Global Automotive Chip Market to Reach $51.6 Billion by 2030
The global market for Automotive Chip estimated at US$30.6 Billion in the year 2022, is projected to reach a revised size of US$51.6 Billion by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030. Microcontrollers & Microprocessors, one of the segments analyzed in the report, is projected to record 6.1% CAGR and reach US$15 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Logic ICs segment is readjusted to a revised 7.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $8.3 Billion, While China is Forecast to Grow at 10.5% CAGR
The Automotive Chip market in the U.S. is estimated at US$8.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11.4 Billion by the year 2030 trailing a CAGR of 10.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.Select Competitors (Total 42 Featured) -
- Infineon Technologies AG
- Maxim Integrated Products, Inc.
- Microchip Technology Incorporated
- Micron Technology, Inc.
- NVIDIA CORPORATION
- NXP Semiconductors
- Renesas Electronics Corporation
- Robert Bosch GmbH
- STMicroelectronics N.V.
- Texas Instruments Incorporated
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Infineon Technologies AG
- Maxim Integrated Products, Inc.
- Microchip Technology Incorporated
- Micron Technology, Inc.
- NVIDIA CORPORATION
- NXP Semiconductors
- Renesas Electronics Corporation
- Robert Bosch GmbH
- STMicroelectronics N.V.
- Texas Instruments Incorporated
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 93 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 30.6 Billion |
Forecasted Market Value ( USD | $ 51.6 Billion |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Global |