Automotive Semiconductor Market Forecast up to 2027

1. Automotive Semiconductor Market Automotive Semiconductor Market to 2027 - Global Analysis and Forecasts by Component (Optical, Sensors & Actuators, Memory, Microcontrollers, Analog ICs, Logic and Discrete Power Devices); Application (Advanced Driver Assistance Systems, Body Electronics, Infotainment, Powertrain, Safety Systems); Vehicle Type (Passenger, LCV, and HCV)

2. Automotive Semiconductor Market Current and future MarketScenario The global automotive semiconductor market accounted to US$34.89 Bn in 2017 and is expected to grow at a CAGR of 8.3% during the forecast period 2018 – 2027, to account to US$76.93 Bn by 2027. The continuous innovations in the field of semiconductors for wide variety of applications in passenger cars, lightweight commercial vehicle (LCV), heavyweight commercial vehicle (HCV) is attracting several automakers globally, which is paving the path for automotive semiconductors market in the current scenario. Additionally, the automotive semiconductor market is experiencing rising number of partnerships between the automakers and semiconductor manufacturers under various projects to boost the automotive semiconductor products.

3. Automotive Semiconductor Market Factors Contributing to MarketGrowth • A Pertaining to the fact of increase in vehicular accidents, the manufacturers of automotive along with their technology partners, has introduced several technologies, which has benefited the industry at a large scale. • The demand for modernization of vehicles equipped with advanced technologies have led the technology companies to innovate and design systems/technologies including advanced driver assistance systems, anti- lock braking systems, traction control and adaptive cruise control, and electronic stability control. • The newer versions of ADAS provided by various companies are capable of recognizing police vehicles, ambulance, taxis, speed restrictions board, and pedestrians.

4. Automotive Semiconductor Market MarketSegments • Component • Optical Devices • Memory • Microcontrollers • Application • Advanced Driver Assistance Systems • Body Electronics • Infotainment • Powertrain • Safety Systems • Vehicle Type • Passenger Cars • Lightweight Commercial Vehicle • Heavyweight Commercial Vehicle

5. Automotive Semiconductor Market DominatingSegments • The global automotive semiconductor market is segmented on the basis of vehicle type which is fragmented into passenger cars, light commercial, and heavy commercial vehicles. • The discerning capability is attracting an increased number of automotive OEMs in the recent scenario, and the adoption of the same is rising substantially. Some of the major companies providing ADAS includes NVIDI Corporation, Toshiba Electronic Devices & Storage Corporation, Robert Bosch GmbH, Continental AG, and among others. • For instance, ON Semiconductor and Audi AG has entered into a partnership with an aim to innovate and develop semiconductor technologies for Audi’s upcoming vehicles. Similarly, NVIDIA Corporation and VOLVO partnered to improve the safety of their vehicles using NVIDIA DRIVE. However, heavy commercial vehicles is anticipated to grow at a highest CAGR.

6. Automotive Semiconductor Market LeadingPlayers • NVidia Corporation • Intel Corporation • NXP Semiconductors N.V. • Infineon Technologies AG • Rohm Semiconductor • Texas Instruments Inc. • Renesas Electronics Corporation • Robert Bosch Gmbh • ON Semiconductor Corporation • STMicroelectronics N.V.

7. Graphical Representation

8. Exhibit: Automotive Semiconductor Market by Region

9. Automotive Semiconductor Market

10. Automotive Semiconductor Market Access Full Research Report at: https://www.theinsightpartners.com/reports/automotive-semiconductor-market Thank You!