automotive power semiconductors

Automotive to Spur Power Semiconductor Growth

The global power semiconductor market for cars and light passenger vehicles is forecast to grow by more than $3 billion over the next six years, according to IHS Markit. The total market for power semiconductors – discretes, power modules and power ICs – will grow at an annual rate of 7.5 percent from 2015 to 2022, increasing from $5.5…