Press release
Automotive Chip Market is expected to grow at a CAGR of 9.4% from 2024 to 2030, reaching nearly USD 85.34 Billion in 2030.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 45.50 Billion in 2023 and the total Automotive Chip Market Size is expected to grow at a CAGR of 9.4 % from 2024 to 2030, reaching nearly USD 85.34 Billion in 2030.
The Asia Pacific region holds the largest share of 38 % in 2023. Thailand, India, Japan, South Korea, China, and the Rest of Asia-Pacific are evaluated for the Asia-Pacific automotive Chip market growth analysis. Japan leads in terms of raw materials, small active-passive components, and equipment regarding semiconductors in the region.
๐๐๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐ ๐ซ๐๐ ๐๐ข๐ ๐ก๐ญ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/request-sample/13604/
The rising demand for electric vehicles and government measures encouraging the adoption of electric vehicles are the main factors driving the growth of the automotive chip market in the area. Also, the region is experiencing a marked increase in vehicle production, which is projected to support the growth of the automotive chip industry in the area.
TSMC and Samsung competed for dominance in the wafer foundry sector, stemming from the growing popularity of smartphones. The winner was determined by securing orders for application processors from tech giants like Apple, Qualcomm, and MediaTek. TSMC's outperformance showcased Taiwan's aggressive investments in semiconductor equipment.
August 31, 2023, Roseville, California - Bosch has completed the acquisition of assets of the U.S. chipmaker TSI Semiconductors Corporation (TSI Semiconductors), based in Roseville, California. The new company is called Robert Bosch Semiconductor LLC.
In April 2023, Bosch announced its intention to acquire certain assets of TSI Semiconductors. With this acquisition, Bosch is establishing significant manufacturing capacity in an important market. Starting in 2026, the first chips will be produced on 200-millimeter wafers based on the innovative material silicon carbide (SiC). Bosch plans to invest some $1.5 billion to transform the Roseville site into a facility that produces and tests silicon carbide semiconductors, which are key building blocks for electric vehicles.
๐๐ข๐๐ฐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ซ๐ฌ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/request-sample/13604/
March 8, 2024, the semiconductor industry is poised for a market rebound in 2H24. New semiconductor manufacturing facilities are entering construction or preparing to begin chip production. Due to low consumer demand in 2023, some chip manufacturers have readjusted their schedules, no longer expected to commence production in 2024, as previously suggested. In the United States, the government's delay in awarding the CHIPS Act's highly coveted subsidies has led to slowdowns in construction as manufacturers wait to receive additional funding.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ ๐๐ฒ๐ฉ๐
โข Logic ICs
โข Analog ICs
โข Microcontrollers & Microprocessors
โข Memory
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฒ๐ฉ๐
โข Chassis
โข Powertrain
โข Safety
โข Telematics & Infotainment
โข Body Electronics
๐๐ฒ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ฒ๐ฉ๐
โข Passenger Vehicles
โข Commercial Vehicles
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐:
1.Infineon Technologies - Germany
2. Renesas Electronics Corporation- Japan
3. STM Microelectronics- Switzerland
4. Robert Bosch- Germany
5. Texas instruments- United States
6. NXP Semiconductors- Netherlands
7. ON Semiconductor- United States,
8. Atmel Corporation- United States
9. Elmos Semiconductor AG- Germany
10. Maxim Integrated Products- United States
11. Microchip Technology- United States
12. AQUANTIA CORP- United States
๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ ๐๐จ๐ซ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.maximizemarketresearch.com/market-report/automotive-chip-market/13604/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
1] What segments are covered in the Automotive Chip Market report?
2] Which region is expected to hold the highest share in the Automotive Chip Market?
3] What is the market size of the Automotive Chip Market by 2030?
4] What is the forecast period for the Automotive Chip Market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Regional analysis, Segment Analysis, Competitive landscape
Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ญ๐จ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ก๐ข๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ญ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 3.66 trillion in 2023 and the total Global Automotive Retail revenue is expected to grow at a CAGR of 7.15 % from 2024 to 2030, reaching nearly USD 6.22 trillion. https://www.maximizemarketresearch.com/market-report/automotive-retail-market/213615/
โข ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ size is valued at USD 7.5 Billion in 2023 and is forecast to grow at a CAGR of 11.3% from 2024 to 2030, reaching nearly USD 15.87 Billion https://www.maximizemarketresearch.com/market-report/automotive-manufacturing-equipment-market/209355/
๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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