Automotive Chip Market Size, Share 2024

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Report Overview:

 Automotive chips are utilized for the observing and controlling of different capacities in a vehicle. Such chips utilize calculations to explain different assignments and makes the driving background significantly less demanding for the driver. There are five distinctive kind of car chips or incorporated circuits (ICs, for example, general and extraordinary reason rationale ICs, microcontrollers, DRAM, simple ICs and blaze. Universally useful rationale ICs bolster PC fields and data gear, where there is a requirement for superior with different power supply voltage, abilities and capacities.

 This report aims to provide a comprehensive presentation of the global market for Automotive Chip, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Chip. This report contains market size and forecasts of Automotive Chip in global, including the following market information:

Market Value:

 The global Automotive Chip market was valued at US$ 26040 million in 2023 and is projected to reach US$ 37530 million by 2030, at a CAGR of 5.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

CAGR of 5.4%

(2024 – 2030)

By Types:

• Logic ICs

• Analog ICs

• Microcontrollers & Microprocessors

• Memory

By Applications:

Chassis
Powertrain
Safety
Telematics & Infotainment

Key players include:

• NXP

Semiconductors

Infineon Technologies

Renesas Electronics

STMicroelectronics

Texas Instruments Incorporated

Robert Bosch GmbH

ON Semiconductor

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