AutoTechInsight
Automotive Semiconductor Market Tracker - Q4 2019 Database
The automotive semiconductor market generated revenues worth $41 billion in 2018 and fell by -3% in 2019 due to decrease in car production, macroeconomic factors and supply chain rationalization. Semiconductor revenue is poised to increase again in 2020 owing to the growth of electronic content in cars, but at the same time faces an uncertain year ahead given the outbreak of Coronavirus in China, supply chain rationalisation and overall macroeconomic factors. It will continue to grow at a CAGR of 6.4% in the next six years till 2025, when revenue will be almost $64 billion.
The automotive semiconductor market generated revenues worth $41 billion in 2018 and fell by -3% in 2019 due to decrease in car production, macroeconomic factors and supply chain rationalization. Semiconductor revenue is poised to increase again in 2020 owing to the growth of electronic content in cars, but at the same time faces an uncertain year ahead given the outbreak of Coronavirus in China, supply chain rationalisation and overall macroeconomic factors. It will continue to grow at a CAGR of 6.4% in the next six years till 2025, when revenue will be almost $64 billion.
