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Automotive Chip Market 2025 Report by Overview, Growth, Economics, Demand

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Rahul Sharma
Automotive Chip Market 2025 Report by Overview, Growth, Economics, Demand

The global Automotive Chip Market is anticipated to value USD 56.24 billion until 2025. It is also expected to register a CAGR of 10.7% over the forecasted years, 2017 to 2025. Increasing demand for infotainment, navigation, and lighting systems among luxury vehicles for enhancing driver and passenger experience is projected to drive the market growth for automotive chips.

 

Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-automotive-chip-market/request-sample

 

Market Synopsis of Automotive Chip Market:

 

The passenger vehicle type segment is anticipated to register the fastest growth over the forecasted period due to rising demand for luxury sedans and SUVs owing to its feature of enhanced passenger comfort. On the other hand, the commercial vehicles segment is also gaining traction due to the rising need to spend on mining, e-commerce, and infrastructure activities.

 

The Asia Pacific registered a significant share across the global automotive chip market in 2016 due to the surging number of key automotive manufacturers across China, Japan, and India. North America generated a revenue of USD 3.41 Billion on account of increasing demand for personal vehicles prevailing among the people residing in developed countries like the U.S. and Canada.

 

The market for the automotive chip includes key players such as Texas Instruments Incorporated, ON Semiconductor, Renesas Electronics, Infineon Technologies, and NXP Semiconductors. Huge investments are being undertaken by these players to develop innovative and technologically advanced products for gaining a competitive advantage and widening their global presence.

 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-automotive-chip-market

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Automotive Chip: Market Variables, Trends & Scope              

Chapter 4 Automotive Chip: Product Estimates & Trend Analysis

Chapter 5 Automotive Chip: Application Estimates & Trend Analysis

Chapter 6 Automotive Chip: End-use Estimates & Trend Analysis

Chapter 7 Automotive Chip: Industrial End-use Estimates & Trend Analysis

Chapter 8 Automotive Chip: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Automotive Chip: Manufacturers Company Profiles

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