AutoTechInsight
Automotive semiconductor market tracker – December 2024
S&P Global's latest automotive semiconductor tracker maintains a slight revenue growth forecast of +1.6% for 2024 but reduces the 2025 outlook from 15% to +8%, primarily due to a downturn in Europe leading to a projected -0.4% contraction in Light Vehicle production, alongside uncertainties from the US election results regarding tariffs and emission targets. Additionally, the adjustment of excess chip inventories is expected to take longer, potentially extending until Q3 2025 and impacting 6% of 2025 chip demand. While a 4% price erosion is anticipated across most chip categories, no significant collapse in prices is expected. The long-term outlook remains positive, driven by advancements in Advanced Driver-Assistance Systems (ADAS) and electrification.
The automotive semiconductor market tracker Database analyzes the automotive semiconductor market for light passenger vehicles. It provides:
- Global shipment forecast for semiconductor including Analog, Discrete, Logic, Microcontroller, Memory, Optical and Sensors
- Revenue forecast for semiconductor including Analog, Discrete, Logic, Microcontroller, Memory, Optical and Sensors automotive electronics by domain and application (sub-domains)
Key issues addressed:
- How big is the automotive electronics semiconductor market, and how fast will it grow in the next six years?
- Trend analysis of semiconductor adoption on the automotive electronics system by shipments and revenue.
