Connected Gateway Recovery Likely to Augment Automotive Gateway Chips Sales

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The Automotive gateway chips market is estimated to grow at a CAGR of 12% from 2021-2031, and is projected to reach US$ 5.0 Bn by 2021. Technology plays an important role in the development of automotive connected gateways and especially with the innovation of the Internet of Things, the automotive gateway chips sales is witnessing rapid growth. Increasing demand for automotive gateway chips for secure and reliable interconnections and processing data across heterogeneous vehicle networks, is expected to propel demand over the coming years.

The share in this segment comes with a wide range of opportunities including manufacturing products, distribution, retail, and marketing services. Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections for Demand of Automotive Gateway Chips Market, both at global and regional levels.

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Key Segmentation

By Type

  • Single-core Chips
  • Dual-core Chips
  • Others

By Application

  • Commercial Car
  • Passenger Car

By Region

  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • BENELUX
    • Russia
    • Rest of Europe
  • East Asia
    • China
    • Japan
    • South Korea
  • South Asia & Pacific
    • India
    • Thailand
    • Indonesia
    • Malaysia
    • Australia & New Zealand
    • Rest of South Asia & Pacific
  • Middle East & Africa
    • GCC Countries
    • Turkey
    • South Africa
    • Rest of Middle East and Africa

The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Market.

Europe Demand Outlook for Automotive Gateway Chips

The adoption of automotive technology is expected to rise considerably across small- and medium-sized businesses in Europe. Moreover, the integration of connected gateway in the automotive industry, and increasing demand for automotive gateway chips for the development of electricals vehicles are creating enormous scope across European countries like Germany, France, UK and others.

The market is expected to show sustainable growth owing to investments by international players such as NXP Semiconductors, and Texas Instruments Incorporated, among others, in the country, and government initiatives to support the growth of this automotive industry. Demand for automotive technologies is increasing due to the increasing focus on industrial automation and expanding IoT sector.

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Key Players

Some of the leading manufacturers and suppliers of automotive gateway chips include

  • Texas Instruments Incorporated
  • NXP Semiconductors
  • Infineon Technologies AG
  • Renesas Electronics Corporation
  • STMicroelectronics
  • Elektrobit Automotive GmbH
  • The ETAS Group
  • KPIT Technologies Limited and others.

What Do You Get in a Fact.MR Study?

  • Factors affecting the overall development of the global Automotive Gateway Chips Market
  • Factor that might restrain the growth of the global market in the coming years of the forecast period.
  • What is present competitive scenario of the global Automotive Gateway Chips Market and its intricate details concerning potential business prospects of leading market players
  • Pricing strategies of several different market players in the global Automotive Gateway Chips Market

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

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How Fact.MR Assists in Making Strategic Moves?

The data provided in the Automotive Gateway Chips Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.

The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

Why Choose Fact.MR?

  • Strong focus on delivering quality market reports
  • Round the clock customer service
  • Methodical and systematic approach while curating reports
  • Our aim is to help our clients meet their business targets
  • Customized reports available at affordable prices

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