Automotive Semiconductor Market: Deep Dive into Electrification,...

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2025-07-25 07:46:58 -

Automotive Semiconductor Market: Deep Dive into Electrification, ADAS, and Connected Vehicle Technologies

The global automotive semiconductor market was valued at USD 43.26 billion in 2022 and is expected to reach USD 77.76 billion by 2030, demonstrating a Compound Annual Growth Rate (CAGR) of 8.1% from 2023 to 2030. This growth is primarily fueled by the increasing integration of electronic components in vehicles, from luxury to mass-produced models, the rising adoption of Electronic...

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