Uploaded on Sep 29, 2022
The automotive semiconductor market was valued at US$ 34.89 billion in 2017 and is expected to reach US$ 76.93 billion by 2027.
Automotive Semiconductor Market
Automotive Semiconductor
Market Size, Share |
Industry Trends By 2027
Published Date : May
2020
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Report Studies
Automotive Semiconductor Market to 2027 - Global Analysis
and Forecasts by Component (Optical, Sensors & Actuators,
Memory, Microcontrollers, Analog ICs, Logic and Discrete
Power Devices); Application (Advanced Driver Assistance
Systems, Body Electronics, Infotainment, Powertrain, Safety
Systems); Vehicle Type (Passenger, LCV, and HCV)
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Automotive Semiconductor Market
Overview
• According to our latest market study on "Automotive Semiconductor Market
Forecast to 2027 – Global Analysis – by Component, Application, Vehicle Type, and
Geography," the market is expected to grow from US$ 34.89 billion in 2017 to
reach US$ 76.93 billion by 2027; it is anticipated to grow at a CAGR of 8.3% from
2018 to 2027.
• Due to an increase in the number of road accidents globally, the demand for
safety features such as parking assistance, collision avoidance systems, lane
departure warnings, traction control, electronic stability control, tyre pressure
monitors, airbags, and telematics is on the rise. Automotive semiconductors are a
key component of a variety of advanced driver assistance systems (ADAS)
technologies, allowing ADAS systems to identify and classify items in the vehicle's
path and then advise the driver about the surrounding environment and road
conditions. Moreover, based on calculations done using semiconductors and other
components, these systems can autonomously decelerate or stop the car based
on road conditions. Road accidents are a key cause of death worldwide, and death
rates from traffic accidents have risen dramatically in recent years.
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Key Segment Market
Segment By Type:-
By Component Optical, Sensors & Actuators, Memory, Microcontrollers,
Analog ICs, Logic and Discrete Power Devices.
Application (Advanced Driver Assistance Systems, Body Electronics,
Infotainment, Powertrain, Safety Systems.
Vehicle Type (Passenger, LCV, and HCV
Download Sample Her
e
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Automotive $50,000 $60,000
Semiconductor
$50,000
Market Value $40,000
$40,000
$30,000
$30,000
CAGR of 8.3 %
$20,000
$20,000
(2018 - 2027)
$10,000
$10,000
$0 $0
20XX 20XX 20XX 20XX 20XX
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Company Profiles
• 1. NVidia Corporation • 6. Texas Instruments Inc. • 8. Robert Bosch Gmbh
• 2. Intel Corporation • 9. ON Semiconductor
• 3. NXP Semiconductors Corporation
N.V. • 10. STMicroelectronics
• 4. Infineon Technologies N.V.
• 7. Renesas Electronics
AG Corporation
• 5. Rohm Semiconductor
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Market Landscape
• The global automotive semiconductor market is segmented on the basis of
component, vehicle type, application, and region. Based on component, the global
market is segmented into optical, sensors & actuators, memory, microcontrollers,
analog ics, and logic and discrete power devices. Based on vehicle type, the
global automotive semiconductor market is segmented into passenger car, light
commercial vehicle, and heavy commercial vehicle. Based on application, the
global automotive semiconductor market has been segmented into advanced
driver assistance systems, body electronics, infotainment, powertrain, and safety
systems.
• Rapid advancements in the automotive sector, rising demand for safety features
in automobiles, and the introduction of innovative technologies for advanced user
interface (UI) are factors that fuel the market's global expansion. However,
operational failures in extreme climatic circumstances, as well as expensive
beginning costs and a complex structure, function as a barrier to the market's
global growth.
• Access Full Report -
https://www.theinsightpartners.com/reports/automotive-semiconductor-market
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By Geography
North America (the US, Canada, and Mexico)
Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe)
Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific)
Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of Middle
East & Africa)
South & Central America (Brazil, Argentina, and the Rest of South & Central
America).
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