Market Research Report
Europe Automotive Semiconductor Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||553394|
|Published||Content info||110 Pages
Delivery time: 2-3 business days
|Europe Automotive Semiconductor Market Forecast 2019-2027|
|Published: May 20, 2019||Content info: 110 Pages||
The Europe automotive semiconductor market is poised to grow at a CAGR of 6.05%, over the forecast period of 2019-2027, increasing its net worth from $XX million in 2018 to $XX million by 2027.
The increasing safety and security needs, high production volumes of automobiles, growing trend of vehicle electrification and an increasing demand for safety, convenience, and comfort systems are some of the key drivers propelling the market ahead. The Europe automotive semiconductor market segments include the components, fuel types, and vehicle types. Although the prospects look goods, factors such as the possible hacking and tampering of control units and software, maintenance of balance between cost and quality of the product and continuous depreciation of oil prices are proving to be challenging for the market.
Analog Devices, Inc., STMicroelectronics N.V., Robert Bosch, Melexis N.V., Infineon Technologies AG, Sensata Technologies Holding N.V., Renesas Electronics Corporation, Toshiba Corporation, Texas Instruments Incorporated, ON Semiconductor Corporation, Rohm Co., Ltd., NXP Semiconductors N.V., and others are some of the well-known players in the market which are thoroughly profiled in the report.