IDTechEx estimates that the demand for automotive semiconductor chips will double in the next 10 years.

(Reuters)

[Financial Channel/Comprehensive Report] Japanese media "Newswitch" reported on the 25th that the British research company IDTechEx predicts that in the next 10 years, the demand for automotive semiconductor chips will double, and it will rely more on wafer foundries for production.

IDTechEx compiled a forecast report on automotive semiconductors from 2023 to 2033, pointing out that with the popularization of CASE (Connected, Autonomous, Shared & Services, Electric electrification), it is estimated that in the next 10 years, the automotive MCU The demand will grow at an average annual rate of 9.4%, especially the average annual growth rate of chips for advanced driver assistance systems (ADAS) and autonomous driving is expected to reach 29%.

As a result, demand for automotive semiconductors is expected to nearly double in 10 years starting this year.

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In addition, the report also pointed out that in the field of optical radar "LiDAR", the demand for non-silicon chips such as indium gallium arsenide (InGaAs) and gallium nitride (GaN) is also accelerating.

In view of the demand for high performance, automotive chips will become fabless, and the dependence on foundries will further increase.

IDTechEx said that just like Tesla in the United States designed its own ADAS control chip and outsourced production, car factories will start to design their own chips in the future, and the semiconductor supply chain will change accordingly.

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