 14% from US$22.4 billion in January 2010.
"The industry will continue to benefit from steady growth, as semiconductor content increases in a wide range of products. The impressive growth in semiconductor sales over the past year has been driven by strong demand across all major end markets as the products we use everyday become smarter, faster, and less expensive," said Brian Toohey, president of SIA. "We are especially encouraged by this trend in the industrial and automotive sectors, which saw significant growth."
The integration of semiconductors has increased across all verticals including consumer, automotive, computer, industrial, communications and government applications where the industry saw a 32% rise in 2010, SIA indicated. Specifically, semiconductor sales to both the industrial and automotive sectors saw significant growth which increased by 50% and 44%, respectively, in 2010.
The integration of energy efficient tools and increased automation in industrial applications can account for some of the growth in this sector's use of semiconductors, SIA said. In the automotive sector, increased demand for semiconductor enabled technologies can be attributed to emerging hybrid and electric vehicles, entertainment applications, engine controls and navigation systems.