The Marketing Minute: Marketing With Layers
The Right Approach: Electro-Tek—A Williams Family Legacy, Part 1
It’s Only Common Sense: If You’re Not Differentiated, You’re Dead
Automotive Semiconductor Market to Reach $76.93 Billion by 2027
March 6, 2019 | PRNewswireEstimated reading time: 2 minutes
The global automotive semiconductor market accounted to $34.89 billion in 2017 and is expected to grow at a CAGR of 8.3% during the forecast period 2018 - 2027, to account to $76.93 billion by 2027.
Semiconductors have facilitated most of the latest innovations in automotive technology across the world. Demand for automotive semiconductors is continuing to rise steadily due to more complexity in car designs, which thereby provides a significant long-term growth scenario for the automotive semiconductor market.
Owing to this, several global automotive suppliers and automotive OEMs are focusing on introducing innovative sensors, connectivity platforms, mapping applications, and other new technologies along with the expansion of electric vehicles (EVs).Further, the semiconductor content in each vehicle is on a rise owing to the government regulations regarding safety, fuel efficiency, and emission standards.
The safety features in the automotive semiconductor market have evolved from passive to active systems with ADAS including radar & vision systems. Further, the demand for electronic stability control, tire pressure monitoring, ADAS, and other features is witnessing notable growth rate owing to regulatory mandates.
A significant rise in the automotive manufacturing has remarkably driven the automotive semiconductor market.The automobile manufacturers worldwide are experiencing significant demand for vehicles ranging from passenger vehicles, lightweight commercial vehicles, and heavyweight commercial vehicles.
Higher disposable income in the developed countries and increasing purchasing power capacity among the population in developing countries is significantly driving the automobile procurement.The constant pressure on automobile manufacturers to deliver a large number of vehicles to meet consumer demand is catalyzing the production statistics of vehicle manufacturing.
With the increase in automobile manufacturing, the demand for advanced technologies integrated on to the vehicles is simultaneously increasing among the end users.This factor has created a potential market space for various types of semiconductors.
In the current automotive market, major manufacturers are integrating their vehicles with technologically enhanced sensors, in order to improve the safety of the vehicles. Apart from sensors, several other types of semiconductors are also being integrated on the newer vehicles, which is paving the path for automotive semiconductor market players to generate substantial revenue.
The global automotive semiconductor market has been segmented into three major segments including component, application, and vehicle type.The component segment is fragmented by optical, sensors & actuators, memory, microcontrollers, analog ICs, and logic & discrete power devices.
The sensors & actuators segment is further segmented into LED, image sensor, position sensor, temperature sensor, pressure sensor, and others.The memory segment is sub-divided into DRAM and flash.
The application segment is categorized into advanced driver assistance systems, body electronics, infotainment, powertrain, and safety systems.The vehicle type segment is bifurcated into passenger cars, light commercial vehicle, and heavy commercial vehicle.
Page 1 of 2
Share on:
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
The Marketing Minute: Marketing With Layers
10/15/2025 | Brittany Martin -- Column: The Marketing MinuteMarketing to a technical audience is like crafting a multilayer board: Each layer serves a purpose, from the surface story to the buried detail that keeps everything connected. At I-Connect007, we’ve learned that the best marketing campaigns aren’t built linearly; they’re layered. A campaign might start with a highly technical resource, such as an in-depth article, a white paper, or a podcast featuring an engineer delving into the details of a process. That’s the foundation, the substance that earns credibility.
ICT Symposium Review: Sustainability and the Circular Economy
10/09/2025 | Pete Starkey, I-Connect007It was pleasant autumnal weather as we made our way once again to Meriden, the nominal centre of England, for the 2025 Annual Symposium of the Institute of Circuit Technology. Delegates were welcomed by technical director Emma Hudson who introduced and moderated a skilfully coordinated programme, focused on the highly relevant theme of sustainability.
Circular Packaging Market to Reach $98.0 Billion by 2035
10/08/2025 | Fact.MRThe market's journey from USD 45.8 billion in 2025 to USD 98.0 billion by 2035 represents substantial growth, the market will rise at a CAGR of 7.9% demonstrating the accelerating adoption of sustainable packaging systems and circular economy solutions across food & beverage, personal care, and e-commerce sectors.
It’s Only Common Sense: Stop Whining About the Market—Outwork It
10/06/2025 | Dan Beaulieu -- Column: It's Only Common SenseWhenever the market hiccups or the industry cycle dips, I hear the same tired chorus: “The market is down. Customers aren’t buying. What can we do? We just have to wait it out.” Nonsense. If you think that by showing up, opening your doors, and waiting for the economy to smile kindly upon you, that success will follow, you are in the wrong business. Worse yet, you’re living in the wrong mindset. Most people don’t want to hear the truth that winners find business in down cycles. Losers blame the economy.
Schweizer Ends Staff Restructuring Measures and Short-Time Working at the Schramberg Site
10/01/2025 | Schweizer Electronic AGSchweizer Electronic AG has implemented comprehensive measures to adjust its cost and personnel structure at its Schramberg site due to strong market fluctuations in the automotive and industrial electronics sector. Thanks to the successful restructuring, short-time working can now be ended with immediate effect. A stable order situation is expected for the fourth quarter, with signs of growth momentum returning in 2026.