Asia-Pacific Automotive Semiconductor Market Forecast 2017-2025

Asia-Pacific Automotive Semiconductor Market Forecast 2017-2025

  • September 2017 •
  • 69 pages •
  • Report ID: 5094300 •
  • Format: PDF
KEY FINDINGS
The Asia-Pacific automotive semiconductor market is expected to hold the biggest share of the global market by rising at a CAGR of 6.43% and generating $23771 million by the end of the forecast period of 2017-2025.

MARKET INSIGHTS
The flourishing Chinese market is a major factor responsible for the prosperity of this region. Also, the developing economies of this region are implementing policies that are highly conducive for the global automobile manufacturers who are contemplating to shift their manufacturing units in this region. The market in this region is segmented according to the vehicle types, component, and fuel types. However, the rising costs of the vehicles might act as a restraining factor for the market.

COMPETITIVE INSIGHTS
The noted players in the market include Toshiba technologies, Sensata Technologies Holding N.V, STMicroelectronics N.V, Infineon Technologies Ag, ON Semiconductor Corporation, NXP Semiconductors N.V, and others.