According to the latest report from IHS, the 2013 global market for industrial electronics semiconductors was a healthy year, with overall revenue up from a disappointing drop from 2012. The worldwide industrial electronics chip revenue for 2013 amounted to $33.7 billion, a solid 11 percent rise from $30.4 billion in 2012.

After final figures are confirmed for Q4, the double-digit increase expected in 2013 will show that the market recovered from the five percent loss of 2012. Growth will continue in the next few years, and industrial-related semiconductor revenue will reach some $45 billion by 2018.