Auto Market Consumes $89 Billion Worth Of ICs By 2025

Allied Market Research’s report titled, “Automotive IC Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2018-2025”, shows that the global automotive IC market was valued at $43,240 million in 2017, and is projected to reach at $89,140 million by 2025, growing at a CAGR of 9.3% from 2018 to 2025. At present, the North America region dominates the global automotive IC market, owing to increased adoption of high-end vehicles.

 

Highlights

FREE SENSORS NEWSLETTER

Like this story? Subscribe to Sensors Online!

Sensors delivers a suite of newsletters, each serving as an information resource to help engineers and engineering professionals make efficient design and business decisions. Sign up to get news and updates delivered to your inbox and read on the go.

 

  • In 2017, the engine management segment generated the highest revenue in the global automotive IC market.
  • In 2017, the hybrid or multichip integrated circuit segment generated the highest revenue among the other IC types in the global automotive IC market.
  • Key players profiled in the report include Intel, Samsung, Robert Bosch, Qualcomm, Renesas Electronics Corporation, Infineon Technologies AG, STMicroelectronics N.V., ROHM CO. LTD., Texas Instruments, and NXP Semiconductors N.V. 

For more knowledge, request sample of the “Automotive IC Market” report.

 

Allied Market Research

Portland, OR

US: +1-800-792-5285

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

[email protected]