Industrial Electronics Growth Sees Rebound in 2013 with Strong Forecasts through 2018
As we've been reporting, markets continue to strengthen for a number of components, sectors, and regions. Among the growth news are the final 2013 data from IHS underscoring the double-digit growth for the industrial electronics semiconductors. Coupling the IHS data with our recent drill-down analyses and market views we see industrial semi continuing to strengthen and grow in volume and revenue.
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Sensors and Actuators Boom Along with the O&G Sector
Forecasts for an important set of components have significantly improved with compound annual growth rates (CAGR) through 2018 in the double-digits and up to low-twenties beginning with this year. Notably, these components reach across various industry sectors beyond smartphone and tablet devices and into industrial equipment such as the boom in machine-to-machine (M2M) solutions for the inaccessible reaches of Oil & Gas drilling and pipelines.
Read more: Sensors and Actuators Boom Along with the O&G Sector