System Basis Chip Market set for robust growth by 2016-2024
Zion Market Research, the market research group announced the analysis report titled ‘System Basis Chip Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’
Global System Basis Chip Market: Overview
The system basis chip is a device which is a combination and implementation of the features such as voltage regulators, power saving modes, transceivers, fail-safe input outputs, and scalability. The features such as low-dropout regulator, SMPS among others are also supported by the device. The system basis chips can be found in all the automotive electronic control units (ECUs). They are mainly utilized in body control modules, climate control modules, door control units, light control units and others. The important use of the system basis chip is to reduce the current consumption through the controller area network partial networking (CAN PN).
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Global System Basis Chip Market: Segmentation
The global system basis market is segmented into vehicle type, application, and region. On the basis of the vehicle type, the market is categorized into passenger cars, HCVs, autonomous vehicles, LCVs and AGVs. Based on the application, the market is segregated into powertrain, body electronics, telematics & infotainment, safety, and chassis. Regionally, the system basis chip market is diversified into Asia Pacific, North America, Europe and Rest of the World.
Global System Basis Chip Market: Growth Factors
The increase in the automobile industry is the key driver for the market growth. Owing to the use of the system basis chips the facilities that were previously available only to high-end cars are now being made available with the low-end cars. This has increased the demand for the automobiles which in turn has increased the pressure to reduce the carbon dioxide emissions. All these factors are contributing to the growth of the system basis chip market. The rapid industrialization and urbanization in the regions have raised the standard of living of the people thus the demand for the technologically advanced cars has also increased that has improved safety features within it. Advanced features such as door control unit and climate control unit are found in the system basis chips which are being implemented in the passenger cars to improve its functioning. The factors that are restraining the market growth are the complicated circuit design which leads to the unsuspected operation and the high cost involved in its production.
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Global System Basis Chip Market: Regional Analysis
The region that dominates the system basis chip market is the North American region. The factor that attributes to this market growth is the population with high income. Owing to this the demand for technologically advanced cars has increased considerably. Europe also has a major contribution towards the market growth since Germany is the leading manufacturer of the high-tech automobiles. Asia Pacific region is also contributing its share towards the market growth owing to the rise in the income of the people and their improved standard of living.
Global System Basis Chip Market: Competitive Players
The key market players in the system basis chip market include NXP Semiconductor NV, Texas Instruments, Inc., STMicroelectronics NV, Atmel Corporation, Elmos Semiconductor AG, Infineon Technologies AG, Robert Bosch GmbH, ON Semiconductor Corp., Microchip Technology Inc., and Melexis Semiconductors.
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Global System Basis Chip Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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What Report Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market.
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