Microelectronics Power the Future of Mobility – the second part of the SEMI article how electronics enable much of autonomous, connected, electric, and shared mobility

We discuss here the estimates that the automotive software and electrical/electronic (E/E) components markets combined will grow at a 7% CAGR from USD 238 billion in 2020 to US$469 billion by 2030.

For me it is always important to note that this is not an entirely new trends but goes back to the 1970s when electronic fuel injection, ABS, and on-board computer were introduced.

The ACES trends now show great opportunity for the automotive and electronics industries to work even closer together, which is what SEMI fosters with the Global Automotive Advisory Council and the Smart Mobility initiative.

Microelectronics Power the Future of Mobility – nice write-up with my colleagues at SEMI. We are highlighting how electronics enable much of autonomous, connected, electric, and shared mobility. The numbers speak for themselves: by 2025, 14% of all integrated circuits produced globally are projected to go into vehicles.

Great opportunities for the auto and electronics industries to collaborate even more. For that, see also SEMI’s Smart Mobility initiative and the Global Automotive Advisory Council.

In the forthcoming second part, we will be adding that this is not entirely new as electronics have already contributed greatly to efficiency, safety, and convenience of automobiles since the 1970s. Stay tuned…