Automotive Semiconductor Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research has recently published an in-depth analysis of the global automotive semiconductor market, offering a comprehensive overview of key market dynamics, growth drivers, challenges, and emerging trends. This report provides valuable insights into the structure of the automotive semiconductor market, presenting exclusive data and statistics that forecast the market's growth trajectory from 2023 to 2030.

The global automotive semiconductor market is projected to expand at a CAGR of 7.5% and thereby increase from a value of US$57.3 Billion in 2023, to US$95 Billion by the end of 2030.

Key Insights:

Automotive Semiconductor Market Size (2023E): US$57.3 Billion

Projected Market Value (2030F): US$95 Billion

Global Market Growth Rate (CAGR 2023 to 2030): 7.5%

Historical Market Growth Rate (CAGR 2018 to 2022): 6.2%

Automotive Semiconductor Market - Report Scope:

The automotive semiconductor sector encompasses a vast array of semiconductor solutions critical for modern vehicle functionalities, including but not limited to, power management, safety systems, infotainment, and autonomous driving technologies. These semiconductors form the backbone of automotive electronics, facilitating enhanced performance, efficiency, and safety in vehicles. The market growth is propelled by escalating consumer demand for advanced automotive features, regulatory mandates emphasizing vehicle safety, and the proliferation of electric vehicles (EVs) and hybrid vehicles.

Market Growth Drivers:

The burgeoning demand for electric vehicles (EVs) and hybrid electric vehicles (HEVs) constitutes a significant growth driver for the automotive semiconductor market. As the automotive industry undergoes a transformative shift towards electrification, the demand for semiconductor solutions powering electric drivetrains, battery management systems, and onboard charging infrastructure is witnessing an unprecedented surge. Additionally, the integration of advanced driver-assistance systems (ADAS) and in-vehicle infotainment systems further amplifies the demand for automotive semiconductors, fostering market expansion.

Market Restraints:

The automotive semiconductor market encounters several challenges, including supply chain disruptions, semiconductor shortages, and fluctuating raw material costs. These factors pose substantial obstacles to market participants, leading to production delays, supply chain bottlenecks, and increased manufacturing expenses. Moreover, the complexity of automotive semiconductor design and manufacturing processes contributes to prolonged development cycles and time-to-market delays, impeding market growth.

Market Opportunities:

The automotive semiconductor market presents lucrative opportunities for innovation and technological advancement, particularly in the realm of autonomous driving technologies, vehicle electrification, and connected car solutions. The rapid evolution of artificial intelligence (AI), machine learning, and sensor technologies enables the development of sophisticated automotive semiconductor solutions capable of delivering unparalleled performance, efficiency, and safety. Furthermore, strategic partnerships, collaborations, and investments in research and development (R&D) initiatives are instrumental in capitalizing on emerging market opportunities and gaining a competitive edge in the automotive semiconductor landscape.

Key Questions Answered in the Report:

Which segments of the automotive semiconductor market are poised for substantial growth in the foreseeable future?
How will regulatory mandates and industry standards impact the adoption of automotive semiconductor solutions?
What role do emerging technologies such as AI, machine learning, and IoT play in shaping the future of the automotive semiconductor market?
Who are the key players driving innovation and market expansion in the automotive semiconductor industry?
What strategies are automotive semiconductor companies employing to mitigate supply chain disruptions and semiconductor shortages?

Competitive Intelligence and Business Strategy:

Major players in the global automotive semiconductor market, including NXP Semiconductors N.V., Infineon Technologies AG, Texas Instruments Incorporated, and Renesas Electronics Corporation, prioritize innovation, research, and development to drive product differentiation and gain a competitive advantage. These companies focus on expanding their product portfolios, enhancing manufacturing capabilities, and forging strategic partnerships with automotive OEMs and Tier 1 suppliers to capitalize on emerging market trends and customer demands. Additionally, investments in semiconductor fabrication facilities, design methodologies, and quality assurance practices are instrumental in ensuring product reliability, performance, and scalability in the dynamic automotive semiconductor landscape.

Key Companies Profiled:
Analog Devices, Inc.
Infineon Technologies AG
NXP Semiconductors

Renesas Electronics Corporation

Robert Bosch GmbH
ROHM CO., LTD.

Semiconductor Components Industries, LLC

STMicroelectronics

Texas Instruments Incorporated

TOSHIBA CORPORATION

Automotive Semiconductor Market Research Segmentation:

By Component Location:
Processor
Analog IC
Sensor
Memory
Misc
By Vehicle Type:
Passenger Car
LCV
HCV
By Application:
Powertrain
Safety
Body Electronics
Chassis
Telematics and Infotainment
By Region:
North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33551

1. Executive Summary

1.1. Global Automotive Semiconductor Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Component Lifecycle Analysis
2.4. Automotive Semiconductor Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Automotive Semiconductor Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global Automotive Semiconductor Market Outlook: Component
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Component, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Component, 2023 - 2030
  - 3.3.3.1. Processor
  - 3.3.3.2. Analog IC
  - 3.3.3.3. Sensor HCV
  - 3.3.3.4. Memory
  - 3.3.3.5. Misc
3.4. Market Attractiveness Analysis: Component
3.5. Global Automotive Semiconductor Market Outlook: Vehicle Type
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Vehicle Type, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Vehicle Type, 2023 - 2030
  - 3.5.3.1. Passenger Car
  - 3.5.3.2. LCV
  - 3.5.3.3. HCV
3.6. Market Attractiveness Analysis: Vehicle Type
3.7. Global Automotive Semiconductor Market Outlook: Application
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Application, 2018 - 2022
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
  - 3.7.3.1. Powertrain
  - 3.7.3.2. Safety
  - 3.7.3.3. Body Electronics
  - 3.7.3.4. Chassis
  - 3.7.3.5. Telematics and Infotainment
3.8. Market Attractiveness Analysis: Application

4. Global Automotive Semiconductor Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Automotive Semiconductor Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Component
- 5.3.3. By Vehicle Type
- 5.3.4. By Application
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Component, 2023 - 2030
- 5.5.1. Processor
- 5.5.2. Analog IC
- 5.5.3. Sensor
- 5.5.4. Memory
- 5.5.5. Misc
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Vehicle Type, 2023 - 2030
- 5.6.1. Passenger Car
- 5.6.2. LCV
- 5.6.3. HCV
5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 5.7.1. Powertrain
- 5.7.2. Safety
- 5.7.3. Body Electronics
- 5.7.4. Chassis
- 5.7.5. Telematics and Infotainment
5.8. Market Attractiveness Analysis

6. Europe Automotive Semiconductor Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Component
- 6.3.3. By Vehicle Type
- 6.3.4. By Application
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. T rkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Component, 2023 - 2030
- 6.5.1. Processor
- 6.5.2. Analog IC
- 6.5.3. Sensor
- 6.5.4. Memory
- 6.5.5. Misc
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Vehicle Type, 2023 - 2030
- 6.6.1. Passenger Car
- 6.6.2. LCV
- 6.6.3. HCV
6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 6.7.1. Powertrain
- 6.7.2. Safety
- 6.7.3. Body Electronics
- 6.7.4. Chassis
- 6.7.5. Telematics and Infotainment
6.8. Market Attractiveness Analysis

7. East Asia Automotive Semiconductor Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Component
- 7.3.3. By Vehicle Type
- 7.3.4. By Application
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Component, 2023 - 2030
- 7.5.1. Processor
- 7.5.2. Analog IC
- 7.5.3. Sensor
- 7.5.4. Memory
- 7.5.5. Misc
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Vehicle Type, 2023 - 2030
- 7.6.1. Passenger Car
- 7.6.2. LCV
- 7.6.3. HCV
7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 7.7.1. Powertrain
- 7.7.2. Safety
- 7.7.3. Body Electronics
- 7.7.4. Chassis
- 7.7.5. Telematics and Infotainment
7.8. Market Attractiveness Analysis

8. South Asia & Oceania Automotive Semiconductor Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Component
- 8.3.3. By Vehicle Type
- 8.3.4. By Application
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Component, 2023 - 2030
- 8.5.1. Processor
- 8.5.2. Analog IC
- 8.5.3. Sensor
- 8.5.4. Memory
- 8.5.5. Misc
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Vehicle Type, 2023 - 2030
- 8.6.1. Passenger Car
- 8.6.2. LCV
- 8.6.3. HCV
8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 8.7.1. Powertrain
- 8.7.2. Safety
- 8.7.3. Body Electronics
- 8.7.4. Chassis
- 8.7.5. Telematics and Infotainment
8.8. Market Attractiveness Analysis

9. Latin America Automotive Semiconductor Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Component
- 9.3.3. By Vehicle Type
- 9.3.4. By Application
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Component, 2023 - 2030
- 9.5.1. Processor
- 9.5.2. Analog IC
- 9.5.3. Sensor
- 9.5.4. Memory
- 9.5.5. Misc
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Vehicle Type, 2023 - 2030
- 9.6.1. Passenger Car
- 9.6.2. LCV
- 9.6.3. HCV
9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 9.7.1. Powertrain
- 9.7.2. Safety
- 9.7.3. Body Electronics
- 9.7.4. Chassis
- 9.7.5. Telematics and Infotainment
9.8. Market Attractiveness Analysis

10. Middle East & Africa Automotive Semiconductor Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Component
- 10.3.3. By Vehicle Type
- 10.3.4. By Application
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Component, 2023 - 2030
- 10.5.1. Processor
- 10.5.2. Analog IC
- 10.5.3. Sensor
- 10.5.4. Memory
- 10.5.5. Misc
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Vehicle Type, 2023 - 2030
- 10.6.1. Passenger Car
- 10.6.2. LCV
- 10.6.3. HCV
10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 10.7.1. Powertrain
- 10.7.2. Safety
- 10.7.3. Body Electronics
- 10.7.4. Chassis
- 10.7.5. Telematics and Infotainment
10.8. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Analog IC
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Analog Devices, Inc.
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Infineon Technologies AG
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. NXP Semiconductors
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. Renesas Electronics Corporation
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Robert Bosch GmbH
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. ROHM CO., LTD.
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Semiconductor Components Industries, LLC
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. STMicroelectronics
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. Texas Instruments Incorporated
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. TOSHIBA CORPORATION
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations