The global automotive semiconductor market is expected to reach $67.5 billion by 2023


   December 2 2018
According to a new market report published by Lucintel, future of the global automotive semiconductor market looks promising with opportunities for passenger cars, commercial, and electric vehicles. The global automotive semiconductor market is expected to reach an estimated $67.5 billion by 2023 with a CAGR of 13.1% from 2018 to 2023. The major growth drivers for this market are increasing vehicle production, increasing electronic content per vehicle, and growing demand for advanced vehicle safety and comfort systems.

Browse 121 market data tables and 145 figures spread through 253 pages and in-depth TOC on “Global Automotive Semiconductor Market"

Free customization on reports https://www.lucintel.com/automotive-semiconductor-market.aspx

In this market, different types of automotive semiconductor grades such as microcontrollers, integrated circuits, sensors, discrete power, and others are used as component type. Lucintel forecasts that integrated circuits is expected to remain the largest component type due to rapid vehicle electrification, increasing demand for electronics, and growth in vehicle production. The automotive sensor segment is expected to witness the highest growth during the forecast period due to the growth in advanced driver assistance system.

Lucintel forecasts that the powertrain and safety application will show above average growth during the forecast period due to the stringent government regulations for reduced vehicle emissions, and increased passenger safety.

Download Free PDF Brochure @ https://www.lucintel.com/automotive-semiconductor-market.aspx#/

Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to the high vehicle production and increasing awareness for passenger safety.

Pre-Purchase Query @ https://www.lucintel.com/automotive-semiconductor-market.aspx#/

Emerging trends, which have a direct impact on the dynamics of the automotive semiconductor industry, include the introduction of high efficiency power semiconductors, and development of smaller single–chips for radar sensors. NXP semiconductor, Renesas Electronics, ST Microelectronics, Infineon Technologies, Texas Instruments, Robert Bosch, On Semiconductor, Micron Technology, TOSHIBA, and Panasonic Semiconductor Solutions and others are among the major automotive semiconductor manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the global automotive semiconductor market by application, product type, aspect ratio, end use industry, and region and has come up with a comprehensive research report entitled  “Growth Opportunities in the Global Automotive Semiconductor Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global automotive semiconductor market by application, product type, aspect ratio, end use industry, and region as follows:

By Component Type ($ Million from 2012 to 2023):



  • Microcontrollers


  • Integrated Circuits


  • Sensors


  • Discrete Power


  • Others


By Vehicle Type ($ Million from 2012 to 2023):



  • Small Cars


  • Compact Cars


  • Mid-Size Cars


  • Large Cars


  • SUVs & Crossovers


  • MPVs  


  • Pickups


  • HCVs


  • Electric Vehicles


  • Others


By Application ($ Million from 2012 to 2023):



  • Powertrain


  • Safety 


  • Driver Information Systems 


  • Body Electronics 


  • Chassis


  • Networking/Communication


By Engine Type ($ Million from 2012 to 2023):



  • ICE Vehicles   


  • Electric Vehicles  


By Region ($ million from 2012 to 2023):



  • North America


    • United States


    • Canada


    • Mexico




  • Europe


    • Germany


    • Spain


    • United Kingdom


    • Russia


    • France




  • Asia Pacific


    • China


    • India


    • Japan


    • Indonesia


    • South Korea




  • The Rest of the World


    • Brazil


    • Argentina




Download Free Sample Page @ https://www.lucintel.com/automotive-semiconductor-market.aspx#/

This 253-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-semiconductor-market.aspx or   helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Market Research Reports

Aerospace & Defense [52]
Chemical [146]
Composites & Advanced Materials [123]
Construction & Industrial [59]
Consumer and Retail [91]
Economic Analysis [86]
Energy & Utility [72]
Finance & Services [10]
Healthcare [31]
Media & Entertainment [16]
Metals & Mining [17]
Technology & Telecommunication [64]
Transportation [93]

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

Quick Query

Lucintel Insights in News

Follow us on