Automotive Chips Market Increasing Demand, Growth Analysis and Future Outlook by 2031

The global automotive chips market is anticipated to grow at a significant CAGR of 14.9% during the forecast period. This Automotive Chips Market research report focuses more on a number of distinctive as well as foremost market sectors. It further focuses market segmentation. Industry-specific interviews are carried out with market players to foresee future business growth. Various facets of the industry are also depicted here under each industry sector. Future development visions and a wide range of subjects are covered in this Automotive Chips Market study report. All this crucial data greatly assists key players to establish their presence in the competitive market. It verifies and revalidates the knowledge provided in this global Market report. It also allows several organizations to learn more about a range of opportunities already available in the market and makes aware to firms about upcoming opportunities too. It ensures several firms to attain a long-standing business success by capturing all of the latest updates about market growth. Most important participants are able to employ such report as a great resource to attain a competitive advantage over the cut-throat market.

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The use of the latest automotive chips for Vehicle-to-everything (V2X) communication and infotainment systems further enhance the connectivity of the vehicles and the user experience, which in turn promotes market growth as manufacturers such as Bosch adopt intelligent platforms that enable real-time data exchange, ADAS, and seamless in-car entertainment. For instance, in January 2024, Bosch introduced a new vehicle computer platform at CES, uniting driver assistance and infotainment functions. A system on a chip, it has integrated a powerful processor that can indeed support intelligent parking, detection of lanes, intelligent navigation, and voice assistants.

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• Market Coverage


• Market number available for – 2025-2031


• Base year- 2025


• Forecast period- 2025-2031


• Segment Covered- By Source, By Product Type, By Applications


• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill


• , and others

Global Automotive Chips Market Report Segment

By Product Type

• Logic ICs


• Analog ICs


• Microcontrollers & Microprocessors

By Application

• Chassis


• Powertrain


• Safety


• Telematics & Infotainment


• Body Electronics

By Vehicle Type

• Passenger Vehicles


• Commercial vehicles

Global Automotive Chips Market Report Segment by Region

North America

• US


• copyright

Europe

• UK


• Germany


• Italy


• Spain


• France


• Rest of Europe

Asia-Pacific

• China


• India


• Japan


• South Korea


• Rest of Asia-Pacific

Rest of the World

• Latin America


• Middle East & Africa

The Report Covers

• Annualized market revenues ($ million) for each market segment.


• Country-wise analysis of major geographical regions.


• Key companies operating in the global automotive chips market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.


• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.


• Analysis of market-entry and market expansion strategies.


• Competitive strategies by identifying ‘who-stands-where’ in the market.

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