Automotive Chip Industry to Generate $121.3 Billion, Globally, by 2031 at 9.6% Compound Annual Growth Rate: Allied Market Research

The global automotive chip market is driven by factors such as an increase in demand for advanced driving assistance systems (ADAS), a rise in demand for electric vehicles, and a surge in demand for autonomous driving.  

PORTLAND, Ore., Oct. 18, 2023 /PRNewswire/ — Allied Market Research published a report, titled,Automotive Chip Market by Component (processor, analog IC, discrete power, sensor, memory, others), by Vehicle type (passenger car, light commercial vehicle, heavy commercial vehicle), by Application (powertrain, body electronics, safety systems, chassis, telematics & infotainment systems), by Propulsion Type (ICE vehicles, electric vehicles): Global Opportunity Analysis and Industry Forecast, 2021-2031.” According to the report, the global automotive chip industry generated $49.8 billion in 2021 and is anticipated to generate $121.3 billion by 2031, witnessing a CAGR of 9.6% from 2023 to 2032.  

Download Sample Pages of Research Report Overview https://www.alliedmarketresearch.com/request-sample/11775

Automotive chips, also referred to as automotive semiconductors or microcontrollers, are integrated circuits (ICs) specifically designed for automotive applications. Automotive chips are essential components of modern automotive systems, enabling the control and management of a variety of functions within a vehicle. 

 Prime Determinants of Growth: 

The global automotive chip market is driven by factors such as an increase in demand for advanced driving assistance systems (ADAS), a rise in demand for electric vehicles, and a surge in demand for autonomous driving. However, the complexity of design and high manufacturing costs are hampering the automotive chip market growth. On the contrary, increased focus on cyber security, and an increase in demand for connected cars are expected to offer remunerative opportunities for expansion of the automotive chip market during the forecast period. 

Leading Market Players in Automotive Chip Industry: – 

  • Analog Devices, Inc. 
  • Infineon Technologies AG 
  • NVIDIA Corporation 
  • NXP Semiconductors 
  • Renesas Electronics Corporation 
  • Robert Bosch GmbH 
  • ROHM CO. 
  • LTD, STMICRO Electronics 
  • Texas Instruments Incorporated 
  • TOSHIBA CORPORATION 

The report provides a detailed analysis of these key players in the global automotive chip market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Procure Complete Research Report Now – https://www.alliedmarketresearch.com/automotive-chip-market/purchase-options  

Car Chip Industry Report Coverage & Details: 

Report Coverage 

Details 

Forecast Period 

2022–2031 

Base Year 

2021

Market Size in 2021 

$49.8 Billion 

Market Size in 2031 

$121.3 Billion 

CAGR 

9.6 %

No. of Pages in Report 

294

Segments Covered 

Product, Application, Propulsion Type, and Region 

Drivers  

Increase in demand for advanced driving assistance system (ADAS)  

Rise in demand for electric vehicle 

Surge in demand for autonomous driving 

Opportunities 

Increased focus on cybersecurity 

Rise in demand for connected cars 

Restraints 

Complexity of design  

High manufacturing costs 

COVID-19 Scenario: 

  • Due to the COVID-19 pandemic and the subsequent global lockdowns, the automotive chip market faced a downturn. 
  • However, as the global situation has recovered, the demand has increased for EVs
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Ghosn sues Nissan for $1 billion, over funds and track record

The lawsuit also tends to make claims towards at least a dozen people, like:

  • Hari Nada, a Nissan employee observed as a person of the crucial instigators of the plot to oust Ghosn
  • Hidetoshi Imazu and Hitoshi Kawaguchi, two senior Nissan managers with early involvement in Nissan’s steps in opposition to Ghosn
  • Toshiaki Onuma, a manager in the CEO’s office environment, who along with Nada, agreed to cooperate with Japanese prosecutors to steer clear of prosecution
  • Masakazu Toyoda and Motoo Nagai, two Nissan board customers

A spokesperson for Nissan claimed the enterprise will not be commenting on the matter.

The lawsuit features other people today and entities, which have not still been served, according to Ghosn’s legal agent. Lebanon’s community prosecutor has set a listening to for September. Authorities in Lebanon can ask for cooperation from their Japanese counterparts to examine Ghosn’s assertions.

It’s not distinct irrespective of whether Japan’s judicial system, which Ghosn has stated is “rigged” and “violates the most primary concepts of humanity,” would be eager to cooperate with authorities in Lebanon, which does not extradite its citizens.

In 2020, a UN panel discovered that Ghosn’s detention in a Japanese jail for a lot more than 100 times was neither vital nor realistic and violated his rights. The conclusion to arrest Ghosn four moments in a row so as to prolong his detention was “basically unfair,” in accordance to the United Nations Human Legal rights Council’s Functioning Group on Arbitrary Detention.

The 18-site declare consists of Ghosn’s plan to carry Nissan, Renault and Mitsubishi Motors below a grand alliance with Fiat Chrysler, which he says fueled problems inside of Nissan in early 2018 that he was searching for to make the partnership irreversible.

Nada and others then laid the groundwork to have Ghosn arrested in buy to get rid of him from Nissan and the alliance, according to Ghosn.

Ghosn also described his intentions for having a voluntary shell out cut in 2011 after new disclosure regulations in Japan triggered initiatives to uncover lawful implies to keep and spend him in the course of retirement. These plans finally grew to become the basis for the arrest of Ghosn and Greg Kelly, a previous Nissan director who was concerned in the income conversations.

A demo verdict previous 12 months exonerated Kelly of most prices and imposed a good on Nissan.

VW, Ford, GM task features

Ghosn described how he gained task presents from Volkswagen Team, Ford and a extra lucrative wage to join Standard Motors but made a decision to remain with the alliance subsequent the 2008-2009 world-wide economic disaster.

He said the initiatives inside of Nissan to uncover strategies to compensate and maintain him had been criminalized for the reason that that was the only “usually means identified by the conspirators to get rid of him as the chairman of the board of administrators.”

Nada and some others then waged a “defamation campaign to tarnish his image,” Ghosn asserts in the lawsuit. The

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$19+ Billion Worldwide Printed Electronics Industry to 2031

Company Logo

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Global Printed Electronics Market

Global Printed Electronics Market

Global Printed Electronics Market

Dublin, Jan. 20, 2023 (GLOBE NEWSWIRE) — The “Printed Electronics Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global printed electronics market.

This report focuses on printed electronics market which is experiencing strong growth. The report gives a guide to the printed electronics market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.

  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.

  • Create regional and country strategies on the basis of local data and analysis.

  • Identify growth segments for investment.

  • Outperform competitors using forecast data and the drivers and trends shaping the market.

  • Understand customers based on the latest market research findings.

  • Benchmark performance against key competitors.

  • Utilize the relationships between key data sets for superior strategizing.

  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Major players in the printed electronics market are Molex, LLC, Agfa-Gevaert Group, Palo Alto Research Center Incorporated (PARC), DuPont de Nemours, Inc., Nissha Co., Ltd., BASF, NovaCentrix, E Ink Holdings Inc., Thin Film Electronics ASA, Enfucell Flexible Electronics Ltd, GSI Technologies Inc, Printed Electronics Ltd, InnovationLab GmbH, Elantas, and QUAD Industries.

The global printed electronics market is expected to grow from $7.94 billion in 2021 to $9.54 billion in 2022 at a compound annual growth rate (CAGR) of 20.0%. The printed electronics market is expected to reach $19.06 billion in 2026 at a CAGR of 18.9%.

The printed electronics market consists of sales of printed electronics products by entities (organizations, sole traders, and partnerships) that are used to produce various kinds of electronic goods, such as electronic circuits, displays, antennas, electronic skin patches, and sensors. Printed electronics involve the use of technology that enables the manufacturing of electronic devices that are thinner and wearable. Printed electronics are precise and produced in a cost-effective manner. Printed electronics offer the benefit of creating devices, sensors on a variety of substrates, and also uniquely shaped devices that can be integrated into existing products.

The main technologies used in printed electronics include inkjet, screen, gravure, and flexographic. The inkjet printing technology is non-contact and uses droplets of ink of diameter between 10 to 150 m that are contained in a fluid channel for printing. This technology is beneficial as it has been widely used in production and prototyping, and is cost-efficient as it allows for the additive deposition of thin line circuits on a range of substrates only where needed.

The materials used in printed electronics include ink and substrate. They are used in the manufacturing

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Automotive Repair and Service Market to Reach $1,656.21 Billion by 2031: Allied Market Research

Allied Market Research

Allied Market Research

Surge in automobile sales, increase in standard of living among people, rapid urbanization, rise in need for aftersales automotive services, and prevalence of stringent government regulations to replace or upgrade vehicle components are expected to drive the growth of the global automotive repair and service market. Closed manufacturing facilities, presence of transportation restrictions from governments, and temporary stoppage of services due to social distancing restrictions during the pandemic had a negative impact on the market.

Portland, OR, Sept. 28, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global automotive repair and service market generated $789.8 billion in 2021, and is projected to reach $1,656.21 billion by 2031, growing at a CAGR of 7.6% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

Download FREE Report Sample (331 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/5156

Automotive Repair and Service Industry Report Coverage & Details:

Report Coverage

Details

Forecast Period

2022­–2031

Base Year

2021

Market Size in 2021

$789.8 billion

Market Size in 2031

$1,656.21 billion

CAGR

7.6%

No. of Pages in Report

331

Segments Covered

Type, Service Provider, Vehicle Type, Propulsion Type, And Region.

Drivers

Increase in the standard of living

Surge in automobile sales

Opportunities

Rise in need for aftersales automotive services

Prevalence of stringent government regulations to replace or upgrade vehicle components

Restrains

Volatile prices of raw materials

Surge in demand for shared mobility

COVID-19 Scenario:

  • The outbreak of COVID-19 pandemic has had a negative impact on the growth of the global automotive repair and service market, owing to the occurrence of lockdowns in various countries around the globe.

  • Lockdowns resulted in the closure of various manufacturing facilities, including those in the automotive sector, which resulted in decreased automobile sales. This further adversely impacted the demand for the automobile repair and service market.

  • In addition, all types of shops, service, and automobile customization centers were closed down due to the stringent social distancing restrictions imposed by the government. These regulations were imposed so as to curb the spread of the virus during the pandemic.

The report offers detailed segmentation of the global automotive repair and service market based on type, service provider, vehicle type, propulsion type, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on the fastest growing segments and highest revenue generation that is mentioned in the report.

Based on type, the mechanical segment held the largest market share in

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Hyundai stated to system up to 6 EVs in new $5.5 billion Ga plant

ELLABELL, Ga. — Hyundai Motor Group — solidly No. 2 in the U.S. electric motor vehicle market in the first quarter — will plow $5.5 billion into its first devoted EV manufacturing facility in the world in this Georgia town, the South Korean automaker claimed Friday. Suppliers will invest an extra $1 billion.

The plant, about 30 miles northwest of Savannah, Ga., is a cornerstone of Hyundai’s lengthy-term expense in electric powered automobiles, and would make it the initially Asian automaker to commit a North American plant completely to EV output. All autos manufactured there will be offered in the U.S.

Along with the new plant, the automaker is scheduling to create a battery-production manufacturing unit with a joint husband or wife, the automaker’s CEO informed Automotive News. An announcement will occur “shortly.”

Hyundai Global COO José Muñoz, who is also the head of the automaker’s North American operations, verified that up to six versions will be constructed there by 2028, and that the manufacturing facility will make a blend of products. A provide chain field source who requested not to be discovered earlier informed Automotive News that the factory is anticipated to start with the Hyundai Ioniq 7 in 2025. The resource said that the production of a Kia EV pickup could start off in the initially half of 2026, followed by a Hyundai manufacturer compact EV pickup in the 2nd 50 percent. Genesis EV output is also planned.

This new factory represents “the foreseeable future of our organization,” Hyundai Motor Co. CEO Jaehoon Chang advised an audience collected right here. “You will support us to meet up with expanding requires of our U.S. buyers.”

“The transition into the U.S. marketplace will be significantly more quickly than we have predicted ahead of. So we are likely to be on the front,” Chang stated in an interview following the announcement. “That is why we are seeking to do something quicker than anybody else.”

The Hyundai team — maker of the Hyundai, Kia and Genesis brand names — has pledged $16 billion globally by way of 2030 for EVs. Kia Corp. has earmarked about half of its 5-calendar year, $22 billion financial commitment funds to long term jobs, this kind of as EVs.

The group is targeting once-a-year product sales of much more than 3 million EVs globally by 2030. The Hyundai and Genesis manufacturers are producing 17 battery-electric powered designs globally by 2030, and Kia plans a lineup of 14 EVs by 2027.

In the U.S., Hyundai sells the Kona Electric and Ioniq 5 crossovers, Kia sells the Niro EV and EV6 crossovers, and Genesis just introduced the GV60, which shares a devoted EV system with the Ioniq 5 and EV6. By future year, Hyundai will add an electrical sedan, Kia will start a a few-row electric powered crossover, and Genesis will add electrical versions of the G80 sedan and GV70 crossover.

Hyundai did not say which models would be built at the new manufacturing facility, but the automaker

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