Global Automotive Semiconductor Market 2010-2014

Worldwide Automotive Semiconductor market to grow at a CAGR of 7.2% during 2010–2014

This is an in-depth study covering the Americas, and the EMEA and APAC regions. The report aids decision makers’ understanding of the present and the future landscape of the Global Automotive Semiconductor market.

Commenting on the report, an analyst from TechNavio’s Embedded Systems team said, “The Global Automotive Semiconductor market is driven by advancements occurring in automotive technology. Advanced features such as mechatronics that is an integration of various areas of engineering such as mechanical, electronic, computer, software, control engineering, and systems designs seek to enhance the safety and control systems in the design of automobiles. As a result of these innovative technologies, many automobile functions are transformed from conventional mechanical systems to microcomputer control.”

According to the report, the automotive semiconductor technology helps to reduce the weight of the
automobiles. Lighter automotive design increases energy efficiency and reduces emissions from automobiles. Most experts agree for every 10 percent in weight reduction, there is a 7 percent improvement in fuel efficiency for vehicles powered by internal combustion engines. So this lighter automotive design is in turn increasing the market for automotive semiconductor.

The report also discusses that pricing challenges have been hindering the growth of semiconductor usage in cars and trucks.

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.

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