Automotive Chip Market is expected to grow at a compound annual...

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2026-02-12 06:02:21 -

Automotive Chip Market is expected to grow at a compound annual growth rate of 11.1% through 2033

The Global Automotive Chip Market is projected to reach USD 59.3 billion in 2024 and is expected to grow at a compound annual growth rate of 11.1% through 2033, ultimately reaching USD 153.0 billion. This substantial expansion reflects the rapid digital transformation of the automotive industry, where vehicles are evolving into highly connected, software-defined machines. From electric...

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