Worldwide Automotive Se#miconductor Market Shares, 3Q23: Moderating Growth as Inventory Grows

This IDC study provides automotive semiconductor market shares for the third quarter of 2023."The automotive semiconductor market moderated in 3Q23 as inventory conditions have improved but conditions continued to vary across different products. The automotive semiconductor market remained a bright spot in the semiconductor market, growing faster than the overall semiconductor market. Economic uncertainties continue in the China market, and higher-interest rates have slowed some markets. Vehicle inventory has also recovered," says Nina Turner, research director, Semiconductors at IDC.