The North American automotive semiconductor market was sized at around 6.6 billion U.S. dollars in 2020, with the U.S. market responsible for more than 90 percent - some six billion U.S. dollars - of the sales in the region that year. The Canadian market for automotive semiconductors was valued at almost 600 million U.S. dollars in 2020.
By 2028, both markets are projected to more than double in size. The U.S. market is expected to be sized at some 12.6 billion U.S. dollars and the Canadian market should reach around 1.3 billion U.S. dollars in size in 2028.
Size of the market for automotive semiconductors in North America in 2020, with a forecast through 2028, by country
(in million U.S. dollars)
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Inkwood Research. (September 14, 2021). Size of the market for automotive semiconductors in North America in 2020, with a forecast through 2028, by country (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1264273/north-america-automotive-semiconductor-market-size/
Inkwood Research. "Size of the market for automotive semiconductors in North America in 2020, with a forecast through 2028, by country (in million U.S. dollars)." Chart. September 14, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1264273/north-america-automotive-semiconductor-market-size/
Inkwood Research. (2021). Size of the market for automotive semiconductors in North America in 2020, with a forecast through 2028, by country (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1264273/north-america-automotive-semiconductor-market-size/
Inkwood Research. "Size of The Market for Automotive Semiconductors in North America in 2020, with a Forecast through 2028, by Country (in Million U.S. Dollars)." Statista, Statista Inc., 14 Sep 2021, https://www.statista.com/statistics/1264273/north-america-automotive-semiconductor-market-size/
Inkwood Research, Size of the market for automotive semiconductors in North America in 2020, with a forecast through 2028, by country (in million U.S. dollars) Statista, https://www.statista.com/statistics/1264273/north-america-automotive-semiconductor-market-size/ (last visited December 21, 2024)
Size of the market for automotive semiconductors in North America in 2020, with a forecast through 2028, by country (in million U.S. dollars) [Graph], Inkwood Research, September 14, 2021. [Online]. Available: https://www.statista.com/statistics/1264273/north-america-automotive-semiconductor-market-size/
