The global automotive IC market size reached US$ 49.1 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 90.4 Billion by 2028, exhibiting a CAGR of 10.71% during 2022-2028. The rising adoption of autonomous vehicles, the implementation of stringent government regulations for driver safety and security, and the increasing sales of luxury and premium cars represent some of the key factors driving the market.
Automotive IC refers to a microchip made up of silicon that encompasses the function of an oscillator, microprocessor, timer, amplifier, and memory, customized for a vehicle system. A semiconductor wafer of a few square millimeters is built with numerous transistors, capacitors, and resistors on a single chip to enhance the vehicle's performance. Automobile IC is critical to the differentiation of vehicles as well as enhancing their overall performance and capabilities. It provides highly stable supply voltage for analog radar frontends and separates supply voltages for the digital monolithic microwave parts and external local interconnected network (LIN) bus transceivers. The automotive IC is essential for enabling low emissions and high efficiency of powertrain systems and supporting quick responses of lifesaving systems. As a result, advanced automotive ICs are used in safety systems, driver assistance, powertrain control, and infotainment console of an automobile. In addition, they are driving the miniaturization of automotive electronic systems.
Automotive IC refers to a microchip made up of silicon that encompasses the function of an oscillator, microprocessor, timer, amplifier, and memory, customized for a vehicle system. A semiconductor wafer of a few square millimeters is built with numerous transistors, capacitors, and resistors on a single chip to enhance the vehicle's performance. Automobile IC is critical to the differentiation of vehicles as well as enhancing their overall performance and capabilities. It provides highly stable supply voltage for analog radar frontends and separates supply voltages for the digital monolithic microwave parts and external local interconnected network (LIN) bus transceivers. The automotive IC is essential for enabling low emissions and high efficiency of powertrain systems and supporting quick responses of lifesaving systems. As a result, advanced automotive ICs are used in safety systems, driver assistance, powertrain control, and infotainment console of an automobile. In addition, they are driving the miniaturization of automotive electronic systems.
Automotive IC Market Trends:
The escalating demand for autonomous vehicles among the masses is a significant factor propelling the growth of the market. In addition, the introduction of stringent government regulations for the safety and security of drivers is creating a positive outlook on the market. Moreover, the integration of the internet of things (IoT) in the automotive sector is providing an impetus to the market. Besides this, the augmenting adoption of advanced driver safety and security features in automobiles is resulting in a higher product uptake on the global level. The market is further fueled by the increasing sales of luxury and premium cars with the latest connected vehicle facilities, such as transmission control and in-vehicle communication system. However, the rising prices of semiconductor chips and the growing issues related to the design complexity are some of the factors that are impeding the market growth. On the contrary, the rapid electrification of passenger cars, along with continual innovations in electric vehicles (EVs), is creating lucrative growth opportunities in the market. Apart from this, numerous strategies adopted by the key players, including partnerships, collaborations, and mergers and acquisitions (M&As) to enhance their geographical presence are further providing a boost to the market. Some of the other factors contributing to the market include rapid urbanization and industrialization, considerable growth in the automotive and transportation sectors, fierce competition among the key players, inflating disposable income levels and extensive research and development (R&D) activities.Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the global automotive IC market, along with forecasts at the global, regional, and country level from 2023-2028. Our report has categorized the market based on type and application.Type Insights
- Monolithic Integrated Circuits
- Hybrid Integrated Circuits
- Analog IC
- Digital IC
- Mixed IC
Application Insights
- Advanced Driver Assistance System (ADAS)
- In-Vehicle Networking
- Engine Management
- Transmission Control System
- Others
Regional Insights
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global automotive IC market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Infineon Technologies AG, NXP Semiconductors N.V, Qualcomm Incorporated, Robert Bosch GmbH (Robert Bosch Stiftung GmbH), Rohm Co. Ltd., STMicroelectronics N.V., Texas Instruments Incorporated, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report:
- How has the global automotive IC market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global automotive IC market?
- What are the key regional markets?
- Which countries represent the most attractive automotive IC markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What is the competitive structure of the global automotive IC market?
- Who are the key players/companies in the global automotive IC market?
Table of Contents
1 Preface2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive IC Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Monolithic Integrated Circuits
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Hybrid Integrated Circuits
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Analog IC
6.2.2.2 Digital IC
6.2.2.3 Mixed IC
6.2.3 Market Forecast
7 Market Breakup by Application
7.1 Advanced Driver Assistance System (ADAS)
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 In-Vehicle Networking
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Engine Management
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Transmission Control System
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
9.1 Overview
9.2 Drivers
9.3 Restraints
9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Infineon Technologies AG
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 NXP Semiconductors N.V
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3 Qualcomm Incorporated
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4 Robert Bosch GmbH (Robert Bosch Stiftung GmbH)
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 SWOT Analysis
13.3.5 Rohm Co. Ltd.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6 STMicroelectronics N.V.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Texas Instruments Incorporated
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
Figure 1: Global: Automotive IC Market: Major Drivers and Challenges
Figure 2: Global: Automotive IC Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Automotive IC Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Automotive IC Market: Breakup by Type (in %), 2022
Figure 5: Global: Automotive IC Market: Breakup by Application (in %), 2022
Figure 6: Global: Automotive IC Market: Breakup by Region (in %), 2022
Figure 7: Global: Automotive IC (Monolithic Integrated Circuits) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Automotive IC (Monolithic Integrated Circuits) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Automotive IC (Hybrid Integrated Circuits) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Automotive IC (Hybrid Integrated Circuits) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Automotive IC (Advanced Driver Assistance System (ADAS)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Automotive IC (Advanced Driver Assistance System (ADAS)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Automotive IC (In-Vehicle Networking) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Automotive IC (In-Vehicle Networking) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Automotive IC (Engine Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Automotive IC (Engine Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Automotive IC (Transmission Control System) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Automotive IC (Transmission Control System) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Automotive IC (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Automotive IC (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: North America: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: North America: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: United States: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: United States: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Canada: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Canada: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Asia-Pacific: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Asia-Pacific: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: China: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: China: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Japan: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Japan: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: India: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: India: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: South Korea: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: South Korea: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Australia: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Australia: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Indonesia: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Indonesia: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Others: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Others: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Europe: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Europe: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Germany: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Germany: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: France: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: France: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: United Kingdom: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: United Kingdom: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Italy: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Italy: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Spain: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Spain: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Russia: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Russia: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Others: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Others: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Latin America: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Latin America: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Brazil: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Brazil: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Mexico: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Mexico: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Others: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Others: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Middle East and Africa: Automotive IC Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Middle East and Africa: Automotive IC Market: Breakup by Country (in %), 2022
Figure 69: Middle East and Africa: Automotive IC Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Global: Automotive IC Industry: Drivers, Restraints, and Opportunities
Figure 71: Global: Automotive IC Industry: Value Chain Analysis
Figure 72: Global: Automotive IC Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Automotive IC Market: Key Industry Highlights, 2022 & 2028
Table 2: Global: Automotive IC Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Automotive IC Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Automotive IC Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Automotive IC Market: Competitive Structure
Table 6: Global: Automotive IC Market: Key Players
Companies Mentioned
- Infineon Technologies AG
- NXP Semiconductors N.V
- Qualcomm Incorporated
- Robert Bosch GmbH (Robert Bosch Stiftung GmbH)
- Rohm Co. Ltd.
- STMicroelectronics N.V.
- Texas Instruments Incorporated
Methodology
LOADING...
