The Global Analog Semiconductor Market for Automotive Industry is projected to grow at a CAGR of 4.42% to reach US$ 14.581 billion by 2024, from US$11.246 billion in 2018. Analog semiconductors are gaining a significant market share in the automotive industry resulting from the technological advancements by manufacturers in the form of telematics, use of electronic technology for various wireless communication applications. Simultaneously, due to increase in disposable income a there is a booming increase in demand for vehicle. Apart from this various governments throughout the world are taking initiatives to promote electric vehicles which acts as a driving force for the demand of analog semiconductors in this industry.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Global Analog Semiconductor Market for Automotive Industry.
Major industry players profiled as part of the report are Texas Instruments Incorporated, Qualcomm Technologies Inc, STMielectronics, Skyworks Solutions Inc, Infineon Technologies AG, NXP Semiconductors, Maxim Integrated, ON Semiconductor, Microchip Technology Inc.
The Global Analog Semiconductor Market for Automotive Industry has been analyzed through following segments:
Europe Middle East and Africa
Key insights offered
What will be the Global Analog Semiconductor Market for Automotive Industry size from 2019 to 2024?
How are the major drivers and restraints affecting the Global Analog Semiconductor Market for Automotive Industry growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.