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Automotive Chip Market By Product, By Application, By Propulsion Type: Global Opportunity Analysis and Industry Forecast, 2022-2031

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    Report

  • 294 Pages
  • October 2023
  • Region: Global
  • Allied Market Research
  • ID: 5835643
The automotive chip market refers to the industry that produces and sells semiconductor chips for use in various automotive applications. These chips are essential components in modern vehicles, powering various functions such as engine control, infotainment systems, advanced driver assistance systems (ADAS), and more. The demand for automotive chips has grown rapidly in recent years due to the increasing complexity of vehicles and the rise of electric and autonomous vehicles. These vehicles require more advanced and specialized chips that can perform functions such as processing large amounts of data from sensors, managing battery power, and controlling electric motors.

The automotive chip shortage caused by the COVID-19 pandemic has highlighted the need for diversified supply chains and increased investment in chip manufacturing capacity. As the demand for electric and autonomous vehicles continues to grow, the automotive industry must ensure that their companies are able to secure a reliable and stable supply of high-quality automotive chips.

This may require partnerships with chip manufacturers, investment in in-house chip manufacturing, or a combination of both. It must also be aware of the potential impact of technological disruptions, such as the development of new chip technologies or the emergence of new competitors in the market.

Staying ahead of these trends and adapting quickly to changing market conditions is essential for success in the automotive chip market. In addition, the impact of regulations and policies related to the automotive industry, such as emissions standards and safety regulations will further provide opportunity for the global automotive chip market.

The surge in demand for electric vehicles (EVs) is projected to provide growth opportunity for the automotive chip market. The demand for EVs is expected to continue to grow in the coming years as more consumers seek to reduce their carbon footprint and adopt more sustainable transportation options. These chips must be able to handle high voltage and current requirements of EVs and provide the necessary computing power for advanced driver assistance systems (ADAS) and other features.

The automotive chip market is segmented on the basis of product, application, propulsion type, and region. By type, the market is classified into microcontrollers, logic ICs, sensors, and analog ICs and others. By application, it is bifurcated into powertrain, body electronics, safety systems, chassis, and telematics & infotainment systems. Depending on propulsion type, it is segregated into ICE vehicles, and electric vehicles. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in this report include Analog Devices, Inc., Infineon Technologies AG, Nvidia Corporation, NXP Semiconductors, Renesas Electronics Corporation, Robert Bosch GmbH, ROHM CO., LTD, STMICRO Electronics, Texas Instruments Incorporated, and TOSHIBA CORPORATION.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the automotive chip market analysis from 2021 to 2031 to identify the prevailing automotive chip market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the automotive chip market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global automotive chip market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

  • Quarterly Update and* (only available with a corporate license, on listed price)
  • 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
  • Free Upcoming Version on the Purchase of Five and Enterprise User License.
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Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

  • Expanded list for Company Profiles
  • Historic market data
  • SWOT Analysis

Key Market Segments

By Product

  • Microcontrollers
  • Logic ICs
  • Analog ICs
  • Sensor
  • Others

By Application

  • Powertrain
  • Body Electronics
  • Safety Systems
  • Chassis
  • Telematics and Infotainment Systems

By Propulsion Type

  • ICE Vehicles
  • Electric Vehicles

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Netherlands
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa
  • Key Market Players
  • Renesas Electronics Corporation.
  • Robert Bosch GmbH
  • ROHM CO., LTD
  • Texas Instruments Incorporated
  • STMicroelectronics
  • NXP Semiconductors
  • Analog Devices, Inc.
  • NVIDIA Corporation
  • Toshiba Corporation
  • Infineon Technologies AG

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.3. Porter’s five forces analysis
3.4. Market dynamics
CHAPTER 4: AUTOMOTIVE CHIP MARKET, BY PRODUCT
4.1. Overview
4.2. Microcontrollers
4.3. Logic ICs
4.4. Analog ICs
4.5. Sensor
4.6. Others
CHAPTER 5: AUTOMOTIVE CHIP MARKET, BY APPLICATION
5.1. Overview
5.2. Powertrain
5.3. Body Electronics
5.4. Safety Systems
5.5. Chassis
5.6. Telematics and Infotainment Systems
CHAPTER 6: AUTOMOTIVE CHIP MARKET, BY PROPULSION TYPE
6.1. Overview
6.2. ICE Vehicles
6.3. Electric Vehicles
CHAPTER 7: AUTOMOTIVE CHIP MARKET, BY REGION
7.1. Overview
7.2. North America
7.3. Europe
7.4. Asia-Pacific
7.5. LAMEA
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1. NXP Semiconductors
9.2. Analog Devices, Inc.
9.3. Renesas Electronics Corporation.
9.4. Toshiba Corporation
9.5. Robert Bosch GmbH
9.6. ROHM CO., LTD
9.7. Infineon Technologies AG
9.8. NVIDIA Corporation
9.9. Texas Instruments Incorporated
9.10. STMicroelectronics
List of Tables
Table 01. Global Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 02. Automotive Chip Market for Microcontrollers, by Region, 2021-2031 ($ Million)
Table 03. Automotive Chip Market for Logic Ics, by Region, 2021-2031 ($ Million)
Table 04. Automotive Chip Market for Analog Ics, by Region, 2021-2031 ($ Million)
Table 05. Automotive Chip Market for Sensor, by Region, 2021-2031 ($ Million)
Table 06. Automotive Chip Market for Others, by Region, 2021-2031 ($ Million)
Table 07. Global Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 08. Automotive Chip Market for Powertrain, by Region, 2021-2031 ($ Million)
Table 09. Automotive Chip Market for Body Electronics, by Region, 2021-2031 ($ Million)
Table 10. Automotive Chip Market for Safety Systems, by Region, 2021-2031 ($ Million)
Table 11. Automotive Chip Market for Chassis, by Region, 2021-2031 ($ Million)
Table 12. Automotive Chip Market for Telematics and Infotainment Systems, by Region, 2021-2031 ($ Million)
Table 13. Global Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 14. Automotive Chip Market for Ice Vehicles, by Region, 2021-2031 ($ Million)
Table 15. Automotive Chip Market for Electric Vehicles, by Region, 2021-2031 ($ Million)
Table 16. Automotive Chip Market, by Region, 2021-2031 ($ Million)
Table 17. North America Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 18. North America Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 19. North America Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 20. North America Automotive Chip Market, by Country, 2021-2031 ($ Million)
Table 21. U.S. Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 22. U.S. Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 23. U.S. Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 24. Canada Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 25. Canada Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 26. Canada Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 27. Mexico Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 28. Mexico Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 29. Mexico Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 30. Europe Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 31. Europe Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 32. Europe Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 33. Europe Automotive Chip Market, by Country, 2021-2031 ($ Million)
Table 34. UK Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 35. UK Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 36. UK Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 37. Germany Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 38. Germany Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 39. Germany Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 40. France Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 41. France Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 42. France Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 43. Italy Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 44. Italy Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 45. Italy Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 46. Netherlands Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 47. Netherlands Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 48. Netherlands Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 49. Rest of Europe Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 50. Rest of Europe Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 51. Rest of Europe Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 52. Asia-Pacific Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 53. Asia-Pacific Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 54. Asia-Pacific Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 55. Asia-Pacific Automotive Chip Market, by Country, 2021-2031 ($ Million)
Table 56. China Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 57. China Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 58. China Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 59. Japan Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 60. Japan Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 61. Japan Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 62. India Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 63. India Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 64. India Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 65. South Korea Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 66. South Korea Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 67. South Korea Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 68. Rest of Asia-Pacific Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 69. Rest of Asia-Pacific Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 70. Rest of Asia-Pacific Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 71. LAMEA Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 72. LAMEA Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 73. LAMEA Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 74. LAMEA Automotive Chip Market, by Country, 2021-2031 ($ Million)
Table 75. Latin America Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 76. Latin America Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 77. Latin America Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 78. Middle East Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 79. Middle East Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 80. Middle East Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 81. Africa Automotive Chip Market, by Product, 2021-2031 ($ Million)
Table 82. Africa Automotive Chip Market, by Application, 2021-2031 ($ Million)
Table 83. Africa Automotive Chip Market, by Propulsion Type, 2021-2031 ($ Million)
Table 84. Nxp Semiconductors: Key Executives
Table 85. Nxp Semiconductors: Company Snapshot
Table 86. Nxp Semiconductors: Product Segments
Table 87. Nxp Semiconductors: Product Portfolio
Table 88. Nxp Semiconductors: Key Stratergies
Table 89. Analog Devices, Inc.: Key Executives
Table 90. Analog Devices, Inc.: Company Snapshot
Table 91. Analog Devices, Inc.: Product Segments
Table 92. Analog Devices, Inc.: Product Portfolio
Table 93. Analog Devices, Inc.: Key Stratergies
Table 94. Renesas Electronics Corporation.: Key Executives
Table 95. Renesas Electronics Corporation.: Company Snapshot
Table 96. Renesas Electronics Corporation.: Product Segments
Table 97. Renesas Electronics Corporation.: Product Portfolio
Table 98. Renesas Electronics Corporation.: Key Stratergies
Table 99. Toshiba Corporation: Key Executives
Table 100. Toshiba Corporation: Company Snapshot
Table 101. Toshiba Corporation: Product Segments
Table 102. Toshiba Corporation: Product Portfolio
Table 103. Toshiba Corporation: Key Stratergies
Table 104. Robert Bosch Gmbh: Key Executives
Table 105. Robert Bosch Gmbh: Company Snapshot
Table 106. Robert Bosch Gmbh: Product Segments
Table 107. Robert Bosch Gmbh: Product Portfolio
Table 108. Robert Bosch Gmbh: Key Stratergies
Table 109. Rohm Co. Ltd: Key Executives
Table 110. Rohm Co. Ltd: Company Snapshot
Table 111. Rohm Co. Ltd: Product Segments
Table 112. Rohm Co. Ltd: Product Portfolio
Table 113. Rohm Co. Ltd: Key Stratergies
Table 114. Infineon Technologies Ag: Key Executives
Table 115. Infineon Technologies Ag: Company Snapshot
Table 116. Infineon Technologies Ag: Product Segments
Table 117. Infineon Technologies Ag: Product Portfolio
Table 118. Infineon Technologies Ag: Key Stratergies
Table 119. Nvidia Corporation: Key Executives
Table 120. Nvidia Corporation: Company Snapshot
Table 121. Nvidia Corporation: Product Segments
Table 122. Nvidia Corporation: Product Portfolio
Table 123. Nvidia Corporation: Key Stratergies
Table 124. Texas Instruments Incorporated: Key Executives
Table 125. Texas Instruments Incorporated: Company Snapshot
Table 126. Texas Instruments Incorporated: Product Segments
Table 127. Texas Instruments Incorporated: Product Portfolio
Table 128. Texas Instruments Incorporated: Key Stratergies
Table 129. Stmicroelectronics: Key Executives
Table 130. Stmicroelectronics: Company Snapshot
Table 131. Stmicroelectronics: Product Segments
Table 132. Stmicroelectronics: Product Portfolio
Table 133. Stmicroelectronics: Key Stratergies
List of Figures
Figure 01. Automotive Chip Market, 2021-2031
Figure 02. Segmentation of Automotive Chip Market, 2021-2031
Figure 03. Top Impacting Factors in Automotive Chip Market (2021 to 2031)
Figure 04. Top Investment Pockets in Automotive Chip Market (2022-2031)
Figure 05. Low Bargaining Power of Suppliers
Figure 06. Low Threat of New Entrants
Figure 07. Low Threat of Substitutes
Figure 08. Low Intensity of Rivalry
Figure 09. Low Bargaining Power of Buyers
Figure 10. Global Automotive Chip Market: Drivers, Restraints and Opportunities
Figure 11. Automotive Chip Market, by Product, 2021 and 2031 (%)
Figure 12. Comparative Share Analysis of Automotive Chip Market for Microcontrollers, by Country 2021 and 2031 (%)
Figure 13. Comparative Share Analysis of Automotive Chip Market for Logic Ics, by Country 2021 and 2031 (%)
Figure 14. Comparative Share Analysis of Automotive Chip Market for Analog Ics, by Country 2021 and 2031 (%)
Figure 15. Comparative Share Analysis of Automotive Chip Market for Sensor, by Country 2021 and 2031 (%)
Figure 16. Comparative Share Analysis of Automotive Chip Market for Others, by Country 2021 and 2031 (%)
Figure 17. Automotive Chip Market, by Application, 2021 and 2031 (%)
Figure 18. Comparative Share Analysis of Automotive Chip Market for Powertrain, by Country 2021 and 2031 (%)
Figure 19. Comparative Share Analysis of Automotive Chip Market for Body Electronics, by Country 2021 and 2031 (%)
Figure 20. Comparative Share Analysis of Automotive Chip Market for Safety Systems, by Country 2021 and 2031 (%)
Figure 21. Comparative Share Analysis of Automotive Chip Market for Chassis, by Country 2021 and 2031 (%)
Figure 22. Comparative Share Analysis of Automotive Chip Market for Telematics and Infotainment Systems, by Country 2021 and 2031 (%)
Figure 23. Automotive Chip Market, by Propulsion Type, 2021 and 2031 (%)
Figure 24. Comparative Share Analysis of Automotive Chip Market for Ice Vehicles, by Country 2021 and 2031 (%)
Figure 25. Comparative Share Analysis of Automotive Chip Market for Electric Vehicles, by Country 2021 and 2031 (%)
Figure 26. Automotive Chip Market by Region, 2021 and 2031 (%)
Figure 27. U.S. Automotive Chip Market, 2021-2031 ($ Million)
Figure 28. Canada Automotive Chip Market, 2021-2031 ($ Million)
Figure 29. Mexico Automotive Chip Market, 2021-2031 ($ Million)
Figure 30. UK Automotive Chip Market, 2021-2031 ($ Million)
Figure 31. Germany Automotive Chip Market, 2021-2031 ($ Million)
Figure 32. France Automotive Chip Market, 2021-2031 ($ Million)
Figure 33. Italy Automotive Chip Market, 2021-2031 ($ Million)
Figure 34. Netherlands Automotive Chip Market, 2021-2031 ($ Million)
Figure 35. Rest of Europe Automotive Chip Market, 2021-2031 ($ Million)
Figure 36. China Automotive Chip Market, 2021-2031 ($ Million)
Figure 37. Japan Automotive Chip Market, 2021-2031 ($ Million)
Figure 38. India Automotive Chip Market, 2021-2031 ($ Million)
Figure 39. South Korea Automotive Chip Market, 2021-2031 ($ Million)
Figure 40. Rest of Asia-Pacific Automotive Chip Market, 2021-2031 ($ Million)
Figure 41. Latin America Automotive Chip Market, 2021-2031 ($ Million)
Figure 42. Middle East Automotive Chip Market, 2021-2031 ($ Million)
Figure 43. Africa Automotive Chip Market, 2021-2031 ($ Million)
Figure 44. Top Winning Strategies, by Year (2019-2022)
Figure 45. Top Winning Strategies, by Development (2019-2022)
Figure 46. Top Winning Strategies, by Company (2019-2022)
Figure 47. Product Mapping of Top 10 Players
Figure 48. Competitive Dashboard
Figure 49. Competitive Heatmap: Automotive Chip Market
Figure 50. Top Player Positioning, 2021
Figure 51. Nxp Semiconductors: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 52. Nxp Semiconductors: Net Revenue, 2020-2022 ($ Million)
Figure 53. Nxp Semiconductors: Revenue Share by Segment, 2022 (%)
Figure 54. Nxp Semiconductors: Revenue Share by Region, 2022 (%)
Figure 55. Analog Devices, Inc.: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 56. Analog Devices, Inc.: Net Sales, 2020-2022 ($ Million)
Figure 57. Analog Devices, Inc.: Revenue Share by Segment, 2022 (%)
Figure 58. Analog Devices, Inc.: Revenue Share by Region, 2022 (%)
Figure 59. Renesas Electronics Corporation.: Net Sales, 2020-2022 ($ Million)
Figure 60. Renesas Electronics Corporation.: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 61. Renesas Electronics Corporation.: Revenue Share by Segment, 2022 (%)
Figure 62. Renesas Electronics Corporation.: Revenue Share by Region, 2022 (%)
Figure 63. Toshiba Corporation: Net Revenue, 2021-2023 ($ Million)
Figure 64. Toshiba Corporation: Revenue Share by Segment, 2021 (%)
Figure 65. Toshiba Corporation: Revenue Share by Region, 2021 (%)
Figure 66. Robert Bosch Gmbh: Net Revenue, 2019-2021 ($ Million)
Figure 67. Robert Bosch Gmbh: Research & Development Expenditure, 2019-2021 ($ Million)
Figure 68. Robert Bosch Gmbh: Revenue Share by Region, 2021 (%)
Figure 69. Robert Bosch Gmbh: Revenue Share by Segment, 2021 (%)
Figure 70. Rohm Co. Ltd: Net Sales, 2019-2021 ($ Million)
Figure 71. Rohm Co. Ltd: Research & Development Expenditure, 2019-2021 ($ Million)
Figure 72. Rohm Co. Ltd: Revenue Share by Segment, 2021 (%)
Figure 73. Rohm Co. Ltd: Revenue Share by Region, 2021 (%)
Figure 74. Infineon Technologies Ag: Net Revenue, 2020-2022 ($ Million)
Figure 75. Infineon Technologies Ag: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 76. Infineon Technologies Ag: Revenue Share by Segment, 2022 (%)
Figure 77. Infineon Technologies Ag: Revenue Share by Region, 2022 (%)
Figure 78. Nvidia Corporation: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 79. Nvidia Corporation: Net Revenue, 2020-2022 ($ Million)
Figure 80. Nvidia Corporation: Revenue Share by Segment, 2022 (%)
Figure 81. Nvidia Corporation: Revenue Share by Region, 2021 (%)
Figure 82. Texas Instruments Incorporated: Net Revenue, 2020-2022 ($ Million)
Figure 83. Texas Instruments Incorporated: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 84. Texas Instruments Incorporated: Revenue Share by Segment, 2022 (%)
Figure 85. Texas Instruments Incorporated: Revenue Share by Region, 2022 (%)
Figure 86. Stmicroelectronics: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 87. Stmicroelectronics: Net Revenue, 2020-2022 ($ Million)
Figure 88. Stmicroelectronics: Revenue Share by Segment, 2022 (%)
Figure 89. Stmicroelectronics: Revenue Share by Region, 2022 (%)

Executive Summary

The Global Automotive Chip Market is expected to experience a significant growth rate of 9.6% from 2022-2031 owing to rising demand for advanced driving assistance systems

An electronic component made specifically for use in automobiles is known as an automotive chip. It is a semiconductor chip used in a variety of automotive applications, including advanced driver assistance systems (ADAS), gearbox control, infotainment systems, and engine management. It is employed to regulate and keep track of several vehicular operations, including braking, steering, and engine performance. Additionally, it is utilized to improve the driving experience by offering amenities like Bluetooth connectivity, GPS navigation, and music streaming. These chips are critical for the functioning of modern vehicles, as they enable the transmission and processing of data between various systems and components. The global automotive chip market is a rapidly growing sector that has seen significant growth due to advancements in technology and changes in consumer preferences. These chips are typically designed to withstand the harsh operating conditions in a vehicle, such as high temperatures, vibration, and electromagnetic interference. Automotive chips are available in several types, including microcontrollers, sensors, analog ICs, logic ICs, and memory chips, and are used for various applications, such as powertrain control, safety systems, and communication systems. The development of advanced automotive chips has been crucial in the development and advancement of electric and autonomous vehicles, as well as the integration of advanced safety and connectivity features in modern cars. However, in recent years due to the increasing complexity of vehicles and the rise of electric and autonomous vehicles may hinder demand for the market.

The automotive chip market is being driven by several factors, including advances in technology, increasing consumer demand for advanced features, and government regulations related to vehicle safety and emissions. One of the major drivers of the automotive chip market is the growing demand for advanced safety features. Consumers are increasingly interested in vehicles that are equipped with features like lane departure warning, adaptive cruise control, and automatic emergency braking. These features rely on a range of sensors and electronic systems, which in turn rely on automotive chips. Another factor driving the growth of the automotive chip market is the increasing complexity of vehicles. Modern cars are equipped with a range of electronic systems, including infotainment systems, navigation systems, and advanced driver assistance systems. All these systems require automotive chips to function properly. In addition to consumer demand, government regulations are also driving growth in the automotive chip market. Many countries around the world have implemented regulations related to vehicle safety and emissions, which are driving the development of innovative technologies and features that rely on automotive chips. Therefore, advances in technology are also contributing to the growth of the automotive chip market. New manufacturing processes and materials are enabling the development of smaller, more powerful chips capable of handling increasingly complex tasks. This is allowing car manufacturers to incorporate more advanced features into their vehicles, which is driving demand for automotive chips.

The automotive chip market is segmented into product, application, propulsion type, and region. By product, the market is classified into microcontrollers, logic ICs, sensors, analog ICs, and others. By application, it is bifurcated into powertrain, body electronics, safety systems, chassis, and telematics & infotainment systems. By propulsion type, it is segregated into ICE vehicles, and electric vehicles. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the study include Analog Devices, Inc., Infineon Technologies AG, NVIDIA Corporation, NXP Semiconductors, Renesas Electronics Corporation, Robert Bosch GmbH, ROHM CO., LTD, STMICRO Electronics, Texas Instruments Incorporated, and TOSHIBA CORPORATION. The players in the market have been actively engaged in the adoption of various strategies such as have adopted partnerships, investments, and product launches to remain competitive and gain advantage over the competitors in the market. For instance, in May 2021, Infineon Technologies AG launched a new automotive power module with CoolSiC MOSFET technology known as HybridPACK Drive CoolSiC, a full-bridge module with 1200 V blocking voltage optimized for traction inverters in electric vehicles (EV. Therefore, the development in automotive chips is anticipated to drive the market growth during the forecast period.

Key Market Insights

By product, the microcontroller segment was the highest revenue contributor to the market and is estimated to dominate the market during the forecast period.

By application, the safety system segment was the highest revenue contributor to the market in 2021 and are estimated to capturing the highest revenue during the forecast period.

By propulsion type, the ICE vehicles segment dominated the market in 2021 and is estimated to capturing the highest market share during the forecast period.

By region, North America was the highest revenue contributor, accounting for largest market share in 2021, and Asia-Pacific is estimated grow with the highest CAGR during the forecast period.

Companies Mentioned

  • Renesas Electronics Corporation.
  • Robert Bosch GmbH
  • ROHM CO., LTD
  • Texas Instruments Incorporated
  • STMicroelectronics
  • NXP Semiconductors
  • Analog Devices, Inc.
  • NVIDIA Corporation
  • Toshiba Corporation
  • Infineon Technologies AG

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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