Chip, chip, hurray! – Could semiconductor players become the new Tier 1s?

Accounting for 29% of the global light vehicle component market, electronics and mechatronics is one of its major segments. This segment is expected to grow from around US$270bn in 2015 to more than US$400bn in 2025, increasing its share to 34%. Depending on their role in the value chain, there are four different types of players in this market segment: