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 semiconductor revenue in these applications is forecast to achieve a compound annual growth rate (CAGR 2013–2018) of 20%, 19% and 18%t respectively.
Let's personalize your content