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Automotive semiconductor chip market growing at 11.1% CAGR to over $80bn in 2027, driven by electrification and ADAS

What happened

Yole Intelligence forecasts the automotive semiconductor market to grow from $44bn in 2021 to $80.7bn in 2027 at an 11.1% CAGR, with chip content per car rising from ~$550 to ~$912. This growth is primarily driven by vehicle electrification and increasing adoption of ADAS systems. Neutral: This is a long-term demand projection without specific, immediate supply constraints or price actions to trigger a trade signal.

Impact and signal

Low impactImpact score: 15/100

Affected components and suppliers

Automotive SemiconductorsPower SemiconductorsSensorsMCUs
market-growthelectrificationadas

Source and time

Source: Semiconductor Today · 12/6/2022 · View original source

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