#automotive semiconductor market
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rohitpalan · 7 months ago
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Driving Growth: Automotive Semiconductor Market Set to Reach $115.6 Billion by 2033
The demand for automotive semiconductor market is predicted to grow at a consistent growth rate of 7%. It is projected that the worldwide automotive semiconductor market is likely to be worth approximately US$ 58,770.1 million in the year 2023 and is expected to increase to a value of US$ 115,609.68 million by the year 2033.
Innovations in the automotive sector are proceeding at a breakneck pace.
When an error occurs in the vehicle, such as with the accelerator, the anti-lock brake interface, or the lights, a semiconductor is used to control the fail-safe system, manage the electrical control unit’s functions, and implement automotive fault tolerant systems, which alert the microcontrollers and safety systems installed in all vehicles. By way of illustration, consider the situation in which a vehicle loses traction on icy roads; this would call attention to the system’s ability to tolerate and recover from failure.
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When the driver applies the brakes, the anti-lock braking system is activated because the sensors and semiconductor devices have detected an incident. As a result, semiconductors play a crucial role in the automotive sector, and the industry’s rapid expansion is anticipated to boost the automotive semiconductor market’s growth over the forecast period.
Demand for improved vehicle safety features continues to rise.
As the number of traffic accidents grows, so does the need for safety features like parking aids, collision avoidance systems, lane departure warnings, traction control, electronic stability control, tire pressure monitors, airbags, and telematics. Numerous ADAS technologies rely heavily on automotive semiconductors, which improve the systems’ functionality and enable them to detect and classify objects in the path of the vehicle, alerting the driver to changes in the environment and the state of the road as necessary.
Furthermore, these systems can use semiconductors and associated components to automatically apply the brakes or bring the vehicle to a stop, depending on the road conditions. In recent years, there has been a dramatic rise in the number of people losing their lives in traffic accidents, making it one of the leading causes of death worldwide.
According to a 2021 report by the World Health Organization, for instance, nearly 1.3 million people worldwide lose their lives in traffic-related incidents annually. Teenagers also have a higher rate of fatal road traffic injuries. Due to these causes, there has been an uptick in interest in car safety features. Businesses in the auto industry are working to address consumers’ concerns by designing and releasing new products with enhanced safety functions. For instance, HELLA (a company that makes advanced lighting and electronics components) is expected to begin mass producing their newest 77 GHz radar system soon.
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Key Takeaways
The automotive semiconductor market is expected to experience significant growth in the coming years due to increased demand for electric and hybrid vehicles.
Advancements in ADAS technology are driving the demand for semiconductors that enable these features.
The development of autonomous vehicles is driving the need for more advanced semiconductor technology, such as LiDAR, radar, and camera systems.
The rise of connected car technology is driving demand for advanced semiconductor components that can support features like telematics, infotainment, and vehicle-to-vehicle communication.
The adoption of Industry 4.0 technology is driving demand for more advanced semiconductor technology that can support IoT and AI systems.
The United States is currently the largest market for automotive semiconductors due to its robust automotive industry and investment in emerging technologies.
The Asia-Pacific region is expected to experience significant growth in the automotive semiconductor market due to its growing automotive industry and increasing demand for electric and hybrid vehicles.
Competitive Landscape
The competitive landscape in the automotive semiconductor market is highly fragmented and characterized by intense competition among key players. There are several global players, including NXP Semiconductors N.V., Infineon Technologies AG, and Texas Instruments Incorporated, who are investing heavily in research and development to improve the performance and functionality of their semiconductor products. These companies are also expanding their product portfolios through strategic partnerships, mergers and acquisitions, and collaborations with other companies in the value chain.
The automotive semiconductor market is seeing increased competition from new entrants and startups that are developing innovative semiconductor products to cater to the evolving needs of the automotive industry. These companies are leveraging emerging technologies like IoT, AI, and cloud computing to develop cutting-edge semiconductor solutions that enhance the functionality and performance of automobiles.
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Key Segments
Automotive Semiconductor Market by Component:
Micro Components (Processors)
Memory Devices
Logic
Optical & Sensors
Analog ICs
Discrete Devices
Automotive Semiconductor Market by Vehicle Type:
Automotive Semiconductors for Passenger Vehicles
Automotive Semiconductors for Light Commercial Vehicles
Automotive Semiconductors for Heavy Commercial Vehicles
Automotive Semiconductor Market by Application:
Body
Safety
Telematics & Infotainment
Power Trains
Chassis
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sumitthakur09210 · 1 year ago
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geethasingh · 1 year ago
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gorepoonam · 1 year ago
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Automotive Semiconductor Market Size, Trends, Share, Opportunities, Revenue
Global Automotive Semiconductor Market research report 2022 offers in-depth assessment of revenue analysis by Future Growth, Top Players, Size, Share, Opportunities, Revenue and Growth Rate Through 2029 Evaluation is provided for global markets, including development trends, competitive landscape evaluation, and key region's development standing. Moreover, this report also helps you to understand factors driving or inhibiting the market growth along with each submarket with respect to individual growth trend and their contribution to the market
Automotive Semiconductor Market Regional Analysis:
This study provides an overview of the Global Automotive Semiconductor Market, tracking five market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Automotive Semiconductor Market by its Type, Applications, End User and Region.
Competitive Analysis:
The Automotive Semiconductor Market report examines competitive scenario by analysing key players in the market. The company profiling of leading market players is included this report with Porter's five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
Key Offerings: • Market Size & Forecast by Revenue | 2029 • Market Dynamics - Leading trends, growth drivers, restraints, and investment opportunities • Market Segmentation - A detailed analysis by product, types, end-user, applications, segments, and geography • Competitive Landscape - Top key vendors and other prominent vendors.
Key Manufacturers Covered in This Report:
Major players operating in the global automotive heated steering wheel market include ZF Friedrichshafen AG, Bombardier Recreational Products Inc., SYMTEC, EMDET Groups, Whelio, Toyoda Gosei Co., Ltd., Autoliv Inc., GENTHERM, Takata Corporation, Ningbo Joyson Electronics Co. Ltd.,, I.G. Bauerhin GmbH, and Polaris Inc. among others.
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imirlokesh · 2 years ago
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Automotive Semiconductor Market by Component (Processor, Analog IC, Discrete power device, Sensor), Vehicle Type (Passenger Car, LCV, HCV), Fuel Type (Gasoline, Diesel, EV/HEV), Application (Powertrain, Safety, Chassis) - Global Forecast to 2027
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apieinvestavimapaprastai · 13 days ago
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STMicroelectronics N.V. Stock Price Forecast: Is It the Right Time to Invest?
Explore the stock price forecasts, and investment insights for STMicroelectronics N.V. Discover why this semiconductor giant offers #STMicroelectronics #STM #dividendyield #investment #stockmarket #stockpriceforecast #stockgrowth #dividendstock #NyseSTM
STMicroelectronics N.V. is one of the world’s largest semiconductor companies. They design, develop, manufacture, and sell semiconductor products. The company operates through three main segments: Automotive and Discrete Group, Analog, MEMS and Sensors Group, and Microcontrollers and Digital ICs Group. They have over 50,000 employees, with more than 9,500 in R&D, and 14 main manufacturing sites…
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tritonmarketresearchamey · 4 months ago
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Automotive Semiconductor Market: 2024-2032 Global Trend Analysis
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According to Triton’s research report, the Global Automotive Semiconductor Market report is categorized by Type of Vehicle (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs)), Type of Fuel (Gasoline, Diesel, Electric/Hybrid), Application (Advanced Driver Assistance Systems, Body Electronics, Infotainment, Powertrain, Safety Systems), Component (Processors, Analog ICs, Discrete Power Devices, Sensors [LED, Image Sensor, Position Sensor, Temperature Sensor, Pressure Sensor, Other Sensors], Memory Devices [Dram, Flash], Lighting Devices), and Regional (Latin America, North America, Europe, Asia-Pacific, Middle East and Africa)
The report highlights the Market Summary, Industry Outlook, Impact Analysis, Porter’s Five Forces Analysis, Market Attractiveness Index, Regulatory Framework, Key Buying Impact Analysis, Supply Chain Analysis, Key Market Strategies, Market Drivers, Challenge, Opportunities, Analyst Perspective, Competitive Landscape, Research Methodology, and Scope. It also provides Global Market Size Forecasts & Analysis (2024-2032).
Triton Market Research forecasts that the global automotive semiconductor market will expand at a compound annual growth rate of 8.74% from 2024 to 2032.
A semiconductor is a material, often made of silicon, that conducts electricity better than an insulator like glass. They are integral to countless devices, including computers, smartphones, appliances, gaming systems, and medical equipment.
The rising use of gallium nitride (GaN) and SiC power semiconductors, increasing emphasis on automotive cybersecurity solutions, and shift towards neural network accelerators and AI processors create opportunities for the automotive semiconductor market. Advanced materials like GaN and SiC offer superior efficiency, higher thermal conductivity, and greater power density compared to traditional silicon-based semiconductors. As the automotive industry increasingly shifts towards electric vehicles (EVs) and advanced driver-assistance systems (ADAS), the demand for more efficient and reliable power electronics has surged. These semiconductors enable faster-switching speeds and reduced energy losses, which are crucial for the performance and range of EVs.
However, the automotive semiconductor market faces challenges such as stringent automotive safety and quality standards, supply chain disruptions, and high development expenses.
Global, the Asia-Pacific region is estimated to witness the fastest growth over the forecast period. Key factors contributing to this growth include the rising demand for electric vehicles (EVs), the implementation of stringent emission regulations, and the growing integration of safety and infotainment systems. Countries like China, Japan, and South Korea are at the forefront, with substantial investments in semiconductor manufacturing and innovation. Additionally, the shift towards autonomous driving and connected cars is further propelling the demand for high-performance semiconductors.
The key companies offering solutions in the automotive semiconductor market are Analog Devices Inc, Microchip Technology Incorporated, NXP Semiconductors NV, Renesas Electronics Corporation, Infineon Technologies AG, Robert Bosch GmbH, Samsung Electronics Co Ltd, Intel Corporation, ON Semiconductor Corporation, STMicroelectronics NV, Micron Technology Inc, Toshiba Corporation, Qualcomm Incorporated, Rohm Co Ltd, and Texas Instruments Incorporated.
Semiconductor providers in the automotive sector must adhere to various regulatory standards. Automotive System-on-Chips (SoCs) must meet three key criteria: quality, reliability, and functional safety. Functional safety involves compliance with ISO 26262, which includes safety goals, SoC architecture, safety verification, and FMEDA analysis. These regulations prioritize public safety and security, and major industry players are obliged to comply, significantly impacting the industry.
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Automotive Semiconductor Chip Market 2023 Snapshot Trends, Outlook, and Analysis
In the ever-evolving landscape of automotive technology, semiconductor chips are the unsung heroes powering the vehicles of tomorrow. From enabling advanced driver assistance systems (ADAS) to revolutionizing in-car entertainment and connectivity, these tiny silicon marvels play a pivotal role in shaping the future of mobility. Join us as we take a closer look at the dynamic Automotive Semiconductor Chip Market and explore its transformative impact on the automotive industry.
The Engine of Innovation:
Automotive semiconductor chips serve as the digital brains behind modern vehicles, facilitating a wide range of functionalities critical for safety, performance, and comfort. From microcontrollers and sensors to power management ICs and memory chips, these semiconductor components form the foundation of automotive electronics, enabling innovations such as autonomous driving, electrification, and vehicle-to-everything (V2X) communication.
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Revolutionizing Mobility with Advanced Technologies:
The Automotive Semiconductor Chip Market is witnessing a seismic shift driven by advancements in technology and evolving consumer preferences. Manufacturers are investing heavily in R&D to develop next-generation semiconductor solutions tailored to meet the demands of connected, autonomous, and electric vehicles. Moreover, the integration of artificial intelligence (AI) and machine learning algorithms is enabling predictive maintenance, real-time diagnostics, and personalized driving experiences, transforming the way we interact with vehicles.
Navigating Market Dynamics:
The Automotive Semiconductor Chip Market is characterized by rapid innovation, intense competition, and complex supply chain dynamics. Factors such as increasing vehicle electrification, rising demand for safety and infotainment features, and stringent emission regulations are driving demand for semiconductor chips in the automotive sector. Moreover, the proliferation of electric vehicles (EVs) and the emergence of new players in the mobility ecosystem are reshaping the competitive landscape and fueling collaboration and partnerships across the value chain.
Challenges and Opportunities:
Despite the promising growth prospects, the Automotive Semiconductor Chip Market faces challenges such as semiconductor shortages, supply chain disruptions, and increasing complexity of automotive electronics. Moreover, ensuring the reliability, safety, and security of semiconductor chips in connected and autonomous vehicles remains a top priority for manufacturers and regulators alike. However, these challenges also present opportunities for innovation, collaboration, and diversification, driving the development of resilient and sustainable semiconductor solutions for the automotive industry.
Driving Towards a Connected Future:
As we embark on the journey towards a connected and autonomous future, semiconductor chips will continue to play a central role in shaping the automotive industry. By harnessing the power of innovation and collaboration, we can unlock new possibilities in mobility, enhance safety and efficiency, and create a more sustainable and inclusive transportation ecosystem. Moreover, as semiconductor technology continues to evolve, it has the potential to revolutionize not only how we drive but also how we live, work, and interact with the world around us.
In conclusion, the Automotive Semiconductor Chip Market represents a driving force of innovation and progress in the automotive industry. As we navigate the road ahead, let us embrace the opportunities presented by semiconductor technology to create a safer, smarter, and more connected future of mobility for generations to come.
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electronalytics · 2 years ago
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Silicon Microphone Integrated Circuits (ICs) Market Overview and Regional Outlook Study 2017 – 2032
The Silicon Microphone Integrated Circuits (ICs) Market refers to the market for integrated circuits that are specifically designed for use in silicon-based microphones. Silicon microphones are a type of microphone that utilizes silicon-based materials and technology to convert sound waves into electrical signals.
Silicon microphone ICs are designed to provide amplification, filtering, and signal processing functionalities for silicon microphones. These ICs play a crucial role in enhancing the performance and capabilities of silicon microphones, making them suitable for various applications such as smartphones, tablets, laptops, smart speakers, automotive systems, and other consumer electronics devices.
The market for silicon microphone ICs has been witnessing significant growth in recent years, driven by the increasing demand for high-quality audio solutions in various electronic devices. The advancements in semiconductor technology and the miniaturization of components have led to the development of smaller, more efficient, and cost-effective silicon microphone ICs.
Some key factors driving the growth of the silicon microphone ICs market include:
Rising demand for voice-controlled devices: The increasing popularity of voice assistants and voice-controlled devices like smart speakers, virtual assistants, and voice-activated home automation systems has created a strong demand for silicon microphones and their associated ICs.
Growing adoption of smartphones and wearable devices: The proliferation of smartphones and wearable devices has resulted in a higher demand for compact and high-performance silicon microphones integrated with ICs, as they are essential components for voice recording and voice communication applications.
Advancements in MEMS technology: Microelectromechanical Systems (MEMS) technology has played a crucial role in the development of silicon microphones and their associated ICs. MEMS-based silicon microphones offer advantages such as small size, low power consumption, high sensitivity, and improved noise cancellation, driving their adoption in various consumer electronics applications.
Increasing demand for high-fidelity audio: With the growing emphasis on high-quality audio experiences, there is a rising demand for silicon microphones and ICs that can provide better audio capture, noise cancellation, and signal processing capabilities. This trend is particularly evident in applications such as professional recording, broadcasting, and conferencing systems.
Overall, the silicon microphone ICs market is expected to continue its growth trajectory in the coming years, driven by the increasing demand for voice-controlled devices, smartphones, wearables, and high-quality audio solutions.
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Market Segmentations: Global Silicon Microphone Integrated Circuits (ICs) Market: By Company • Knowles • Infineon • Omron • NRJC • NeoMEMS Global Silicon Microphone Integrated Circuits (ICs) Market: By Type • General purpose ICs • Application-specific ICs Global Silicon Microphone Integrated Circuits (ICs) Market: By Application • Consumer Electronics • IT & Telecommunications • Automotive • Medical & Healthcare Global Silicon Microphone Integrated Circuits (ICs) Market: Regional Analysis All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Silicon Microphone Integrated Circuits (ICs) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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#Silicon Microphone Integrated Circuits (ICs) Market Overview and Regional Outlook Study 2017 – 2032#The Silicon Microphone Integrated Circuits (ICs) Market refers to the market for integrated circuits that are specifically designed for use#Silicon microphone ICs are designed to provide amplification#filtering#and signal processing functionalities for silicon microphones. These ICs play a crucial role in enhancing the performance and capabilities#making them suitable for various applications such as smartphones#tablets#laptops#smart speakers#automotive systems#and other consumer electronics devices.#The market for silicon microphone ICs has been witnessing significant growth in recent years#driven by the increasing demand for high-quality audio solutions in various electronic devices. The advancements in semiconductor technolog#more efficient#and cost-effective silicon microphone ICs.#Some key factors driving the growth of the silicon microphone ICs market include:#1.#Rising demand for voice-controlled devices: The increasing popularity of voice assistants and voice-controlled devices like smart speakers#virtual assistants#and voice-activated home automation systems has created a strong demand for silicon microphones and their associated ICs.#2.#Growing adoption of smartphones and wearable devices: The proliferation of smartphones and wearable devices has resulted in a higher demand#as they are essential components for voice recording and voice communication applications.#3.#Advancements in MEMS technology: Microelectromechanical Systems (MEMS) technology has played a crucial role in the development of silicon m#low power consumption#high sensitivity#and improved noise cancellation#driving their adoption in various consumer electronics applications.#4.
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rohitpalan · 7 months ago
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Driving Growth: Automotive Semiconductor Market Set to Reach $115.6 Billion by 2033
The demand for automotive semiconductor market is predicted to grow at a consistent growth rate of 7%. It is projected that the worldwide automotive semiconductor market is likely to be worth approximately US$ 58,770.1 million in the year 2023 and is expected to increase to a value of US$ 115,609.68 million by the year 2033.
Innovations in the automotive sector are proceeding at a breakneck pace.
When an error occurs in the vehicle, such as with the accelerator, the anti-lock brake interface, or the lights, a semiconductor is used to control the fail-safe system, manage the electrical control unit’s functions, and implement automotive fault tolerant systems, which alert the microcontrollers and safety systems installed in all vehicles. By way of illustration, consider the situation in which a vehicle loses traction on icy roads; this would call attention to the system’s ability to tolerate and recover from failure.
To Get a Sample Copy of Report Visit https://www.futuremarketinsights.com/reports/sample/rep-gb-1730
When the driver applies the brakes, the anti-lock braking system is activated because the sensors and semiconductor devices have detected an incident. As a result, semiconductors play a crucial role in the automotive sector, and the industry’s rapid expansion is anticipated to boost the automotive semiconductor market’s growth over the forecast period.
Demand for improved vehicle safety features continues to rise.
As the number of traffic accidents grows, so does the need for safety features like parking aids, collision avoidance systems, lane departure warnings, traction control, electronic stability control, tire pressure monitors, airbags, and telematics. Numerous ADAS technologies rely heavily on automotive semiconductors, which improve the systems’ functionality and enable them to detect and classify objects in the path of the vehicle, alerting the driver to changes in the environment and the state of the road as necessary.
Furthermore, these systems can use semiconductors and associated components to automatically apply the brakes or bring the vehicle to a stop, depending on the road conditions. In recent years, there has been a dramatic rise in the number of people losing their lives in traffic accidents, making it one of the leading causes of death worldwide.
According to a 2021 report by the World Health Organization, for instance, nearly 1.3 million people worldwide lose their lives in traffic-related incidents annually. Teenagers also have a higher rate of fatal road traffic injuries. Due to these causes, there has been an uptick in interest in car safety features. Businesses in the auto industry are working to address consumers’ concerns by designing and releasing new products with enhanced safety functions. For instance, HELLA (a company that makes advanced lighting and electronics components) is expected to begin mass producing their newest 77 GHz radar system soon.
Ask an Analyst for More Details  https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-1730
Key Takeaways
The automotive semiconductor market is expected to experience significant growth in the coming years due to increased demand for electric and hybrid vehicles.
Advancements in ADAS technology are driving the demand for semiconductors that enable these features.
The development of autonomous vehicles is driving the need for more advanced semiconductor technology, such as LiDAR, radar, and camera systems.
The rise of connected car technology is driving demand for advanced semiconductor components that can support features like telematics, infotainment, and vehicle-to-vehicle communication.
The adoption of Industry 4.0 technology is driving demand for more advanced semiconductor technology that can support IoT and AI systems.
The United States is currently the largest market for automotive semiconductors due to its robust automotive industry and investment in emerging technologies.
The Asia-Pacific region is expected to experience significant growth in the automotive semiconductor market due to its growing automotive industry and increasing demand for electric and hybrid vehicles.
Competitive Landscape
The competitive landscape in the automotive semiconductor market is highly fragmented and characterized by intense competition among key players. There are several global players, including NXP Semiconductors N.V., Infineon Technologies AG, and Texas Instruments Incorporated, who are investing heavily in research and development to improve the performance and functionality of their semiconductor products. These companies are also expanding their product portfolios through strategic partnerships, mergers and acquisitions, and collaborations with other companies in the value chain.
The automotive semiconductor market is seeing increased competition from new entrants and startups that are developing innovative semiconductor products to cater to the evolving needs of the automotive industry. These companies are leveraging emerging technologies like IoT, AI, and cloud computing to develop cutting-edge semiconductor solutions that enhance the functionality and performance of automobiles.
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Key Segments
Automotive Semiconductor Market by Component:
Micro Components (Processors)
Memory Devices
Logic
Optical & Sensors
Analog ICs
Discrete Devices
Automotive Semiconductor Market by Vehicle Type:
Automotive Semiconductors for Passenger Vehicles
Automotive Semiconductors for Light Commercial Vehicles
Automotive Semiconductors for Heavy Commercial Vehicles
Automotive Semiconductor Market by Application:
Body
Safety
Telematics & Infotainment
Power Trains
Chassis
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shital1998 · 2 years ago
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Industrial Automation Sensors Market - Global Opportunity Analysis and Industry Forecast (2022-2029)
Meticulous Research®—a leading global market research company, published a research report titled, ‘Industrial Automation Sensors Market by Sensor Type (Level Sensors, Flow Sensors), Type (Contact Sensors, Non-contact Sensors), Mode of Automation, End User, and Geography—Global Forecasts to 2029.’
The industrial automation sensors market is expected to reach $22.59 billion by 2029 at a CAGR of 9.6% from 2022 to 2029. The growth of this market is attributed to the rising adoption of industry 4.0 and IIoT in manufacturing, the surging demand for smart sensor-enabled wearable devices, and the growing technological advancements in industrial sensors. Furthermore, the adoption of predictive maintenance and the increasing demand for smart sensors from automobile manufacturers to enable safety are expected to offer significant opportunities for the growth of this market.
However, the high installation cost of sensor networks is expected to hinder the growth of this market to a notable extent. Additionally, the precise performance requirements from upcoming advanced sensors pose a major challenge to the growth of this market.
The industrial automation sensors market is segmented based on sensor type, type, mode of automation, end user, and geography. The study also evaluates industry competitors and analyses the market at the country level.
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Scope of the Report :
Industrial Automation Sensors Market, by Sensor Type        
Level     Sensors
Temperature     Sensors
Flow     Sensors
Gas     Sensors
Position     Sensors
Pressure     Sensors
Force     Sensors
Humidity     & Moisture Sensors
Image     Sensors
Other     Sensors
Industrial Automation Sensors Market, by Type
Contact     Sensors
Non-contact     Sensors
Industrial Automation Sensors Market, by Mode of Automation
Semi-automatic     Systems
Fully-automatic     Systems
Industrial Automation Sensors Market, by End User
Oil     & Gas
Automotive
Food     & Beverage
Semiconductors     & Electronics
Chemicals     & Materials
Consumer     Goods
Mining     & Metals
Power
Pharmaceuticals     & Biotech
Machines     & Tools
Paper     & Pulp
Aerospace     & Defense
Other     End Users
Industrial Automation Sensors Market, by Geography           
 China
 Japan
 India
 South      Korea
 Singapore
 Rest      of Asia-Pacific (RoAPAC)
 Germany
 U.K.
 Italy
 Netherlands
 Sweden
 France
 Spain
 Taiwan
 Thailand
 Rest      Of Europe (RoE)
 U.S.
 Canada
 Brazil
 Mexico
 Rest      of Latin America (RoLATAM)
 South      Africa
 UAE
 Saudi      Arabia
 Rest      of the Middle East & Africa (RoMEA)
 Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.meticulousresearch.com/product/industrial-automation-sensors-market-5281
 Based on sensor type, the industrial automation sensors market is segmented into level sensors, temperature sensors, flow sensors, gas sensors, position sensors, pressure sensors, force sensors, humidity and moisture sensors, and image sensors. In 2022, the level sensors segment is expected to account for the largest share of the industrial automation sensors market. A level sensor is used to detect and measure the level of liquids, bulk solids, and other fluids. The level measurement is either continuous or in the form of point values. The large market share of this segment is attributed to various factors, such as the need for accuracy, appearance, and response rate, ease of calibration of instruments, size of the instrument, and monitoring and controlling of continuous or point level.
However, the gas sensor segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment is attributed to the ability to detect gas leakages in applications across manufacturing industries. Gas sensors monitor gas concentration and environmental information to guarantee production safety across sensitive areas of production facilities.
Based on type, the industrial automation sensors market is segmented into contact sensors and non-contact sensors. In 2022, the contact sensors segment is expected to account for the larger share of the industrial automation sensors market. The large share of this segment is attributed to the benefits provided by contact sensors, such as the monitoring of doors, windows, and other access points to promote security in industrial operations. Contact level sensors involve physical contact between the device (comprising contact type industrial sensor) and media. The technologies used in contact type level sensors are magnetoresistive, vibratory probe, hydrostatic, magnetic and mechanical float, pneumatic, rotating paddle, resistive chain, and weight and chain. The most common contact type sensors include temperature, pressure, force, and flow sensors.
However, the non-contact sensors segment is expected to grow at a higher CAGR during the forecast period. The growth of this segment is attributed to the various advantages offered by non-contact sensors over contact devices, such as spontaneity, reliability, longevity, and performance consistency. Multiple operations such as factory automation, process & control, manufacturing, engineering, and automation use non-contact sensors for a wide range of applications, driving the growth of this segment.
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 Based on mode of automation, the industrial automation sensors market is segmented into semi-automatic systems and fully-automatic systems. In 2022, the semi-automatic system segment is expected to account for the larger share of the industrial automation sensors market. Semi-automatic systems are widely adopted since they are beneficial for companies that emphasize improving their manufacturing process but cannot eliminate operator assistance. The components used in these systems benefit from automation sensors, but some aspects of the assembly are too difficult to automate fully and reliably. Manufacturing companies adopt semi-automatic machines to make significant process improvements while retaining the adaptability of an operator’s input for additional manual inspection.
However, the fully-automatic system segment is expected to grow at a higher CAGR during the forecast period. The increasing focus on maintaining hygiene and food safety and the need to boost production capabilities, minimize human interventions, and increase the ROI are expected to propel the demand for fully-automatic systems in the industrial automation sensors market.
Based on end user, the industrial automation sensors market is segmented into oil & gas, automotive, food & beverage, semiconductors & electronics, chemicals & materials, consumer goods, mining & metals, power, pharmaceuticals & biotech, machines & tools, paper & pulp, aerospace & defense, and other end users. In 2022, the oil & gas segment is expected to account for the largest share of the industrial automation sensors market. The large share of the segment is attributed to the implementation of automation sensor technologies to improve decision making, troubleshooting, and performance efficiency in oil & gas exploration activities. Some of the major areas highly influenced by automation sensors in the oil & gas sector include drilling operations, diagnostics & inspections, pipeline monitoring systems, weather monitoring systems, and pressure & flow systems. Drilling accounts for one of the major areas with automation due to its expensive process and high safety risks. Furthermore, companies are increasingly deploying automated pipeline monitoring systems due to the increasing number of pipeline thefts.
However, the automotive segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment is attributed to the increasing acceptance of IoT sensors in processing plants and manufacturing. In addition, the IoT-based industrial automation sensors allow manufacturers to enable the remote monitoring of plant sites, improve the safety of industrial assets and workers, and optimize operational efficiency. The integration of these industrial sensors in manufacturing services helps decrease maintenance costs by achieving early fault detection.
Based on geography, in 2022, Asia-Pacific is expected to account for the largest share of the industrial automation sensors market. The growth of this regional market is attributed to the growing industrial sector, increasing presence of SMEs in countries such as India, China, and Japan, the growing need for sensors in the pharmaceutical, manufacturing, and automobiles industries, rapid industrialization, growing electronics industry, growing automobile industry, rapid technological advances, the emergence of industry 4.0, and the increasing number of foreign investments.
Furthermore, the increase in manufacturing units, the presence of several semiconductor manufacturing units, favorable government initiatives, the automation of traditional manufacturing and industrial activities through modern smart technologies, and growth in the electronics and automobile industry drive the growth of this market in Asia-Pacific.
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However, North America is expected to record the highest CAGR during the forecast period. The high market growth in North America is driven by the increasing use of IoT devices & communication networks in the manufacturing and energy industries, the high demand for sensors in different end-use industries such as healthcare, textile, oil and gas, packaging, and automotive industries, the presence of strong automotive and electronic industries, high investments in technology, early adoption of advanced technologies, increasing investments by key players such as Rockwell Automation, Honeywell International Inc., and Omega Engineering to improve the accuracy and performance of industrial automation sensors, and a large number of technologically enhanced manufacturing facilities.
The key players operating in the industrial automation sensors market are Amphenol Corporation (U.S.), Honeywell International Inc. (U.S.), Infineon Technologies AG (Germany), NXP Semiconductors (Netherlands), Renesas Electronics Corporation (Japan), Rockwell Automation, Inc. (U.S.), Siemens AG (Germany), STMicroelectronics International N.V. (Switzerland), TE Connectivity Ltd. (Switzerland), Texas Instruments Incorporated (U.S.), Dwyer Instruments LTD. (U.S.), Bosch Sensortec GmbH (Germany), ABB Ltd (Sweden), Analog Devices, Inc. (U.S.), and Sensirion AG (Switzerland). Key Questions Answered in the Report:
Which are the high growth market     segments in terms of sensor type, type, mode of automation, end user, and     geography?
What is the historical market size     for the industrial automation sensors market?
What are the market forecasts and     estimates for the period 2022–2029?
What are the major drivers,     restraints, opportunities, and challenges in the industrial automation     sensors market?
Who are the major players in the     market, and what are their market shares?
Who are the major players in     various countries?
How is the competitive landscape     for the industrial automation sensors market?
What are the recent developments in     the industrial automation sensors market?
What are the different strategies     adopted by the major players in the market?
Which are the high-growth countries     in the industrial automation sensors market?
Who are the local emerging players     in the industrial automation sensors market, and how do they compete with     other players?
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wemresearch · 2 years ago
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Environmentally-friendly InSb/InP colloidal quantum dots for fast and sensitive short-wave infrared photodetectors
Applications such as LIDAR, 3D imaging for mobile devices, automotive and augmented/virtual reality or night vision for surveillance, rely on the development of short-wave infrared (SWIR) photodetectors. These devices are capable of seeing in the region of the spectrum that is invisible to our eye since they operate in the spectral window of 1-2 µm. The SWIR light sensor industry has been dominated for years by epitaxial technology, mainly based on devices made of indium gallium arsenide (InGaAs). However, several factors such as high production costs, low-scale manufacturability and incompatibility with CMOS have confined the epitaxial technology to niche and military markets. In contrast, the potential of SWIR photodetectors made of colloidal quantum dots (CQDs), nanoscale semiconductor materials, has attracted significant interest in recent years due to their appealing features, such as low cost and compatibility with CMOS architecture, among others.
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spookysaladchaos · 5 months ago
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Global top 13 companies accounted for 66% of Total Frozen Spring Roll market(qyresearch, 2021)
The table below details the Discrete Manufacturing ERP revenue and market share of major players, from 2016 to 2021. The data for 2021 is an estimate, based on the historical figures and the data we interviewed this year.
Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research includes the research of the annual financial reports of the top companies; while primary research includes extensive interviews of key opinion leaders and industry experts such as experienced front-line staffs, directors, CEOs and marketing executives. The percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
According to the new market research report “Global Discrete Manufacturing ERP Market Report 2023-2029”, published by QYResearch, the global Discrete Manufacturing ERP market size is projected to reach USD 9.78 billion by 2029, at a CAGR of 10.6% during the forecast period.
Figure.   Global Frozen Spring Roll Market Size (US$ Mn), 2018-2029
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Figure.   Global Frozen Spring Roll Top 13 Players Ranking and Market Share(Based on data of 2021, Continually updated)
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The global key manufacturers of Discrete Manufacturing ERP include Visibility, Global Shop Solutions, SYSPRO, ECi Software Solutions, abas Software AG, IFS AB, QAD Inc, Infor, abas Software AG, ECi Software Solutions, etc. In 2021, the global top five players had a share approximately 66.0% in terms of revenue.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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moremarketresearch · 2 years ago
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Global AI Accelerator Chip Market Expected to Grow Substantially Owing to Healthcare Industry
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Global AI Accelerator Chip Market Expected to Grow Substantially Owing to Increased Use of AI Accelerator Chips in Healthcare Industry. The global AI accelerator chip market is expected to grow primarily due to its growing use in the healthcare industry. The cloud sub-segment is expected to flourish immensely. The market in the North American region is predicted to grow with a high CAGR by 2031. NEW YORK, March 17, 2023 - As per the report published by Research Dive, the global AI accelerator chip market is expected to register a revenue of $332,142.7 million by 2031 with a CAGR of 39.3% during the 2022-2031 period.
Dynamics of the Global AI Accelerator Chip Market
Growing use of AI accelerator chips across the global healthcare industry is expected to become the primary growth driver of the AI accelerator chip market in the forecast period. Additionally, the rise of the cyber safety business is predicted to propel the market forward. However, according to market analysts, lack of skilled AI accelerator chip workforce might become a restraint in the growth of the market. The growing use of AI accelerator chip semiconductors is predicted to offer numerous growth opportunities to the market in the forecast period. Moreover, the increased use of AI accelerator chips to execute AI workloads such as neural networks is expected to propel the AI accelerator chip market forward in the coming period.
COVID-19 Impact on the Global AI Accelerator Chip Market
The Covid-19 pandemic disrupted the routine lifestyle of people across the globe and the subsequent lockdowns adversely impacted the industrial processes across all sectors. The AI accelerator chip market, too, was negatively impacted due to the pandemic. The disruptions in global supply chains due to the pandemic resulted in a decline in the semiconductor manufacturing industry. Also, the travel restrictions put in place by various governments reduced the availability of skilled workforce. These factors brought down the growth rate of the market.
Key Players of the Global AI Accelerator Chip Market
The major players in the market include: - NVIDIA Corporation - Micron Technology Inc. - NXP Semiconductors N.V. - Intel Corporation - Microsoft Corporation - Advanced Micro Devices Inc. (AMD) - Qualcomm Technologies Inc. - Alphabet Inc. (Google Inc.) - Graphcore Limited. - International Business Machines Corporation These players are working on developing strategies such as product development, merger and acquisition, partnerships, and collaborations to sustain market growth. For instance, in May 2022, Intel Habana, a subsidiary of Intel, announced the launch of 2nd generation AI chips which according to the company, will provide a 2X performance advantage over the previous generation NVIDIA A100. This product launch will help Intel Habana to capitalize on this rather nascent market and will consolidate its lead over the competitors further.
What the Report Covers:
Apart from the information summarized in this press release, the final report covers crucial aspects of the market including SWOT analysis, market overview, Porter's five forces analysis, market dynamics, segmentation (key market trends, forecast analysis, and regional analysis), and company profiles (company overview, operating business segments, product portfolio, financial performance, and latest strategic moves and developments.)
Segments of the AI Accelerator Chip Market
The report has divided the AI accelerator chip market into the following segments: Chip Type: Graphics Processing Unit (GPU), Application-Specific Integrated Circuit (ASIC), Field Programmable Gate Arrays (FPGA), Central Processing Unit (CPU), and others Processing Type: edge and cloud Application: Natural Language Processing (NLP), computer vision, robotics, and network security Industry Vertical: financial services, automotive and transportation, healthcare, retail, telecom, and others Region: North America, Europe, Asia-Pacific, and LAMEA SegmentSub-SegmentChip TypeCentral Processing Unit (CPU) – Most dominant market share in 2021 - The use of CPU for improving the performance of a computer while running graphics and video editors are expected to push the growth of this sub-segment further.Processing TypeCloud – Significant revenue growth in 2021 Cloud acceleration chip helps content creators, publishers, and other entities to offer material to end users promptly which is predicted to propel the growth rate of the market higher.ApplicationNatural Language Processing (NLP) – Highest market share in 2021 Increased use of Natural Language Processing (NLP) due to its ability to make computer-human interactions more natural is expected to propel the sub-segment forward.Industry VerticalHealthcare– Huge market revenue in 2021 The growing use of AI by major healthcare companies to complement medical imaging is anticipated to offer numerous growth opportunities to the sub-segment in the forecast period.RegionNorth America – Most profitable by 2031 The development of new technologies in artificial intelligence (AI) accelerators in this region is predicted to propel the market in the forecast period. Read the full article
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