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Forecast Analysis: Automotive Semiconductors, Worldwide, 2020-2030

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Summary

Vehicle unit growth will slow down, and automakers will reduce embedded hardware by focusing more on software. However, the automotive chip market will grow to $116.6 billion in 2030, up from $38.7 billion in 2020 due to the strong demand for autonomy, lower emissions and greater energy efficiency.

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Forecast Analysis: Automotive Semiconductors, Worldwide, 2020-2030

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