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Automotive Semiconductor Sector Rises with Expanding EV Production | #automotive semiconductor market

Automotive Semiconductor Sector Rises with Expanding EV Production

Automotive Semiconductor Sector Rises with Expanding EV Production

The global automotive semiconductor market size was valued at USD 43.24 billion in 2023 and is projected to grow from USD 46.43 billion in 2024 to USD 80.75 billion by 2031, exhibiting a CAGR of 8.23% during the forecast period.