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(Transportation-News.com, January 17, 2019 ) Global automotive semiconductor market is expected to grow from US$ 34.89 Bn in 2017 to US$ 76.93 Bn by 2027 at a CAGR of 8.3% between 2018 and 2027.
Automotive Semiconductor market is witnesses a stagnant growth in the current scenario and is anticipated to rise in forthcoming years. The automotive semiconductor market consists of numerous tier1, tier2 and tier3 companies throughout the globe that capitalizes substantial amounts with a predetermined goal to create advance electronic and semiconductor products. With an endless innovations in a field of semiconductors, manufacturers are able to cater wide variety of applications in passenger cars, lightweight commercial vehicle, and heavyweight commercial vehicles globally. Additionally, overall automotive industry is looking ahead to enter into partnership to further develop their product portfolio. A rise in the number of partnerships between automakers and semiconductor manufacturers for various projects to boost the automotive semiconductor products is observed in the market. These factors are anticipated to drive the automotive semiconductor market during the forecast period.
The report enables you to-
Formulate significant competitor information, analysis, and insights to improve R&D strategies
Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
Identify and understand important and diverse types of Automotive Semiconductor under development
Develop market entry and market expansion strategies
Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
In-depth analysis of the product's current stage of development, territory and estimated launch date
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Some of the key players operating in the automotive semiconductor market includes STMicroelectronics N.V., Robert Bosch GmbH, ROHM Co., Ltd., NVIDIA Corporation, Infineon Technologies AG, Texas Instruments Inc., Intel Corporation, Renesas Electronics Corporation, ON semiconductor, NXP Semiconductors N.V., among others.
The report focuses on an in-depth segmentation of automotive semiconductor market based on component, application, and vehicle type. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By application segment, advanced driver assistance systems is accounted for largest share in the automotive semiconductor market in 2017 and is anticipated to grow at the highest CAGR followed by infotainment and safety systems during the forecast period 2018-2027.
The report aims to provide an overview of global automotive semiconductor market with detailed market segmentation. Also, it analyzes the current market scenario of automotive semiconductor market and forecasts the market till 2027. The report covers market dynamics affecting the Automotive Semiconductor market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the automotive semiconductor market with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the automotive semiconductor market along with their market strategies. The report also provides value chain along with the SWOT analysis for all company profiled in the report.
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Reason to Buy:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automotive Semiconductor Market
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Automotive Semiconductor Market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com 
Source: EmailWire.com
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