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Products from the German manufacturer Infineon
Photo: Sven Hoppe / dpa
In view of the global shortage of chips, the prices for the coveted semiconductors have risen worldwide, according to the association. Around the globe this year semiconductors will be sold for almost 551 billion US dollars, estimated the electronics industry association ZVEI at the start of the Productronica trade fair in Munich. That would be 25 percent more than in 2020. It is unclear what proportion of this is made up of higher prices and increased production figures - but it is clear that price increases play a role.
"It's a mix, although we can't explain the mix in percentages," said Christoph Stoppok, the ZVEI's specialist for electronic components.
According to the association, the manufacturers are working at their capacity limits.
“If there are even line stoppages in the auto industry, then you also know that the demand is extremely high and that everything is done on the production side that can be exploited," said Stoppok.
The boom is set to continue in 2022
Demand is equally high in Asia, North America and Europe, with Europe, including Germany, only playing a minor role in the global electronics market.
The manufacturers generate seventy percent of their estimated sales of 551 billion dollars in Asia, almost forty percent in China alone.
The whole of Europe, the Middle East and Africa together, on the other hand, have a share of less than ten percent.
The German electronics industry is also benefiting from the boom in demand.
However, not all orders can be fulfilled because preliminary products are missing.
That said Nicolas Schweizer, the chairman of the ZVEI professional association for electronic systems.
For the coming year, the ZVEI expects high sales growth of around nine percent on the world market for electronic components, which includes semiconductors.
beb / dpa
