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Global Automotive IC Market 2017-2021

Automotive IC Sector: Worldwide Forecast until 2021

  • December 2017
  • 76 pages
  • ID: 5256520
In this report:
The global automotive IC market is expected to grow at a CAGR of ##.##% during 2016-2021, driven by the increased sales of vehicles.
In the last few years, battery density has doubled and is expected to double again in the next few years, thereby driving the sales of EVs. Growing concerns regarding air pollution, stringent carbon reduction targets by governments and companies, and individuals looking to reduce transportation cost are the other factors that are driving the interest in EV.

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About Automotive IC

IC is a set of electronic components and circuits on a semiconductor material normally silicon. These integrations of big numbers of transistors into small chip results into an order of magnitude shorter, cheaper, and faster as compared to discrete electronic components. ICs are defined by the size of individual component and the density of each component. The feature size for IC invokes to the smallest dimension in the device. Ideally, ICs will have dimensions of tens of nm. The industry demand for ICs in automotive is growing owing to the increasing concern of safety and governments regulations. The automotive IC suppliers face opportunities such as high voltage capability, protection against brief circuit, unfavorable temperature, good electromagnetic capability.

The experts estimate the worldwide automotive IC market to increase at a compound annual Growth rate of ~6.6 percent between 2017 and 2021.

What is the scope of this report?

The study describes the ongoing situation and its growth expectations of the global automotive IC sector for 2017-2021. To calculate the market value, the industry report considers the RSP (retail selling price) as the average selling price of the product.

The sector is segmented into the specified segments established on area:

• Americas

• Asia-Pac

• Europe, Middle East and Africa (EMEA)

The market study, World-wide Automotive IC Sector 2017-2021, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises conversations with top vendors operating in this segment.

• For a full, in-depth list, view our market report

What are the ongoing market challenges?

• Complexity in automotive IC design

• For a full, exhaustive list, view our market report

How is the market going?

• Emergence of IoT

• For a full, in-depth list, view our market report

What are the main questions answered in this report?

• What will both market value and growth rate be in 2021?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main vendors in this market environment?

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