Boom in car and drives industry component market on record

Good news for the electronics industry: The ZVEI expected in the German Mark for electronics components this year a very solid growth of 6% to a record level of € 18 billion. Why the ZVEI is optimistic for 2015 and beyond:
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"The components market is now the behavior of a mature market, with solid growth without the exaggerations frühererJahre" said Kurt Sievers, NXP Chief of Germany and Chairman of the ZVEI Association Electronic Components and Systems. This year the German market for electronic components will have an increase of almost 6% to a new record level of over € 18 billion, so the assessment of the market experts the ZVEI Electronic Components and Systems. For the coming year, one starts from just under 4% growth in sales of 19 billion euros. The positive market development is mainly driven by the strong demand for semiconductor devices in the areas of automotive and industrial, which dominate the total domestic market with a share of 62%.
Numbers to Europe and the global situation you find in the gallery:
Last year, the components for industrial and automotive electronics could each have a growth of about 6%. 2014 continued this trend continued in these two share most segments. In the current year's growth of 5.2% in industrial electronics reflects the strong attraction of the classical mechanical engineering. For the coming year, an increase of almost five per cent is forecast for the industrial electronics.
The automotive electronics, which could have a strong growth in the previous year, newly produced cars and rising electronics equipment in 2014 to grow due to increasing global volumes by 7.3%, thus setting a new record. The market experts the ZVEI go for the coming year by a further increase in sales in this segment increased by almost 5%.
"After a solid sales growth last year, the market for electronic components in the current year with just under six per cent and next year with four percent growth can be continued this development," predicts Kurt Sievers, Chairman of the ZVEI. "However involve the ongoing crises in the Middle East and in the Ukraine, but also the ongoing European debt crisis, continued high risk."
Both the German, as well as the European and the world market have similar growth rates in the current year from 5.6 percent (in euros), 4.8 percent (in US dollars) and 6.5 percent (in US dollars) to. The global demand for electronic components will increase in 2014 to approximately 506 billion US dollars, the European market will grow to nearly 64 billion US dollars, so the expectation of the experts in the ZVEI. "The Asia / Pacific region is growing with the addition of eight percent in 2014 most," says Sievers. "German companies are particularly successful as a supplier to the Far East automotive industry."
Next year the world market for electronic components will grow by more than four percent to about 527 billion US dollars, so the expectation. The European market is three percent growth to reach around 66 billion US dollars, the 2011 peak surpass (sales of over 64 billion US dollars). The market in the Asia / Pacific region will grow again above average, with an increase of 5.5 percent, followed by North America, with an increase of 2.3 percent and Japan with a plus two percent.