According to a recent report published by Allied Market Research, titled, “Automotive Semiconductor Market by Component, Vehicle Type, Propulsion Type and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global automotive semiconductor was valued at $37.99 billion in 2020, and is projected to reach $113.94 billion by 2030, registering a CAGR of 11.8% from 2021 to …
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