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Article: Strategy Analytics: Automotive Semiconductor Vendors Can Ride Out Recession.
- Article from:
- Journal of Transportation
- Article date:
- November 14, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Semiconductor demand from year-on-year vehicle production will be down 14% in 2009, to $16.4B, followed by a similarly-sized percentage recovery in 2010, according to the Strategy Analytics Automotive Electronics Service research, "Automotive Semiconductor Forecast Demand 2007 - 2016." The dramatic fall in global vehicle production in 2009, with the exception of three of the four BRIC regions, will result in the largest ever fall in automotive semiconductor vendor revenues. Market recovery is underway however; and automotive semiconductor demand--including sensors--is also predicted to grow by 14% to $18.7B, which is still below the 2008 market value of $19.1B, which ...