Global Automotive Integrated Circuit Market to Reach US$ 131.9 Billion by 2029
Market Overview:
The global automotive integrated circuit (IC) market is expected to reach US$ 131.9 billion by 2029, growing at a CAGR of 9.81% during the forecast period. This growth is driven by the increasing demand for electronics in vehicles, including driver assistance systems, in-vehicle communication systems, and transmission control systems.
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Report Scope:
This report offers a comprehensive assessment of the global automotive integrated circuit market, providing historical data, industry-validated market data and projections, and insightful analysis. It examines market dynamics, segments the market by type (monolithic and hybrid), application, and region, and offers a competitive landscape analysis of key players.
Research Methodology:
The report utilizes a combination of primary and secondary research methodologies. Primary research involves interviews with industry experts and stakeholders, while secondary research involves analyzing data from various sources such as government publications, industry reports, and company filings.
Segmentation:
- Type: Monolithic Integrated Circuits and Hybrid Integrated Circuits.
- Application: Advanced Driver Assistance System, In-vehicle Networking, Engine Management, Transmission Control System, and Others.
- Region: Asia Pacific, Europe, North America, Middle East and Africa, and South America.
Regional Insights:
The Asia Pacific region is expected to hold the largest market share due to government incentives promoting vehicle standards and increasing focus on passenger and vehicle safety.
Key Takeaways:
- The report provides valuable insights for investors, manufacturers, and end-users in the global automotive integrated circuit market.
- It helps understand market dynamics, key segments, growth drivers and challenges, and regional opportunities.
- The report also offers a competitive analysis of key players and their strategies.
Automotive Integrated Circuit (ICs) Market Key Players:
1. Intel
2. Samsung
3. Robert Bosch Limited
4. Qualcomm Technologies
5. Renesas Electronics Corporation
6. Infineon Technologies AG
7. STMicroelectronics N.V
8. ROHM CO. LTD.
9. Texas Instruments
10. NXP Semiconductors N.V
11. Atmel
12. Microchip Technology
13. ON Semiconductor
14. Rohm Co. Ltd
15. STMicroelectronics N.V.
16. Toshiba Electronics.
17. Mikroelektronik Ltd.
18. KEC
19. Silverstone Auctions
20. Jinan MYST Laser Equipment Co., Ltd.
21. Semicon Engineering
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