El Segundo, Calif. — Home appliance manufacturers are looking to increase their market share through acquisitions, new territories and new market segments to take advantage of strong growth in the market, according to a new report from IHS Technology (NYSE: IHS). Worldwide shipments of home appliances are forecast to reach 611 million units by the end of 2014,…
The global market for semiconductors used in major home appliances is projected to grow more than 12 percent in 2013, up from 6.8 percent in 2012, according to a report from IHS Inc.
The global home appliance market is forecast to enjoy solid growth by year-end compared to a marginal increase last year, according to IHS.
TEAC introduces an integrated, sine-wave driver IC for three-phase DC brushless motors, which are used in fan motors for home appliances.