The latest report from market research firm IC Insights shows that the automotive industry's demand for semiconductor wafers is growing at a higher rate than other applications, while the areas such as computers and consumer electronics, which are traditionally mainstream in wafer applications, are growing weakly; Beyond Europe to become the largest automotive wafer market. IC Insights estimates that between 2014 and 2019, wafer demand from the automotive industry grew at an average annual rate of 6.7%, which is more than 2% higher than the average annual growth rate of the overall wafer industry during the same period of 4.3%. The organization divides the wafer industry into six application areas: automotive, computer, consumer electronics, communications, government/military, and industrial/medical. One of the main reasons for the continued strong demand for wafers in the automotive industry is that the increasing wiring and automation capabilities of automobiles come from more and more semiconductor components. The demand for wafers in the automotive industry is also relatively stable compared to other industries. Its product design and production cycle is longer. Demand for wafers from the automotive industry grew by an average of 6.7% per year, which is 2% higher than the average annual growth rate of 4.3% in the overall wafer industry. According to IC Insights, the new generation of advanced driver assistance systems (ADAS) equipped with automobiles The computing burden is rapidly increasing, in order to support a wider sensing distance, higher detection precision, and perform higher performance algorithms to quickly and effectively respond to many different driving situations. IC Insights estimates that vehicle IC sales in 2015 will account for 7.3% of total IC sales of 287.1 billion; but despite the rapid growth of other terminal applications, the proportion of automotive ICs in the overall IC market is not expected. Too much increase, by 2019, vehicle IC sales are estimated to increase to only 8.1% in the overall IC market with a size of $358.7 billion. This is because the average selling price (ASP) of automotive ICs continues to decline, especially analog components, microcontrollers (MCUs) and special application logic components; this limits the growth of automotive ICs in the overall IC market. Other IC Insights reports on the automotive IC market include: · The automotive IC market is expected to decline by 1% in 2015, but 2016 is expected to grow by 7% to reach US$22.2 billion and further grow to US$29.2 billion in 2019. · The Asia Pacific region is expected to surpass Europe in 2015 to become the world's largest automotive IC market, and by 2019 will be the most robust automotive IC regional market (CAGR 10.4%). · Analog ICs and microcontrollers predict that the market will continue to market the two largest product categories in the automotive IC market in 2015, accounting for 44% and 30% respectively; the automotive memory IC market is forecast to be in 2015 by 2018. The $1.6 billion has doubled to $3.5 billion.
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