DUBLIN--(BUSINESS WIRE)--The "Automotive Semiconductor Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global automotive semiconductor market to grow with a CAGR of 6.4% over the forecast period of 2018-2024.
The global automotive semiconductor market was worth USD 36.4 billion in 2017 and it is projected to grow substantially over the next six years.
The growth in this market is primarily driven by factors such as adoption of advance driver assistance system in vehicles for safety & better driving experience, growing trends towards electric or hybrid cars.
Furthermore, increase environmental regulations, emission regulations, increased focus on power efficiency and government encouragement policy to further boost the demand for automotive semiconductor products.
On the other hand, economic slowdown in emerging countries are likely to hinder the growth in this market over the forecast period. In addition, fluctuations in the raw material prices are likely to restrain the growth in this market over the forecast period.
Key Topics Covered
2. Executive Summary
3. Global Automotive Semiconductor Market Overview
4. Global Automotive Semiconductor Market by Component Type
5. Global Automotive Semiconductor Market by Vehicle Type
6. Global Automotive Semiconductor Market by Application
7. Global Automotive Semiconductor Market by Region 2018-2024
8. Companies Covered
- NXP Semiconductors N.V.
- Renesas Electronics Corp.
- Infineon Technologies AG
- STMicroelectronics N.V.
- Robert Bosch GmbH
- Texas Instruments Inc.
- ON Semiconductor Corp.
- ROHM Co. Ltd.
- Analog Devices Inc.
- Delphi Technologies
- Panasonic Industrial Devices & Solutions
For more information about this report visit https://www.researchandmarkets.com/research/p5xlj7/automotive?w=4