According
to the new market research report on the "Automotive
Semiconductor Market by Component (Processor, Analog IC,
Discrete Power, Sensor, and Memory), Vehicle Type (Passenger, LCV, and HCV),
Fuel Type (Gasoline, Diesel, and Electric and Hybrid), Application, and
Geography - Global Forecast to 2022"published by MarketsandMarkets™.
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 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), 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), and Analog Devices Inc. (U.S.)
among others.
Browse and in-depth TOC on “Automotive
Semiconductor Market”
71 – Tables
71 – Figures
188 – Pages
Request for Free Sample Report @
https://www.marketsandmarkets.com/requestsampleNew.asp?id=195
“Ongoing electrification of the powertrain system
generating more demand for discrete power devices”
Discrete power devices is the fastest-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, which is generating more demand for power
components such as MOSFET and IGBT.
“Passenger cars segment occupies almost
three-fourth of the overall automotive semiconductor market”
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.
• Check Out our Press Release @ https://www.marketsandmarkets.com/PressReleases/automotive-semiconductor.asp
“Automotive industries in Asia-Oceania are the
major consumers of the semiconductor component”
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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https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=195
The report
articulates the drivers, 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, Asia-Oceania, and Rest of the World.
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