How Advanced Driver-Assistance Systems Are Driving Semiconductor...

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2025-12-11 20:21:05

How Advanced Driver-Assistance Systems Are Driving Semiconductor Demand

The global automotive chip market is entering a transformative decade as vehicles become more intelligent, connected, and electrified. Valued at US$ 72.6 Bn in 2023, the industry is projected to expand at a CAGR of 6.4% from 2024 to 2034, reaching US$ 146.7 Bn by 2034. This surge is powered by massive adoption of electric vehicles (EVs), rapid integration of advanced driver-assistance systems...

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