Market Research Report
Global Automotive IC Market 2017-2021
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||312453|
|Published||Content info||76 Pages
IC (Integrated circuits) is a set of electronic components and circuits on a semiconductor material normally silicon. These integrations of large numbers of transistors into small chip results into an order of magnitude smaller, cheaper, and faster as compared to discrete electronic components. ICs are defined by the size of individual component and the density of each component. The feature size for IC refers to the smallest dimension in the device. Ideally, ICs will have dimensions of tens of nm. The demand for ICs in automotive is increasing due to the growing concern of safety and governments regulations. The automotive IC suppliers face challenges like high voltage capability, protection against short circuit, unfavorable temperature, good electromagnetic capability.
Technavio's analysts forecast the global automotive IC market to grow at a CAGR of 6.61% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global automotive IC market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
The market is divided into the following segments based on geography:
Technavio's report, Global Automotive IC Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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