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Automotive Semi & Precision Resistors 100+ Billion Pies in 2028

Writer：万利隆电子 Page View：Date：2023-11-10

The semiconductor chip market is expected to see robust growth, increasing from $43 billion in 2022 to $84.3 billion in 2028, with an impressive 11.9% CAGR during the period.

In 2023, each car contains around US$540 worth of semiconductor chips, which is projected to rise to about US$912 by 2028. This is driven by the adoption of ADAS and electrification, increasing the number of chips per vehicle from 850 to 1,080.

Key drivers are numerous and include electrification, requiring new substrates like SiC, advanced technology nodes as small as 16 nm/10 nm for ADAS components and a growing demand for memory, especially DRAM and computing power for Level 4 and 5 autonomous vehicles.

At the wafer level, shipments to increase from 37.4 million units in 2022 to 50.5 million in 2028. It includes memory, processors, and MCU s leading the way for 12-in. wafers. SiC devices will continue to grow due to EV/HEV adoption, while advanced nodes below 16 nm will be driven by ADAS technology. Of which Microhm Electronics Group also sense from the inflow for PO of Precision Chips resistors, like MVR series precision resistors for auto-mobiles from related end-users.

OEMs are increasingly embracing vertical integration to electrify their operations, with strategies varying by industry segment and region. Power electronics and semiconductors are vital focuses, with some OEMs making direct investments.

The adoption of ADAS is on the rise, driven by safety regulations and the pursuit of higher autonomy levels. The use of LiDAR sensors is growing, with Chinese OEMs making them more accessible in the D segment. Sensor diversity necessitates robust processors to handle data from various sources.

Next：Global Semicon Sales Up 15.2% Annually in January 2024 Prev：The Impact of Analog ICs on IoT

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Automotive Semi & Precision Resistors 100+ Billion Pies in 2028

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