Monday 12 October 2015, Amsterdam
The report, now available on ASDReports, recognizes the following companies as the key players in the Global Semiconductor Market for Industrial Applications: Infineon Technologies, Intel, STMicroelectronics and Texas Instruments
Other Prominent Vendors in the market are: Broadcom, Micron Technology, Nichia, Renesas Electronics and Toshiba
Commenting on the report, an analyst said: “There is a growing trend of adoption of personalized health monitoring equipment. This equipment uses semiconductor products as they are cost-effective and help in reducing the size of the equipment. There is a policy shift toward energy efficiency in many countries driving the market for discrete power transistors, thyristors, and power diodes.”
According to the report, the IoT is a fast emerging trend and is becoming an essential tool in product development. The IoT acts as a bridge between the physical and the virtual world by linking objects, information, and data, and provides connectivity to anyone, anywhere, and at any time. IoT is becoming the new big market for various sectors, especially in the industrial and medical sectors. The number of connected devices is expected to reach 30 billion units by 2020.
Further, the report states that lack of standard integration process for IoT devices is hindering the adoption.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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