Industrial Electronic Chip Market forecast to reach USD 50 billion by 2023

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Industrial Electronic Chip Market forecast to
reach USD 50 billion by 2023 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Industrial Electronic Chip
Market

• Asia Pacific industrial electronic chip market is
  estimated to witness convincing growth due to
  flourishing medical electronics accompanied by
  proliferating factory automation in the region.
  Flourishing energy manufacturing industry in
  China is forecast to have intensifying effects on
  electronic chip market from 2016 to 2023.
• Europe industrial electronic chips market is also
  expected to exhibit high growth prospects due to
  the presence of leading company namely Siemens in
  the region.
• In addition, thirteen European countries were
  ranked among top twenty industrial electronics
  chip market in 2014. The countries encapsulated
  were France, Germany, Switzerland, Sweden,
  Finland and Italy among others.

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• Application Analysis of Industrial Electronic
  Chip Market
• Rising use of semi conductor content in
  automotive industry might surge the industry
  demand for industrial electronic chips. Advent of
  various systems such as night-vision to recognize
  pedestrians, animals and vulnerabilities on the
  road in low-light conditions airbags packed in
  shoulder harness of seatbelts and the ability to
  customize the dashboard appearance for dashboard
  instrument panels are likely to fuel the
  industrial electronic chip market growth over the
  forecast period.
• Electronic chips aids in decreasing the size as
  well as weight of the component or as complete
  system. It also facilitates in reducing power
  loss and consumes less power. It furnishes with
  higher operating speeds owing to the absence of
  parasitic capacitance effect.
• The power rating of electronic chip is limited to
  not more than 10 watts hence this might pose as
  challenge to the industry. In addition, these
  chips need to be handled with care, as it may not
  work if wrongly held or exposed to excessive
  heat. Fabricating a chip with low noise might
  challenge the industry demand.

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Competitive Market Share of Industrial
Electronic Chip Market

• Major five countries leading in industrial
  electronics chip industry are Germany, United
  States, Japan, France and China. These countries
  accounted for more than 70 share of the overall
  industry. U.S is anticipated to witness high
  growth owing to hike in the test measurement
  and housing industry. This surge in the industry
  is likely to upturn usage of electronics in
  building as well as home control sector.
• Key industry participants in industrial
  electronic chip market share include intel,
  qualcomm, Samsung electronics, SK Hynix, Micron
  technology, Toshiba, Texas Instruments, Broadcom,
  STMicroelectronics, Media Tek, Renesas, SanDisk,
  Infibeam, Avago terchnologies, NXP, Advance micro
  devices (AMD), Sony, Freescale Semiconductor,
  nVidia, Marvell technology group, ON
  semiconductor, Analog Devices, Apple, HiSilicon,
  ROHM among others.

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Electronic Chip Market _at_ http//goo.gl/F6G1N6
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