According to Markntel Advisors Report, Automotive Chipset Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Automotive chipsets are specialized integrated circuits designed for vehicle applications to provide essential functionalities like control, processing, and connectivity for systems such as infotainment and Advanced Driver-Assistance Systems (ADAS). These chipsets are engineered to meet the rigorous reliability and performance requirements of automotive environments and ensure safe & efficient operation in vehicles.
Global Automotive Chipset Market Research Report & Summary:
The Global Automotive Chipset Market size is estimated to grow at a CAGR of around 12.5% during the forecast period, i.e., 2024-30.
Time Period Captured in the Report:
· Historical Years: 2019-22
· Base Years: 2023
· Forecast Years: 2024-30
Who are the Key Players Operating in the Automotive Chipset Market?
The top companies of the Automotive Chipset Market ruling the industry are:
NXP Semiconductors, Analog Devices, Inc., Renesas Electronics Corporation, Toshiba Corporation, Robert Bosch GmbH, ROHM Co., Ltd., Infineon Technologies AG, Texas Instruments Incorporated, STMicroelectronics, Samsung Electronics, NVIDIA Corporation, Intel Corporation, Qualcomm Technologies, Inc., Microchip Technology, Inc., SK Hynix Inc., and among others
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What is Included in Automotive Chipset Market Segmentation?
The Automotive Chipset Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
-By Chip Type
-Analog ICs- Market Size & Forecast 2019-2030F, USD Million
-Logic ICs- Market Size & Forecast 2019-2030F, USD Million
-Microcontrollers & Microprocessors- Market Size & Forecast 2019-2030F, USD Million
-Others (Memory ICs, Interface ICs, etc.)- Market Size & Forecast 2019-2030F, USD Million
-By Vehicle Type
-Passenger Vehicles- Market Size & Forecast 2019-2030F, USD Million
-Commercial Vehicles- Market Size & Forecast 2019-2030F, USD Million
-Light Commercial Vehicles- Market Size & Forecast 2019-2030F, USD Million
-Medium & Heavy Commercial Vehicles- Market Size & Forecast 2019-2030F, USD Million
-By Propulsion
-ICE- Market Size & Forecast 2019-2030F, USD Million
-Electric or Hybrid Vehicles- Market Size & Forecast 2019-2030F, USD Million
-By Application
-Safety System- Market Size & Forecast 2019-2030F, USD Million
-Body Electronics- Market Size & Forecast 2019-2030F, USD Million
-Chassis- Market Size & Forecast 2019-2030F, USD Million
-Telematics & Infotainment- Market Size & Forecast 2019-2030F, USD Million
-Powertrain- Market Size & Forecast 2019-2030F, USD Million
-Others (Advance Driver Assistance System (ADAS), Autonomous Driving, etc.) - Market Size & Forecast 2019-2030F, USD Million
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Explore the Complete Automotive Chipset Market Analysis Report – https://www.marknteladvisors.com/research-library/automotive-chipset-market.html
Global Automotive Chipset Market Driver:
Rapid Expansion of Automotive Chips in Response to Vehicle Electrification & Intelligence – The rapid expansion of automotive chips is closely related to the increasing use of electric vehicles. As automobiles advance into the smart era, automotive chips are becoming fundamental to this transition. They serve as the backbone of the technological revolution in vehicles, particularly within smart terminals, which act as central control centers for these innovations. Various chips, including primary control, power, memory, communication, and interface chips, are experiencing swift development to meet the growing demands of electric vehicles.
Moreover, the ongoing refinement of autonomous driving technology is further fueling the expansion of automotive chips, requiring a significantly higher number of different chip types, compared to traditional automobiles. Moreover, as manufacturing facilities are being built & expanded in the US, American companies are still reliant on manufacturers in Asia for high-quality and economical chipsets for vehicle..
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