The automotive semiconductor market is expected to reach USD 48.78 Billion by 2022, at a CAGR of 5.8% between 2016 and 2022. The most significant factor driving the automotive semiconductor market is the increasing vehicle production which, in turn, is leading to the rise in demand for automotive semiconductors. Rising trend of vehicle electrification and growing demand for advanced safety, convenience, and comfort systems are the other factors driving the growth of the semiconductor content in the automobiles.
The competitive landscape of the market presents a very interesting picture where several big and small players have become a force to reckon with. The key players in the automotive semiconductor market are NXP Semiconductors N.V. (Netherlands) Homme Nike Air VaporMax Plus Noir Soldes , Renesas Electronics Corp. (Japan), Infineon Technologies AG (Germany), STMicroelectronics N.V. (Switzerland), Robert Bosch GmbH (Germany), Texas Instruments, Inc. (U.S.) Homme Ronnie Fieg x Asics Gel Mai Noir Soldes , ON Semiconductor Corp. (U.S.), ROHM Co., Ltd. (Japan), Toshiba Corp. (Japan), and Analog Devices Inc. (U.S.) among others.
Browse聽and in-depth TOC on 鈥淎utomotive Semiconductor Market鈥?br > 71 鈥?Tables 71 鈥?Figures 188 鈥?Pages st-growing segment of the automotive semiconductor market segmented based on components. The reason behind this sharp growth in the market share of the discrete power devices is due to the ongoing electrification of the major applications of the automobile, such as powertrain Asics Gel-DS Trainer OG Noir Soldes , which is generating more demand for power components such as MOSFET and IGBT.
鈥淧assenger cars segment occupies almost three-fourth of the overall automotive semiconductor market鈥?p>
Passenger cars accounted for the largest market share in 2019. This growth can be attributed to the huge demand for passenger cars across the globe, especially in Asia-Oceania. The rising middle-class population and improved disposable income have accelerated the demand for passenger cars in countries such as China, India, Thailand, Indonesia, and Malaysia among others.
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鈥淎utomotive industries in Asia-Oceania are the major consumers of the semiconductor component鈥?p>
The Asia-Oceania region expected to account for the largest share the total automotive semiconductor market. The Asia-Oceania region has emerged as a major automotive hub with most of the market share in terms of vehicle production as well as sales. The primary reason for this trend is the growing Chinese automotive market. This market has evolved into the largest producer of vehicles and consequently the largest consumer of automotive semiconductor across the globe.
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The report articulates the drivers Asics Gel Respector Noir Soldes , restraints, challenges, and opportunities with respect to the automotive semiconductor market and forecast the market till 2022. The report also gives a qualitative and quantitative description about different segments considered for the automotive semiconductor market. This global report gives a detailed view of the market across the four geographical regions, namely, North America, Europe Asics Gel Respector Blanche Soldes , Asia-Oceania, and Rest of the World.
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