The global automotive semiconductor market is projected to reach $53.6 billion by 2025, at a CAGR of 9.2% during 2020-2025. The growth of automotive semiconductor market is driven by increasing vehicle production, increasing electronic content per vehicle, and growing demand for advanced vehicle safety and comfort systems.
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 type (powertrain, safety, driver information systems, body
electronics chassis, and networking/communication), 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?
Emerging trends, which
have a direct impact on the dynamics of the industry, include the introduction
of high efficiency power semiconductors, and development of smaller
single–chips for radar sensors.
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Market Segmentation:
Based on component type,
the automotive semiconductor market
is segmented into microcontrollers, integrated circuits, sensors, discrete
power, and others. The integrated circuits segment accounted for the largest
share of the market in 2020 due to rapid vehicle electrification, increasing
demand for electronics, and growth in vehicle production. The automotive sensor
segment is expected to witness the highest growth during the forecast period
due to the growth in advanced driver assistance system.
Asia Pacific is expected
to be the largest region and witness the highest growth over the forecast
period due to the high vehicle production and increasing awareness for
passenger safety.
Key Players in the automotive
semiconductors market are NXP semiconductor, Renesas Electronics, ST
Microelectronics, Infineon Technologies, Texas Instruments, Robert Bosch, On
Semiconductor, Micron Technology, TOSHIBA, and Panasonic Semiconductor
Solutions, and others.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
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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.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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