Key Findings
The North America automotive semiconductor market growth is predicted to progress at a CAGR of 9.82% during the forecast period, 2022-2030. There is fast-paced development of autonomous features, with the growing demand for light commercial vehicles and passengers. Also, the presence of major market players contributes to market growth.

Market Insights
The United States and Canada are assessed for the North America automotive semiconductor market growth analysis. Canada’s automotive industry is part of the Great Lakes automotive manufacturing cluster, which is the largest vehicle-producing region in North America. The country is also one of the world’s top light vehicle producers. In addition, Canadian companies are leading innovations in transformative automotive technologies. Moreover, the expertise in emerging technologies has led to major investments in connected and autonomous vehicle research from global OEMs like Ford and GM.
Furthermore, the vibrant tech industry is driven by expertise in artificial intelligence (AI) that includes neural networks, computer vision, deep learning, and machine learning. Also, the automotive sector is facing a shortage of semiconductor chips. Statistics Canada data showed a 10.2% decrease in vehicle and parts exports in February 2021. Such factors constitute the Canadian automotive semiconductor market.

Competitive Insights
Some of the major firms operating in the market include Intel Corporation, Microchip Technology Incorporated, Rohm Co Ltd, Micron Technology Inc, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments