Development of New Generation of Industrial Robotics & Automation Solutions to Complement the Disruptive Rise of Smart Factory Concept Heightens the Dependence on Robust Semiconductors to Support the Evolving Intelligence Index
The global market for Industrial Semiconductors is projected to reach US$60 billion by 2022 , driven by the growing trend towards digital manufacturing, robust investments in industrial automation technologies and the growing role played by electronics in developing intelligent automation solutions. Semiconductors, the indispensable components of electronics of any type and any kind, represent an indicator of real-term progress in technological developments. Role of semiconductors in today’s technology driven world is becoming highly evident, given their extensive use in wide range of applications from PCs, TVs, and electronic gadgets such as smartphones to industrial equipment, automated machinery and defense technologies. Market for industrial semiconductors gained immensely from upward momentum in core end-use markets including Building & Home Automation , Industrial Automation, Medical Devices, and Aerospace, where deployment of electronics-based modern systems grew massivel...