Forecast revenue growth rate global semiconductor industry 1988-2021
In 2020, the global semiconductor industry is predicted to grow by 3.3 percent compared to the previous year, a recovery from the 12 percent fall that the market experienced in 2019. Semiconductors are crucial components of electronics devices. Due to their ability to conduct electricity under some circumstances but not others, they are useful for controlling electrical currents. By adding impurities to a semiconductor, manufacturers are able to customize its conductivity, such as by making it light- or heat-sensitive.
