Auto electronics IC sales to grow
34%.
PALO ALTO, CA -- Revenues of ICs used in the world's
automobile market will grow 34% by 2010 from $6.8 billion last year,
Frost & Sullivan (frost.com) said in a recent report.
The proliferation of automobile electronic content is a result of
government pollution guidelines, safety and security regulations, and
the ongoing oil crisis, says the research firm. This growing need
directly influences the markets of automobile application specific
integrated circuits, application specific standard parts and field
programmable gate arrays.
In addition, rising fuel prices in the world market feed the demand
for electric and hybrid vehicles, which in turn can boost the growth of
electronics in automobiles, the company adds.
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