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Published bySakshi Bhargava Modified over 6 years ago
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Global Automotive Semiconductor Market Report 2018-2023: Trends, Forecast and Competitive Analysis 1
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Industry Profiles Snapshot Major ParameterDescription Market Segments by Component Type Microcontrollers, integrated circuits, sensors, discrete power, and others Market Segments by Vehicle Type Small cars, compact cars, mid-Size cars, large cars, SUVs and crossovers, MPVs, pickups, HCVs, electric vehicles, and others Market Segments by Application Type Powertrain, safety, driver information systems, body electronics chassis, and networking/communication Market Segments by Engine Type ICE vehicles and electric vehicles Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name NXP semiconductor, Renesas Electronics, ST Microelectronics, Infineon Technologies, Texas Instruments, Robert Bosch, On Semiconductor, Micron Technology, TOSHIBA, and Panasonic Semiconductor Solutions and others. Trend Growth Rate and CAGR13.1% Key Industry Forecast The global automotive semiconductor market is expected to reach an estimated $67.5 billion by 2023 with a CAGR of 13.1% from 2018 to 2023 Key Industry Driver Driver: Increasing vehicle production, increasing electronic content per vehicle, and growing demand for advanced vehicle safety and comfort systems 2
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Industry Overview Market Size The global automotive semiconductor market is expected to reach an estimated $67.5 billion by 2023 with a CAGR of 13.1% from 2018 to 2023 Emerging trends, which have a direct impact on the dynamics of the automotive semiconductor industry, include the introduction of high efficiency power semiconductors, and development of smaller single–chips for radar sensors. Market Size (2023)$67.5 billion CAGR (2018-23)13.1% 3 Industry Performance : Forecast
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