Asia-Pacific IC usage domination growing
Asia-Pacific is forecast to account for nearly 59 percent of the $285.9 billion IC market in 2014, followed by the Americas region, Europe, and Japan. Asia-Pacific is particularly dominant in the computer and communications categories and to a lesser extent in consumer and industrial.
The Asia-Pacific region is forecast to gain IC marketshare over the next four years and reach 60.9 percent in 2017. In contrast, Europe and Japan are expected to continue to decline in share with the Japan region holding only 7.7 percent the total $330.2 billion IC market in 2017.
Europe is forecast to account for the largest share of the automotive IC market in 2014, but with Asia-Pacific increasingly becoming the focus of new car sales, it is expected to gain top share of IC sales in this systems segment in 2016.
2014 IC usage by system type ($ millions). Source: IC Insights.
The communications segment surpassed the computer segment as a market for ICs in 2013 and is forecast to extend its market share lead in 2014. The two highest growth end-use markets for ICs are forecast to be automotive and communications, having 11.0 and 7.4 percent compound annual growth rate across the period 2013 to 2017.
Related links and articles:
News articles:
Europe falls in top 20 chip company ranking for 1H14
IC Insights raises forecast for automotive semiconductors
Analog shipment growth to lead chip industry
If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :
