Automotive Semiconductor Market by Component, Vehicle Type, Application & Region - Forecast 2022 to 2030

The global automotive semiconductor industry is currently valued at $54.9 billion and is expected to reach $94.99 billion by the end of 2030. From 2022 to 2030, semiconductor shipments for the automotive industry are anticipated to grow at a CAGR of 7.1%. Vehicle semiconductor suppliers around the world should benefit from the growing use of electronic components in the automotive sector. Future sales of electric car chips are also anticipated to be boosted by the rapidly increasing popularity of electric automobiles.

Automotive semiconductors are electronic components that are used in the automotive industry to control and power various systems in vehicles. These semiconductors include microprocessors, memory chips, and power management devices. They are used in a wide range of applications such as engine management, infotainment systems, advanced driver-assistance systems (ADAS), and electric and hybrid vehicles. The automotive semiconductor market is driven by increasing demand for advanced features in vehicles such as autonomous driving and connected car technology.

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Automotive Semiconductor Consumption Analysis (2015–2021) Compared to Industry Forecasts (2022 to 2030)
The rate of technological advancement in the automotive sector has significantly grown recently, and this trend is anticipated to continue unabated during the projection period. The demand for semiconductor production has increased as a result of semiconductors being at the forefront of the technological change of the automotive industry.

Competitive Landscape

Automotive semiconductor suppliers are focusing on the expansion of their production and manufacturing capacities to meet the increasing demand for automobile computer chips across the world. Top automotive semiconductor companies are also adopting various strategies to boost their sales potential and market presence on a global level.

• In September 2021, Infineon Technologies AG, a leading name in semiconductor manufacturing, announced the opening of its new chip factory for power electronics in Villach, Austria. The factory is one of the largest investments made by the company in Europe, with the site being constructed at a whopping cost of US$ 1.67 Bn.

Key Companies Profiled

• Intel Corporation
• Samsung Semiconductors
• NXP Semiconductors
• NVIDIA Corporation
• Broadcom Inc. (AVGO)
• Texas Instruments Inc. (TXN)
• Taiwan Semiconductor Manufacturing Co. Ltd. (TSM)
• Qualcomm Inc. (QCOM)
• Micron Technology Inc. (MU)
• ASE Technology Holding Co. Ltd. (ASX)

The market is also driven by stricter emissions regulations and the increasing number of electric and hybrid vehicles on the road. Some major players in the automotive semiconductor market include NXP Semiconductors, Infineon Technologies, Texas Instruments and Renesas Electronics.

The automotive semiconductor market refers to the industry that produces and sells semiconductors specifically for use in the automotive industry. These semiconductors are used in a wide range of applications such as engine management, infotainment systems, advanced driver-assistance systems (ADAS), and electric and hybrid vehicles. The market is driven by the increasing demand for advanced features in vehicles such as autonomous driving, connected car technology and electric vehicles. Additionally, stricter emissions regulations and the increasing number of electric and hybrid vehicles on the road also drive the market growth.

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Key Segments of Automotive Semiconductor Industry Survey

Automotive Semiconductor Market by Component:

• Micro Components (Processors)
• Memory Devices
• Logic
• Optical & Sensors
• Analog ICs
• Discrete Devices

Automotive Semiconductor Market by Vehicle Type:

• Automotive Semiconductors for Passenger Vehicles
• Automotive Semiconductors for Light Commercial Vehicles
• Automotive Semiconductors for Heavy Commercial Vehicles

Automotive Semiconductor Market by Application:

• Body
• Safety
• Telematics & Infotainment
• Power Trains
• Chassis

Automotive Semiconductor Market by Region:

• North America Automotive Semiconductor Market
• Latin America Automotive Semiconductor Market
• Europe Automotive Semiconductor Market
• East Asia Automotive Semiconductor Market
• South Asia & Pacific Automotive Semiconductor Market
• Middle East & Africa (MEA) Automotive Semiconductor Market

Table of Content

 1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

    2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

    3. Key Market Trends

3.1. Key Trends Impacting Market

3.2. Innovation & Development Trends

3.3. Key Success Factors

    4. Pricing Analysis

4.1. Average Pricing Analysis

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