Sustained demand due to ongoing supply chain constraints coupled with price rises will mean the automotive semiconductor market will show a strong upwards trajectory in 2021, growing by 12.4% year-on-year. With vehicle production assumed to normalize in 2022, and a strong push towards electrification driving production and associated demand across all regions, the forecasted CAAGR for automotive semiconductor dollar demand, over 2020 to 2025 is forecast to be +17.4%.
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