Growth in Electricity Demand Across the World Is Expected to Boost Demand for Semiconductors for Alternative Energy Technology Market
Growth in electricity demand across the world is expected to boost demand for semiconductors for alternative energy technology market. Fossil fuel holds the major portion of the electricity generation mix. However, as fossil fuels are growing contributor to greenhouse gases, the governments are increasing their focus on policies and legislation to improve their energy efficiency. Demand for energy efficiency is expected to create new growth opportunities in the semiconductors market. Moreover, increasing oil prices are likely to act as a...
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