Automotive Semiconductor Market Size, Share, and Analysis, By Component (Processor, Analog IC, Discrete Power Device, Sensor, and Others), By Vehicle Type (Passenger Car, LCV, HCV, and Others), By Fuel Type (Gasoline, Diesel, EV/HEV), By Application (Powe

Automotive Semiconductor Market Size, Share, and Analysis, By Component (Processor, Analog IC, Discrete Power Device, Sensor, and Others), By Vehicle Type (Passenger Car, LCV, HCV, and Others), By Fuel Type (Gasoline, Diesel, EV/HEV), By Application (Powertrain, Safety, Chassis, Telematics & Infotainment, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034


Automotive Semiconductor Market Size, Share, and Analysis, By Component (Processor, Analog IC, Discrete Power Device, Sensor, and Others), By Vehicle Type (Passenger Car, LCV, HCV, and Others), By Fuel Type (Gasoline, Diesel, EV/HEV), By Application (Powertrain, Safety, Chassis, Telematics & Infotainment, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

PRODUCT OVERVIEW

Automotive Semiconductor Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 61.4 billion and is projected to reach USD 179 billion by the completion of 2034.

Automotive semiconductor is an essential component in contemporary vehicles, which serves as the central processing unit for electronic systems installed within vehicles. These semiconductors are often integrated into microcontrollers and have a significance in providing functionalities such as engine control, safety features, and infotainment. Additionally, they act as a neurological hub, which is used to process data and enable seamless connection between various vehicle components. This electronic intelligence is important for driving modern automotive innovations, thereby enabling technologies that improve vehicle performance, efficiency, and its safety. Moreover, the need for complex automotive semiconductors is rising with the developing technology, which is encouraging the production of connected and smart automobiles. Therefore, these semiconductors serve as a major catalyst, which is used to power the sophisticated electronic ecosystems of automobiles and improves the driving experience.

MARKET HIGHLIGHTS

Automotive Semiconductor Market is projected to reach USD 179 billion over the forecast period, owing to the growing integration of advanced electronics in vehicles. The surge in demand for semiconductors within the automotive sector is attributed to the rising adoption of electric vehicles and autonomous driving technologies. Moreover, continuous developments in safety systems, infotainment, and vehicle efficiency contribute to the expanding market ecosystem. This shift towards smart and connected vehicles intensifies the requirement for advanced semiconductors, which further drives innovation in the industry. Additionally, the global automotive semiconductor market experience intense competition among major players that are striving to address the demands of automakers. Furthermore, the advent of modern technologies such as artificial intelligence, machine learning, and 5G connectivity further pushes the growth of the market. Therefore, with a focus on improving performance, along with safety and driving experiences, the automotive semiconductor market will witness continuous growth and technological developments.

Automotive Semiconductor Market Segments:
  • By Component
  • Processor
  • Analog IC
  • Discrete Power Device
  • Sensor
  • Others
  • By Vehicle Type
  • Passenger Car
  • LCV
  • HCV
  • Others
  • By Fuel Type
  • Gasoline
  • Diesel
  • EV/HEV
  • By Application
  • Powertrain
  • Safety
  • Chassis
  • Telematics & Infotainment
  • Others
MARKET DYNAMICS

Growth Drivers

Rising Popularity of Electric Vehicles (EVs) Generates Growth Opportunities

Innovations in Self-Driving Technologies will Result in Market Expansion

Restraint

Supply Chain Disruptions to Prevent Industry Growth

Key Players
  • Intel Corporation
  • Qualcomm Technologies, Inc.
  • NVIDIA Corporation
  • Texas Instruments Incorporated
  • NXP Semiconductors N.V.
  • STMicroelectronics N.V.
  • Infineon Technologies AG
  • Renesas Electronics Corporation
  • ON Semiconductor Corporation
  • Analog Devices, Inc.
  • Microchip Technology Inc.
  • ROHM Semiconductor
  • Cypress Semiconductor Corporation
  • Maxim Integrated
  • Samsung Electronics Co., Ltd.
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*


1. Executive Summary
1.1. Regional Market Share
1.2. Business Trends
1.3. Automotive Semiconductor Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1. Market Definition
3.2. Automotive Semiconductor Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. Automotive Semiconductor Market – Industry Insights
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7. Market Dynamics
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8. Risk Analysis
9. Market Analysis
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10. Automotive Semiconductor Market
10.1. Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. Automotive Semiconductor Market Size & Forecast 2024A-2034F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Component
11.3.1.1. Processor
11.3.1.1.1. By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2. Analog IC
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2. Market Share (%) 2024-2034F
11.3.1.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.3. Discrete Power Device
11.3.1.3.1. By Value (USD Million) 2024-2034F
11.3.1.3.2. Market Share (%) 2024-2034F
11.3.1.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.4. Sensor
11.3.1.4.1. By Value (USD Million) 2024-2034F
11.3.1.4.2. Market Share (%) 2024-2034F
11.3.1.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.5. Others
11.3.1.5.1. By Value (USD Million) 2024-2034F
11.3.1.5.2. Market Share (%) 2024-2034F
11.3.1.5.3. Y-o-Y Growth (%) 2024-2034F
11.3.2. By Vehicle Type
11.3.2.1. Passenger Car
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2. Market Share (%) 2024-2034F
11.3.2.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.2. LCV
11.3.2.2.1. By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.3. HCV
11.3.2.3.1. By Value (USD Million) 2024-2034F
11.3.2.3.2. Market Share (%) 2024-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.4. Others
11.3.2.4.1. By Value (USD Million) 2024-2034F
11.3.2.4.2. Market Share (%) 2024-2034F
11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.3. By Fuel Type
11.3.3.1. Gasoline
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2. Market Share (%) 2024-2034F
11.3.3.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Diesel
11.3.3.2.1. By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.3. EV/HEV
11.3.3.3.1. By Value (USD Million) 2024-2034F
11.3.3.3.2. Market Share (%) 2024-2034F
11.3.3.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.4. By Application
11.3.4.1. Powertrain
11.3.4.1.1. By Value (USD Million) 2024-2034F
11.3.4.1.2. Market Share (%) 2024-2034F
11.3.4.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.2. Safety
11.3.4.2.1. By Value (USD Million) 2024-2034F
11.3.4.2.2. Market Share (%) 2024-2034F
11.3.4.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.3. Chassis
11.3.4.3.1. By Value (USD Million) 2024-2034F
11.3.4.3.2. Market Share (%) 2024-2034F
11.3.4.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.4. Telematics & Infotainment
11.3.4.4.1. By Value (USD Million) 2024-2034F
11.3.4.4.2. Market Share (%) 2024-2034F
11.3.4.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.5. Others
11.3.4.5.1. By Value (USD Million) 2024-2034F
11.3.4.5.2. Market Share (%) 2024-2034F
11.3.4.5.3. Y-o-Y Growth (%) 2024-2034F
12. North America Automotive Semiconductor Market Size & Forecast 2024A-2034F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Component
12.3.2. By Vehicle Type
12.3.3. By Fuel Type
12.3.4. By Application
12.4. Country
12.4.1. United States
12.4.2. Canada
13. Europe Automotive Semiconductor Market Size & Forecast 2024A-2034F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Component
13.3.2. By Vehicle Type
13.3.3. By Fuel Type
13.3.4. By Application
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. Asia-Pacific Automotive Semiconductor Market Size & Forecast 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Component
14.3.2. By Vehicle Type
14.3.3. By Fuel Type
14.3.4. By Application
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. Middle East and Africa Automotive Semiconductor Market Size & Forecast 2024A-2034F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Component
15.3.2. By Vehicle Type
15.3.3. By Fuel Type
15.3.4. By Application
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16. Latin America Automotive Semiconductor Market Size & Forecast 2024A-2034F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Component
16.3.2. By Vehicle Type
16.3.3. By Fuel Type
16.3.4. By Application
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. Competitive Landscape
17.1. Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1. Intel Corporation
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Qualcomm Technologies, Inc.
18.3. NVIDIA Corporation
18.4. Texas Instruments Incorporated
18.5. NXP Semiconductors N.V.
18.6. STMicroelectronics N.V.
18.7. Infineon Technologies AG
18.8. Renesas Electronics Corporation
18.9. ON Semiconductor Corporation
18.10. Analog Devices, Inc.
18.11. Microchip Technology Inc.
18.12. ROHM Semiconductor
18.13. Cypress Semiconductor Corporation
18.14. Maxim Integrated
18.15. Samsung Electronics Co., Ltd.
18.16. Other Prominent Players
19. Appendix
20. Consultant Recommendation

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings