The global Automotive Semiconductor market size is projected to reach USD 60 billion by 2026 at a CAGR of 6.8% from USD 44 billion in 2021 during the forecast period 2021-2028.
Semiconductor is a substance in which physical and chemical property exists between those of a metal and a nonmetal. The most common semiconductor material is germanium and silicon. When used in automobiles like cars these are termed as automotive semiconductor. These are used in cars as a catalyst, in electronic circuits, led. More is the technological advancement in the cars more is the usage of semiconductors in them.
With the recent surge in demand for advanced safety features and comfort system along with the surge in vehicular production and the trend of electrification of vehicles are some of the factors that have supported long-term expansion for Automotive Semiconductor Market.
Asia Pacific is expected to be the largest market during the forecast period.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Market Revenue In 2021 |
USD 44 billion |
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Growth Rate |
CAGR of 6.8% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
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Report Segmentation |
Component, vehicle type, fuel type, application and geography |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
NXP Semiconductors N.V, Renesas Electronics Corp., Infineon Technologies AG, STMicroelectronics N.V., Robert Bosch GmbH, Texas Instruments, Inc., ON Semiconductor Corp., ROHM Co., Ltd., Toshiba Corp., and Analog Devices Inc. |
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Available Customization |
In addition to the market data for Automotive Semiconductor Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Automotive Semiconductor Market is segmented into Component, vehicle type, fuel type, application and geography.
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