bf news automotive ICs 8-23-2012
SAN FRANCISCO -- If there's a bright spot in the semiconductor
industry's lackluster year
, it's the automotive
industry, where IC sales are riding the wave of increased new-car
sales and the semiconductor content in vehicles is at record levels,
according to new report.
The research firm Databeans reported today (Aug. 23) that
semiconductor content in vehicles has been growing at "double-digit"
rates in recent years and will reach roughly $350 per vehicle this
"Although high-end luxury cars have significantly higher
semiconductor content than mid-range or economy vehicles, many
optional features are now becoming standard on mid-range cars,"
Databeans said, adding the "trickle-down effect appears to be
quickening. "Much of this comes from mega trends like increased
wireless connectivity, energy savings, and safety."
Rising units; stable ASPs
This year, semiconductor vendors will sell $25.3 billion worth of
products to automotive suppliers, flat with 2011 but units edged up
to 76.7 billion pieces for an ASP of 33 cents. The IC industry's
automotive revenues will rise 8 percent on average to $37.3 billion
by 2017 and 112 billion units, Databeans forecast.
Databeans pointed to STMicroelectronics
(where the automotive
division accounts for 17 percent of sales) and Infineon
of revenues) as standout vendors in the segment. Indeed, Mario
executive vice president and general manager of ST's automotive
product group, told
EE Times recently,
"The future of the automotive
industry is bright."
The Databeans report continued:
"In the United States, new small car sales are growing at their
fastest pace since 2008 as the auto-market continues to help lead
the U.S. economy out of recession. In fact, recent U.S. government
data showed motor-vehicle output contributed half of the 2.2 percent
economic growth registered in the first quarter."
"Heading into the second half of the year, car sales are expected to
grow even faster after a government announcement in late May that
China will resume its subsidies for consumer who scrap their older
trucks for new, light commercial vehicles. On the flipside, new
vehicle sales are declining in Europe, which is dragging down
results in the market in general. Germany's auto-making association
expects that Europe's auto market will contract 5 percent this year,
although this decline could be smaller if the region's sovereign
debt crisis gets resolved."
Hybrid and pure electric vehicles (HEV/EV) continue a solid growth
path, rising to 2 million vehicles in 2012, double the number in
2009. Databeans forecasts 4.2 million HEV/EV cars will be sold in
market now seen shrinking in '12
IC gains breathe new life into car market