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The future of the automotive semiconductor market in South Korea looks promising with opportunities for passenger cars, commercial, and electric vehicles. The major growth drivers for this market are increasing vehicle production, increasing electronic content per vehicle, and growing demand for advanced vehicle safety and comfort systems.
Emerging trends, which have a direct impact on the dynamics of the automotive semiconductor industry, include the introduction of high efficiency power semiconductors, and development of smaller single–chips for radar sensors.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this automotive semiconductor market in South Korea report download the report brochure.
Automotive Semiconductor Market in South Korea by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Automotive Semiconductor Market in South Korea:
2014-2025 (US $M) (Randomized Data)
The study includes market size and forecast for the automotive semiconductor market in South Korea through 2025, segmented by component type, vehicle type, application type, and engine type, as follows:
Automotive Semiconductor Market by Component Type ($ Million from 2014 to 2025)
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Microcontrollers
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Integrated Circuits
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Sensors
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Discrete Power
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Others
Automotive Semiconductor Market by Vehicle Type ($ Million from 2014 to 2025)
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Small Cars
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Compact Cars
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Mid-Size Cars
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Large Cars
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SUVs & Crossovers
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MPVs
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Pickups
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HCVs
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Electric Vehicles
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Others
Automotive Semiconductor Market by Application ($ Million from 2014 to 2025)
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Powertrain
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Safety
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Driver Information Systems
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Body Electronics
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Chassis
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Networking/Communication
Automotive Semiconductor Market by Engine Type ($ Million from 2014 to 2025)
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ICE Vehicles
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Electric Vehicles
On the basis of its comprehensive research, Lucintel forecasts that integrated circuits is expected to remain the largest component type due to rapid vehicle electrification, increasing demand for electronics, and growth in vehicle production. The automotive sensor segment is expected to witness the highest growth during the forecast period due to the growth in advanced driver assistance system.
Lucintel forecasts that the powertrain and safety application will show above average growth during the forecast period due to the stringent government regulations for reduced vehicle emissions, and increased passenger safety.
Some of the features of “Opportunities in the Automotive Semiconductor Market in South Korea Report 2014-2025: Trends, Forecast and Competitive Analysis” Include:
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Market size estimates: Automotive semiconductor market size estimation in terms of value ($M) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by component type, vehicle type, application type, and engine type.
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Segmentation analysis: Automotive semiconductor market size by various applications such as component, vehicle, application, and engine type in terms of value and volume shipment.
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Growth opportunities: Analysis on growth opportunities in different applications for automotive semiconductor in the automotive semiconductor market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 7 key questions:
Q.1. What are some of the most promising, high growth opportunities for the automotive semiconductor market in South Korea by component type (microcontrollers, integrated circuits, sensors, discrete power, and others), vehicle type (small cars, compact cars, mid-Size cars, large cars, SUVs and crossovers, MPVs, pickups, HCVs, electric vehicles, and others), application type (Powertrain, safety, driver information systems, body electronics chassis, and networking/communication), and engine type (ICE vehicles and electric vehicles)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this automotive semiconductor market?
Q.4. What are the business risks and competitive threats in this automotive semiconductor market?
Q.5. What are the emerging trends in this automotive semiconductor market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the automotive semiconductor market?
Q.7. What are the new developments in the automotive semiconductor market? Which companies are leading these developments?