Europe Automotive Semiconductor Market 2024-2032

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $1,500	122 Pages	Triton Market Research	July, 2024	TRTN19011175

Best Price Guarantee
Price	from $1,500
Length	122 Pages
Publisher	Triton Market Research
Published Date	July, 2024
SKU	TRTN19011175

Europe Automotive Semiconductor Market 2024-2032

As per Triton’s report, the Europe automotive semiconductor market is anticipated to progress in revenue at a CAGR of 7.44% during the forecast period 2024-2032.

The automotive semiconductor market in Europe is experiencing significant growth, boosted by several strategic initiatives and substantial investments. One of the key drivers of this growth is the European Chips Act, which aims to enhance Europe’s competitiveness and resilience in semiconductor technology. The Act mobilizes over €43 billion in public and private investments to support large-scale technological capacity building, innovation, and manufacturing facilities, aiming to secure 20% of the global semiconductor market by 2030. Further, as noted by the European Commission, the EU announced investing €325 million to support semiconductor research and innovation initiatives in July 2024. These initiatives and investments, coupled with a focus on innovation and technological leadership, are set to significantly elevate the automotive semiconductor market share in Europe.

The countries examined in the regional report include the UK, Poland, Italy, France, Germany, Belgium, and Rest of Europe.

Germany captures the highest market share, with $3043.78 million in 2023

The rapid adoption of electric vehicles is a major driver of the automotive semiconductor market in Germany. As per the International Energy Agency, Germany became the third nation, following China and the United States, to register 500,000 new battery-electric cars in 2023.

This trend is supported by government incentives and stringent CO2 emission standards, which have accelerated the integration of semiconductors in vehicle systems to enhance performance, energy efficiency, and automation.

The German government and the European Union have also launched several initiatives to support the semiconductor market’s growth. For instance, as per Germany Trade and Invest (GTAI), the Important Project of Common European Interest (IPCEI) focuses on microelectronics projects to support Europe and Germany as semiconductor production sites.

Market Forecast for the United Kingdom

The Society of Motor Manufacturers and Traders (SMMT) highlights the crucial role of the automotive industry in the UK economy, contributing £93 billion in turnover, with around £4 billion invested annually in R&D. Additionally, the government has launched a £1 billion National Semiconductor Strategy to boost the semiconductor sector, focusing on research, development, and innovation to maintain a competitive edge globally. This strategy includes initiatives like the creation of a UK Semiconductor Advisory Panel and a National Semiconductor Infrastructure Initiative to support local firms in overcoming innovation barriers and enhancing their global supply chain resilience. These factors thus widen the scope of semiconductor technology across the nation.

The market is sectioned based on the type of fuel, application, type of vehicle, and component. The type of fuel segment consists of diesel, electric/hybrid, and gasoline.

Diesel fuel, also known as diesel oil, is a flammable liquid used to power diesel engines. It is typically derived from less volatile fractions of crude oil compared to those used for gasoline. Unlike gasoline engines, diesel engines ignite fuel through the heat generated by compressed air in the cylinder, with the fuel being sprayed into this hot, compressed air. Diesel fuel produces more energy per volume than gasoline, leading to superior fuel efficiency in engines. Additionally, producing diesel fuel involves fewer refining steps, traditionally making it less expensive than gasoline, though this can vary by location, season, and regulatory factors.

Contender Analysis in the Automotive Semiconductor Market:

Infineon Technologies AG specializes in creating and producing semiconductor solutions. Its product range includes sensors, power modules, automotive and industrial transceivers, wireless control systems, small signal transistors and diodes, and power delivery controllers. The company serves a variety of sectors, including automotive, communication, security, and industrial. With operations across multiple regions, it is headquartered in Germany.

In April 2024, Infineon Technologies announced a multi-year collaboration with Amkor Technology Inc to reinforce the supply chain for semiconductor solutions across Europe.

Other notable firms in the automotive semiconductor market include Intel Corporation, Micron Technology Inc, NXP Semiconductors NV, and Microchip Technology Incorporated.

1. Europe Automotive Semiconductor Market - Summary
2. Industry Outlook: 2.1. Impact Analysis On The Automotive Semiconductor Market; 2.1.1. Covid-19 Impact; 2.1.2. Russia-ukraine War Impact; 2.2. Porter’s Five Forces Analysis; 2.2.1. Threat Of New Entrants; 2.2.2. Threat Of Substitutes; 2.2.3. Bargaining Power Of Buyers; 2.2.4. Bargaining Power Of Suppliers; 2.2.5. Threat Of Competitive Rivalry; 2.3. Market Attractiveness Index; 2.4. Regulatory Framework; 2.5. Key Buying Impact Analysis; 2.5.1. Performance And Reliability; 2.5.2. Compatibility And Integration; 2.5.3. Cost-effectiveness; 2.5.4. Brand Reputation; 2.6. Supply Chain Analysis; 2.6.1. Raw Material Suppliers; 2.6.2. Semiconductor Manufacturers; 2.6.3. Semiconductor Packaging And Testing; 2.6.4. Automotive System Integrators; 2.6.5. Dealerships And Aftermarket; 2.7. Key Market Strategies; 2.7.1. Acquisitions; 2.7.2. Collaborations; 2.7.3. Product Launches; 2.7.4. Investments & Expansions; 2.8. Market Drivers; 2.8.1. Rising Demand For Electric Vehicles (Evs) And Hybrid Electric Vehicles (Hevs); 2.8.2. Growing Preference For Connected Vehicles; 2.8.3. Increasing Autonomous Features In Vehicles; 2.8.4. Demand For Electronic Control Units (Ecu) With Enhanced Functionality; 2.9. Market Challenges; 2.9.1. Extended Design Cycles And Elevated Development Expenses; 2.9.2. Stringent Automotive Safety And Quality Standards; 2.9.3. Semiconductor Shortages And Supply Chain Disruptions; 2.10. Market Opportunities; 2.10.1. Rising Use Of Gallium Nitride (Gan) And Silicon Carbide (Sic) Power Semiconductors; 2.10.2. Growing Need For System-on-a-chips (Soc) And Automotive-grade Microcontrollers (Mcus); 2.10.3. Increasing Emphasis On Automotive Cybersecurity Solutions; 2.10.4. Shift Towards Neural Network Accelerators And Automotive-grade Ai Processors; 2.11. Analyst Perspective
3. Europe Automotive Semiconductor Market – By Type Of Vehicle: 3.1. Passenger Cars; 3.2. Light Commercial Vehicles (Lcvs); 3.3. Heavy Commercial Vehicles (Hcvs)
4. Europe Automotive Semiconductor Market – By Type Of Fuel: 4.1. Gasoline; 4.2. Diesel; 4.3. Electric/Hybrid
5. Europe Automotive Semiconductor Market – By Application: 5.1. Advanced Driver Assistance Systems; 5.2. Body Electronics; 5.3. Infotainment; 5.4. Powertrain; 5.5. Safety Systems
6. Europe Automotive Semiconductor Market – By Component: 6.1. Processors; 6.2. Analog Ics; 6.3. Discrete Power Devices; 6.4. Sensors; 6.4.1. Led; 6.4.2. Image Sensor; 6.4.3. Position Sensor; 6.4.4. Temperature Sensor; 6.4.5. Pressure Sensor; 6.4.6. Other Sensors; 6.5. Memory Devices; 6.5.1. Dram; 6.5.2. Flash; 6.6. Lighting Devices
7. Europe Automotive Semiconductor Market – By Country Outlook: 7.1. United Kingdom; 7.1.1. United Kingdom Automotive Semiconductor Market Forecast & Prospects; 7.2. Germany; 7.2.1. Germany Automotive Semiconductor Market Forecast & Prospects; 7.3. France; 7.3.1. France Automotive Semiconductor Market Forecast & Prospects; 7.4. Italy; 7.4.1. Italy Automotive Semiconductor Market Forecast & Prospects; 7.5. Spain; 7.5.1. Spain Automotive Semiconductor Market Forecast & Prospects; 7.6. Belgium; 7.6.1. Belgium Automotive Semiconductor Market Forecast & Prospects; 7.7. Poland; 7.7.1. Poland Automotive Semiconductor Market Forecast & Prospects; 7.8. Rest Of Europe; 7.8.1. Rest Of Europe Automotive Semiconductor Market Forecast & Prospects
8. Competitive Landscape: 8.1. Analog Devices Inc; 8.1.1. Overview; 8.1.2. Portfolio; 8.1.3. Key Strength; 8.1.4. Key Challenge; 8.2. Infineon Technologies Ag; 8.2.1. Overview; 8.2.2. Portfolio; 8.2.3. Key Strength; 8.2.4. Key Challenge; 8.3. Intel Corporation; 8.3.1. Overview; 8.3.2. Portfolio; 8.3.3. Key Strength; 8.3.4. Key Challenge; 8.4. Microchip Technology Incorporated; 8.4.1. Overview; 8.4.2. Portfolio; 8.4.3. Key Strength; 8.4.4. Key Challenge; 8.5. Micron Technology Inc; 8.5.1. Overview; 8.5.2. Portfolio; 8.5.3. Key Strength; 8.5.4. Key Challenge; 8.6. Nxp Semiconductors Nv; 8.6.1. Overview; 8.6.2. Portfolio; 8.6.3. Key Strength; 8.6.4. Key Challenge; 8.7. On Semiconductor Corporation; 8.7.1. Overview; 8.7.2. Portfolio; 8.7.3. Key Strength; 8.7.4. Key Challenge; 8.8. Renesas Electronics Corporation; 8.8.1. Overview; 8.8.2. Portfolio; 8.8.3. Key Strength; 8.8.4. Key Challenge; 8.9. Robert Bosch Gmbh; 8.9.1. Overview; 8.9.2. Portfolio; 8.9.3. Key Strength; 8.9.4. Key Challenge; 8.10. Rohm Co Ltd; 8.10.1. Overview; 8.10.2. Portfolio; 8.10.3. Key Strength; 8.10.4. Key Challenge; 8.11. Samsung Electronics Co Ltd; 8.11.1. Overview; 8.11.2. Portfolio; 8.11.3. Key Strength; 8.11.4. Key Challenge; 8.12. Stmicroelectronics Nv; 8.12.1. Overview; 8.12.2. Portfolio; 8.12.3. Key Strength; 8.12.4. Key Challenge; 8.13. Texas Instruments Incorporated; 8.13.1. Overview; 8.13.2. Portfolio; 8.13.3. Key Strength; 8.13.4. Key Challenge; 8.14. Toshiba Corporation; 8.14.1. Overview; 8.14.2. Portfolio; 8.14.3. Key Strength; 8.14.4. Key Challenge; 8.15. Qualcomm Incorporated; 8.15.1. Overview; 8.15.2. Portfolio; 8.15.3. Key Strength; 8.15.4. Key Challenge
9. Research Methodology & Scope: 9.1. Research Scope & Deliverables; 9.2. Sources Of Data; 9.3. Research Methodology
Table List: Table 1: Europe Automotive Semiconductor Market, By Country Outlook, 2024-2032 (In $ Million); Table 2: Regulatory Framework; Table 3: List Of Acquisitions; Table 4: List Of Collaborations; Table 5: List Product Launches; Table 6: List Of Investments & Expansions; Table 7: Europe Automotive Semiconductor Market, By Type Of Vehicle, 2024-2032 (In $ Million); Table 8: Europe Automotive Semiconductor Market, By Type Of Fuel, 2024-2032 (In $ Million); Table 9: Europe Automotive Semiconductor Market, By Application, 2024-2032 (In $ Million); Table 10: Europe Automotive Semiconductor Market, By Component, 2024-2032 (In $ Million); Table 11: Europe Automotive Semiconductor Market, By Sensors, 2024-2032 (In $ Million); Table 12: Europe Automotive Semiconductor Market, By Memory Devices, 2024-2032 (In $ Million); Table 13: Europe Automotive Semiconductor Market, By Country Outlook, 2024-2032 (In $ Million)
Figure List: Figure 1: Porter’s Five Forces Analysis; Figure 2: Market Attractiveness Index; Figure 3: Key Buying Impact Analysis; Figure 4: Supply Chain Analysis; Figure 5: Europe Automotive Semiconductor Market, By Type Of Vehicle, 2023 & 2032 (In %); Figure 6: Europe Automotive Semiconductor Market, By Passenger Cars, 2024-2032 (In $ Million); Figure 7: Europe Automotive Semiconductor Market, By Light Commercial Vehicles (Lcvs), 2024-2032 (In $ Million); Figure 8: Europe Automotive Semiconductor Market, By Heavy Commercial Vehicles (Hcvs), 2024-2032 (In $ Million); Figure 9: Europe Automotive Semiconductor Market, By Type Of Fuel, 2023 & 2032 (In %); Figure 10: Europe Automotive Semiconductor Market, By Gasoline, 2024-2032 (In $ Million); Figure 11: Europe Automotive Semiconductor Market, By Diesel, 2024-2032 (In $ Million); Figure 12: Europe Automotive Semiconductor Market, By Electric/Hybrid, 2024-2032 (In $ Million); Figure 13: Europe Automotive Semiconductor Market, By Application, 2023 & 2032 (In %); Figure 14: Europe Automotive Semiconductor Market, By Advanced Driver Assistance Systems, 2024-2032 (In $ Million); Figure 15: Europe Automotive Semiconductor Market, By Body Electronics, 2024-2032 (In $ Million); Figure 16: Europe Automotive Semiconductor Market, By Infotainment, 2024-2032 (In $ Million); Figure 17: Europe Automotive Semiconductor Market, By Powertrain, 2024-2032 (In $ Million); Figure 18: Europe Automotive Semiconductor Market, By Safety Systems, 2024-2032 (In $ Million); Figure 19: Europe Automotive Semiconductor Market, By Component, 2023 & 2032 (In %); Figure 20: Europe Automotive Semiconductor Market, By Processors, 2024-2032 (In $ Million); Figure 21: Europe Automotive Semiconductor Market, By Analog Ics, 2024-2032 (In $ Million); Figure 22: Europe Automotive Semiconductor Market, By Discrete Power Devices, 2024-2032 (In $ Million); Figure 23: Europe Automotive Semiconductor Market, By Sensors, 2024-2032 (In $ Million); Figure 24: Europe Automotive Semiconductor Market, By Sensors, 2023 & 2032 (In %); Figure 25: Europe Automotive Semiconductor Market, By Led, 2024-2032 (In $ Million); Figure 26: Europe Automotive Semiconductor Market, By Image Sensor, 2024-2032 (In $ Million); Figure 27: Europe Automotive Semiconductor Market, By Position Sensor, 2024-2032 (In $ Million); Figure 28: Europe Automotive Semiconductor Market, By Temperature Sensor, 2024-2032 (In $ Million); Figure 29: Europe Automotive Semiconductor Market, By Pressure Sensor, 2024-2032 (In $ Million); Figure 30: Europe Automotive Semiconductor Market, By Other Sensors, 2024-2032 (In $ Million); Figure 31: Europe Automotive Semiconductor Market, By Memory Devices, 2024-2032 (In $ Million); Figure 32: Europe Automotive Semiconductor Market, By Memory Devices, 2023 & 2032 (In %); Figure 33: Europe Automotive Semiconductor Market, By Dram, 2024-2032 (In $ Million); Figure 34: Europe Automotive Semiconductor Market, By Flash, 2024-2032 (In $ Million); Figure 35: Europe Automotive Semiconductor Market, By Lighting Devices, 2024-2032 (In $ Million); Figure 36: Europe Automotive Semiconductor Market, By Country Outlook, 2023 & 2032 (In %); Figure 37: United Kingdom Automotive Semiconductor Market 2024-2032 (In $ Million); Figure 38: Germany Automotive Semiconductor Market 2024-2032 (In $ Million); Figure 39: France Automotive Semiconductor Market 2024-2032 (In $ Million); Figure 40: Italy Automotive Semiconductor Market 2024-2032 (In $ Million); Figure 41: Spain Automotive Semiconductor Market 2024-2032 (In $ Million); Figure 42: Belgium Automotive Semiconductor Market 202-2032 (In $ Million); Figure 43: Poland Automotive Semiconductor Market 202-2032 (In $ Million); Figure 44: Rest Of Europe Automotive Semiconductor Market 2024-2032 (In $ Million)