[ad_1]
ICs used in automobiles and other vehicles are forecast to generate worldwide sales of $42.9 billion in 2021 compared to $22.9 billion in 2016, while IC revenues for Internet of Things (IoT) functionality in a wide range of systems, sensors, and objects are expected to reach $34.2 billion in four years compared to $18.4 billion last year, says IC Insights’ report.
Between 2016 and 2021, automotive and IoT IC sales are projected to rise by CAGRs of 13.4% and 13.2%, respectively, compared to 7.9% for the entire IC market, which is projected to reach $434.5 billion in four years versus $297.7 billion last year.
As shown in Figure 1, strong five-year IC sales growth rates are also expected in medical electronics (a CAGR of 9.7% to $7.8 billion in 2021) and wearable systems (a CAGR of 9.0% to $4.9 billion).
Cellphone IC sales—the biggest end-use market application for ICs, accounting for about 25% of the IC market’s total revenues—are expected to grow by a CAGR of 7.8% in the 2016-2021 period, reaching $105.6 billion in the final year of the new report’s forecast.
Meanwhile, weak and negative IC sales growth rates are expected to continue in video game consoles (a CAGR of -1.9% to $9.7 billion in 2021) and tablet computers (a CAGR of -2.3% to 10.7 billion), according to the 2018 IC Market Drivers report.
Sharply higher ASPs for DRAMs and NAND flash are playing a significant role in driving up dollar-sales volumes for ICs in cellphones and PCs (both desktop and notebook computers) in 2017.
Cellphone IC sales are on pace to surge 24% this year to an estimated $89.7 billion, while PC integrated circuit dollar volume is expected to climb 17.6% to $69.0 billion.
For both the cellphone and PC market segments, 2017 will be the strongest increase in IC sales since the 2010 recovery year from the 2009 downturn. Cellphone IC sales are expected tom rise 8% to $97.3 billion next year and PC IC revenues growing 5% to $72.6 billion in 2018.
The new report estimates that automotive IC sales will rise 22% in 2017 to about $28.0 billion after increasing 11% in 2016.
Automotive IC sales are forecast to increase 16% in 2018 to $32.4 billion. Meanwhile, IoT-related IC sales are on pace to grow 14% in 2017 to an estimated $14.5 billion after increasing about 18% in 2016.
In 2018, IC sales for IoT end-use applications are expected to rise 16% to about $16.8 billion, according to the 2018 edition of the IC Market Drivers report.
[ad_2]
Source link