Semiconductor sales in 2025 are projected for double-digit growth, reaching a new record, driven by strength in healthcare, communications, defense, AI, transportation and other industries, according to a new report from Semiconductor Industry Association (SIA).
This double-digit growth will piggyback on an increase of 19.1% compared to $627.6 billion in 2024 and up from $526.8 billion in 2023.
Regional sales
Interestingly, in 2024, yearly sales in the Americas was up 44.8%, while China grew 18.3% and Asia Pacific was 12.5%. Sales were down in Japan by -0.4% and way down in Europe at -8.1%.
“As semiconductor sales rise globally, America is projected to triple its domestic chip manufacturing capacity by 2032, putting our country in a strong position to reinforce its supply chains and help meet rising global demand,” said John Neuffer, president and CEO at the SIA. “To keep America on top in chip technology, leaders in Washington should advance policies that promote semiconductor production and innovation, strengthen the high-tech workforce, and restore U.S. trade leadership.”
Some of these buying gains in the U.S. came as the CHIPS and Science Act funding was distributed considerably in 2024.
