The global automotive semiconductor market is booming, and key players expect it to grow significantly through 2030

The global automotive semiconductor industry is currently valued at $54.9 billion and is expected to reach $94.99 billion by the end of 2030. From 2022 to 2030, it is anticipated that shipments of automotive semiconductors would grow at a CAGR of 7.1 percent. Automotive Semiconductor Market Size (2022) US$ 54.9 Bn Market Value Estimation (2030) US$ 94.99 …