Automotive Semiconductor Market Analysis, Trends, and Scope 2024 to 2031
Automotive Semiconductor Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 45.31 Billion |
Market Size by 2031 | US$ 90.51 Billion |
Global CAGR (2023 - 2031) | 9% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Automotive Semiconductor Market News and Recent Developments
The automotive semiconductor market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In May 2022, Continental AG expanded its sensor offering for electrified vehicles in May 2022, introducing the Current Sensor Module (CSM) and Battery Impact Detection (BID) systems. Both new solutions aim to protect and retain battery parameters.
(Source: Continental, Company Website, 2021)
- In October 2021, Infineon Technologies offered the SL137 automotive security controller, a dependable trust anchor for securing safety-critical automotive applications like 5G eCall, V2X communication, car access, and SOTA software updates.
(Source: Infineon Technologies, Company Website, 2021)
Automotive Semiconductor Market Report Coverage and Deliverables
The "Automotive Semiconductor Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles