|[April 06, 2017]
$45.9 Billion Growth Opportunities in the Global Automotive Semiconductor Market, 2022 - Research and Markets
Research and Markets has announced the addition of the "Growth
Opportunities in the Global Automotive Semiconductor Market"
report to their offering.
The global automotive semiconductor market is expected to reach an
estimated $45.9 billion by 2022 and it is forecast to grow at a CAGR of
6.4% from 2017 to 2022.
The future of the global automotive semiconductor market looks good with
opportunities in the passenger car and commercial vehicle segments. The
major drivers of growth for this market are increasing vehicle
production, increasing semiconductor content per vehicle, growing demand
for advanced vehicle safety and comfort systems, and growing government
regulations regarding CO2 emissions.
Emerging trends, which have a direct impact on the dynamics of the
industry, include the introduction of high efficiency power
semiconductors and development of smaller single-chips for radar sensors.
Within the global automotive semiconductor market, the integrated
circuits segment is expected to remain the largest market. The
integrated circuit is an essential component of electronic control
units. The ICs interact with one another in the system and ensure
movement, information, and safety, which would spur gowth for this
segment over the forecast period.
Asia Pacific is expected to remain the largest market due to high
vehicle production, improvement in the economic conditions, and
increasing investment by the industry players within the APAC region.
Automotive semiconductor companies profiled in this market report
include NXP semiconductor N.V, Infineon Technologies (News - Alert) AG, Renesas
Electronics Corporations, ST Microelectronics, and Texas Instruments
Incorporated. Several of these companies are seeking mergers and
acquisitions as strategic initiatives to drive growth.
Scope of the Report
Automotive semiconductor market by component type ($ Million from 2011
- Integrated Circuits
- Discrete Power
Automotive semiconductor market by vehicle type ($ Million from 2011 to
- Small Cars
- Compact Cars
- Mid-Size Cars
- Large Cars
- SUV& Crossover
- Sports/Unclassified Vehicles
Automotive semiconductor market by application type ($ Million from 2011
- Body Electronics
- Driver Information Systems
Automotive semiconductor market by Fuel type ($ Million from 2011 to
- Infineon Technologies AG
- Micron Technology
- NXP Semiconductors (News - Alert) N.V
- ON Semiconductor
- Panasonic Semiconductor Solutions Co. Ltd.
- Renesas Electronics Corporations
- Robert Bosch GmbH
- STMicroelectronics (News - Alert) N.V
- Texas Instruments Incorporated
For more information about this report visit http://www.researchandmarkets.com/research/98z4g3/growth
View source version on businesswire.com: http://www.businesswire.com/news/home/20170406006014/en/
[ Back To TMCnet.com's Homepage ]