According to a market report by Lucintel, the future of the global automotive assist system chip sale market looks promising with opportunities in the passenger vehicle and commercial vehicle markets. The global automotive assist system chip sale market is expected to grow with a CAGR of 7.2% from 2025 to 2031. The major drivers for this market are the rising demand for advanced driver assistance systems, the growing shift towards electric vehicles and the increasing consumer preferences for safety features.
A more than 150-page report to understand trends, opportunity and forecast in automotive assist system chip sale market to 2031 by type (analog and digital), application (passenger vehicles and commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, multi-channel is expected to witness higher growth over the forecast period due to its greater flexibility and efficiency.
Within the application category, industrial monitoring is expected to witness the highest growth.
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In terms of region, North America is expected to witness the highest growth over the forecast period due to growing agricultural modernization.
Qualcomm, Renesas Electronics, Intel, NVIDIA, STMicroelectronics, Analog Devices, Infineon Technologies, Rohm, NXP Semiconductors, Texas Instruments are the major suppliers in the automotive assist system chip sale market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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