North America Automotive Semiconductor Market 2024-2032

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $1,500	117 Pages	Triton Market Research	July, 2024	TRTN19011191

Best Price Guarantee
Price	from $1,500
Length	117 Pages
Publisher	Triton Market Research
Published Date	July, 2024
SKU	TRTN19011191

North America Automotive Semiconductor Market 2024-2032

As noted by Triton’s report, the North America automotive semiconductor market is anticipated to progress at a CAGR of 8.04% during the forecast period 2024-2032.

The automotive semiconductor market in North America, comprising the US and Canada, is experiencing significant growth, supported by substantial government initiatives and private sector investments. For instance, recently, the Biden-Harris Administration announced strengthening the semiconductor supply chain, with the CHIPS for America Act providing around $52 billion to enhance US semiconductor manufacturing and R&D. This legislation has catalyzed nearly $80 billion in private investments, as noted by the White House. These efforts are expected to address current supply chain vulnerabilities, while positioning North America as a leading hub for semiconductor technology, crucial for the automotive industry and others.

The countries considered in this region are the United States and Canada.

The United States captures a major share, accounting for $7915.55 million in 2023

- The automotive semiconductor market is set to experience substantial growth owing to major investments and supportive policies. For instance, the White House noted that since the signing of the CHIPS and Science Act, companies have announced over $231 billion in semiconductor and electronics investments in the US, including $166 billion announced in the first year following the Act.

- Additionally, partnerships with major companies and the establishment of the National Semiconductor Technology Center are designed to enhance research, development, and innovation in semiconductor technologies,

- Over 50 community colleges in 19 states have announced new or expanded programs to train workers for semiconductor manufacturing jobs, which is further set to create lucrative opportunities for automotive semiconductor manufacturers.

Market Forecast for Canada

The increasing demand for electric vehicles (EVs), autonomous driving systems, and enhanced infotainment solutions creates numerous growth opportunities for the automotive semiconductor market. Government initiatives such as the Zero-Emission Vehicles (ZEV) Program and Canada’s Strategic Innovation Fund (SIF) are further fueling this growth by providing subsidies and tax incentives for EV production and purchase. Additionally, partnerships between Canadian tech companies and global automotive giants are fostering innovation and development in semiconductor technologies.

The market is branched into type of fuel, application, component, and type of vehicle. The application section is divided into infotainment, ADAS, powertrain, safety systems, and body electronics.

In-vehicle infotainment (IVI) systems represent a blend of technologies engineered to deliver both entertainment and information. These systems utilize audio and video interfaces, touchscreen displays, button panels, and voice command controls. Central to the functionality of IVI systems are semiconductors, which drive the advanced electronics required for seamless operation. Semiconductors enable high-speed processing, connectivity, and real-time data management, ensuring that these systems provide a smooth and responsive user experience.

Contender Analysis in the Automotive Semiconductor Market:

ON Semiconductor Corporation specializes in delivering solutions for power and signal management, logic, analog, sensors, timing, connectivity, system-on-chip (SoC), and customized applications. Its technologies serve a diverse range of sectors, including automotive, communications, computing, consumer electronics, and power supply. The company leverages a global network of manufacturing facilities, sales offices, and design centers located in North America, Asia-Pacific, and Europe. It is headquartered in Phoenix, Arizona, the United States.

In June 2024, ON Semiconductor revealed plans to open a cutting-edge silicon carbide (SiC) manufacturing plant in the Czech Republic. This initiative aims to produce advanced power semiconductors designed to boost the energy efficiency of electric vehicles, AI data centers, and renewable energy systems.

Other notable enterprises offering solutions in the automotive semiconductor market include Renesas Electronics Corporation, Rohm Co Ltd, STMicroelectronics NV, Robert Bosch GmbH, and Samsung Electronics Co Ltd.

1. North America 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. North America Automotive Semiconductor Market – By Type Of Vehicle: 3.1. Passenger Cars; 3.2. Light Commercial Vehicles (Lcvs); 3.3. Heavy Commercial Vehicles (Hcvs)
4. North America Automotive Semiconductor Market – By Type Of Fuel: 4.1. Gasoline; 4.2. Diesel; 4.3. Electric/Hybrid
5. North America 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. North America 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. North America Automotive Semiconductor Market – By Country Outlook: 7.1. United States; 7.1.1. United States Automotive Semiconductor Market Forecast & Prospects; 7.2. Canada; 7.2.1. Canada 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: North America 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: North America Automotive Semiconductor Market, By Type Of Vehicle, 2024-2032 (In $ Million); Table 8: North America Automotive Semiconductor Market, By Type Of Fuel, 2024-2032 (In $ Million); Table 9: North America Automotive Semiconductor Market, By Application, 2024-2032 (In $ Million); Table 10: North America Automotive Semiconductor Market, By Component, 2024-2032 (In $ Million); Table 11: North America Automotive Semiconductor Market, By Sensors, 2024-2032 (In $ Million); Table 12: North America Automotive Semiconductor Market, By Memory Devices, 2024-2032 (In $ Million); Table 13: North America 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: North America Automotive Semiconductor Market, By Type Of Vehicle, 2023 & 2032 (In %); Figure 6: North America Automotive Semiconductor Market, By Passenger Cars, 2024-2032 (In $ Million); Figure 7: North America Automotive Semiconductor Market, By Light Commercial Vehicles (Lcvs), 2024-2032 (In $ Million); Figure 8: North America Automotive Semiconductor Market, By Heavy Commercial Vehicles (Hcvs), 2024-2032 (In $ Million); Figure 9: North America Automotive Semiconductor Market, By Type Of Fuel, 2023 & 2032 (In %); Figure 10: North America Automotive Semiconductor Market, By Gasoline, 2024-2032 (In $ Million); Figure 11: North America Automotive Semiconductor Market, By Diesel, 2024-2032 (In $ Million); Figure 12: North America Automotive Semiconductor Market, By Electric/Hybrid, 2024-2032 (In $ Million); Figure 13: North America Automotive Semiconductor Market, By Application, 2023 & 2032 (In %); Figure 14: North America Automotive Semiconductor Market, By Advanced Driver Assistance Systems, 2024-2032 (In $ Million); Figure 15: North America Automotive Semiconductor Market, By Body Electronics, 2024-2032 (In $ Million); Figure 16: North America Automotive Semiconductor Market, By Infotainment, 2024-2032 (In $ Million); Figure 17: North America Automotive Semiconductor Market, By Powertrain, 2024-2032 (In $ Million); Figure 18: North America Automotive Semiconductor Market, By Safety Systems, 2024-2032 (In $ Million); Figure 19: North America Automotive Semiconductor Market, By Component, 2023 & 2032 (In %); Figure 20: North America Automotive Semiconductor Market, By Processors, 2024-2032 (In $ Million); Figure 21: North America Automotive Semiconductor Market, By Analog Ics, 2024-2032 (In $ Million); Figure 22: North America Automotive Semiconductor Market, By Discrete Power Devices, 2024-2032 (In $ Million); Figure 23: North America Automotive Semiconductor Market, By Sensors, 2024-2032 (In $ Million); Figure 24: North America Automotive Semiconductor Market, By Sensors, 2023 & 2032 (In %); Figure 25: North America Automotive Semiconductor Market, By Led, 2024-2032 (In $ Million); Figure 26: North America Automotive Semiconductor Market, By Image Sensor, 2024-2032 (In $ Million); Figure 27: North America Automotive Semiconductor Market, By Position Sensor, 2024-2032 (In $ Million); Figure 28: North America Automotive Semiconductor Market, By Temperature Sensor, 2024-2032 (In $ Million); Figure 29: North America Automotive Semiconductor Market, By Pressure Sensor, 2024-2032 (In $ Million); Figure 30: North America Automotive Semiconductor Market, By Other Sensors, 2024-2032 (In $ Million); Figure 31: North America Automotive Semiconductor Market, By Memory Devices, 2024-2032 (In $ Million); Figure 32: North America Automotive Semiconductor Market, By Memory Devices, 2023 & 2032 (In %); Figure 33: North America Automotive Semiconductor Market, By Dram, 2024-2032 (In $ Million); Figure 34: North America Automotive Semiconductor Market, By Flash, 2024-2032 (In $ Million); Figure 35: North America Automotive Semiconductor Market, By Lighting Devices, 2024-2032 (In $ Million); Figure 36: North America Automotive Semiconductor Market, By Country Outlook, 2023 & 2032 (In %); Figure 37: United States Automotive Semiconductor Market 2024-2032 (In $ Million); Figure 38: Canada Automotive Semiconductor Market 2024-2032 (In $ Million)