Auto Chip Market Size and Growth
The global auto chip market is expected to reach a value of $40.31 billion by 2026, driven by the increasing demand for advanced driver assistance systems and connected cars. The market research reports highlight market conditions and trends, including the growing adoption of electric vehicles and the rise in autonomous driving technology.
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Companies Covered (Covid 19 Impact Covered)
◍ NXP Semiconductors
◍ Infineon Technologies
◍ Renesas Electronics
◍ STMicroelectronics
◍ Texas Instruments Incorporated
◍ Robert Bosch GmbH
◍ ON Semiconductor
Competitive Landscape: NXP Semiconductors, Infineon Technologies, Renesas Electronics, STMicroelectronics, Texas Instruments Inc., Robert Bosch GmbH, ON Semiconductor dominate the auto chip market. These companies provide technological solutions for automotive applications like ADAS, infotainment systems, and autonomous driving, thereby driving market growth.
Company Overview:
- NXP Semiconductors: $8.61B
- Infineon Technologies: $10.10B
- Renesas Electronics: $8.43B
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