Automotive SemiConductor Market Size, Growth, Report to 2030

The Global Semi-Conductor Market size was valued at USD 41.78 billion in 2021 and is expected to USD 110.93 billion 2030, reach at a CAGR of 6.2% from 2021.Over the course of the forecast period, rising demand for electronic content per automobile is anticipated to support market expansion. In addition, it is anticipated that over the coming few years, the use of electronic components in both luxury and mass-produced vehicles would increase, resulting in consistent market growth.