Semiconductor Chips For Automotive Market
Semiconductor Chips For Automotive Market Global Industry Assessment & Forecast
#
Pages:
169
2021
Nov - 2021
VMR-2021-0944
Segments Covered
By
Type Analog Ics, Microcontrollers & Microprocessors, Memory, Others
-
By
Application Telematics & Infotainment, Body Electronics, Safety, Others
-
By
Vehicle Type Passenger Vehicles, Commercial Vehicles
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
19.48 Billion |
 Revenue 2028:
|
32.81 Billion |
 Revenue CAGR
(2021 - 2028): |
7.51% |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Type Analysis: Preview On the basis of Type,
the market is segmented into Analog Ics, Microcontrollers & Microprocessors, Memory,Others. Analog ICs held the
leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the
forecast timespan. This is due to the increasing adoption of Analog ICs
in emerging economies in Asia Pacific region. Application
Analysis: Preview
Based on Application,
the market is segmented into Telematics & Infotainment, Body Electronics, Safety,Others. Telematics & Infotainment accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Semiconductor Chips For Automotive Market: Type Segment Analysis
-
- Analog Ics
- Microcontrollers & Microprocessors
- Memory
- Others
Global Semiconductor Chips For Automotive Market: Application Segment Analysis
-
- Telematics & Infotainment
- Body Electronics
- Safety
- Others
Global Semiconductor Chips For Automotive Market: Vehicle Type Segment Analysis
-
- Passenger Vehicles
- Commercial Vehicles
FAQ
Frequently Asked Question
What is the global demand for Semiconductor Chips For Automotive in terms of revenue?
-
The global Semiconductor Chips For Automotive valued at 19.48 Billion in 2020 and is expected to reach 32.81 Billion in 2028 growing at a CAGR of 7.51%%.
Which are the prominent players in the market?
-
The prominent players in the market are Texas Instruments Inc., NXP Semiconductors, STMicroelectronics N.V., Microchip Technology Inc., Infineon Technologies AG, NVIDIA CORPORATION, Micron Technology, Inc., ON Semiconductor, Renesas Electronics, Maxim Integrated Products, Inc..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.51%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Semiconductor Chips For Automotive include
- The increasing demand ADAS in vehicles along with smart parking systems are anticipated to augment the growth of semiconductor chips for automotive market within the forecast period. The increasing adoption of ADAS owing to the advancement in technologies such as software algorithms, sensors, cameras, processors, and mapping that needs a chip for its integration with each other has improved the applicability of ADAS in vehicles and is expected to fuel the growth of the semiconductor chips for automotive market in the years to come.
- Furthermore, the increasing awareness shared connectivity & mobility and increasing autonomous vehicle demand is also expected to augment the growth of the semiconductor chips for automotive market.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Semiconductor Chips For Automotive in 2020.
