Air Sea Logistics & Automotive Transportation News

Research delivers insight into the automotive semiconductor market that is expected to reach USD 48.78 Billion by 2022, at a CAGR of 5.8% between

The automotive semiconductor market is expected to reach USD 48.78 Billion by 2022, at a CAGR of 5.8% between 2016 and 2022

- Advertising -

The most significant factor driving the automotive semiconductor market is the increasing vehicle production which, in turn, is leading to the rise in demand for automotive semiconductors. Rising trend of vehicle electrification and growing demand for advanced safety, convenience, and comfort systems are the other factors driving the growth of the semiconductor content in the automobiles.

Browse 71 tables and 71 figures spread through 188 Pages and in-depth TOC on "Automotive Semiconductor Market - Global Forecast to 2022"
www.marketsandmarkets.com/Market-Reports/automotive-semiconductor-195.html

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 on the basis of components.

- Advertising -

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.

Download PDF Brochure @ www.marketsandmarkets.com/pdfdownload.asp?id=195

Passenger cars segment occupies almost three-fourth of the overall automotive semiconductor market

Passenger cars accounted for the largest market share in 2016. 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.

Automotive industries in Asia-Oceania are the major consumers of the semiconductor component

The Asia-Oceania region expected to account for the largest share in 2016 of the total automotive semiconductor market. The Asia-Oceania region has emerged as a major automotive hub with the majority 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.

Inquire Report @ www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=195

The report also profiles the most promising players in the automotive semiconductor market. 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.

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.

News From

MarketsandMarkets™ - Business ResearchMarketsandMarkets™
Category: Market Research Publishers and RetailersCompany profile: MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth ...