The following econometric studies cover the world outlook for semiconductors, semiconductor manufacturing equipment and materials across more than 200 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created.

The reports listed below do not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The studies also do not consider short-term cyclicalities that might affect realized sales. These studies, therefore, are strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved. The studies do not report actual sales data (which are simply unavailable, in a comparable or consistent manner in virtually all of the 230 countries of the world). This studies give, however, an estimates for the worldwide latent demand, or the P.I.E. for semiconductors, semiconductor manufacturing equipment and materials. The reports also show how the P.I.E. is divided across the world’s regional and national markets. For each country, we also show our estimates of how the P.I.E. grows over time (positive or negative growth). In order to make these estimates, a multi-stage methodology was employed that is often taught in courses on international strategic planning at graduate schools of business.
  
 
WHAT IS LATENT DEMAND AND THE P.I.E.?

The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant, not observable or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price, quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists as the industry earnings of a market when that market becomes accessible and attractive to serve by competing firms. It is a measure, therefore, of potential industry earnings (P.I.E.) or total revenues (not profit) if a market is served in an efficient manner. It is typically expressed as the total revenues potentially extracted by firms. The “market” is defined at a given level in the value chain. There can be latent demand at the retail level, at the wholesale level, the manufacturing level, and the raw materials level (the P.I.E. of higher levels of the value chain being always smaller than the P.I.E. of levels at lower levels of the same value chain, assuming all levels maintain minimum profitability).

The latent demand for for semiconductors, semiconductor manufacturing equipment and materials is not actual or historic sales. Nor is latent demand future sales. In fact, latent demand can be lower or higher than actual sales if a market is inefficient (i.e. not representative of relatively competitive levels). Inefficiencies arise from a number of factors, including the lack of international openness, cultural barriers to consumption, regulations, and cartel-like behavior on the part of firms. In general, however, latent demand is typically larger than actual sales in a country market.

For reasons discussed later, these reports do not consider the notion of “unit quantities”, only total latent revenues (i.e. a calculation of price times quantity is never made, though one is implied). The units used in this report are U.S. dollars not adjusted for inflation (i.e. the figures incorporate inflationary trends) and not adjusted for future dynamics in exchange rates. If inflation rates or exchange rates vary in a substantial way compared to recent experience, actually sales can also exceed latent demand (when expressed in U.S. dollars, not adjusted for inflation). On the other hand, latent demand can be typically higher than actual sales as there are often distribution inefficiencies that reduce actual sales below the level of latent demand.

As mentioned in the introduction, this study is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved. If fact, all the current products or services on the market can cease to exist in their present form (i.e. at a brand-, R&D specification, or corporate-image level) and all the players can be replaced by other firms (i.e. via exits, entries, mergers, bankruptcies, etc.), and there will still be an international latent demand for for semiconductors, semiconductor manufacturing equipment and materials at the aggregate level. Product and service offering details, and the actual identity of the players involved, while important for certain issues, are relatively unimportant for estimates of latent demand.

To order any of these reports, please download and complete our fax order form.
Reports are delivered by E-mail in PDF format.

The 2011-2016 World Outlook for Enterprise Storage System Semiconductors
ISBN: 1114861553

The 2011-2016 World Outlook for Semiconductor Assembly and Test Services (SATS)
ISBN: 1114867527

The 2011-2016 World Outlook for Semiconductor Intellectual Property (IP)
ISBN: 1114867535

The 2011-2016 World Outlook for Semiconductor Outsourcing Services
ISBN: 1114867543

The 2011-2016 World Outlook for Automotive Semiconductor Battery Chargers
ISBN: 1114841056

The 2011-2016 World Outlook for Discrete Semiconductors
ISBN: 1114844837

The 2011-2016 World Outlook for Electric Furnaces and Ovens for Diffusion, Oxidation, and Annealing of Semiconductor Wafers Excluding High-Frequency Induction and Dielectric and Resistance-Heated Furnaces and Ovens and All Parts and Attachments
ISBN: 1114839957

The 2011-2016 World Outlook for Industrial and Railroad Semiconductor Battery Chargers
ISBN: 1114841064

The 2011-2016 World Outlook for Integrated Microcircuits, Semiconductor Networks, Microprocessors, and MOS Memories
ISBN: 1114783048

The 2011-2016 World Outlook for Lead Frame Inserting Machines and O
Ther Assembly and Packaging Equipment for Semiconductor Manufacturing Machinery Excluding Mold-And-Seal and Finish-And-Mark Packaging Equipment
ISBN: 1114777285

The 2011-2016 World Outlook for Manufacturing Capacitors, Resistors, Microprocessors, Bare and Loaded Printed Circuit Boards, Electron Tubes, Electronic Connectors, Computer Modems, Semiconductors, and O
Ther Electronic Components
ISBN: 1114779261

The 2011-2016 World Outlook for Manufacturing Instruments for Measuring and Testing
The Characteristics of Electricity and Electrical Signals, Circuit and Continuity Testers, Volt Meters, Ohm Meters, Wattmeters, Multimeters, and Semiconductor Test Equipme
ISBN: 1114778508

The 2011-2016 World Outlook for Manufacturing Wafer Processing Equipment, Semiconductor Assembly and Packaging Equipment, and O
Ther Semiconductor Making Machinery
ISBN: 1114776793

The 2011-2016 World Outlook for Microwave Components and Devices Excluding Antennae, Tubes, and Semiconductors
ISBN: 1114774480

The 2011-2016 World Outlook for Mold-And-Seal and Finish-And-Mark Packaging Equipment for Semiconductor Manufacturing Machinery
ISBN: 1114773999

The 2011-2016 World Outlook for Packaging Equipment and O
Ther Parts for Semiconductor Manufacturing Machinery
ISBN: 1114768928

The 2011-2016 World Outlook for Parts for Ion Beam and Plasma Machines Used to Process Semiconductor Wafers and Designs by Removal of Material
ISBN: 1114766844

The 2011-2016 World Outlook for Parts for Ion Implanters Used for Doping Semiconductor Wafers
ISBN: 1114766836

The 2011-2016 World Outlook for Parts for Machine Tools Used to Produce and Process Semiconductor Wafers
ISBN: 1114766828

The 2011-2016 World Outlook for Plasma Etch Semiconductor Wafer Processing Equipment
ISBN: 1114765031

The 2011-2016 World Outlook for Saws and Scribing-Fracturing, Die Bonding, and Wire Bonding Semiconductor Assembly Dicing Machines
ISBN: 1114829684

The 2011-2016 World Outlook for Semiconductor and Power Conversion Apparatus
ISBN: 1114828300

The 2011-2016 World Outlook for Semiconductor and Related Device Manufacturing
ISBN: 1114828297

The 2011-2016 World Outlook for Semiconductor Chips, Wafers, Heat Sinks, and O
Ther Parts and Devices
ISBN: 1114828289

The 2011-2016 World Outlook for Semiconductor High-Voltage Power Supplies in Excess of 2 KV and 100 KW or Less
ISBN: 1114828270

The 2011-2016 World Outlook for Semiconductor High-Voltage Power Supplies in Excess of 2 KV and More Than 100 KW
ISBN: 1114828262


The 2011-2016 World Outlook for Semiconductor Manufacturing Equipment Excluding Furnaces and Ovens, Instruments, and Photographics
ISBN: 1114828254

The 2011-2016 World Outlook for Semiconductor Network Integrated Microcircuits
ISBN: 1114828246

The 2011-2016 World Outlook for Semiconductor Testing Equipment
ISBN: 1114828203

The 2011-2016 World Outlook for Thin-Layer Chemical Vapor Deposition Semiconductor Wafer Processing Equipment
ISBN: 1114820598

The 2011-2016 World Outlook for Thin-Layer Epitaxial Growth Deposition Semiconductor Wafer Processing Equipment
ISBN: 111482058X

The 2011-2016 World Outlook for Thin-Layer Physical Vapor Deposition Semiconductor Wafer Processing Equipment
ISBN: 1114820571

The 2011-2016 World Outlook for Wafer Processing Equipment Used to Grind and Polish Semiconductor Wafers
ISBN: 1114816582

The 2011-2016 World Outlook for Wet Etch Semiconductor Wafer Processing Equipment
ISBN: 1114815853

TABLE OF CONTENTS

1  INTRODUCTION 
    1.1    Overview  
    1.2    What is Latent Demand and the P.I.E.?  
    1.3    The Methodology  
      1.3.1      Step 1. Product Definition and Data Collection       
      1.3.2      Step 2. Filtering and Smoothing       
      1.3.3      Step 3. Filling in Missing Values       
      1.3.4      Step 4. Varying Parameter, Non-linear Estimation       
      1.3.5      Step 5. Fixed-Parameter Linear Estimation       
      1.3.6      Step 6. Aggregation and Benchmarking       
      1.3.7      Step 7. Latent Demand Density: Allocating Across Cities   
    
2  SUMMARY OF FINDINGS
    2.1    The Worldwide Market Potential  

3  AFRICA & THE MIDDLE EAST
    3.1    Executive Summary  
    3.2    Afghanistan  
    3.3    Algeria  
    3.4    Angola  
    3.5    Armenia  
    3.6    Azerbaijan  
    3.7    Bahrain  
    3.8    Benin  
    3.9    Botswana  
    3.10    Burkina Faso  
    3.11    Burundi  
    3.12    Cameroon  
    3.13    Cape Verde  
    3.14    Central African Republic  
    3.15    Chad  
    3.16    Comoros  
    3.17    Congo (formerly Zaire)  
    3.18    Cote d'Ivoire  
    3.19    Djibouti  
    3.20    Egypt  
    3.21    Equatorial Guinea  
    3.22    Ethiopia  
    3.23    Gabon  
    3.24    Ghana  
    3.25    Guinea  
    3.26    Guinea-Bissau  
    3.27    Iran  
    3.28    Iraq  
    3.29    Israel  
    3.30    Jordan  
    3.31    Kenya  
    3.32    Kuwait  
    3.33    Kyrgyzstan  
    3.34    Lebanon  
    3.35    Lesotho  
    3.36    Liberia  
    3.37    Libya  
    3.38    Madagascar  
    3.39    Malawi  
    3.40    Mali  
    3.41    Mauritania  
    3.42    Mauritius  
    3.43    Morocco  
    3.44    Mozambique  
    3.45    Namibia  
    3.46    Niger  
    3.47    Nigeria  
    3.48    Oman  
    3.49    Pakistan  
    3.50    Palestine  
    3.51    Qatar  
    3.52    Republic of Congo  
    3.53    Reunion  
    3.54    Rwanda  
    3.55    Sao Tome E Principe  
    3.56    Saudi Arabia  
    3.57    Senegal  
    3.58    Sierra Leone  
    3.59    Somalia  
    3.60    South Africa  
    3.61    Sudan  
    3.62    Swaziland  
    3.63    Syrian Arab Republic  
    3.64    Tajikistan  
    3.65    Tanzania  
    3.66    The Gambia  
    3.67    The United Arab Emirates  
    3.68    Togo  
    3.69    Tunisia  
    3.70    Turkey  
    3.71    Turkmenistan  
    3.72    Uganda  
    3.73    Uzbekistan  
    3.74    Western Sahara  
    3.75    Yemen  
    3.76    Zambia  
    3.77    Zimbabwe  
4  ASIA
    4.1    Executive Summary  
    4.2    Bangladesh  
    4.3    Bhutan  
    4.4    Brunei  
    4.5    Burma  
    4.6    Cambodia  
    4.7    China  
    4.8    Hong Kong  
    4.9    India  
    4.10    Indonesia  
    4.11    Japan  
    4.12    Laos  
    4.13    Macau  
    4.14    Malaysia  
    4.15    Maldives  
    4.16    Mongolia  
    4.17    Nepal  
    4.18    North Korea  
    4.19    Papua New Guinea  
    4.20    Philippines  
    4.21    Seychelles  
    4.22    Singapore  
    4.23    South Korea  
    4.24    Sri Lanka  
    4.25    Taiwan  
    4.26    Thailand  
    4.27    Vietnam  
5  EUROPE
    5.1    Executive Summary  
    5.2    Albania  
    5.3    Andorra  
    5.4    Austria  
    5.5    Belarus  
    5.6    Belgium  
    5.7    Bosnia and Herzegovina  
    5.8    Bulgaria  
    5.9    Croatia  
    5.10    Cyprus  
    5.11    Czech Republic  
    5.12    Denmark  
    5.13    Estonia  
    5.14    Finland  
    5.15    France  
    5.16    Georgia  
    5.17    Germany  
    5.18    Greece  
    5.19    Hungary  
    5.20    Iceland  
    5.21    Ireland  
    5.22    Italy  
    5.23    Kazakhstan  
    5.24    Latvia  
    5.25    Liechtenstein  
    5.26    Lithuania  
    5.27    Luxembourg  
    5.28    Malta  
    5.29    Moldova  
    5.30    Monaco  
    5.31    Norway  
    5.32    Poland  
    5.33    Portugal  
    5.34    Romania  
    5.35    Russia  
    5.36    San Marino  
    5.37    Slovakia  
    5.38    Slovenia  
    5.39    Spain  
    5.40    Sweden  
    5.41    Switzerland  
    5.42    The Netherlands  
    5.43    The United Kingdom  
    5.44    Ukraine  
6  LATIN AMERICA
    6.1    Executive Summary  
    6.2    Argentina  
    6.3    Belize  
    6.4    Bolivia  
    6.5    Brazil  
    6.6    Chile  
    6.7    Colombia  
    6.8    Costa Rica  
    6.9    Ecuador  
    6.10    El Salvador  
    6.11    French Guiana  
    6.12    Guatemala  
    6.13    Guyana  
    6.14    Honduras  
    6.15    Mexico  
    6.16    Nicaragua  
    6.17    Panama  
    6.18    Paraguay  
    6.19    Peru  
    6.20    Suriname  
    6.21    The Falkland Islands  
    6.22    Uruguay  
    6.23    Venezuela  
7  NORTH AMERICA & THE CARIBBEAN
    7.1    Executive Summary  
    7.2    Antigua and Barbuda  
    7.3    Aruba  
    7.4    Barbados  
    7.5    Bermuda  
    7.6    Canada  
    7.7    Cuba  
    7.8    Dominica  
    7.9    Dominican Republic  
    7.10    Greenland  
    7.11    Grenada  
    7.12    Guadeloupe  
    7.13    Haiti  
    7.14    Jamaica  
    7.15    Martinique  
    7.16    Puerto Rico  
    7.17    St. Kitts and Nevis  
    7.18    St. Lucia  
    7.19    St. Vincent and the Grenadines  
    7.20    The Bahamas  
    7.21    The British Virgin Islands  
    7.22    The Cayman Islands  
    7.23    The Netherlands Antilles  
    7.24    The U.S. Virgin Islands  
    7.25    The United States  
    7.26    Trinidad and Tobago  
8  OCEANA
    8.1    Executive Summary  
    8.2    American Samoa  
    8.3    Australia  
    8.4    Christmas Island  
    8.5    Cook Islands  
    8.6    Fiji  
    8.7    French Polynesia  
    8.8    Guam  
    8.9    Kiribati  
    8.10    Marshall Islands  
    8.11    Micronesia Federation  
    8.12    Nauru  
    8.13    New Caledonia  
    8.14    New Zealand  
    8.15    Niue  
    8.16    Norfolk Island  
    8.17    Palau  
    8.18    Solomon Islands  
    8.19    The Northern Mariana Island  
    8.20    Tokelau  
    8.21    Tonga  
    8.22    Tuvalu  
    8.23    Vanuatu  
    8.24    Wallis and Futuna  
    8.25    Western Samoa  

9  DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
    9.1    Disclaimers & Safe Harbor