Automotive Semiconductor Market Tracker - June 2020

Automotive Semiconductor Market Tracker - June 2020

Publication Date: 25/06/2020

The automotive semiconductor market generated revenues were 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 by -20% 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 a quarterly basis because of the current volatility of the market.

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