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Automotive Semiconductor Market Forecast up to 2027

The continuous innovations in the field of semiconductors for wide variety of applications in passenger cars, lightweight commercial vehicle (LCV), heavyweight commercial vehicle (HCV) is attracting several automakers globally, which is paving the path for automotive semiconductors market in the current scenario. Additionally, the automotive semiconductor market is experiencing rising number of partnerships between the automakers and semiconductor manufacturers under various projects to boost the automotive semiconductor products.

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