TechNavio today launched its report Global Analog IC Market 2011-2015 based on an in-depth study covering the Americas and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Hardware team said; ”Analog integrated circuits (ICs) are being increasingly used in light-emitting diode (LED) lighting applications because of their power-efficient functions. The demand for LED lighting systems is growing because they consume less power and provide more brightness. LEDs are widely deployed in industrial and commercial applications, as well as in household lighting applications. LEDs are also preferred in the Automotive segment. Thus, the demand for power-efficient LEDs is leading to the increasing usage of analog ICs in them.”
According to the report, the Automotive segment is one of the major growth areas for the Global Analog IC market. Analog ICs are used for various applications in vehicles such as for sensor applications, power management, fuel efficiency, and engine control. In the Automotive segment, there is high demand for Analog ICs from electric vehicles, as these analog ICs enhance the battery life of electric vehicles with their power management function. Thus, the increasing demand from the Automotive segment is driving the Global Analog IC market.
Further, the report also discusses that the major challenge for the market is the demand and supply imbalance of analog ICs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://goo.gl/TDUPX
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TechNavio Announces the Publication of its Report – Global Analog IC Market 2011-2015
