Automotive Semiconductor Market To Reach $133 Billion by 2030
The global market for automotive semiconductors is projected to reach a valuation of $133.05 billion by 2030, expanding significantly from an estimated $77.42 billion in 2025, according to a new report published by market research firm MarketsandMarkets. The analysis indicates a Compound Annual Growth Rate (CAGR) of 11.4% between 2025 and 2030, a rate attributed primarily to the accelerated adoption of electric vehicles and the increasing integration of Advanced Driver-Assistance Systems (ADAS). The report highlights that semiconductors are foundational…