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Author: Asif Anwar
Publication Date: Jul 25 2023
Pages: 8
Report Type: Regional Data Table, Excel
Electric Vehicles Service

West Europe xEV System, Semiconductor and Sensor Demand Forecast 2021 to 2030 - July 2023

Report Summary:

This TechInsights data model presents a view of the West Europe outlook for xEV systems and associated semiconductor and sensor demand. Despite the uncertainties and challenges posed by the Ukraine conflict, semiconductor shortages and a slowing domestic and global economy, the push towards electrification and battery electric vehicles in particular is not slowing down with volume demand continuing to grow. This will help to sustain demand for xEV semiconductor and sensor components, and the market will grow at a CAAGR of 25% over 2022 - 2027, from $1.5 billion to $4.45 billion. The continued momentum will push market demand to $5.8 billion by 2030.
Table of Contents

Total EV-HEV
Total Mild Hybrid
Total Full Hybrid
Total Plug-in Hybrid
Total Battery EV
Electronics System Data
Semiconductor Data

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Electric Vehicles

Governments and environmentalists alike continue to push, rightfully so, to create cleaner methods of transport. But can electric vehicles fill that requirement? How can consumers be persuaded to switch? And is the automotive supply chain actually ready for this change?

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