Automotive Integrated Circuit (ICs) Market (Updated Version Available)

Automotive ICs are customized for specific applications within the vehicle system. As semiconductor technology has evolved, it enabled vehicle manufacturers to assemble multiple applications on a single chip to optimize performance. Automotive electronics are used in safety systems, driver assistance, powertrain control, communications, and infotainment systems.
The demand for ICs in automotive is increasing due to implementation of stringent government regulations towards drivers safety and security. North America was the dominant market for automotive ICs in 2016, owing to the presence of major players offering advanced solutions. Moreover, extensive adoption of advanced vehicles and surge in public demand for safety & security in automobiles have fueled the growth of the North America automotive ICs market. Passenger cars have higher penetration in this region, owing to increase in sales of advanced vehicles, which is expected to further propel the market growth.
Global Automotive Integrated Circuit (ICs) market size will reach xx million US$ by 2026, from xx million US$ in 2020, at a CAGR of xx% during the forecast period. In this study, 2020 has been considered as the base year and 2021-2026 as the forecast period to estimate the market size for Automotive Integrated Circuit (ICs).

This report covers the present status and the future prospects of the global Automotive Integrated Circuit (ICs) market for 2015-2026.
The report offers detailed coverage of Automotive Integrated Circuit (ICs) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive Integrated Circuit (ICs) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Intel, Samsung, Robert Bosch, Qualcomm, Renesas Electronics Corporation, Infineon Technologies AG, STMicroelectronics N.V., ROHM CO. LTD., Texas Instruments, NXP Semiconductors N.V.

Market Segment as follows:
Market by Order Type

Monolithic Integrated circuits
Hybrid Integrated circuits
Automotive Integrated Circuit (ICs) Breakdown Data by Application
ADAS
In-vehicle Networking
Engine Management
Transmission Control System
Other

Automotive Integrated Circuit (ICs) market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Integrated Circuit (ICs) market for the forecast period 2021 - 2026?
• What are the driving forces in the Automotive Integrated Circuit (ICs) market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Integrated Circuit (ICs) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.