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Thursday, June 8, 2023

Integrated circuits is expected to remain the largest segment in the global automotive semiconductor market

An exciting new study from the team of Lucintel found that automotive semiconductor market is expected to reach $81.5 billion by 2028 with a CAGR of 9.4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/automotive-semiconductor-market.aspx.

The automotive semiconductor market is segmented based on component types, vehicle types, applications, engine types, and region. In this market, integrated circuits is expected to remain the largest component type, and powertrain segment is expected to remain the largest application. Players can benefit from the available opportunities like increasing penetration of electric vehicles in China and supportive government initiatives to boost semiconductor manufacturing.

NXP Semiconductor. Renesas Electronics, ST Microelectronics, Infineon Technologies, Texas Instruments, Robert Bosch, On Semiconductor, Micron Technology, TOSHIBA, and Panasonic Semiconductor are some of the major players profiled in this 150 page report.

Request Sample Pages by clicking on https://www.lucintel.com/automotive-semiconductor-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the automotive semiconductor market by component type (microcontrollers, integrated circuits, sensors, discrete power, and others), vehicle type (small cars, compact cars, mid-size cars, large cars, SUVs and crossovers, MPVs, pickups, HCVs, electric vehicles, and others), application (powertrain, chassis, safety, networking/communication, body electronics, and driver information systems), engine type (ICE vehicles and electric vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the automotive semiconductor market?

Q.4 What are some changing demands of customers in the automotive semiconductor market?

Q.5 What are the new developments in the automotive semiconductor market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this automotive semiconductor area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this automotive semiconductor market?

This unique report from Lucintel 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 click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers 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.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: 
roy.almaguer@lucintel.com 
Tel. 972.636.5056

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