Automotive Semiconductor Market Size, Opportunities and Challenges...

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2024-05-30 16:40:19 - Translate -

Automotive Semiconductor Market Size, Opportunities and Challenges by 2031

The Automotive Semiconductor Market Size valued at USD 2.8 billion in 2022, is projected to expand significantly, reaching USD 22.84 billion by 2030, driven by a robust CAGR of 30% from 2023 to 2030. This remarkable growth can be attributed to several key factors. Firstly, the rapid adoption of electric vehicles (EVs) is creating substantial demand for advanced semiconductor chips...

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