By 2027, the automotive semiconductor market will experience significant growth in logic, memory, microprocessors, analog, optoelectronics, discrete devices, and sensors.
Automotive memory revenue will exceed $7 billion by 2027 to accommodate larger volumes of source code, map data, media content and log information, while high-speed interface technologies such as PCIe and UFS facilitate real-time data processing and instant feedback.
Automotive microprocessor revenue is expected to exceed $15 billion by 2027. As vehicle functions become more complex, MCUs and MPUs require more computing power to process large amounts of data and execute complex algorithms. An increasing number of MCUs and MPUs are tailored for specific automotive applications.
Automotive simulation revenue will exceed $17 billion by 2027. These chips will integrate additional features to achieve lower noise, higher accuracy and faster response.
Automotive Semiconductors: Various Market Segments
Automotive logic revenue will exceed $8 billion by 2027, driven by demand for HPC, autonomous driving, and ADAS.
The market size of automotive optoelectronic devices is expected to exceed US$8 billion by 2027. Optoelectronic devices will develop towards high performance, high precision, high integration and high cost performance.
Automotive discretes revenue will exceed $11 billion by 2027. These devices will have higher efficiency, higher power density and miniaturization. Discrete devices made from wide bandgap materials such as silicon carbide and gallium nitride are becoming increasingly popular due to their superior efficiency and high temperature resistance.
Automotive sensor revenue will exceed $9 billion by 2027. Automotive sensors are developing towards integration and intelligence, which can not only collect data, but also perform preliminary data analysis and processing, thereby improving response speed and accuracy.
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