What are automotive semiconductors?

Automotive semiconductors are electronic components specifically designed for use in vehicles. They control various functions in modern vehicles, including engine management, infotainment systems, safety features, and advanced driver-assistance systems (ADAS).

How big is Automotive Semiconductor Market?

The Global Automotive Semiconductor Market size is expected to be worth around USD 123 Billion By 2033, from USD 51 Billion in 2023, growing at a CAGR of 9.2% during the forecast period from 2024 to 2033.

What factors are driving the growth of the automotive semiconductor market?

Key drivers include the increasing demand for electric vehicles (EVs), the integration of advanced technologies like ADAS, and the growing need for connected and autonomous vehicles.

What challenges are facing the automotive semiconductor market?

Challenges include supply chain disruptions, such as those seen during the global semiconductor shortage, high costs of semiconductor production, and the need for constant innovation to meet evolving automotive technology demands.

Who are the major players in the automotive semiconductor market?

NXP Semiconductors N.V., Renesas Electronics Corporation, STMicroelectronics NV, Texas Instruments Incorporated, ON Semiconductor Corporation, Microchip Technology Inc., Analog Devices Inc., Robert Bosch GmbH, Qualcomm Technologies Inc., Toshiba Corporation, Infineon Technologies AG, ROHM Co. Ltd., Other Key Players

Global Automotive Semiconductor Market By Component (Analog ICs, Processors, Sensors, Discrete Power Devices, Memory Devices, Other Components), By Vehicle Type (Passenger Vehicles, Commercial Vehicles (Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs))), By Application (Infotainment and Telematics, Powertrain, Chassis, Body Electronics, Safety), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Published date: August 2024
Report ID: 127264
Number of Pages: 360
Format:

- NXP Semiconductors N.V.
- Renesas Electronics Corporation
- STMicroelectronics NV
- Texas Instruments Incorporated
- ON Semiconductor Corporation Company Profile
- Microchip Technology Inc. Company Profile
- Analog Devices, Inc.
- Robert Bosch GmbH
- Qualcomm Technologies, Inc.
- Toshiba Corporation Company Profile
- Infineon Technologies AG
- ROHM Co., Ltd.
- Other Key Players
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