Automotive Semiconductors Segmentation
Propulsion Type (Electric, Internal Combustion Engine)
In automotive semiconductor market, electric segment is poised to hold substantial share by 2037, backed by the growing number of electric vehicles along with the surge in the demand for electric cars worldwide. Electric vehicles play a major role in cutting carbon commission and creating less pollution on the roads. This forces government authorities to bring EVs as they are beneficial for the environment. For instance, it is projected that globally, 1 in 2 cars will have an electric powertrain by 2030. Last year more than 1 million electric cars were produced globally.
Application (Body Electronics, Chassis, Powertrain, Safety, Telematics & Infotainment)
In automotive semiconductor market, body electronics segment is expected to hold remarkable share by 2037. The leading companies in the automotive business are focusing on safety, convenience, and comfort over style and appearance. Moreover, government rules and strict laws are affecting the market by prioritizing client safety above all. After body electronics, the telematics and infotainment segment is anticipated to hold the highest market share in the forecast period. This can be attributed seeing the technological advancement in the field of cell phones, GPS, and the internet.
Our in-depth analysis of the global market includes the following segments:
|
By Propulsion Type |
|
|
By Component |
|
|
By Vehicle Type |
|
|
By Application |
|
