Press release
Automotive Chip Market Top Key Players- STMicroelectronics, Infineon Technologies, Toshiba Corporation, ON Semiconductor, Renesas Electronics, Robert Bosch GmbH, NXP Semiconductors, Texas Instruments Incorporated, ROHM Semiconductor, Denso Corporation, Hi
As automobiles become more sophisticated, the demand for automotive semiconductors will gradually increase, providing the automotive sector with a powerful engine for long-term development. Almost all major manufacturers are developing electric vehicles that require modern electronics, such as extending the range of vehicles and controlling fast charging.
The integration of modern technology into vehicle design is disrupting supply chains that were as smooth as well-tuned sports cars. With the rapid growth of autonomous vehicles, everything has changed. Level 3 autonomy will be available this year, and work is underway to develop Level 4 SoCs.
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GLOBAL AUTOMOTIVE CHIP MARKET DYNAMICS
Augmented reality technologies such as 3D mapping applications, batteries for electric vehicles and heads-up displays have also been improved. 5G networks will also provide next-generation mobility in this space.
Sales of ADAS (Advanced Driver Assistance Systems) are expected to grow in the future due to growing demand for safety features designed to prevent crashes and accidents by providing technology that alerts drivers to potential problems.
Additionally, customers accustomed to great user experiences are a powerful motivator for the relevant vehicle. As a result of these expectations, the infotainment system is throwing away massive custom components.
As of the current COVID 19 breakout, the automotive semiconductor sector is experiencing declining growth as the giant automaker shuts down production entirely in response to several government shutdowns around the world.
Major North American and European companies have extended their plant closures until March 2020. As a result of these changes, new players have emerged.
And they are all trying to gain a foothold in an old industry that is undergoing significant change. Add different technical approaches and a lot of sophistication to this.
GLOBAL AUTOMOTIVE CHIP MARKET SEGMENTATION
The Global Automotive Chip Market can be segmented into following categories for further analysis.
By Type
• Processor Components
• Sensor Components
• Memory Devices
• Integrated Circuits
• Discrete Power Devices
By Vehicle Classification Type
• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles
By Vehicle Application Component Type
• Chassis
• Power Electronics
• Safety
• Body Electronics
• Comfort units / Entertainment unit
By Technological Usage Type
• IC Engine Usage
• Hybrid Propulsion Engine Usage
By Regional Classification
• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region
AUTOMOTIVE CHIP MARKET COMPETITIVE LANDSCAPE
ICs used in braking systems and motors are often built with old enough technology to meet manufacturers' reliability standards, while new infotainment and driving assistance technologies require newer ICs produced in advanced chip factories.
Rumors still circulate that the lack of microcircuits has disrupted the automotive industry. GM has extended its previously announced temporary suspensions in Kansas and Canada to at least mid-April, and a third suspension in Mexico until the end of March.
AUTOMOTIVE CHIP MARKET COMPANIES PROFILED
• STMicroelectronics
• Infineon Technologies
• Toshiba Corporation
• ON Semiconductor
• Renesas Electronics
• Robert Bosch GmbH
• NXP Semiconductors
• Texas Instruments Incorporated
• ROHM Semiconductor
• Denso Corporation
• Hitachi Automotive Ltd
• LG Innotek
• Delphi Automotive LLP.
Read More Information: https://mobilityforesights.com/product/automotive-chip-market/
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Automotive C – V2x Test Solution Market: https://mobilityforesights.com/product/automotive-c-v2x-test-solution-market/
Automotive Robotics Market: https://mobilityforesights.com/product/automotive-robotics-market/
Automotive Surround Radar Market: https://mobilityforesights.com/product/automotive-surround-radar-market/
Semi Automated Driving Assistance Market: https://mobilityforesights.com/product/semi-automated-driving-assistance-market/
Automotive Image Sensors Market: https://mobilityforesights.com/product/automotive-image-sensors-market/
Automotive Infotainment System Market: https://mobilityforesights.com/product/automotive-infotainment-system-market/
Automotive Current Sensors Market: https://mobilityforesights.com/product/automotive-current-sensors-market/
EV Motor Controller Market: https://mobilityforesights.com/product/global-ev-motor-controller-market/
Electric Vehicle Semiconductors Market: https://mobilityforesights.com/product/electric-vehicle-semiconductors-market/
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Rail Wheel Sensors Market: https://mobilityforesights.com/product/rail-wheel-sensors-market/
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We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment. We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.
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