Automotive Semiconductor Market Acquire Huge Growth, Global Opportunities and Trends to 2030

Global Automotive Semiconductor Market 2023-2030, report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. Automotive Semiconductor Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers Automotive Semiconductor market size, potential growth, trends and expansion strategies followed by top prominent players.

The Global Automotive Semiconductor Market Size Was Valued At USD 53.06 Billion In 2021. The Market Is Projected To Grow From USD 59.22 Billion In 2023 To USD 103.85 Billion By 2029, Exhibiting A CAGR Of 8.4% During The Forecast Period.

𝗚𝗲𝘁 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗖𝗼𝗽𝘆 𝗼𝗳 𝗟𝗮𝘁𝗲𝘀𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗼𝗻 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 2023 𝗕𝗲𝗳𝗼𝗿𝗲 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲:
https://www.contrivedatuminsights.com/request-sample/248485

The COVID-19 pandemic has been shocking and has never happened before. As a result, the demand for automotive semiconductors is lower than expected in all regions compared to before the pandemic. Our research shows that the global market was 8.7% smaller in 2020 than in 2019.
The increasing sales of hybrid electric and electric vehicles and the development of highly autonomous vehicles to make driving safer are two of the main things that are driving the growth of the automotive semiconductor market. The use of automotive semiconductors will also go up if cars have more electronics and are more digitally connected.
Also, the market is likely to grow because technology for automotive semiconductors is getting better and better quickly. Infineon Technologies, for example, released the AURIX TC4x family of 28 nm microcontrollers (MCUs) for eMobility, ADAS, automotive E/E architectures, and affordable Artificial Intelligence (AI) applications in January 2022. Also in October 2021, Infineon Technologies AG released the SLI37 automotive security controller. This is an easy-to-design and reliable trust anchor for securing safety-critical automotive applications like 5G-ready eUICC (eCall), V2X communication, car access, or SOTA updates.

𝗦𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗸𝗲𝘆 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗽𝗿𝗼𝗳𝗶𝗹𝗲𝗱 𝗶𝗻 𝘁𝗵𝗲 𝘀𝘁𝘂𝗱𝘆 𝗮𝗿𝗲
Robert Bosch GmbH (Germany), Infineon Technologies AG (Germany), STMicroelectronics (Switzerland), NXP Semiconductors (Netherlands), Toshiba Corporation (Japan), On Semiconductor Corporation (U.S.), ROHM Co., Ltd. (Japan), Texas Instruments Incorporated (U.S.), Renesas Electronics Corporation (Japan), Denso Corporation (Japan), and Others.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻:

By Component:
• Processor
• Analog IC
• Discrete Power Device
• Sensor
• Memory Device
• Others

By Vehicle Type:
• Passenger Cars
• Commercial Vehicles
• Others

By Propulsion Type:
• ICE
• Electric
• Others

By Application:
• Powertrain
• Safety
• Body Electronics
• Chassis
• Telematics & Infotainment
• Others

𝗚𝗲𝗼𝗴𝗿𝗮𝗽𝗵𝗶𝗰𝗮𝗹𝗹𝘆, 𝘁𝗵𝗲 𝗱𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗳 𝗰𝗼𝗻𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻, 𝗿𝗲𝘃𝗲𝗻𝘂𝗲, 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝗵𝗮𝗿𝗲 𝗮𝗻𝗱 𝗴𝗿𝗼𝘄𝘁𝗵 𝗿𝗮𝘁𝗲, 𝗵𝗶𝘀𝘁𝗼𝗿𝗶𝗰 𝗮𝗻𝗱 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁𝘀 (2023-2030) 𝗼𝗳 𝘁𝗵𝗲 𝗳𝗼𝗹𝗹𝗼𝘄𝗶𝗻𝗴 𝗿𝗲𝗴𝗶𝗼𝗻𝘀 𝗮𝗿𝗲 𝗰𝗼𝘃𝗲𝗿𝗲𝗱:
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀:
In 2021, Asia-Pacific had a market share of USD 21.5 billion, which made it the world's biggest market. It might stay at the top of the market in the years to come. From 2022 to 2029, this area should also have the highest CAGR. Countries like China, India, and Japan have some of the fastest-growing auto industries, and their governments are also helping the semiconductor industry grow in the area. The high demand for electric cars in China has also helped the industry grow. Also, there are more commercial electric vehicles being bought in India, Japan, South Korea, and other places. In the near future, this could help the market grow. For example, the China Passenger Car Association says that the number of sales of electric passenger cars in China will grow by 169.1% in 2021, reaching about USD 2.99 million.
North America may have the fastest rate of growth after Asia-Pacific. Since more electric cars and trucks are being sold in the U.S., the market may grow. Also, more attention is being paid to the commercialization and development of electric autonomous vehicles and Robo-taxis, which could lead to growth in the coming years.
Europe is the second-fastest-growing market. Europe's market is growing because of stricter rules on vehicle emissions, more support for electric vehicles, and more investment in technology that makes cars drive themselves.
During the time of the forecast, the CAGR for the rest of the world may be high. Strong demand for battery-powered electric cars in places like Saudi Arabia, South Africa, the United Arab Emirates, Brazil, and other places is likely to help the industry grow. If more money was put into public charging stations in Latin America and the Middle East, more people might buy electric cars, which would help the market grow.

𝗧𝗼 𝗚𝗲𝘁 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝗔𝗰𝗰𝗲𝘀𝘀 𝗢𝗳 𝗧𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗹𝗶𝗰𝗸 𝗛𝗲𝗿𝗲:
https://www.contrivedatuminsights.com/buy/248485

𝗧𝗮𝗯𝗹𝗲 𝗼𝗳 𝗖𝗼𝗻𝘁𝗲𝗻𝘁:
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Covid-19 Impact On Automotive Semiconductor Market
5. Automotive Semiconductor Market Overview, By Segmentation, 2017 - 2030 (USD Million)
6. Automotive Semiconductor Market Overview, By Geography, 2017 - 2030 (USD Million)
7. North America Automotive Semiconductor Market Overview, By Countries, 2017 - 2030 (USD Million)
8. Europe Automotive Semiconductor Market Overview, By Countries, 2017 - 2030 (USD Million)
9. Asia Pacific Automotive Semiconductor Market Overview, By Countries, 2017 - 2030 (USD Million)
10. Middle East & Africa Automotive Semiconductor Market Overview, By Countries, 2017 - 2030 (USD Million)
11. South America Automotive Semiconductor Market Overview, By Countries, 2017 - 2030 (USD Million)
12. Competitive Landscape
13. Key Vendor Analysis
14. Automotive Semiconductor Market Cost Analysis
15. Industrial Chain, Sourcing Strategy and Downstream Buyers
16. Marketing Strategy Analysis, Distributors/Traders
17. Market Effect Factors Analysis
18. Future Outlook of the Market

𝗥𝗲𝗮𝗱 𝗗𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗜𝗻𝗱𝗲𝘅 𝗼𝗳 𝗳𝘂𝗹𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝘁𝘂𝗱𝘆 𝗮𝘁
https://www.contrivedatuminsights.com/product-report/automotive-semiconductor-market-248485

𝗪𝗵𝘆 𝗬𝗼𝘂 𝗦𝗵𝗼𝘂𝗹𝗱 𝗕𝘂𝘆 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:
1. The forecast for the established and growing markets for global Automotive Semiconductor Market.
2. Use Porter's Five Forces analysis to analyze various market perspectives.
3. The market segment that is anticipated to dominate the Automotive Semiconductor industry worldwide.
4. Geographical areas that are anticipated to experience the quickest growth over the projection period.
5. Identify the most recent innovations, market shares for global Automotive Semiconductor and marketing techniques used by the leading industry competitors.

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𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝘀:
Anna B. | Head Of Sales
Contrive Datum Insights
Phone: +91 9834816757 | +1 2152974078
Email: anna@contrivedatuminsights.com

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.

This release was published on openPR.