The automotive semiconductor market is expected to grow by registering a CAGR of 16.2% during the forecast period. With the introduction of numerous technologies over the past few years, including 3D mapping applications, the rise of electric vehicles, automotive automation, and many more, the automotive sector has undergone rapid development. Due to this, there is a greater need for various advanced semiconductors, including ICs, sensors, and memory devices.
The Global Automotive Semiconductor market is moderately competitive and consists of several major players, such as STMicroelectronics, NXP Semiconductor NV, among others. The competitive environment requires technological upgrades, significant capital requirements, and investment in research & development for scalability.
1 INTRODUCTION 1.1 Study Assumptions and Market Definition 1.2 Scope of the Study 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET INSIGHTS 4.1 Market Overview 4.2 Industry Attractiveness - Porter's Five Forces Analysis 4.2.1 Bargaining Power of Suppliers 4.2.2 Bargaining Power of Consumers 4.2.3 Threat of New Entrants 4.2.4 Intensity of Competitive Rivalry 4.2.5 Threat of Substitute Products 4.3 Industry Value Chain Analysis 4.4 Impact of COVID-19 on the Market 5 MARKET DYNAMICS 5.1 Market Drivers 5.1.1 Increasing Vehicle Production 5.1.2 Rising Demand for Advanced Safety and Comfort Systems 5.2 Market Restraints 5.2.1 Higher Cost of Advanced Featured Vehicles 6 MARKET SEGMENTATION 6.1 By Vehicle Type 6.1.1 Passenger Vehicle 6.1.2 Light Commercial Vehicle 6.1.3 Heavy Commercial Vehicle 6.1.4 Other Vehicle Types 6.2 By Component 6.2.1 Processors 6.2.2 Sensors 6.2.3 Memory Devices 6.2.4 Integrated Circuits 6.2.5 Discrete Power Devices 6.3 By Application 6.3.1 Chassis 6.3.2 Power of Electronics 6.3.3 Safety 6.3.4 Body Electronics 6.3.5 Comforts/Entertainment Unit 6.3.6 Other Applications 6.4 By Geography 6.4.1 North America 6.4.2 Europe 6.4.3 Asia-Pacific 6.4.4 Latin America 6.4.5 Middle East and Africa 7 COMPETITIVE LANDSCAPE 7.1 Company Profiles 7.1.1 NXP Semiconductor NV 7.1.2 Infineon Technologies AG 7.1.3 Renesas Electronics Corporaton 7.1.4 STMicroelectronics NV 7.1.5 Toshiba Corporation 7.1.6 Texas Instrument Inc. 7.1.7 Robert Bosch GmbH 7.1.8 Micron Technology 7.1.9 Onsemi (Semiconductor Components Industries LLC) 7.1.10 Analog Devices 7.1.11 ROHMN Co. Ltd 8 INVESTMENT ANALYSIS 9 FUTURE TRENDS
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