Narrative: 2024 Q4 Automotive Semiconductor TAM by Powertrain Type
Discover how semiconductor demand is projected to evolve across powertrain types and application domains in the automotive industry.
In 2024, conventionally powered light duty vehicles remain the largest single category for semiconductor demand, at $31.3 billion. However, despite the recent slowdown in growth, battery electric vehicles (BEVs) remain the fastest growing. This report analyses how automotive semiconductor demand is expected to split out by each major powertrain type (Conventional, Mild Hybrid, Full Hybrid, Plug-In Hybrid, Battery Electric Vehicle and Fuel Cell Electric Vehicle) and application domain (ADAS, Body, Chassis, Conv. Engine Control, Conv. Safety, Driver Info, HEV/EV, Transmission, Zonal) of the end vehicle.