Press release
Automotive Semiconductor Market to reach USD 125.13 Bn by 2029, emerging at a CAGR of 11.2 percent and forecast (2023-2029)
Automotive Semiconductor Market Report Scope and Research MethodologyThe report offers a comprehensive analysis of the global automotive semiconductor market, including market overview, dynamics, segment analysis, and regional insights. It aims to provide stakeholders with valuable insights into current market trends and future growth prospects.
The research methodology employed for this report involves thorough data collection, analysis, and interpretation to present accurate market assessments. Both primary and secondary research methods were utilized, ensuring reliability and validity of the findings.
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What are Automotive Semiconductor Market Dynamics:
Chips are running out in the automotive industry. The global semiconductor crisis, which began in the first quarter of 2022, has brought assembly lines to a halt all across the world, as extended lead times for small silicon chips have hampered the production of everything from smartphones to home appliances to driver-assistance systems. Major automakers, including one located in the United States, have already announced significant production cuts, cutting revenue forecasts for 2022 by billions of dollars. The major two factors driving the market are: low automotive inventory, which will result in new car growth next year, and stimulus packages designed to help the ailing auto industry while favoring the switch to electric and hybrid vehicles, which are typically more expensive than equivalent internal combustion-powered models.
Automotive Semiconductor Market Regional Insights:
Regional analysis highlights the significant growth drivers and trends in key markets such as the United States, Taiwan, South Korea, Japan, and the Netherlands. Emerging economies like China and India are experiencing rapid growth in automotive semiconductor demand due to factors such as rising GDP, increasing vehicle sales, and government support for electric vehicle adoption.
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What is Automotive Semiconductor Market Segmentation:
by Vehicle Type
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
by Component
Processor
Analog IC
Discrete Power Device
Sensor
Memory Device
Lighting Device
Who are Automotive Semiconductor Market Key Players:
1. Renesas Electronics Corp. (Japan)
2. Infineon Technologies AG (Germany)
3. STMicroelectronics N.V. (Switzerland)
4. Robert Bosch GmbH (Germany)
5. Texas Instruments, Inc. (U.S.)
6. ON Semiconductor Corp. (U.S.)
7. ROHM Co., Ltd. (Japan)
8. Toshiba Corp. (Japan)
9. Analog Devices Inc. (U.S.)
10. NVidia Corporation
11. Intel Corporation
12. Microchip Technology Inc.
13. Entegris
14. Sanmina
15. Wafer Space
16. Lattice Semiconductor
17. Semtech
18. GEO Semiconductor, Inc.
19. indie Semiconductor
Table of content for the Automotive Semiconductor Market includes:
1.Global Automotive Semiconductor Market : Research Methodology
2.Global Automotive Semiconductor Market : Executive Summary
Market Overview and Definitions
● Introduction to the Global Market
● Summary
● Key Findings
● Recommendations for Investors
● Recommendations for Market Leaders
● Recommendations for New Market Entry
3.Global Automotive Semiconductor Market : Competitive Analysis
MMR Competition Matrix
● Market Structure by region
● Competitive Benchmarking of Key Players
● Consolidation in the Market
● M&A by region
● Key Developments by Companies
● Market Drivers
● Market Restraints
● Market Opportunities
● Market Challenges
● Market Dynamics
● PORTERS Five Forces Analysis
● PESTLE
● Regulatory Landscape by region
● North America
● Europe
● Asia Pacific
● Middle East and Africa
● South America
● COVID-19 Impact
4.Company Profile: Key players
Company Overview
● Financial Overview
● Global Presence
● Capacity Portfolio
● Business Strategy
● Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
● Past Pricing and price curve by region (2022 to 2029)
● Market Size, Share, Size and Forecast by different segment | 2022-2029
● Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
● Market Segmentation - A detailed analysis by growth and trend
● Competitive Landscape - Profiles of selected key players by region from a strategic perspective
● Competitive landscape - Market Leaders, Market Followers, Regional player
● Competitive benchmarking of key players by region
● PESTLE Analysis
● PORTER's analysis
● Value chain and supply chain analysis
● Legal Aspects of business by region
● Lucrative business opportunities with SWOT analysis
● Recommendations
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Maximize Market Research is a multidisciplinary market research and consulting company staffed by professionals from various industries. Its coverage spans medical devices, pharmaceutical manufacturing, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automation systems. The company provides industry-verified market estimations, technical trend analysis, essential market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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