Automotive Semiconductors Market: Latest Trends And Key Drivers Supporting Growth Through 2016 - 2024
Increasing safety systems, not only passive safety e.g. seat belts, but mainly by electronic such as air bags, anti-lock braking systems (ABS), electronic stability control (ECS), blind spot detection (BSD), adaptive cruise control (ACC) and lane change assist (LCA) among others. These all intelligent functions mentioned above require a semiconductor device to perform their function. The main function of a semiconductor is to conduct electricity easily in one direction among other more specific functions. Regulations regarding safety and emission will drive the market for connected components and devices in the vehicle to ensure monitoring and reporting of vehicle emission complying to the regulations set by the government. They require increasingly powerful semiconductors to ensure that vehicles’ performance is in compliance. Thus the above reason in turn is helping the market for automotive semiconductors to grow during the forecasted period from 2016 – 2024. Obtain Report Deta...