Automotive Semiconductor Market Tracker - May 2020 Database

The automotive semiconductor market generated revenues worth $41.8 billion in 2018 and fell by -1.6% in 2019 due to decrease in car production, macroeconomic factors and supply chain rationalization. Semiconductor revenue is poised to decrease further in 2020 owing to the outbreak of Corona virus and overall macroeconomic factors which will have a knock-on effect on the overall automotive supply chain. It will continue to grow at a CAGR of 6% in the next seven years till 2026, when revenue will exceed $63 billion.

*The publication of this database is now on monthly basis instead of quarterly basis because of the current volatility of the market.