Automotive Semiconductor Market Size Outlook and Future Prospects 2024-2031
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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