92 Percent of HEV/EV Semiconductor Demand is Analog
Boston, MA - August 30, 2011 – The latest Strategy Analytics analysis of the growing Hybrid Electric and pure Electric Vehicle market reveals that 92 percent of the semiconductors required for HEV/EV powertrain control are analog integrated circuits (ICs). The report, “Analog Semiconductor to Get Market Boost from HEV/EV Growth,” also predicts that by 2018 the HEV/EV analog semiconductor demand will quadruple from 2011, to be worth $2 billion in 2018.
HEV and EV powertrain control will provide a significant boost to automotive analog semiconductor demand. Over this period the projected HEV/EV analog market value CAAGR projected is 23 percent, significantly above the 7.2 percent anticipated CAAGR growth for standard automotive analog/linear products.
Strategy Analytics estimates that power and non-power analog circuits make up 78 percent and 14 percent, respectively, of the combined semiconductor market value from HEV and EV powertrain control produced today. High power IGBT used in AC traction motor inverters will continue to account for the majority of the power analog demand.
According to Chris Webber, Strategy Analytics Global Automotive Practice Vice President, “Digital logic will provide the brains for Hybrid Electric and pure Electric Vehicles drive, but analog semiconductor chips will provide the bulk of the interface, measurement, protection and muscle-power for control of these alternative powertrains, creating significant new business opportunities for analog IC vendors.”
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