Automotive Semiconductor Market Share, Analysis, and Growth by 2031
Automotive Semiconductor Market: Strategic Insights
Automotive Semiconductor Market
-
CAGR (2023 - 2031)9% -
Market Size 2023
US$ 45.31 Billion -
Market Size 2031
US$ 90.51 Billion
Market Dynamics
GROWTH DRIVERS
- Growing Shift Towards Using Electric and Hybrid Vehicles to Cut Pollutants
FUTURE TRENDS
- Increasing demand for fully automated cars
OPPORTUNITIES
- Growing Environmental Concerns Are Driving the Development of Electric Automobiles
Key Players
- Analog Devices Inc
- Infineon Technologies AG
- NXP Semiconductors
- Renesas Electronics Corporation
- Robert Bosch GmbH
- ROHM CO LTD
- Semiconductor Components Industries LLC
- STMicroelectronics
- Texas Instruments Incorporated
- TOSHIBA CORPORATION
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Component
- Optical
- Sensors & Actuators
- Memory
- Microcontrollers
- Analog ICs
- Logic and Discrete Power Devices
Application
- Advanced Driver Assistance Systems
- Body Electronics
- Infotainment
- Powertrain
- Safety Systems
Vehicle Type
- Passenger
- LCV
- HCV