An IC is a set of electronic circuits that function as an amplifier, timer, computer memory, and microprocessor. Semiconductor devices such as microcontrollers are used in vehicles. As semiconductor technology has evolved, it has enabled vehicle manufacturers to put together multiple applications on a single chip to optimize performance. Automotive electronics are used in safety systems, driver assistance, powertrain control, communications, and infotainment systems. They play an important role in not only differentiating vehicles but also enhance the overall capabilities and performance of the vehicle.
Analysts forecast the Global Automotive IC market to grow at a CAGR of 9.85 percent over the period 2013-2018.
The Report recognizes the following companies as the key players in the Global Automotive Integrated Circuit (IC) Market: Freescale Semiconductors Inc., Infineon Technologies AG, Renesas Electronics Corp. and STMicroelectronics.
Other Prominent Vendors in the market are: Analog Devices, NXP Semiconductors, On Semiconductor, Robert Bosch, ROHM Semiconductor, Texas Instruments and Toshiba.
The global trend of seeking to reduce greenhouse gas emissions is gaining importance. Thus, semiconductor manufacturers are endeavoring to create semiconductor applications such as powertrain controllers for engines that improve their efficiency.
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Covered in this Report
The Global Automotive IC market can be segmented into seven divisions: Powertrain Control, Comfort and Control, In-vehicle Networking, Chassis Systems, Infotainment Systems, Safety and Control, and Electronic Systems. These are sets of methodologies and technologies that transform unstructured and structured data into meaningful and useful information processes.
Global Automotive IC Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Automotive IC market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, the main factor that drives the demand for automotive ICs is the functionalities of a vehicle that are enabled by ICs. An increase in disposable incomes in emerging markets is driving the demand for increased comfort. This drives the market for in-vehicle communications and infotainment systems.
Further, the report states that these days, vehicles are connected to each other and to other devices through various communication networks; this increases the risk of hacking into the electronic control units of a vehicle. Certain technological challenges also hinder market growth.
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