Industrial Electronic Chip Market forecast to reach USD 50 billion by 2023 - PowerPoint PPT Presentation

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Industrial Electronic Chip Market forecast to reach USD 50 billion by 2023


Industrial electronic chip market size was valued over USD 33.7 billion in 2013 and it is estimated to reach USD 50 billion by 2023. The growth in the industry can be subjected to strengthening global economy along with increasing purchasing confidence among various nations. – PowerPoint PPT presentation

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Title: Industrial Electronic Chip Market forecast to reach USD 50 billion by 2023

Industrial Electronic Chip Market forecast to
reach USD 50 billion by 2023 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Regional Analysis of Industrial Electronic Chip
  • Asia Pacific industrial electronic chip market is
    estimated to witness convincing growth due to
    flourishing medical electronics accompanied by
    proliferating factory automation in the region.
    Flourishing energy manufacturing industry in
    China is forecast to have intensifying effects on
    electronic chip market from 2016 to 2023.
  • Europe industrial electronic chips market is also
    expected to exhibit high growth prospects due to
    the presence of leading company namely Siemens in
    the region.
  • In addition, thirteen European countries were
    ranked among top twenty industrial electronics
    chip market in 2014. The countries encapsulated
    were France, Germany, Switzerland, Sweden,
    Finland and Italy among others.

  • Application Analysis of Industrial Electronic
    Chip Market
  • Rising use of semi conductor content in
    automotive industry might surge the industry
    demand for industrial electronic chips. Advent of
    various systems such as night-vision to recognize
    pedestrians, animals and vulnerabilities on the
    road in low-light conditions airbags packed in
    shoulder harness of seatbelts and the ability to
    customize the dashboard appearance for dashboard
    instrument panels are likely to fuel the
    industrial electronic chip market growth over the
    forecast period.
  • Electronic chips aids in decreasing the size as
    well as weight of the component or as complete
    system. It also facilitates in reducing power
    loss and consumes less power. It furnishes with
    higher operating speeds owing to the absence of
    parasitic capacitance effect.
  • The power rating of electronic chip is limited to
    not more than 10 watts hence this might pose as
    challenge to the industry. In addition, these
    chips need to be handled with care, as it may not
    work if wrongly held or exposed to excessive
    heat. Fabricating a chip with low noise might
    challenge the industry demand.

Competitive Market Share of Industrial
Electronic Chip Market
  • Major five countries leading in industrial
    electronics chip industry are Germany, United
    States, Japan, France and China. These countries
    accounted for more than 70 share of the overall
    industry. U.S is anticipated to witness high
    growth owing to hike in the test measurement
    and housing industry. This surge in the industry
    is likely to upturn usage of electronics in
    building as well as home control sector.
  • Key industry participants in industrial
    electronic chip market share include intel,
    qualcomm, Samsung electronics, SK Hynix, Micron
    technology, Toshiba, Texas Instruments, Broadcom,
    STMicroelectronics, Media Tek, Renesas, SanDisk,
    Infibeam, Avago terchnologies, NXP, Advance micro
    devices (AMD), Sony, Freescale Semiconductor,
    nVidia, Marvell technology group, ON
    semiconductor, Analog Devices, Apple, HiSilicon,
    ROHM among others.


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