Global Automotive Semiconductor Market Emerging Technologies, Share, Challenges And Forecast To 2027

Global Automotive Semiconductor Market: Industry Analysis and Forecast (2021-2027) by Component, Fuel type, Vehicle type and Application.

Global Automotive Semiconductor Market was worth US$ 48.13 Bn in 2020 and total revenue is expected to grow at a rate of 11.2 % CAGR from 2021 to 2027, reaching almost US$ 129.17 Bn in 2027.

Global Automotive Semiconductor Market Overview:

The Global Automotive Semiconductor Market Report delves into the most recent industry studies on the Automotive Semiconductor market, analyses potential and current market scenarios, and offers insights and updates on forecast periods for key segments (2020-2027). Global demand, product development, revenue creation, and Automotive Semiconductor market sales and revenue are all covered in this study. Strong and bearish scenarios are presented in order to establish a total market valuation, taking into account Automotive Semiconductor sales during the predicted period. Likewise, this research compares regional and big company variable costs to global average prices.

There are two types of aircraft on the market: airborne and ground-based. The airborne sector is expected to hold the largest share of the market as more aerial mapping equipment is used, rising at a CAGR of % over the forecast years. Aerial LiDAR has overtaken photogrammetry as a more exact and comprehensive way of making digital elevation models. This technology is more precise and has a broader coverage area than its terrestrial counterparts. It allows for faster completion of more detailed area mapping. LiDAR systems are either stationary or movable on the ground. Countries such as the United States, Taiwan, South Korea, Japan, and the Netherlands have emerged as prominent key participants in the automotive semiconductor business. Semiconductor sales are predicted to drop -9.6% to slightly more than $38 billion in 2020, compared to a mid-year prediction of a 20% drop by the end of the year compared to 2019. Due of a semiconductor scarcity. The semiconductor industry is expected to develop strongly in 2021, thanks to increasing demand and production conditions, as well as increased adoption of electric automobiles, which was one factor that drove the market in 2020.

Segmentation:

Product categories, applications, end-users, and distribution or sales channel are all used to categorise the Automotive Semiconductor market. The establishment of different segments will assist you in learning about the various growth components that are likely to be comparable across the sector, as well as establishing unique techniques to assist you in identifying significant application areas and differences in your target markets.

Passenger automobiles, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs) are the three sectors that make up the market (HCV). During the projection period, passenger automobiles are expected to hold the biggest market share. This increase is due to high demand for passenger automobiles around the world, particularly in Asia and Oceania. In nations like China, India, Thailand, Indonesia, and Malaysia, rising middle-class populations and disposable income have spurred demand for passenger automobiles. The LCV class, which is expected to increase at the fastest CAGR between 2016 and 2022, will see the most significant growth.

Processor, Analog IC, Discrete Power Device, Sensor, Memory Device, and Lighting Device are the sub-segments of the market. Discrete power devices are the fastest-growing segment of the automotive semiconductor market, followed by memory devices. The increasing electrification of major automotive applications such as powertrain, which is pushing up demand for power components such as MOSFET and IGBT, is the explanation for this rapid increase in discrete power device market share. The desire for greater safety and advanced features in autos is driving the need for more memory devices per car to train the many control systems into an autonomous one.

The market is divided into sectors like as powertrain, safety, body electronics, chassis, and telematics and infotainment. Because of the growing demand for safety features that prevent collisions and accidents by providing technologies that alert drivers to potential hazards and avoid crashes by implementing safeguards and taking control of the vehicle, ADAS (Advanced Driver Assistance Systems) sales are expected to increase in the future. To improve the system's functionality, semiconductors are employed in ADAS. Higher data volumes are driving the usage of 64-bit CPUs in vehicle ADAS applications. To improve the system's functionality, semiconductors are employed in ADAS. Higher data volumes are driving the usage of 64-bit CPUs in vehicle ADAS applications. It's becoming more normal to move from a distributed to a more centralised ECU. The most common and traditional usage are powertrain and HVAC systems, followed by body electronics and alternative fuel. Customers' growing need for automatic operation control and information about a vehicle's status has resulted in a greater emphasis on safety. Similarly, during the anticipated period, government support for the use of alternative fuels is expected to promote market growth for automotive semiconductors.

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Key Players:

• Renesas Electronics Corp. (Japan)
• Infineon Technologies AG (Germany)
• STMicroelectronics N.V. (Switzerland)
• Robert Bosch GmbH (Germany)
• Texas Instruments, Inc. (U.S.)
• ON Semiconductor Corp. (U.S.)
• ROHM Co., Ltd. (Japan)
• Toshiba Corp. (Japan)
• Analog Devices Inc. (U.S.)
• NVidia Corporation
• Intel Corporation
• Microchip Technology Inc.
• Entegris
• Sanmina
• Wafer Space
• Lattice Semiconductor
• Semtech
• GEO Semiconductor, Inc.
• indie Semiconductor

For improved business strategies and competitive advantage, knowing your competitors' primary business plans, historical performance, and product and service portfolio is vital. The main players in the Automotive Semiconductor market are examined in depth in this report.

Regional Analysis:

The research report gives insight into the Automotive Semiconductor market, segmenting it into multiple regions. The research contains market findings as well as assessments of regional market players in the target industry. The report assesses the market in North America, South America, Europe, Asia Pacific (APAC), Africa, and the Middle East on a regional and country-by-country basis. Each region's market is thoroughly examined, allowing for the identification of regional market trends, restrictions, and prospective prospects.

COVID-19 Impact on Automotive Semiconductor market Analysis:

This report looks at COVID-19's global influence on the Automotive Semiconductor market. The report covers the Automotive Semiconductor market's alternatives, hard conditions, and difficult possibilities in depth during the current crisis. The benefits and drawbacks of COVID-19 in terms of funding and market expansion, as well as ideas for designing and implementing corporate goals, are reviewed in this study report.

Highlights of the Automotive Semiconductor Market Report:

  • The structure and forecasts for the market over the forecast period.
  • Market drivers, challenges, opportunities, and current trends.
  • Statistics and forecasts for historical periods.
  • Estimates for the forecast period of 2027.
  • Recent developments and trends on the Automotive Semiconductor market.
  • The following is a market scenario by region, sub region, and country.
  • A list of the global market players, their company profiles, product specifications, SWOT analyses, and competitive landscape.
  • Market dynamics of downstream raw materials, upstream raw materials, and current raw materials.
  • Report includes information about government policies, macroeconomic factors, and microeconomic factors.

Key Questions answered in the Automotive Semiconductor Market Report are:

  • Which product segment grabbed the largest share in the Automotive Semiconductor market?
  • How is the competitive scenario of the Automotive Semiconductor market?
  • Which are the key factors aiding the Automotive Semiconductor market growth?
  • Which region holds the maximum share in the Automotive Semiconductor market?
  • What will be the CAGR of the Automotive Semiconductor market during the forecast period?
  • Which application segment emerged as the leading segment in the Automotive Semiconductor market?
  • Which are the prominent players in the Automotive Semiconductor market?
  • What key trends are likely to emerge in the Automotive Semiconductor market in the coming years?
  • What will be the Automotive Semiconductor market size by 2027?
  • Which company held the largest share in the Automotive Semiconductor market?

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