Worldwide Automotive Semiconductor Competitive Landscape, 1H24
This IDC Market Perspective explores the worldwide automotive semiconductor competitive landscape, analyzes development trends, and provides suggestions to automotive semiconductor players."The automotive semiconductor market is witnessing rapid growth and significant transformation driven by advancements in electric vehicles (EVs), autonomous driving technologies, connectivity, and safety requirements. The top 5 players in this sector are setting benchmarks through strategic actions that bolster their competitive advantages," says Adela Guo, senior research director, IDC Asia/Pacific. "Companies should establish their development strategy, engage in strategic acquisitions and partnerships, focus on innovation, optimize manufacturing and supply chain, and expand geographical presence and influence to have an advantage in the fierce competition," she adds.
Executive Snapshot
New Market Developments and Dynamics
Competitive Landscape
Market Share
Top Players
Infineon Technologies
Product Portfolio
Development Dynamics: Infineon and ZF Codeveloped AI Algorithms to Optimize Software and Control Units for Driving Dynamics
NXP Semiconductors
Product Portfolio
Development Dynamics: NXP Won Certification from Car Connectivity Consortium for Accelerates Digital Car Keys
STMicroelectronics
Product Portfolio
Development Dynamics: STMicroelectronics Is Going to Build a Fully Integrated Silicon Carbide Facility in Italy
TI
Product Portfolio
Development Dynamics: TI Is Going to Receive About US$1.6 Billion in CHIPS and Science Act from Texas And Utah
Renesas Electronics
Product Portfolio
Development Dynamics: Renesas Announced Successful Acquisition of Altium
Advice for the Technology Supplier
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Synopsis
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