- The key vendors in the Global Automotive IC Market 2014-2018 are Freescale Semiconductors Inc., Infineon Technologies AG, Renesas Electronics Corp. and STMicroelectronics.
London, 03 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Automotive IC Market 2014-2018. The global trend of seeking to reduce greenhouse gas emissions is gaining importance encouraging semiconductor manufacturers are endeavoring to create semiconductor applications such as powertrain controllers for engines that improve their efficiency. The market is expected to post a CAGR of 9.85 percent during the forecast period of 2013-2018.
“The Global Automotive IC market is mainly driven by the increasing demand for comfort and convenience, especially in the APAC region. Increasing demand for automobiles and a comfortable and safe ride drives the automotive market,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
