Automotive Semiconductor Industry The global automotive semiconductor market is expected to reach USD 77.76 billion by 2030, growing at a CAGR of 8.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. Growing focus on vehicle safety systems and a significant increase in the adoption of engine control units (ECUs) in modern automobiles are anticipated to drive...

Automotive Semiconductor Market  Automotive Semiconductor Market was valued at USD 47.39 billion in 2023 and is expected to grow to USD 85 billion by 2035. It is projected to expand at a compound annual growth rate (CAGR) of approximately 4.99% between 2025 and 2035. The automotive semiconductor market refers to the industry involved in the production and distribution of...

The Automotive Semiconductor Market was valued at USD 47.2 billion in 2023-e and will surpass USD 93.4 billion by 2030; growing at a CAGR of 10.2% during 2024 - 2030. The report focuses on estimating the current market potential in terms of the total addressable market for all the segments, sub-segments, and regions. In the process, all the high-growth and upcoming technologies were identified...

The Global Automotive Semiconductor Market size was accounted for USD 47.5 billion in 2023 is projected to reach USD 88.3 billion by 2031, growing at a CAGR of 8.8 % in the forecast period 2024-2031. The Global Automotive Semiconductor Market study meticulously analyzes the factors that drive the market to establish a market definition. This comprehensive report is the result of an in-depth...