Europe Automotive Semiconductor Fabrication Trends 2027 Automotive Semiconductor market in Europe is expected to grow from US$ 9,257.4 Mn in 2017 to US$ 17,613.0 Mn by the year 2027. This represents a CAGR of 6.6% from the year 2018 to 2027. Get Full Report: https://www.businessmarketinsights.com/reports/europe-automotive-semiconductor-market Continuous Partnership of Automotive OEMs with Semiconductor Manufacturers is fueling the Europe automotive semiconductor market. The automotive industry across the globe are constantly facing pressures to integrate their vehicles with advanced electronics and semiconductor components in order to enhance the performance of the vehicles. The rising drift of electrification of vehicles is a major factor boosting the semiconductor market in automotive industry. Attributing to this, the automobile manufacturers are increasingly partnering with semiconductor manufacturers to meet the demands of their customers. For instance, in January 2018, Audi AG partnered with ON Semiconductor, to foster On Semiconductor’s innovations and integrate their semiconductors on their newer models, thereby satisfying constantly changing expectations of the consumers in terms of safety, reliability, and performance. This factor has created a potential market space for Europe automotive semiconductor market. Get a sample PDF of the report – https://www.businessmarketinsights.com/sample/TIPRE00003755?utm_source=Blog&utm_medium=10640 #AutomotiveSemiconductors #AutoChips #EVTechnology #ADAS #VehicleElectronics #SemiconductorMarket #AutomotiveInnovation #ElectricVehicles #AutonomousDriving #ConnectedCars #CarTech #ChipSupplyChain #MobilityTech #STMicroelectronics #Infineon #NXP #2031Outlook #SmartVehicles #AutoIndustry #VehicleSafety

The Evolution of Automotive Lead Acid Tech in the EU 2028 Get a sample PDF of the report – https://www.businessmarketinsights.com/sample/TIPRE00023552?utm_source=Blog&utm_medium=10640 The automotive lead acid battery market in Europe is expected to grow from US$ 4,296.50 million in 2021 to US$ 5,732.39 million by 2028; it is estimated to grow at a CAGR of 4.2% from 2021 to 2028. Get Full Report: https://www.businessmarketinsights.com/reports/europe-automotive-lead-acid-battery-market The automobile industry is a cornerstone of Europe’s economic progress. The European Union is one of the leading global producers of vehicles, and the automotive sector is the largest private contributor to research and development (R&D), accounting for 29% of total R&D expenditure. The European Commission actively supports global technical harmonization and provides funding for R&D to enhance the competitiveness and innovation capacity of the EU automotive industry. One of the key drivers of the European automotive lead-acid battery market is the robust automotive sector. As of October 2019, Europe had over 260 million passenger vehicles, 30 million buses, and 4 million trucks on its roads. Each year, the market sees the addition of around 15 million new cars and 200,000 to 220,000 new trucks, all of which rely on lead-acid batteries for starting, lighting, and ignition (SLI) functions.