Sustained demand coupled with price rises translated to the automotive semiconductor market showing a strong upwards trajectory in 2021, growing by 11.9% year-on-year. With vehicle production assumed to normalize in 2022, and a strong push towards electrification driving production and associated demand, the forecasted CAAGR for automotive semiconductor dollar demand, including sensors, over 2020 to 2025 is expected to be +17.5%.
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