target audience: TECH SUPPLIER Publication date: May 2023 - Document type: Market Share - Doc Document number: # US50014923
Worldwide Automotive Semiconductor Market Shares, 4Q22 and 2022: Continued Growth as Leaders Gain Share
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Abstract
This IDC study provides automotive semiconductor market shares for 2022.
"The automotive semiconductor market in 2022 was a bright spot in the semiconductor market, growing significantly faster than the overall semiconductor market. However, growth continues to moderate quarter over quarter as supply has improved and OEMs fill their inventory. Economic uncertainties will slow growth in 2023 as consumer confidence negatively impacts the automotive market," says Nina Turner, research director, Edge AI Processor Architectures Program at IDC. "Automotive semiconductor vendors gained share as OEMs continue to use trusted partners. However, nontraditional automotive semiconductor vendors will continue to gain traction in the software-defined vehicle."