Infinium Global Research has added a new report on Automotive Semiconductor Market. The report presents analysis of global as well as regional markets of automotive semiconductor market over the period of 2016 to 2024.
According to the report, the desire for improved safety and better driving experience has led to increasing adoption of advance driver assistance system in vehicles across the market, which in turn, has led to increased usage of automotive semiconductors. The rising demand for hybrid or electric vehicles will require more automotive semiconductors as the hybrid or electric vehicles requires number of semiconductor component than from non-electric vehicles. Furthermore increased government regulations, emission regulations, government encouragement policy and increased focus on power efficiency to further boost the automotive semiconductor market. According to the report the automotive semiconductor market was worth USD 36.4 billion in 2017 with major demand coming from Europe Region.
By Vehicle Type segment, luxury cars accounted the highest market share followed by hybrid cars. The recent report identified that Europe dominated the global automotive semiconductor market over the last couple of years owing to presence of major OEM manufacturers of automotive semiconductors products as well as presence of major automobile companies in Europe. While emerging markets of Asia-Pacific are anticipated to contribute significantly to the growth in the automotive semiconductor worldwide. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018 -2024.
Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global automotive semiconductor market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.
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The report segments the global automotive semiconductor market on the basis of Component Type, Vehicle Type, and Application.
Global Automotive Semiconductor Market by Component Type
· Sensors
· Application Processors
· Analog IC's
· Discreet Power Devices
Global Automotive Semiconductor Market by Vehicle Type
· Luxury
· Mid-Range
· Compact
· Hybrid
· Others
Global Automotive Semiconductor Market by Application
· Power Train
· Chassis
· Infotainment
· Networking
· Safety & Control
· Comfort & Control
· Electronic System
Companies Profiled in the Report
· NXP Semiconductors N.V.
· Renesas Electronics Corp.
· Infineon Technologies AG
· STMicroelectronics N.V.
· Robert Bosch GmbH
· Texas Instruments, Inc.
· ON Semiconductor Corp.
· ROHM Co., Ltd.
· Analog Devices Inc.
· Delphi Technologies
· Panasonic Industrial Devices & Solutions
About Infinium Global Research
Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.
Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.
