The Global Automotive Semiconductor Market Is Expected to Reach $45.9 Billion by 2022
According to a new market report published by Lucintel, the future of the global automotive semiconductor market looks good with opportunities in the passenger car and commercial vehicle segments. The global automotive semiconductor market is expected to reach an estimated $45.9 billion by 2022 and it is forecast to grow at a CAGR of 6.4% from 2017 to 2022. The major drivers of growth for this market are increasing vehicle production, increasing semiconductor content per vehicle, growing demand for advanced...
View full press release