Automotive Semiconductor Market Expansion 2022–2032 Driven by ICE and Electric Vehicle Adoption
According to a new report published by Allied Market Research, titled, “Automotive Semiconductor Market Share," The automotive semiconductor market was valued at $59.7 billion in 2022, and is estimated to reach $153.9 billion by 2032, growing at a CAGR of 10.1% from 2023 to 2032.
Asia-Pacific currently dominated the automotive semiconductor market in 2022. The countries analyzed...