Automotive Semiconductor Market to reach USD 85,727.8 Million during the forecast period of 2023 to 2030, Rapidly increasing trend of vehicle electrification to drive the market

According to MRFR analysis, the global automotive semiconductor market is expected to register a CAGR of ~8.6% from 2022 to 2030 and hold a value of over USD 85,727.8 Million by 2030.

The automotive semiconductor market refers to the industry involved in the production and distribution of semiconductors or electronic components used in various automotive applications. These semiconductors are crucial for the functioning of various systems in modern vehicles, including engine control units, powertrain systems, safety features, infotainment systems, and advanced driver assistance systems (ADAS).

Request a Sample of Report:

https://www.marketresearchfuture.com/sample_request/10444

The COVID-19 pandemic had a significant impact on the automotive industry as a whole, including the automotive semiconductor market. During the initial phase of the pandemic, many automotive manufacturing plants were temporarily shut down, leading to a decline in vehicle production. This decline in vehicle production subsequently affected the demand for automotive semiconductors.

Regional Analysis

The region has a significant automotive industry presence, with major manufacturers and technological advancements. It is home to several semiconductor companies and has a strong market for automotive semiconductors. Europe also has a robust automotive industry, with major automakers and a strong focus on technological advancements. Countries such as Germany and France are prominent players in the automotive semiconductor market.

Ask for Customization:

https://www.marketresearchfuture.com/ask_for_customize/10444

The Asia Pacific region, particularly China, Japan, and South Korea, is a major hub for automotive manufacturing and semiconductor production. These countries have a high demand for automotive semiconductors and are key contributors to the market growth. Other regions, including South America, the Middle East, and Africa, also contribute to the automotive semiconductor market, albeit to a lesser extent compared to the aforementioned regions.

Market Segmentation

The Global automotive semiconductor market has been segmented into Component, Application, Vehicle type and Vehicle Propulsion.

Based on Component: Processor, Analog IC, Discrete power device, Sensor, Memory Device and Logic IC

Based on Application: Powertrain, Safety, Body Electronics, Chassis, Telematics and infotainment

Based on Vehicle type: Passenger Vehicle and Commercial Vehicle

Based on Vehicle Propulsion: ICE Vehicle and Electric Vehicle

Read Report Overview:

https://www.marketresearchfuture.com/reports/automotive-semiconductor-market-10444

Key Players

• NXP Semiconductors
• Renesas Electronics
• Infineon Technologies
• STMicroelectronics
• Robert Bosch GmbH
• Texas Instruments
• ON Semiconductor
• ROHM
• Toshiba
• Analog Devices among others

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS

2 MARKET INTRODUCTION

2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.3 RESEARCH OBJECTIVE

2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 DRIVERS

4.2.1 INCREASING TREND OF VEHICLE ELECTRIFICATION

4.2.2 INCREASE IN SAFETY FEATURES IN VEHICLES

4.2.3 DRIVER IMPACT ANALYSIS

4.3 RESTRAINTS

4.3.1 SLOWDOWN IN THE AUTOMOTIVE INDUSTRY

4.3.2 RESTRAINT IMPACT ANALYSIS

4.4 OPPORTUNITIES

4.4.1 GROWING DEMAND FOR EV

4.5 IMPACT OF COVID 19 ON AUTOMOTIVE SEMICONDUCTOR MARKET

4.5.1 IMPACT ON THE OVERALL AUTOMOTIVE SEMICONDUCTOR INDUSTRY

4.5.1.1 ECONOMIC IMPACT

4.5.2 IMPACT ON AUTOMOTIVE PRODUCTION

4.5.2.1 NISSAN

4.5.2.2 RENAULT GROUP

4.5.2.3 VOLVO

4.5.2.4 VOLKSWAGEN GROUP

4.5.2.5 FIAT CHRYSLER AUTOMOBILES

4.5.2.6 HYUNDAI-KIA

4.5.2.7 DAIMLER

Tags: Automotive Semiconductor Market Size, Automotive Semiconductor Market share, automotive semiconductor market research report, Automotive Semiconductor, Automotive Semiconductor Market Trends, Automotive Semiconductor Market See Campaign: https://www.marketresearchfuture.com/reports/automotive-semiconductor-market-10444

Contact Information:

Market Research Future

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone: +1 628 258 0071(US) +44 2035 002 764(UK)

Email: [email protected]

Website:https://www.marketresearchfuture.com

Tags:
Wire, Research Newswire, English