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The automotive semiconductor market is experiencing several trends that are shaping the future of the industry. One of the most significant trends is the growing demand for electric components and hybrid vehicles. As the world focuses more on sustainable forms of transportation, the need for electric and hybrid vehicles is increasing, which is driving demand for semiconductor technology. These vehicles require advanced semiconductor components such as power electronics, microcontrollers, and sensors that enable the efficient operation of electric components powertrains and battery management systems.
