Electronic system comprises the significant part in the automotive industry, the increase in the usage of semiconductors and automobiles with high reliability, smaller size and lower costs are the current trends followed by all the automotive manufacturers which are boosting up the importance of the semiconductors in the automobile industry and even more models are going to make entry to the industry with high furnished features like automatic driving and lane changing assistance, so the automotive semiconductor markets are having the most top scope of growth in the forecast period.
South America Automotive Semiconductor Market Size & Growth:
South America Revenue of Automotive Semiconductor market is valued at 30.41 Billion in 2018 and estimated to reach a value of 107.02 Billion in 2024 at CAGR of 20.10 %. Key points like High demand for facilities such as lane changing assistance, automatic parking and safety features, Emergence of the internet of things in automotive are accelerating the markets, and the factors like System failures
South America Automotive Semiconductor Market Share:
Component type segments SOUTH AMERICA automotive semiconductor market, By vehicle type, By fuel type, By application, and By geography. By the Component type, these are segmented as sensors, power devices, lighting devices, processors, ICs, memory devices and others. By vehicle type, these are segmented as heavy commercial vehicles, light commercial vehicles, passenger vehicles and others. By fuel type, these are segmented as electric, gasoline, and diesel. By application, these are segmented by body electronics, engine, chassis, comfort/entertainment unit, safety, and others. By geography, they are segmented as Argentina, Brazil, and Chile.
South America Automotive Semiconductor Market Trends:
South America Automotive Semiconductor Market Research Reports Includes:
Starting from $2700
Starting from $2700
Starting from $2700
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