Improved Energy Efficiency Requirements Lead to Stable Growth in Industrial Traction Semiconductors, IHS Says
Oct 1, 2015
ENGLEWOOD, Colo. (October 1, 2015) – Revenue from the sale of energy-saving semiconductors for large and small transportation equipment, including rail systems, shipping, electric forklifts, mobility scooters and golf carts, grew at a compound annual growth rate (CAGR) of nearly 2 percent to reach $486 million in 2014. The market is expected to reach $525 million in 2019, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.
Roughly 85 percent of semiconductor revenue in the transportation market comes from the sale of power semiconductors. The remaining 12 percent is distributed between sensors, actuators, microcontrollers (MCUs), analog components and optical components. ****
“Semiconductors play a key role in improved energy efficiency in the industrial transportation market,” said Noman Akhtar, Industrial Semiconductor Analyst for IHS Technology. “Increasing requirements for energy efficiency in this sector is, therefore, leading to growth in industrial traction semiconductors.”
Based on information from the latest IHS Industrial Semiconductor Market Tracker , five-year revenue growth for power transistors, power diodes and other discrete semiconductors is expected to be flat, due to the increasing integration of discrete devices in power modules; therefore, most of the long-term growth in transportation semiconductors will primarily come from sales of sensors, analog components and MCUs.
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