Final Report will add the analysis of the impact of COVID-19 on this industry.
The report titled Automotive Semiconductor Market has recently added by MarketIntelligenceData to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts.
The global automotive semiconductor market was valued at USD 48.13billion in 2019and is expected to reach a value of USD 129.17billion by 2025at a CAGR of 17.9%, over the forecast period (2020-2025).
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Top Companies operating in the Global Automotive Semiconductor market profiled in the report: Renesas Electronics Corporation, Infineon Technologies AG, STMicroelectronics, NXP Semiconductor NV, Texas Instrument Inc., ON Semiconductor Corporation, Toshiba Corporation, Analog Devices Inc., Robert Bosch GmbH, ROHM Co. Ltd
Scope of the Report
The automotive semiconductor market segment considers Vehicle Type (PV, LCV, and HCV), Component (Processor, Sensors, Memory Devices, Integrated Circuits, and Discrete Power Devices), Fuel (Gasoline, Diesel, and Electric & Hybrid), Application (Chassis, Power Electronics, Body Electronics, Safety and Comfort/Entertainment Unit).
Key Market Trends
Safety Application is expected to Register Highest Growth Rate
– Owing to rising demand for safety features designed to avoid collisions and accidents by offering technologies that alert the driver to potential problems or to avoid collisions by implementing safeguards and taking over control of the vehicle, ADAS (Advanced Driver Assistance Systems) sales are expected to flourish in the future. Semiconductors find their application in ADAS to enhance its functionality.
– Continued strong growth in demand for driver assistance systems is ensuring that more semiconductors with more and more functions are finding their way into cars. Chips with built-in ‘intelligence,’ known as ASICs, are tailored to a particular application. For instance, signaling the airbags in a vehicle when they should deploy. These chips control handling to ensure a consistently safe journey. Bosch launched SMA7xy MEMS sensor which focusses on faster airbag deployment.
Global Automotive Semiconductor Market Split by Product Type and Applications:
Market Segment by Type, covers:
Light Commercial Vehicle
Heavy Commercial Vehicle
Market Segment by Applications, covers:
Regional Analysis For Automotive Semiconductor Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Influence of the Automotive Semiconductor Market Report:
-Comprehensive assessment of all opportunities and risk in the Automotive Semiconductor market.
-Automotive Semiconductor market recent innovations and major events.
-Detailed study of business strategies for growth of the Automotive Semiconductor market-leading players.
-Conclusive study about the growth plot of Automotive Semiconductor market for forthcoming years.
-In-depth understanding of Automotive Semiconductor market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Automotive Semiconductor market.
Automotive Semiconductor Market report includes the estimation of market size for value (million USD) and volume (M Sqm). Both Top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Semiconductor Market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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