IHS: automotive semiconductor market up 10% in 2014 to $29B; hybrids, connectivity and ADAS major drivers
Green Car Congress
JANUARY 26, 2015
IHS reported that the fastest growing segments for automotive semiconductors are hybrid-electric vehicles, telematics and connectivity and advanced driver assistance systems (ADAS). The outlook for 2015 is also promising and the automotive semiconductor market is forecast to reach $31B, a strong 7.5% in 2015, a 21% increase over 2014.
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