Automotive Semiconductor Market 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 Overview :

The market overview of the Automotive Semiconductor Market industry focuses on the detailed dynamics of the market, including aspects such as industry rivalry. The report provides comprehensive market revenue forecasts at the global, regional, segment, and national levels.

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Automotive Semiconductor Market Report Scope and Research Methodology :

The research methodology employed in the report on the Automotive Semiconductor market incorporates both primary and secondary research methods. Primary research involves data collection directly from the market via surveys, interviews, and observations. In contrast, secondary research entails gathering data from published sources, such as industry reports, company websites, and news articles.

The analysis provided in the report serves as a guide for stakeholders, investors, market players, and followers, as well as new entrants, by providing them with an overall view of the Automotive Semiconductor market for formulating investment approaches and marketing tactics. The report utilizes a bottom-up approach to estimate the size of the Automotive Semiconductor market, which involves aggregating data from individual segments to arrive at a total market size estimate.

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Automotive Semiconductor Market Regional Insights :

The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Additionally, the report identifies the top countries in each region and provides market forecasts for each one.

Segmentation :

The market is further divided into three sectors based on the kind of vehicle: passenger automobiles, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). During the projection period, passenger cars are anticipated to hold the greatest market share. This increase 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 automobiles due to growing middle-class populations and more disposable income. The LCV class, which is anticipated to expand at the greatest CAGR between 2016 and 2022, will experience the most notable growth.

The market is further divided into Processor, Analogue IC, Discrete Power Device, Sensor, Memory Device, and Lighting Device based on Component. Discrete power devices and memory devices are the two automotive semiconductor market segments that are expanding at the quickest rates. The growing electrification of important automotive applications, like the powertrain, is what's causing the market share for discrete power devices to grow so quickly. This increased electrification is also raising demand for power components like MOSFETs and IGBTs. However, the desire for improved safety and cutting-edge features in cars is driving the need for more memory devices per car to convert the many control systems into an autonomous one.

The market is divided into groups based on application, including Telematics and Infotainment, Body Electronics, Telematics and Safety, and Powertrain. Sales of ADAS (Advanced Driver Assistance Systems) are anticipated to soar in the future due to the growing demand for safety features that prevent collisions and accidents by providing technologies that warn drivers of potential hazards and avoid crashes by implementing safeguards and taking control of the vehicle. The functionality of ADAS is enhanced by the usage of semiconductors.

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

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Key questions answered in the Automotive Semiconductor Market are:

  • What is Automotive Semiconductor?

  • What are the factors driving the Automotive Semiconductor Market growth?

  • What are the factors are limiting the Automotive Semiconductor Market growth?

  • What was the Automotive Semiconductor market size in 2021?

  • Which trends are expected to generate additional revenue for the Automotive Semiconductor market growth?

  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Automotive Semiconductor Market?

  • What growth strategies are the players considering to increase their foothold in the Automotive Semiconductor Market?

  • Who held the largest market share in the Automotive Semiconductor Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)

  • Past Pricing and price curve by region (2018 to 2021)

  • Market Size, Share, Size & Forecast by different segment | 2022−2029

  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region

  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region

  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective

    • Competitive landscape – Market Leaders, Market Followers, Regional player

    • Competitive benchmarking of key players by region

  • PESTLE Analysis

  • PORTER’s analysis

  • Value chain and supply chain analysis

  • Legal Aspects of business by region

  • Lucrative business opportunities with SWOT analysis

  • Recommendations

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