Market research firm IC Insights to the latest report shows that the auto industry demand for semiconductor wafer growth rate higher than that of other applications, such as computers and consumer electronics at the same time is traditionally a mainstream chip application fields, anemic growth; And Asia Pacific beyond Europe as the biggest car chip market.

IC Insights, estimates that between 2014 and 2019, the chips of the auto industry from demand to grow by an average of 6.7% a year, than the whole chip industry in the same period the average annual growth rate of more than 2% higher than that of 4.3%. The agency will chip industry is divided into six applications, cars, computers, consumer electronics, communications, government/military, and industrial/medical.

Continued strong demand for chips of the auto industry, one of the main reason is the car increasing attachment and automation function from a growing number of semiconductor devices; And the auto industry demand for chips, also relatively stable, compared with other industry because of its product design and production cycle is long.

Chips from the auto industry needs to grow by an average of 6.7% a year, than the whole chip industry in the same period the average annual growth rate of more than 2% higher than that of 4.3%, according to a report IC Insights car pick up a new generation of advanced driving assistance systems (ADAS) computing burden is rapidly rising, in order to support the broader sensing distance, higher detecting precision, and implement more efficient algorithms for fast effective response of many different driving conditions.

Automotive IC sales IC Insights, estimates that 2015 will be in the overall IC sales 287.1 billion 7.3%; But despite more than any other terminal is a rapidly growing application area, automotive IC field in the proportion of the overall IC market expectations will not increase too much, to 2019, automotive IC sales estimated at $358.7 billion the overall IC units will only market proportion increased to 8.1%.

This is because the vehicle IC average selling price (ASP) continues to decline, particularly analog components, microcontroller (MCU) and special application logic element; This limits the automotive IC in proportion to the overall IC market for more growth. The report of the other IC Insights automotive IC market forecast also includes:

, automotive IC market is estimated to decline by 1% in 2015, but expect a 7% growth in 2016 reached $22.2 billion, and further growth in 2019 to $29.2 billion.

Asia Pacific is expected in 2015, beyond Europe as the world's largest automotive IC market, and by the year 2019 will be the strongest growing automotive IC area market (CAGR of 10.4%).

Analog IC and micro controller to predict vehicle IC market in 2015 will continue to city's two largest product category, the proportion is 44% and 30% respectively; Motor memory IC market is predicted in 2018 will grow from $2015 in 1.6 billion, to $3.5 billion.