Robotics Research
Apr 14, 2023
Electric Vehicle BMS Drives a Third of Silicon Demand
IDTechEx's new report "Semiconductors for Autonomous and Electric Vehicles 2023-2033" finds that the coming mass adoption of electric vehicles will drive a 10-year CAGR of 20.9% in semiconductors used for electric powertrains. Along with the rise of more autonomous vehicles, this will drive the overall automotive semiconductor market to a CAGR of 9.4% over the next decade.