The automotive semiconductor market generated revenues worth $41 billion in 2018 and will fall by -3.6% in 2019 due to decrease in car production, macroeconomic factors and supply chain rationalization. Semiconductor revenue increases again in 2020 and will continue growing through 2025 resulting in a CAGR of 8% in the next six years. Semiconductor revenue in 2025 will be almost $70 billion.
The automotive semiconductor market generated revenues worth $41 billion in 2018 and will fall by -3.6% in 2019 due to decrease in car production, macroeconomic factors and supply chain rationalization. Semiconductor revenue increases again in 2020 and will continue growing through 2025 resulting in a CAGR of 8% in the next six years. Semiconductor revenue in 2025 will be almost $70 billion.