Automotive Semiconductor Market | Size, Share Leaders, Development Status And Analysis


Posted February 6, 2023 by chetanag

Automotive Semiconductor Market Size was worth US$ 53.52 Bn in 2021 and total revenue is expected to grow at a rate of 11.2 % CAGR from 2022 to 2029, reaching almost US$ 125.12 Bn in 2029.

 
Automotive Semiconductor Market Size was worth US$ 53.52 Bn in 2021 and total revenue is expected to grow at a rate of 11.2 % CAGR from 2022 to 2029, reaching almost US$ 125.12 Bn in 2029.

Automotive Semiconductor Market Size Overview:

This report examines current Automotive Semiconductor Market Size demand, supply, and sales patterns, as well as recent developments. The whole regulatory structure of the market has been thoroughly investigated in order to offer stakeholders with a better understanding of the primary factors that influence the overall market environment.

The Research Report includes data on sales volume, sales value, and various brands connected with top market players, as well as market tables and statistics, all at a guaranteed cheap price. It also contains a detailed analysis of post-pandemic elements that are anticipated to affect the Automotive Semiconductor Market Size's growth.

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Market Scope:

The goal of this study is to provide a comprehensive overview of the Automotive Semiconductor Market Size, which includes all industry participants. The research includes a straightforward analysis of complex data, along with information on the industry's historical and present situation, as well as projected market size and trends. The research studies all areas of the industry, with a particular focus on important participants such as market leaders, followers, and newcomers. The study includes a PORTER and PESTEL analysis, along with the possible influence of microeconomic market variables. External and internal elements that are expected to have a positive or negative impact on the business have been examined, providing decision-makers with a clear picture of the industry's forecast.

The research also assists in comprehending the Automotive Semiconductor Market dynamics and structure by studying market segments and forecasting market size. A clear portrayal of significant players' competitive analyses. The study is an investor's guide to the Automotive Semiconductor Market based on voltage, pricing, financial situation, product portfolio, growth plans, and regional presence.

Drivers:

In the automotive sector, there are not enough chips. Extended lead times for small silicon chips have hampered the production of everything from smartphones to home appliances to driver-assistance systems, leading to the global semiconductor crisis that started in the first quarter of 2021. Major automakers, including one in the US, have already announced significant production reductions, which have significantly reduced projected revenue for 2021 by billions of dollars. Low automotive inventory, which will lead to new car growth next year, and stimulus packages intended to help the struggling auto industry while favouring the switch to electric and hybrid vehicles, which are typically more expensive than equivalent internal combustion-powered vehicles, are the two main factors driving the market.

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Segmentation:

The market is further divided into three segments based on the type of vehicle: heavy commercial vehicles (HCVs), light commercial vehicles (LCVs), and passenger cars (HCV). During the forecast period, passenger cars are anticipated to hold the largest market share. This expansion is a result of the high global demand for passenger cars, particularly in Asia and Oceania. Countries like China, India, Thailand, Indonesia, and Malaysia have seen increased demand for passenger cars due to growing middle-class populations and higher disposable income. The LCV class, which is anticipated to grow at the highest CAGR between 2016 and 2022, will experience the most notable growth.

Key Players:

• Renesas Electronics Corp. (Japan)
• Infineon Technologies AG (Germany)
• STMicroelectronics N.V. (Switzerland)
• Robert Bosch GmbH (Germany)
• Texas Instruments, Inc. (U.S.)
• ON Semiconductor Corp. (U.S.)
• ROHM Co., Ltd. (Japan)
• Toshiba Corp. (Japan)
• Analog Devices Inc. (U.S.)
• NVidia Corporation
• Intel Corporation
• Microchip Technology Inc.
• Entegris
• Sanmina
• Wafer Space
• Lattice Semiconductor
• Semtech
• GEO Semiconductor, Inc.
• indie Semiconductor

Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin & Sales by Product are all included in this Automotive Semiconductor Market Size research report.

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Regional Analysis:

The Automotive Semiconductor Market Size study has been segmented into several key areas, as follows:

Region of Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
North America (the United States, Mexico, and Canada.)
South America (Argentina, Brazil etc.)
The African and Middle Eastern continents (GCC Countries and Egypt.)
The study includes market size, growth rate, and country-level data, as well as demand and supply factors that affect Automotive Semiconductor Market Size growth in various countries.

Key Reasons to Purchase

To get in-depth market analysis and a thorough understanding of the market and its commercial landscape.
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To comprehend the industry's most important driving and restraining forces, as well as their impact on the market.
Learn about the market strategies used by the most successful companies in their fields.
To gain a better understanding of the market's future outlook and potential.
In addition to the usual structural studies, we may do custom research to meet customer specific needs.
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Issued By chetanag
Country India
Categories Business , Electronics , Marketing
Tags automotive semiconductor market
Last Updated February 6, 2023