North America Automotive Semiconductor Market Size, Trends, Applications, and Industry Strategies
submitted 4 months ago by industryanalysis to business
The North American automotive semiconductor market is expected to witness notable growth during the forecast period 2019–2024, owning to the growing industry focus on safety regulations for automobiles, especially with respect to the incorporation of advanced lane departure warning systems, airbags, and electronic braking systems. Additionally, the increasing adoption of new vehicle technologies, such as electric vehicles and autonomous vehicles, is enhancing the growth prospects for the market.