Recent #Automotive Semiconductor Market news in the semiconductor industry

11 months ago
1. The automotive semiconductor market was estimated at $67 billion in 2023, showing a 12% increase from 2022. 2. Infineon Technologies, NXP Semiconductors, and STMicroelectronics are the top three suppliers, collectively holding over one-third of the market. 3. Despite the growth in vehicle production, the market is showing signs of slowdown, with key players experiencing declining revenues in recent quarters.
Automotive Semiconductor MarketElectric VehiclesInfineon Technologies
11 months ago
1. The automotive semiconductor market reached $67 billion in 2023, with Infineon, NXP, and ST Microelectronics leading the market. 2. Despite a strong recovery from pandemic-related shortages, signs of market slowdown are evident, with quarterly revenues of top suppliers declining. 3. The growth of the market is driven by increasing semiconductor content in vehicles, particularly EVs and driver-assist systems, although these segments are also showing signs of slowing growth.
Automotive Semiconductor MarketEV GrowthInfineon