PUBLISHER: SkyQuest | PRODUCT CODE: 1463312
PUBLISHER: SkyQuest | PRODUCT CODE: 1463312
Global Automotive High-Side MOSFET Drivers Market size was valued at USD 358.81 billion in 2022 and is poised to grow from USD 413.71 billion in 2023 to USD 1292.20 billion by 2031, growing at a CAGR of 15.3% during the forecast period (2024-2031).
MOSFET drivers are equipped with a number of features, including the ability to operate in a range of temperatures and short-circuit protection. These drivers are used in many different applications, such as electric car charging, commercial sewing machines, robots, forklifts, and general-purpose drives. The market's objective is to supply cutting-edge electronic solutions to the automobile sector, with an emphasis on performance, safety, and energy economy. The market is driven by the growing requirement for better safety features in cars as well as the growing demand for electric vehicles, which depend on sophisticated electronics to ensure their performance and economy. For instance, Infineon Technologies AG introduced the TLE985x, a new high-side MOSFET driver, for automotive applications in March 2021. With its many functions, including as overvoltage, overtemperature, and short-circuit protection, the TLE985x is a versatile component that may be used in a multitude of automotive systems.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Automotive High-Side MOSFET Drivers Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Automotive High-Side MOSFET Drivers Market Segmental Analysis
Global Automotive High-Side MOSFET Drivers Market is segmented on the basis of type, application and region. By type, the market is segmented into passenger cars, light commercial vehicle, heavy commercial vehicle, electric vehicles. By application, the market is segmented into engine control units, transmission control units, safety & security systems, infotainment systems. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Drivers of the Global Automotive High-Side MOSFET Drivers Market
The demand for electric and hybrid vehicles is being driven by the introduction of strict government requirements for fuel efficiency and pollution. For these cars to have better energy efficiency and power electronics control, MOSFET drivers are a must. The automotive high-side MOSFET driver market is anticipated to expand rapidly due to the rising need for sophisticated safety and infotainment features in automobiles. These features, which call for the employment of MOSFET drivers, include lane departure warning, accident avoidance systems, and rearview cameras.
Restraints in the Global Automotive High-Side MOSFET Drivers Market
The market for automotive high-side MOSFET drivers is significantly constrained by the high cost of MOSFET drivers. Although MOSFET drivers are crucial for managing power electronics in automobiles, the high price of these parts may raise the whole cost of the vehicle.
Market Trends of the Global Automotive High-Side MOSFET Drivers Market
Modern technologies like gallium nitride (GaN) MOSFETs and silicon carbide (SiC) MOSFETs are being used by the market. Automotive manufacturers find these cutting-edge technologies appealing because they provide better performance, more efficiency, and lower prices as compared to conventional MOSFET drivers.