Industrial semiconductor market growing at 8% per year

9 February 2005 News

The industrial electronics market has regained momentum of late, primarily driven by disappointing performance in the higher volume markets in the not so recent past. And no wonder. This is not a small market by any means, reaching nearly $14,5 bn this past year, according to research group Databeans.

Although the industrial electronics market is diverse, including end equipment such as test and measurement electronics, medical equipment, controls, automation equipment, military electronics, and aerospace, industrial applications commonly involve signal acquisition, conditioning, and processing, providing a market of opportunities for products like sensors, analog ICs, digital signal processors, and microcontrollers.

After completing a recent study involving over 40 major industrial OEMs, Databeans estimates that industrial semiconductor revenue is growing at a compound annual growth rate of 8% each year, while units are growing even faster at 10% each year. Visibly, the content of semiconductors in the bill of materials is expanding in this segment. Strong application markets include medical imaging, implantable medical devices, wireless utility meter reading, and test equipment.

The study found that the highest growth was attributed to sensors, followed by digital signal processors, optoelectronics, analog and microcontrollers. Competition is strong in this segment. Leading suppliers include Texas Instruments, STMicroelectronics, Philips Semiconductors, Freescale, and Infineon Technologies.

www.databeans.net

Further reading:

From the editor's desk: Exciting times ahead?
Technews Publishing News
There are many subjects that excite me in this world, but two of the larger technical subjects are, firstly, renewable energy, and secondly, the idea of artificial intelligence as it continues to evolve ...

Read more...

---

Microchip expands partnership with TSMC
News
Microchip Technology has announced it has expanded its partnership with TSMC to enable a specialised 40 nm manufacturing capacity at Japan Advanced Semiconductor Manufacturing.

Read more...

---

Huge SA grid battery project
News
A standalone battery energy storage system (BESS) has won preferred bidder status under South Africa’s Energy Storage Capacity Independent Power Producer Procurement Programme (ESIPPPP).

Read more...

---

Mouser sponsors NCP Cup 2024
News
The NXP Cup is an EMEA-based autonomous car competition, presented by NXP Semiconductors, which is designed to provide students with real-world experiences in autonomous vehicle programming and building.

Read more...

---

TrinaTracker brings its smart solar tracking to SA
News
The Vanguard 1P is designed to provide customers with trackers that combine suitability for flat terrain, together with outstanding system stability and reliability, quick installation, and flexible external compatibility.

Read more...

---

Nordex adding 830 MW of wind generation
News
Nordex Energy South Africa will be adding 830 MW of wind energy generation capacity to the company’s already-installed 1 GW base.

Read more...

---

Invertek produces its three millionth drive
iTek Drives News
Invertek Drives Ltd, a global manufacturer of variable frequency drive (VFD) technology, has celebrated producing its three millionth VFD, just three years after its two-million milestone.

Read more...

---

Analog Devices’ digital storefront is live
News
Analog Devices has designed an improved digital experience with users in mind – a new analog.com website and eShop.

Read more...

---

Vicor Powering Innovation podcast
News
The episode explores electrification with Lightning Motorcycles, a company that produces the fastest electric motorcycle on the planet.

Read more...

---

ModusToolbox Workshop 3
News
This workshop will focus on enabling a PSoC development kit, connected over Wi-Fi and leveraging MQTT, to create the framework of an IoT application.

Read more...

---