Early signs suggest that the semiconductor supply will remain tight in thecoming yearsThe automotive semiconductor market isAs a result,some semiconductor supplyexpected to grow by more than 9%annuallychallenges are expected to persist through 2026.through 2030.Shortages of analog chips and MEMS may persist givenThe adoption of electric vehicles (EVs)and advanceddriver-assistance systems (ADAS)will substantiallyDiscrete-power chips may experience additional demandincrease the semiconductor content in vehicles,evenpressure with the adoption of 800-olt vehicles;there mayas production volume remains steady.be insufficient wide-bandgap manufacturing capacity toBattery electric vehides (BEVs),which are expected tomeet demand.have the highest market share among EVs by 2026,haveApproximately 50%of future fabrication capacity istwice the semiconductor content of internal combustionplanned in mainland China,which will increase risk if theengine (ICE)vehides,owing to the need forplanned capacity does not come online or is inaccessiblediscrete-power and analog chips.to Western OEMs and Tier 1 suppliers.ADAS Level 2+is expected to gain the largest marketAutomotive demand growth will be highest for logic chipsshare among assistance systems.Each additional level ofmade on 20nm to 45nm nodes in order to meet thesophistication exponentially increases the need forincreasing computing needs of centralizedmemory and logic computing.electrical/electronic architectures;we expect this to easedemand pressure on mature node sizes larger than 55nm.