Strong demand for automotive and medical semiconductors MCU/analog chip

The latest IC Insights report predicts that automotive semiconductors will be the fastest growing market for the entire semiconductor industry between 2015 and 2020, with a compound annual growth rate (CAGR) of 4.9%, followed by industrial/medical applications, and CAGR is expected in the same period. Reached 4.3%. The strong growth of the automotive, industrial/medical applications market will bring huge demand for analog chips, microcontrollers (MCUs) and sensors, and business opportunities are expected. However, IC Insights also said that as of 2020, the proportion of automotive semiconductors in the overall semiconductor market will still be less than 10%, and communication applications are the most important revenue source for the semiconductor industry.

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