
Semiconductor Industry to Get Back on Track in 2023
By Aarti Dhapte , 20 March, 2023
According to the reports, consumer demand for electronics has fallen by 30 percent with the growing fear of global recession. It says the semiconductor market would have a modest recovery by the second half of 2023 if the global economy does not fall more than the current expectations.
According to survey reports, the Semiconductor Industry Confidence Index Score is 56 for 2023. The last two years were tumultuous year for the semiconductor industry. But the analysts have provided an overall positive report for 2023 regarding the availability of semiconductors.
If we talk about the end of the semiconductor shortage in sight, then 65 percent of survey reports said that the semiconductor shortage would be less in 2023. Whereas 20 percent also think that the deficit will continue in 2024 also. But data says global GDP shows continued growth deceleration in 2023 from 0.3 to 1.0 points.
Another survey says a 6 percent decline in 2023. It can also be noted that the quarterly trends may drive the market negatively for the year 2023. But the semiconductor market is supposed to stabilize towards the typical trends. Along with smartphones and pcs, the traditional market drivers will return to growth. Also, emerging automotive applications and the internet of things (IoT) will become necessary.
Semiconductor Market Forecasts

Latest News

Leading technology giants Amazon, Google, and Meta have teamed up with other big energy users in a historic action at the CERAWeek 2025 energy conference in Houston to promote an ambitious initiative: doubling world nuclear power capacity by 2025…

China's refining sector showed resilience and adaptability in the first months of 2025, raising crude oil throughput by 2.1 percent over the year before. According to the National Bureau of Statistics, this increase resulted in a processing volume of…

In March 2025, Elsevier launched ScienceDirect AI, a world-renowned leader in science and health information science. This state-of-the-art generative AI tool can potentially transform the industry with its revolutionary advances in research. This…

The global electric vehicle (EV) industry has reached a pivotal milestone. The average price of lithium-ion battery packs has dropped below the USD 100 per kilowatt-hour (kWh) threshold, a benchmark long considered critical for achieving price parity…

In 2025, China will focus on self-sufficiency in high-tech industries by further integrating domestically produced semiconductor chips into the country\'s electric vehicle (EV) industry. By doing so, China aims to reduce reliance on foreign…

Team Lead - Research
Latest News




