Press release
Automotive Integrated Circuit (ICs) Market Prediction by Region, Applications and Technology Forecast by 2025
In terms of consumption side, this report focuses on the consumption of Automotive Integrated Circuit (ICs) by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc. Automotive ICs are customized for specific applications within the vehicle system. As semiconductor technology has evolved, it enabled vehicle manufacturers to assemble multiple applications on a single chip to optimize performance. Automotive electronics are used in safety systems, driver assistance, powertrain control, communications, and infotainment systems.
The demand for ICs in automotive is increasing due to implementation of stringent government regulations towards drivers safety and security. North America was the dominant market for automotive ICs in 2016, owing to the presence of major players offering advanced solutions. Moreover, extensive adoption of advanced vehicles and surge in public demand for safety & security in automobiles have fueled the growth of the North America automotive ICs market. Passenger cars have higher penetration in this region, owing to increase in sales of advanced vehicles, which is expected to further propel the market growth.
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The Automotive Integrated Circuit (ICs) market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Automotive Integrated Circuit (ICs).
This report includes the following manufacturers; we can also add the other companies as you want.
Intel
Samsung
Robert Bosch
Qualcomm
Renesas Electronics Corporation
Infineon Technologies AG
STMicroelectronics N.V.
ROHM CO. LTD.
Texas Instruments
NXP Semiconductors N.V.
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Market Segment by Product Type
Monolithic Integrated circuits
Hybrid Integrated circuits
Market Segment by Application
ADAS
In-vehicle Networking
Engine Management
Transmission Control System
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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