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Friday, March 31, 2023

The Global System Basis Chip Market is Expected to Grow at a CAGR of 9% by 2026

According to a new market report by Lucintel, the future of the system basis chip market looks promising with opportunities in the powertrain, safety, body electronics, chassis, telematics and infotainment markets. The global system basis chip market is expected to grow with a CAGR of 9% from 2021 to 2026. The major drivers for this market are growth in vehicle production, increasing use of electronics in vehicles, and demand for advanced safety, convenience, and comfort systems for vehicles.

To download report brochure, please go to https://www.lucintel.com/system-basis-chip-market.aspx and click "download brochure" tab from the menu.

In this market, powertrain, safety, chassis, body electronics, telematics & infotainment are the major applications used in passenger cars, light and heavy commercial vehicles, and automated guided vehicles. Lucintel forecasts that passenger cars will remain the largest vehicle type segment, as it captures prominent share in the automotive industry.

North America will remain the largest region during the forecast period due to high demand for premium cars with high semiconductor content and increasing government focus on reducing CO2 emission from vehicles.

NXP Semiconductor NV, Infineon Technologies, Texas Instruments, Robert Bosch, STMicroelectronics, ON Semiconductor, Atmel Corporation, Microchip Technology, Elmos Semiconductor, and Melexis Semiconductors are among the major system basis chip manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global system basis chip market by vehicle type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global System Basis Chip Market 2021-2026: Market Size, Trends and Growth Analysis”. This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global system basis chip market by vehicle type, application, and region as follows:

By Vehicle Type [$M shipment analysis for 2015–2026]:

Passenger Cars

Light and Heavy Commercial Vehicles

Automated Guided Vehicles

Others

 

By Application [$M shipment analysis for 2015–2026]:

Powertrain

Safety

Chassis

Body Electronics

Telematics & Infotainment

Others

 

By Region [$M shipment analysis for 2015–2026]:

North America

United States

Canada

Mexico

 

Europe

Germany

United Kingdom

France

Italy

 

Asia Pacific

China

Japan

India

South Korea

 

The Rest of the World

This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due Diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.

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