Press release
Automotive Semiconductor Market Will Hit at a Volume CAGR 8.3% From 2027 - NVIDIA Corporation, Infineon Technologies AG, Texas Instruments Inc., STMicroelectronics N.V., Robert Bosch GmbH, ROHM Co., Intel Corporation, Renesas Electronics Corporation, ON s
Automotive Semiconductor Market at a CAGR of 8.3% between 2018 and 2027
Automotive Semiconductor market is witnesses a stagnant growth in the current scenario and is anticipated to rise in forthcoming years. The automotive semiconductor market consists of numerous tier1, tier2 and tier3 companies throughout the globe that capitalizes substantial amounts with a predetermined goal to create advance electronic and semiconductor products. With an endless innovations in a field of semiconductors, manufacturers are able to cater wide variety of applications in passenger cars, lightweight commercial vehicle, and heavyweight commercial vehicles globally.
The report focuses on an in-depth segmentation of automotive semiconductor market based on component, application, and vehicle type. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By application segment, advanced driver assistance systems is accounted for largest share in the automotive semiconductor market in 2017 and is anticipated to grow at the highest CAGR followed by infotainment and safety systems during the forecast period 2018-2027.
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The key players influencing the market are:
1. NVidia Corporation
2. Intel Corporation
3. NXP Semiconductors N.V.
4. Infineon Technologies AG
5. Rohm Semiconductor
6. Texas Instruments Inc.
7. Renesas Electronics Corporation
8. Robert Bosch Gmbh
9. ON Semiconductor Corporation
10. STMicroelectronics N.V.
An off-the-shelf report on Automotive Semiconductor Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2027.
The Automotive Semiconductor Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Automotive Semiconductor Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2017 – 2027, considering 2017 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
The report segments the Global Automotive Semiconductor market as follows:
Global Automotive Semiconductor Market - By Component
• Optical Devices
o Sensors & Actuators
o LED
o Image Sensor
o Position Sensor
o Temperature Sensor
o Pressure Sensor
o Others
• Memory
o DRAM
o Flash
• Microcontrollers
o Analog ICs
o Logic and Discrete Power Devices
Global Automotive Semiconductor Market - By Application
• Advanced Driver Assistance Systems
• Body Electronics
• Infotainment
• Powertrain
• Safety Systems
Global Automotive Semiconductor Market - By Vehicle Type
• Passenger Cars
• Lightweight Commercial Vehicle
• Heavyweight Commercial Vehicle
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Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automotive Semiconductor Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in Automotive Semiconductor Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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