Automotive Microcontrollers Market Splendid Growth with an Impressive CAGR Changing Business Needs [MarketWatch]
NXP Semiconductors N.V. (NXPI)
Last nxp semiconductors n.v. earnings: 4/27 05:00 pm
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Source: MarketWatch
The analysis includes market size, upstream situation, market segmentation, price & cost and industry environment. Automotive microcontrollers are integrated chips, which enable control over the automobile functioning. Compact microcontrollers comprising least component designs are integrated into automobiles for performing activities that need functionalities such as monitoring and controlling. Growing electrification of drivetrain by Tier I suppliers and OEMs is considered to significantly propel adoption of microcontrollers in automobiles in the upcoming years. Governments across the globe have introduced stringent automotive security and safety norms concerning environmental impacts of production processes and materials used for automotive microcontrollers. With increasing modernization of vehicles, demand for microcontrollers is gaining an upsurge, particularly in applications such as airbags and advanced driver assistance systems (ADAS). Moreover, continuous evolution has been
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NXPI
Earnings
- 2/5/24 - Beat
NXPI
Sec Filings
- 4/15/24 - Form ARS
- 4/15/24 - Form DEF
- 4/5/24 - Form PRE
- NXPI's page on the SEC website