Automotive Integrated Circuit (ICs) Market – Global Opportunities & Forecast, 2020-2027

 The primary objective of the market report by GMI Research is to help the users understand the market scenario in terms of its definition, segmentation, drivers, opportunities, market trends, and the challenges that the market is facing. This report focuses on the market, especially in North America, Europe, Asia-Pacific, and the rest of the world.

Key Drivers of the Automotive Integrated Circuit (ICs) Market:

The major key drivers contributing to the growth of the automotive integrated circuit (ICs) market size include the increasing production of vehicles, the strong demand for electric vehicles, and the growing requirement for the electronics in vehicles to improve its features. In addition to this, continuous technological advancements such as the implementation of IoT and favorable government standards for the production of autonomous, connected, and low emission vehicles are some other factors that are accelerating the demand of the global automotive integrated circuit (ICs) market.

The increasing concerns related to the safety & security of the passengers in the automobiles, rising implementation of such IC in in-vehicle networking, and advanced driver assistance systems are opening new doors for the growth of the global automotive integrated circuit (ICs) market. On the other edge of the spectrum, the complexity in the designing of IC will hamper the growth of the market.

List of Top Leading Manufacturers/Key-Players of the Automotive Integrated Circuit (ICs) Market:

Variousnotable players in the market include Renesas Electronics Corporation, Texas Instruments, ROHM Co. Ltd., Qualcomm, Samsung, Intel Corporation, Robert Bosch, STMicroelectronics N.V, Infineon Technologies AG, and NXP Semiconductors N.V., among others.

Segmentation of the Automotive Integrated Circuit (ICs) Market:

Thestudy’s objective is to define market sizes of different segments & countries in recent years and predict the values in the coming six years. The detailed segments and sub-segments of the market are explained below:

Segment by Type:

• Monolithic Integrated Circuits
• Hybrid or Multichip Integrated Circuit

o   Analog IC

o   Digital IC

o   Mixed IC

Segment by Application:

• In-Vehicle Networking
• Advanced Driver Assistance System (ADAS)
• Transmission Control System
• Engine Management
• Others

Segment by Region:

• North America

o   United States of America

o   Canada

• Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

• Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

• RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

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