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Analog IC for Automotive Market is expected to reach $12.4 Billion by 2028- An exclusive market research report by Lucintel

Lucintel’s latest market report analyzed that analog IC for automotive provides attractive opportunities in ADAS, in-vehicle networking, engine management, and transmission control system applications. The analog IC for automotive market is expected to reach $12.4 billion by 2028 with a CAGR of 7.1%. In this market, general purpose IC is the largest segment by type, whereas ADAS is largest by application.

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Based on type, the analog IC for automotive market is segmented into general purpose IC and application specific IC.. The general purpose IC segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to as it helps in transferring the information in a very short time while facilitating immediate response and thereby ensuring the safety of the passengers as well as the pedestrians.

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The Analog IC for Automotive Market is marked by the presence of several big and small players. Some of the prominent players offering analog IC for automotive include Infineon Technologies, Microchip Technology, NXP Semiconductor, Qualcomm Inc., Richtek Technology, Skywork Solutions, STMicroelectronics, Taiwan Semiconductor Co., Texas Instruments.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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