Forecast: 2026 Q1 Automotive Semiconductor Demand 2023 to 2032

Auto semiconductor demand accelerates across vehicle domains as global markets target $122.4B by 2029 and sustain double‑digit growth into 2032.

This TechInsights data forecast provides the latest metrics identifying size and growth rate of the future semiconductor demand total across the Powertrain, Body, Chassis, Safety, and Driver Information application domains for the main light vehicle producing regions: North America, Japan, Europe, Russia, South Korea, China, India, Brazil, Thailand, and rest of the world. Over the five-year period from 2024 to 2029, the CAAGR is expected to be +10.6%, including semiconductor-based sensors. The global automotive semiconductor market (including semiconductor-based sensors) is expected to grow to $122.4 billion by 2029 and reach $142.7 billion by 2032.