Worldwide Semiconductor Automotive Ecosystem and Supply Chain

According to IDC’s Worldwide Semiconductor Automotive Ecosystem and Supply Chain, IDC expects unprecedented growth in the global automotive semiconductor market as the automotive sector progresses toward digitalization and intelligence. IDC predicts escalating demand for semiconductors such as high-performance computing (HPC) chips, image processing units (IPUs), radar chips, and lidar sensors along with the popularity of advanced driver assistance system (ADAS), electric vehicles (EV), and Internet of Vehicles (IoV).
These technological advancements enhance automotive safety and bring new growth opportunities for the semiconductor industry. According to IDC, the demand for automotive semiconductors will rise substantially in the coming years.

Globally, the vehicle emission restrictions and supportive policies for new energy vehicles by governments around the world have further fuelled the market demand for EVs and hybrid electric vehicles (HEVs). Particularly in China, Europe, and North America, stringent environmental standards and policy backing are propelling rapid development in this field.