Driving Innovation: Direct Imaging vs. Conventional Exposure
It’s Only Common Sense: Selling to Today's Generation of Buyers
Dan’s Biz Bookshelf: ‘Believe in Better'
Automotive IC Market Worth $89,140 Billion by 2025
August 10, 2018 | PRNewswireEstimated reading time: 1 minute
The global automotive IC market was valued at $43.24 billion in 2017, and is projected to reach at $89.14 billion by 2025, growing at a CAGR of 9.3% from 2018 to 2025.
At present, the North America region dominates the global automotive IC market, owing to increase in adoption of high-end vehicles in this region. Factors such as increase in vehicle production and improvement in vehicle standards with emerging technologies fuel the growth of the Asia-Pacific automotive IC market. Moreover, various technological advancements in electric vehicles have been in progress, owing to government initiatives, which propel the market growth. For instance, according to the Wall Street Journal, China is close to finalizing a $47 billion investment fund that would finance semiconductor research and chip start-up development, which is expected to assist in propelling the growth of the automotive IC market.
Key Findings of the Automotive IC Market:
- In 2017, the engine management segment generated the highest revenue in the global automotive IC market.
- In 2017, the hybrid or multichip integrated circuit segment generated the highest revenue among the other IC types in the global automotive IC market.
Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market research provides global enterprises as well as medium and small businesses with unmatched quality of market research reports and business intelligence solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Share on:
Suggested Items
SMT007 Magazine July—What’s Your Competitive Sweet Spot?
07/01/2025 | I-Connect007 Editorial TeamAre you in a niche that’s growing or shrinking? Is it time to reassess and refocus? We spotlight companies thriving by redefining or reinforcing their niche—what are their insights? In the July 2025 issue of SMT007 Magazine, we spotlight companies thriving by redefining or reinforcing their niche and offer insights to help you evaluate your own.
Global Dry Film Photoresist Market Set for Robust Growth with Expanding Semiconductor Ecosystem
06/24/2025 | PRNewswireIn 2024, the global market size of Dry Film Photoresist was estimated to be worth US$939 million and is forecast to reach approximately US$1191 million by 2031 with a CAGR of 3.5% during the forecast period 2025-2031.
The Big Picture: Our Big ‘Why’ in the Age of AI
06/25/2025 | Mehul Davé -- Column: The Big PictureWith advanced technology, Tesla, Google, Microsoft, and OpenAI can quickly transform life as we know it. Several notable artificial intelligence (AI) studies, including the 2024 McKinsey Global Survey on AI, have offered insights into AI’s adoption, impact, and trajectory. The McKinsey study revealed that AI adoption continues to grow, with 50% of respondents reporting using AI in at least one business area.
Roll-to-Roll Technologies for Flexible Devices Set to Grow at 11.5% CAGR
06/11/2025 | GlobeNewswireAccording to the latest study from BCC Research, the “Global Markets for Roll-to-Roll Technologies for Flexible Devices” is expected to reach $69.8 billion by the end of 2029 at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2029.
PC AIB Shipments Follow Seasonality, Show Nominal Increase for Q4’24
06/06/2025 | JPRAccording to a new research report from the analyst firm Jon Peddie Research, the growth of the global PC-based graphics add-in board market reached 9.2 million units in Q1'25 and desktop PC CPUs shipments decreased to 17.8 million units.