The biggest growth driver for the semiconductor industry will come from cars

更新时间：2017-11-22 08:32:42•点击：5185 • the view of IC field

PC is no longer a killer application of the semiconductor, replaced by many new applications continue to emerge. These include the automotive semiconductor market - a strong market that has dominated the semiconductor industry for years.

The personal computer (PC) market has been the single largest driver of semiconductor sales for years, but has fallen for the sixth consecutive year in recent years. Meanwhile, the semiconductor industry in 2017 is expected to usher in the best selling year, of which the strongest growth momentum comes from the automotive market, and this growth strength will continue until 2021.

PC is no longer a killer application of the semiconductor, replaced by many new applications continue to emerge. These include the automotive semiconductor market - a strong market that has dominated the semiconductor industry over the years - and as the number of semiconductor products in each car increases, automotive semiconductors quickly become the most important market for the semiconductor industry.

In fact, IC Insights, a market research firm, predicts that the automotive semiconductor market will be the strongest market for chip end applications at least in 2021. According to the company's forecast, automotive electronics sales will grow at a compound annualized growth rate (CAGR) of 5.4% from 2016 to 2021.

According to IC Insights, this growing trend comes from the increasing demand for automotive electronic systems in the marketplace, with increasing focus on driverless (autonomous) vehicles, vehicle-to-vehicle (V2V) and vehicle-to-infrastructure ) Communications, as well as automotive safety, convenience and environmental features, not to mention the interest in electric vehicles (EVs).

As a result, IC Insights predicts that car IC sales in 2017 will increase by 22% and will continue to grow by 16% next year.

The global market for electronic systems in 2017 is expected to reach $ 1.49 trillion, with the automotive market accounting for 9.1%, slightly up from 8.9% in 2015 and 9% in 016. IC Insights pointed out that the share of automobiles in the global electronic system has been slightly increased in recent years and is expected to maintain this slow growth trend to 2021 when the market share of automotive electronics in the global electronic system will account for 9.8% .

IC Insights said that despite the increasing number of electronic systems in the car, the market share of automotive end-use applications far exceeds current share of the overall electronics system by 2021 due to pricing pressures on ICs and electronic systems.

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According to IC Insights' latest report on drivers for the semiconductor industry, CAGR for industrial electronic systems is expected to reach 4.6% by 2021. The company said growth in applications from robots, wearable devices and systems that promote the Internet of Things will help drive growth in this area.
Other CAGR projections listed in the report include a 4.2% growth in communications systems and about 2.8% in consumer electronics systems. IC Insights also noted that CAGR in the PC market will be the lowest among all major semiconductor driveways in 2021.

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