#automotive semiconductor market

[rohitpalan]

Driving Growth: Automotive Semiconductor Market Set to Reach $115.6 Billion by 2033

The demand for automotive semiconductor market is predicted to grow at a consistent growth rate of 7%. It is projected that the worldwide automotive semiconductor market is likely to be worth approximately US$ 58,770.1 million in the year 2023 and is expected to increase to a value of US$ 115,609.68 million by the year 2033.

Innovations in the automotive sector are proceeding at a breakneck pace.

When an error occurs in the vehicle, such as with the accelerator, the anti-lock brake interface, or the lights, a semiconductor is used to control the fail-safe system, manage the electrical control unit’s functions, and implement automotive fault tolerant systems, which alert the microcontrollers and safety systems installed in all vehicles. By way of illustration, consider the situation in which a vehicle loses traction on icy roads; this would call attention to the system’s ability to tolerate and recover from failure.

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When the driver applies the brakes, the anti-lock braking system is activated because the sensors and semiconductor devices have detected an incident. As a result, semiconductors play a crucial role in the automotive sector, and the industry’s rapid expansion is anticipated to boost the automotive semiconductor market’s growth over the forecast period.

Demand for improved vehicle safety features continues to rise.

As the number of traffic accidents grows, so does the need for safety features like parking aids, collision avoidance systems, lane departure warnings, traction control, electronic stability control, tire pressure monitors, airbags, and telematics. Numerous ADAS technologies rely heavily on automotive semiconductors, which improve the systems’ functionality and enable them to detect and classify objects in the path of the vehicle, alerting the driver to changes in the environment and the state of the road as necessary.

Furthermore, these systems can use semiconductors and associated components to automatically apply the brakes or bring the vehicle to a stop, depending on the road conditions. In recent years, there has been a dramatic rise in the number of people losing their lives in traffic accidents, making it one of the leading causes of death worldwide.

According to a 2021 report by the World Health Organization, for instance, nearly 1.3 million people worldwide lose their lives in traffic-related incidents annually. Teenagers also have a higher rate of fatal road traffic injuries. Due to these causes, there has been an uptick in interest in car safety features. Businesses in the auto industry are working to address consumers’ concerns by designing and releasing new products with enhanced safety functions. For instance, HELLA (a company that makes advanced lighting and electronics components) is expected to begin mass producing their newest 77 GHz radar system soon.

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Key Takeaways

The automotive semiconductor market is expected to experience significant growth in the coming years due to increased demand for electric and hybrid vehicles.

Advancements in ADAS technology are driving the demand for semiconductors that enable these features.

The development of autonomous vehicles is driving the need for more advanced semiconductor technology, such as LiDAR, radar, and camera systems.

The rise of connected car technology is driving demand for advanced semiconductor components that can support features like telematics, infotainment, and vehicle-to-vehicle communication.

The adoption of Industry 4.0 technology is driving demand for more advanced semiconductor technology that can support IoT and AI systems.

The United States is currently the largest market for automotive semiconductors due to its robust automotive industry and investment in emerging technologies.

The Asia-Pacific region is expected to experience significant growth in the automotive semiconductor market due to its growing automotive industry and increasing demand for electric and hybrid vehicles.

Competitive Landscape

The competitive landscape in the automotive semiconductor market is highly fragmented and characterized by intense competition among key players. There are several global players, including NXP Semiconductors N.V., Infineon Technologies AG, and Texas Instruments Incorporated, who are investing heavily in research and development to improve the performance and functionality of their semiconductor products. These companies are also expanding their product portfolios through strategic partnerships, mergers and acquisitions, and collaborations with other companies in the value chain.

The automotive semiconductor market is seeing increased competition from new entrants and startups that are developing innovative semiconductor products to cater to the evolving needs of the automotive industry. These companies are leveraging emerging technologies like IoT, AI, and cloud computing to develop cutting-edge semiconductor solutions that enhance the functionality and performance of automobiles.

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Key Segments

Automotive Semiconductor Market by Component:

Micro Components (Processors)

Memory Devices

Logic

Optical & Sensors

Analog ICs

Discrete Devices

Automotive Semiconductor Market by Vehicle Type:

Automotive Semiconductors for Passenger Vehicles

Automotive Semiconductors for Light Commercial Vehicles

Automotive Semiconductors for Heavy Commercial Vehicles

Automotive Semiconductor Market by Application:

Body

Safety

Telematics & Infotainment

Power Trains

Chassis

[gorepoonam]

Automotive Semiconductor Market Size, Trends, Share, Opportunities, Revenue

Global Automotive Semiconductor Market research report 2022 offers in-depth assessment of revenue analysis by Future Growth, Top Players, Size, Share, Opportunities, Revenue and Growth Rate Through 2029 Evaluation is provided for global markets, including development trends, competitive landscape evaluation, and key region's development standing. Moreover, this report also helps you to understand factors driving or inhibiting the market growth along with each submarket with respect to individual growth trend and their contribution to the market

Automotive Semiconductor Market Regional Analysis:

This study provides an overview of the Global Automotive Semiconductor Market, tracking five market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Automotive Semiconductor Market by its Type, Applications, End User and Region.

Competitive Analysis:

The Automotive Semiconductor Market report examines competitive scenario by analysing key players in the market. The company profiling of leading market players is included this report with Porter's five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

Key Offerings: • Market Size & Forecast by Revenue | 2029 • Market Dynamics - Leading trends, growth drivers, restraints, and investment opportunities • Market Segmentation - A detailed analysis by product, types, end-user, applications, segments, and geography • Competitive Landscape - Top key vendors and other prominent vendors.

Key Manufacturers Covered in This Report:

Major players operating in the global automotive heated steering wheel market include ZF Friedrichshafen AG, Bombardier Recreational Products Inc., SYMTEC, EMDET Groups, Whelio, Toyoda Gosei Co., Ltd., Autoliv Inc., GENTHERM, Takata Corporation, Ningbo Joyson Electronics Co. Ltd.,, I.G. Bauerhin GmbH, and Polaris Inc. among others.

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[markettrendingreports-blog]

Automotive Semiconductor Market Research Report, Share, Growth, Strategy, Segmentation and Forecast 2027

Automotive Semiconductor Market Research Report, Share, Growth, Strategy, Segmentation and Forecast 2027

Rise in Demand for Safety Features in Automobiles to Provide Growth Opportunities for Automotive Semiconductor Market During 2018–2027 According to our latest market study on “Automotive Semiconductor Market Forecast to 2027 – Global Analysis – by Component, Application, Vehicle Type, and Geography,” the market is expected to grow from US$ 34.89 billion in 2017 to reach US$ 76.93 billion by…

[tritonmarketresearchamey]

Automotive Semiconductor Market: 2024-2032 Global Trend Analysis

According to Triton’s research report, the Global Automotive Semiconductor Market report is categorized by Type of Vehicle (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs)), Type of Fuel (Gasoline, Diesel, Electric/Hybrid), Application (Advanced Driver Assistance Systems, Body Electronics, Infotainment, Powertrain, Safety Systems), Component (Processors, Analog ICs, Discrete Power Devices, Sensors [LED, Image Sensor, Position Sensor, Temperature Sensor, Pressure Sensor, Other Sensors], Memory Devices [Dram, Flash], Lighting Devices), and Regional (Latin America, North America, Europe, Asia-Pacific, Middle East and Africa)

The report highlights the Market Summary, Industry Outlook, Impact Analysis, Porter’s Five Forces Analysis, Market Attractiveness Index, Regulatory Framework, Key Buying Impact Analysis, Supply Chain Analysis, Key Market Strategies, Market Drivers, Challenge, Opportunities, Analyst Perspective, Competitive Landscape, Research Methodology, and Scope. It also provides Global Market Size Forecasts & Analysis (2024-2032).

Triton Market Research forecasts that the global automotive semiconductor market will expand at a compound annual growth rate of 8.74% from 2024 to 2032.

A semiconductor is a material, often made of silicon, that conducts electricity better than an insulator like glass. They are integral to countless devices, including computers, smartphones, appliances, gaming systems, and medical equipment.

The rising use of gallium nitride (GaN) and SiC power semiconductors, increasing emphasis on automotive cybersecurity solutions, and shift towards neural network accelerators and AI processors create opportunities for the automotive semiconductor market. Advanced materials like GaN and SiC offer superior efficiency, higher thermal conductivity, and greater power density compared to traditional silicon-based semiconductors. As the automotive industry increasingly shifts towards electric vehicles (EVs) and advanced driver-assistance systems (ADAS), the demand for more efficient and reliable power electronics has surged. These semiconductors enable faster-switching speeds and reduced energy losses, which are crucial for the performance and range of EVs.

However, the automotive semiconductor market faces challenges such as stringent automotive safety and quality standards, supply chain disruptions, and high development expenses.

Global, the Asia-Pacific region is estimated to witness the fastest growth over the forecast period. Key factors contributing to this growth include the rising demand for electric vehicles (EVs), the implementation of stringent emission regulations, and the growing integration of safety and infotainment systems. Countries like China, Japan, and South Korea are at the forefront, with substantial investments in semiconductor manufacturing and innovation. Additionally, the shift towards autonomous driving and connected cars is further propelling the demand for high-performance semiconductors.

The key companies offering solutions in the automotive semiconductor market are Analog Devices Inc, Microchip Technology Incorporated, NXP Semiconductors NV, Renesas Electronics Corporation, Infineon Technologies AG, Robert Bosch GmbH, Samsung Electronics Co Ltd, Intel Corporation, ON Semiconductor Corporation, STMicroelectronics NV, Micron Technology Inc, Toshiba Corporation, Qualcomm Incorporated, Rohm Co Ltd, and Texas Instruments Incorporated.

Semiconductor providers in the automotive sector must adhere to various regulatory standards. Automotive System-on-Chips (SoCs) must meet three key criteria: quality, reliability, and functional safety. Functional safety involves compliance with ISO 26262, which includes safety goals, SoC architecture, safety verification, and FMEDA analysis. These regulations prioritize public safety and security, and major industry players are obliged to comply, significantly impacting the industry.

[semiconductors-and-technology]

Automotive Semiconductor Chip Market 2023 Snapshot Trends, Outlook, and Analysis

In the ever-evolving landscape of automotive technology, semiconductor chips are the unsung heroes powering the vehicles of tomorrow. From enabling advanced driver assistance systems (ADAS) to revolutionizing in-car entertainment and connectivity, these tiny silicon marvels play a pivotal role in shaping the future of mobility. Join us as we take a closer look at the dynamic Automotive Semiconductor Chip Market and explore its transformative impact on the automotive industry.

The Engine of Innovation:

Automotive semiconductor chips serve as the digital brains behind modern vehicles, facilitating a wide range of functionalities critical for safety, performance, and comfort. From microcontrollers and sensors to power management ICs and memory chips, these semiconductor components form the foundation of automotive electronics, enabling innovations such as autonomous driving, electrification, and vehicle-to-everything (V2X) communication.

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Revolutionizing Mobility with Advanced Technologies:

The Automotive Semiconductor Chip Market is witnessing a seismic shift driven by advancements in technology and evolving consumer preferences. Manufacturers are investing heavily in R&D to develop next-generation semiconductor solutions tailored to meet the demands of connected, autonomous, and electric vehicles. Moreover, the integration of artificial intelligence (AI) and machine learning algorithms is enabling predictive maintenance, real-time diagnostics, and personalized driving experiences, transforming the way we interact with vehicles.

Navigating Market Dynamics:

The Automotive Semiconductor Chip Market is characterized by rapid innovation, intense competition, and complex supply chain dynamics. Factors such as increasing vehicle electrification, rising demand for safety and infotainment features, and stringent emission regulations are driving demand for semiconductor chips in the automotive sector. Moreover, the proliferation of electric vehicles (EVs) and the emergence of new players in the mobility ecosystem are reshaping the competitive landscape and fueling collaboration and partnerships across the value chain.

Challenges and Opportunities:

Despite the promising growth prospects, the Automotive Semiconductor Chip Market faces challenges such as semiconductor shortages, supply chain disruptions, and increasing complexity of automotive electronics. Moreover, ensuring the reliability, safety, and security of semiconductor chips in connected and autonomous vehicles remains a top priority for manufacturers and regulators alike. However, these challenges also present opportunities for innovation, collaboration, and diversification, driving the development of resilient and sustainable semiconductor solutions for the automotive industry.

Driving Towards a Connected Future:

As we embark on the journey towards a connected and autonomous future, semiconductor chips will continue to play a central role in shaping the automotive industry. By harnessing the power of innovation and collaboration, we can unlock new possibilities in mobility, enhance safety and efficiency, and create a more sustainable and inclusive transportation ecosystem. Moreover, as semiconductor technology continues to evolve, it has the potential to revolutionize not only how we drive but also how we live, work, and interact with the world around us.

In conclusion, the Automotive Semiconductor Chip Market represents a driving force of innovation and progress in the automotive industry. As we navigate the road ahead, let us embrace the opportunities presented by semiconductor technology to create a safer, smarter, and more connected future of mobility for generations to come.

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[electronalytics]

Silicon Microphone Integrated Circuits (ICs) Market Overview and Regional Outlook Study 2017 – 2032

The Silicon Microphone Integrated Circuits (ICs) Market refers to the market for integrated circuits that are specifically designed for use in silicon-based microphones. Silicon microphones are a type of microphone that utilizes silicon-based materials and technology to convert sound waves into electrical signals.

Silicon microphone ICs are designed to provide amplification, filtering, and signal processing functionalities for silicon microphones. These ICs play a crucial role in enhancing the performance and capabilities of silicon microphones, making them suitable for various applications such as smartphones, tablets, laptops, smart speakers, automotive systems, and other consumer electronics devices.

The market for silicon microphone ICs has been witnessing significant growth in recent years, driven by the increasing demand for high-quality audio solutions in various electronic devices. The advancements in semiconductor technology and the miniaturization of components have led to the development of smaller, more efficient, and cost-effective silicon microphone ICs.

Some key factors driving the growth of the silicon microphone ICs market include:

Rising demand for voice-controlled devices: The increasing popularity of voice assistants and voice-controlled devices like smart speakers, virtual assistants, and voice-activated home automation systems has created a strong demand for silicon microphones and their associated ICs.

Growing adoption of smartphones and wearable devices: The proliferation of smartphones and wearable devices has resulted in a higher demand for compact and high-performance silicon microphones integrated with ICs, as they are essential components for voice recording and voice communication applications.

Advancements in MEMS technology: Microelectromechanical Systems (MEMS) technology has played a crucial role in the development of silicon microphones and their associated ICs. MEMS-based silicon microphones offer advantages such as small size, low power consumption, high sensitivity, and improved noise cancellation, driving their adoption in various consumer electronics applications.

Increasing demand for high-fidelity audio: With the growing emphasis on high-quality audio experiences, there is a rising demand for silicon microphones and ICs that can provide better audio capture, noise cancellation, and signal processing capabilities. This trend is particularly evident in applications such as professional recording, broadcasting, and conferencing systems.

Overall, the silicon microphone ICs market is expected to continue its growth trajectory in the coming years, driven by the increasing demand for voice-controlled devices, smartphones, wearables, and high-quality audio solutions.

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Remember to look for recent reports to ensure you have the most current and relevant information.

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Market Segmentations: Global Silicon Microphone Integrated Circuits (ICs) Market: By Company • Knowles • Infineon • Omron • NRJC • NeoMEMS Global Silicon Microphone Integrated Circuits (ICs) Market: By Type • General purpose ICs • Application-specific ICs Global Silicon Microphone Integrated Circuits (ICs) Market: By Application • Consumer Electronics • IT & Telecommunications • Automotive • Medical & Healthcare Global Silicon Microphone Integrated Circuits (ICs) Market: Regional Analysis All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Silicon Microphone Integrated Circuits (ICs) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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[rohitpalan]

Driving Growth: Automotive Semiconductor Market Set to Reach $115.6 Billion by 2033

The demand for automotive semiconductor market is predicted to grow at a consistent growth rate of 7%. It is projected that the worldwide automotive semiconductor market is likely to be worth approximately US$ 58,770.1 million in the year 2023 and is expected to increase to a value of US$ 115,609.68 million by the year 2033.

Innovations in the automotive sector are proceeding at a breakneck pace.

When an error occurs in the vehicle, such as with the accelerator, the anti-lock brake interface, or the lights, a semiconductor is used to control the fail-safe system, manage the electrical control unit’s functions, and implement automotive fault tolerant systems, which alert the microcontrollers and safety systems installed in all vehicles. By way of illustration, consider the situation in which a vehicle loses traction on icy roads; this would call attention to the system’s ability to tolerate and recover from failure.

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When the driver applies the brakes, the anti-lock braking system is activated because the sensors and semiconductor devices have detected an incident. As a result, semiconductors play a crucial role in the automotive sector, and the industry’s rapid expansion is anticipated to boost the automotive semiconductor market’s growth over the forecast period.

Demand for improved vehicle safety features continues to rise.

As the number of traffic accidents grows, so does the need for safety features like parking aids, collision avoidance systems, lane departure warnings, traction control, electronic stability control, tire pressure monitors, airbags, and telematics. Numerous ADAS technologies rely heavily on automotive semiconductors, which improve the systems’ functionality and enable them to detect and classify objects in the path of the vehicle, alerting the driver to changes in the environment and the state of the road as necessary.

Furthermore, these systems can use semiconductors and associated components to automatically apply the brakes or bring the vehicle to a stop, depending on the road conditions. In recent years, there has been a dramatic rise in the number of people losing their lives in traffic accidents, making it one of the leading causes of death worldwide.

According to a 2021 report by the World Health Organization, for instance, nearly 1.3 million people worldwide lose their lives in traffic-related incidents annually. Teenagers also have a higher rate of fatal road traffic injuries. Due to these causes, there has been an uptick in interest in car safety features. Businesses in the auto industry are working to address consumers’ concerns by designing and releasing new products with enhanced safety functions. For instance, HELLA (a company that makes advanced lighting and electronics components) is expected to begin mass producing their newest 77 GHz radar system soon.

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Key Takeaways

The automotive semiconductor market is expected to experience significant growth in the coming years due to increased demand for electric and hybrid vehicles.

Advancements in ADAS technology are driving the demand for semiconductors that enable these features.

The development of autonomous vehicles is driving the need for more advanced semiconductor technology, such as LiDAR, radar, and camera systems.

The rise of connected car technology is driving demand for advanced semiconductor components that can support features like telematics, infotainment, and vehicle-to-vehicle communication.

The adoption of Industry 4.0 technology is driving demand for more advanced semiconductor technology that can support IoT and AI systems.

The United States is currently the largest market for automotive semiconductors due to its robust automotive industry and investment in emerging technologies.

The Asia-Pacific region is expected to experience significant growth in the automotive semiconductor market due to its growing automotive industry and increasing demand for electric and hybrid vehicles.

Competitive Landscape

The competitive landscape in the automotive semiconductor market is highly fragmented and characterized by intense competition among key players. There are several global players, including NXP Semiconductors N.V., Infineon Technologies AG, and Texas Instruments Incorporated, who are investing heavily in research and development to improve the performance and functionality of their semiconductor products. These companies are also expanding their product portfolios through strategic partnerships, mergers and acquisitions, and collaborations with other companies in the value chain.

The automotive semiconductor market is seeing increased competition from new entrants and startups that are developing innovative semiconductor products to cater to the evolving needs of the automotive industry. These companies are leveraging emerging technologies like IoT, AI, and cloud computing to develop cutting-edge semiconductor solutions that enhance the functionality and performance of automobiles.

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Key Segments

Automotive Semiconductor Market by Component:

Micro Components (Processors)

Memory Devices

Logic

Optical & Sensors

Analog ICs

Discrete Devices

Automotive Semiconductor Market by Vehicle Type:

Automotive Semiconductors for Passenger Vehicles

Automotive Semiconductors for Light Commercial Vehicles

Automotive Semiconductors for Heavy Commercial Vehicles

Automotive Semiconductor Market by Application:

Body

Safety

Telematics & Infotainment

Power Trains

Chassis

[materialsscienceandengineering]

Environmentally-friendly InSb/InP colloidal quantum dots for fast and sensitive short-wave infrared photodetectors

Applications such as LIDAR, 3D imaging for mobile devices, automotive and augmented/virtual reality or night vision for surveillance, rely on the development of short-wave infrared (SWIR) photodetectors. These devices are capable of seeing in the region of the spectrum that is invisible to our eye since they operate in the spectral window of 1-2 µm. The SWIR light sensor industry has been dominated for years by epitaxial technology, mainly based on devices made of indium gallium arsenide (InGaAs). However, several factors such as high production costs, low-scale manufacturability and incompatibility with CMOS have confined the epitaxial technology to niche and military markets. In contrast, the potential of SWIR photodetectors made of colloidal quantum dots (CQDs), nanoscale semiconductor materials, has attracted significant interest in recent years due to their appealing features, such as low cost and compatibility with CMOS architecture, among others.

Read more.

[spookysaladchaos]

Global top 13 companies accounted for 66% of Total Frozen Spring Roll market(qyresearch, 2021)

The table below details the Discrete Manufacturing ERP revenue and market share of major players, from 2016 to 2021. The data for 2021 is an estimate, based on the historical figures and the data we interviewed this year.

Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research includes the research of the annual financial reports of the top companies; while primary research includes extensive interviews of key opinion leaders and industry experts such as experienced front-line staffs, directors, CEOs and marketing executives. The percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

According to the new market research report “Global Discrete Manufacturing ERP Market Report 2023-2029”, published by QYResearch, the global Discrete Manufacturing ERP market size is projected to reach USD 9.78 billion by 2029, at a CAGR of 10.6% during the forecast period.

Figure.   Global Frozen Spring Roll Market Size (US$ Mn), 2018-2029

Figure.   Global Frozen Spring Roll Top 13 Players Ranking and Market Share（Based on data of 2021, Continually updated）

The global key manufacturers of Discrete Manufacturing ERP include Visibility, Global Shop Solutions, SYSPRO, ECi Software Solutions, abas Software AG, IFS AB, QAD Inc, Infor, abas Software AG, ECi Software Solutions, etc. In 2021, the global top five players had a share approximately 66.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

[moremarketresearch]

Global AI Accelerator Chip Market Expected to Grow Substantially Owing to Healthcare Industry

Global AI Accelerator Chip Market Expected to Grow Substantially Owing to Increased Use of AI Accelerator Chips in Healthcare Industry. The global AI accelerator chip market is expected to grow primarily due to its growing use in the healthcare industry. The cloud sub-segment is expected to flourish immensely. The market in the North American region is predicted to grow with a high CAGR by 2031. NEW YORK, March 17, 2023 - As per the report published by Research Dive, the global AI accelerator chip market is expected to register a revenue of $332,142.7 million by 2031 with a CAGR of 39.3% during the 2022-2031 period.

Dynamics of the Global AI Accelerator Chip Market

Growing use of AI accelerator chips across the global healthcare industry is expected to become the primary growth driver of the AI accelerator chip market in the forecast period. Additionally, the rise of the cyber safety business is predicted to propel the market forward. However, according to market analysts, lack of skilled AI accelerator chip workforce might become a restraint in the growth of the market. The growing use of AI accelerator chip semiconductors is predicted to offer numerous growth opportunities to the market in the forecast period. Moreover, the increased use of AI accelerator chips to execute AI workloads such as neural networks is expected to propel the AI accelerator chip market forward in the coming period.

COVID-19 Impact on the Global AI Accelerator Chip Market

The Covid-19 pandemic disrupted the routine lifestyle of people across the globe and the subsequent lockdowns adversely impacted the industrial processes across all sectors. The AI accelerator chip market, too, was negatively impacted due to the pandemic. The disruptions in global supply chains due to the pandemic resulted in a decline in the semiconductor manufacturing industry. Also, the travel restrictions put in place by various governments reduced the availability of skilled workforce. These factors brought down the growth rate of the market.

Key Players of the Global AI Accelerator Chip Market

The major players in the market include: - NVIDIA Corporation - Micron Technology Inc. - NXP Semiconductors N.V. - Intel Corporation - Microsoft Corporation - Advanced Micro Devices Inc. (AMD) - Qualcomm Technologies Inc. - Alphabet Inc. (Google Inc.) - Graphcore Limited. - International Business Machines Corporation These players are working on developing strategies such as product development, merger and acquisition, partnerships, and collaborations to sustain market growth. For instance, in May 2022, Intel Habana, a subsidiary of Intel, announced the launch of 2nd generation AI chips which according to the company, will provide a 2X performance advantage over the previous generation NVIDIA A100. This product launch will help Intel Habana to capitalize on this rather nascent market and will consolidate its lead over the competitors further.

What the Report Covers:

Apart from the information summarized in this press release, the final report covers crucial aspects of the market including SWOT analysis, market overview, Porter's five forces analysis, market dynamics, segmentation (key market trends, forecast analysis, and regional analysis), and company profiles (company overview, operating business segments, product portfolio, financial performance, and latest strategic moves and developments.)

Segments of the AI Accelerator Chip Market

The report has divided the AI accelerator chip market into the following segments: Chip Type: Graphics Processing Unit (GPU), Application-Specific Integrated Circuit (ASIC), Field Programmable Gate Arrays (FPGA), Central Processing Unit (CPU), and others Processing Type: edge and cloud Application: Natural Language Processing (NLP), computer vision, robotics, and network security Industry Vertical: financial services, automotive and transportation, healthcare, retail, telecom, and others Region: North America, Europe, Asia-Pacific, and LAMEA SegmentSub-SegmentChip TypeCentral Processing Unit (CPU) – Most dominant market share in 2021 - The use of CPU for improving the performance of a computer while running graphics and video editors are expected to push the growth of this sub-segment further.Processing TypeCloud – Significant revenue growth in 2021 Cloud acceleration chip helps content creators, publishers, and other entities to offer material to end users promptly which is predicted to propel the growth rate of the market higher.ApplicationNatural Language Processing (NLP) – Highest market share in 2021 Increased use of Natural Language Processing (NLP) due to its ability to make computer-human interactions more natural is expected to propel the sub-segment forward.Industry VerticalHealthcare– Huge market revenue in 2021 The growing use of AI by major healthcare companies to complement medical imaging is anticipated to offer numerous growth opportunities to the sub-segment in the forecast period.RegionNorth America – Most profitable by 2031 The development of new technologies in artificial intelligence (AI) accelerators in this region is predicted to propel the market in the forecast period. Read the full article

[lanshengic]

Lansheng Technology: Automotive chips become bright spot

Rising sales of electric vehicles -- which tend to use more semiconductors than gasoline-powered cars -- combined with greater automation in all vehicles have kept car chip makers busy. Tesla CEO Elon Musk said last week that the long-term outlook for the market appeared to be strong, detailing his car company's plan to expand annual vehicle production to 20 million vehicles by 2030 from about 1.3 million in 2022 car.

Chip executives say the growth in the number of chips used in cars is staggering. By 2021, the average car will have about 1,200 chips, twice as many as in 2010, and that number is likely to rise, executives said.

Including Dutch automotive chip company NXP, German chip company Infineon, Japanese company Renesas and American companies TI and ADI are important players in this market.

Auto-related revenue should grow more than 30% in the current quarter, even as the company's overall revenue is expected to shrink, Matthew Murphy, chief executive of Marvell Corp of America, said on Thursday. The company's auto-related chip sales could reach $500 million in the next few years, up from about $100 million now, he said.

NXP's automotive chip sales rose 25 percent last year, and the company said it expects growth of about 15 percent in the first quarter of this year. Renesas' automotive business grew nearly 40 percent last year, and analysts expect more growth this quarter. Nearly a quarter of Analog Devices' sales come from the automotive industry, which grew 29 percent last year.

It’s not just the cars themselves that are getting more chip-intensive; semiconductor executives say so is auto production as manufacturers adopt greater automation to cope with labor shortages and try to keep costs down.

Chip companies are generally preparing to increase production capacity to meet rising automotive demand and expect a rebound in other industries such as PCs and smartphones. Texas Instruments said last month it would build an $11 billion chip factory in Lehi, Utah, and NXP said it was considering expanding in Texas.

Lansheng Technology Limited is a global distributor of electronic components that has been established for more than 10 years, headquartered in Shenzhen China, who mainly focuses on electronic spot stocks.

[bhavesh2022]

Fertilizer Additive Market to Reach US$ 4,050.19 million with a CAGR of 2.4% from 2022 to 2028

The Fertilizer Additive Market is expected to reach at US$ 4,050.19 million by 2028; registering at a CAGR of 2.4% from 2022 to 2028, according to a new research study conducted by The Insight Partners.

Because of the growing population, there is a greater need for food grains, which has increased demand for fertilisers in many nations. The Food and Agriculture Organization of the United Nations (FAO) and the International Food Policy Research Institute (IFPRI) predict that the increase in consumer affluence in places like Asia, Eastern Europe, and Latin America would cause a 70% increase in the world's food demand by the year 2050. The Joint Research Centre's assertions that fertilisers have become more widely used to increase food production as a result of the shrinking area of arable land and the rising demand for food in various countries were also supported by a report released by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services.

Further, the increased production of synthetic fertilizers witnessing the enhancement in crop yield. Hence, the manufacturers are focusing on to increase the synthetic fertilizers production on commercial basis along with the blend of fertilizer additives. Therefore, the rising commercial synthetic fertilizer production demand for additives which propels the fertilizer additive market growth.

The rising population of various countries and their governments focus on the development of sustainable agriculture will enable to increase the food production. The growing population and rising need for food security tends to adopt fertilizer additives in fertilizers industry, which is fueling the fertilizer additive market growth. Due to growing urbanization, the available arable land is expected to decrease. As a result, fertilizers are likely to play an essential role in increasing the average crop yields per hectare. However, the quality and performance of fertilizers deteriorates over time, and chemical fertilizers are leading to deteriorate the soil fertility. Fertilizer additives aid in the production, handling, storage, and transportation of fertilizers. The additives help fertilizers maintain their shape, limit caking, decrease dust formation during manufacturing of fertilizers, and avoid wetting of fertilizers. Hence, the manufacturers in fertilizers industry has been adopting fertilizer additives rigorously. Thus, the growing use of fertilizers in agricultural practices is estimated to fuel the fertilizer additives market growth.

The key players operating in the global fertilizer additive market include Arkema Group; Solvay; KAO CORPORATION; Chemipol S.A.; Chemsol LLC; Clariant; Dorf Ketal; Michelman, Inc.; Omex Agriculture, Inc.; and Novochem Group. Players operating in the global fertilizer additive market are focusing on providing high-quality products to fulfill customer demand. They are also focusing on strategies such as investments in research and development activities and new product launches.

Form and kind are the two main divisions in the market for fertiliser additives. The market is divided into granular, prilled, and powder segments based on form. The market is divided into categories based on type, including corrosion inhibitors, granulation aids, colouring agents, anti-caking agents, and others. The Middle East & Africa (MEA), South & Central America, Asia Pacific (APAC), and North America are the main geographic divisions of the fertiliser additive market.

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