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Technology Stocks : Game Changers and Market Movers
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From: Paul H. Christiansen11/21/2014 3:31:04 PM
   of 686
 
Automotive Industry Drives Chip Demand

IC Insights compared the six most significant end-user markets for integrated circuits. These are the computer, consumer, communications, automotive, industrial/medical, and government/defense markets. During the time frame, until 2018, the IC demand from automotive customers is expected to exhibit the strongest average annual growth -- 10.8% on average. This is significantly higher than the communications industry, at second place with 6.8%

The computer market, once the IC growth driver per se,apparently is approaching saturation status. With 3.3% CAGR, it shows the lowest growth of all segments (albeit certainly at a very high sales level). In contrast, automotive chip demand is still growing from a smaller base. While a high semiconductor content in earlier years was associated to the luxury class, higher quantities of chips are installed now in vehicles of all categories

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Automotive Industry Drives Chip Demand
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