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Automotive Semiconductor Market Share

  • Report ID: GMI6022
  • Published Date: Aug 2024
  • Report Format: PDF

Automotive Semiconductor Market Share

Infineon Technologies AG and NXP Semiconductors N.V. holds a significant share of over 15% in the market. The automotive semiconductor industry is highly competitive, driven by the presence of several leading global players. Companies like Infineon Technologies AG and NXP Semiconductors N.V. are at the forefront, offering a wide range of semiconductor solutions for power management, ADAS, and in-vehicle networking. Infineon’s strength lies in its expertise in automotive power semiconductors, while NXP excels in integrating secure connectivity and processing technologies. Both companies are heavily invested in R&D to support the growing demand for advanced automotive applications, maintaining their competitive edge in this dynamic market.
 

Onsemi and STMicroelectronics N.V. also play significant roles in the automotive semiconductor landscape, focusing on high-performance analog and mixed-signal components. Onsemi’s innovations in power and sensor solutions complement STMicroelectronics’ broad portfolio that includes microcontrollers and MEMS sensors. Both companies are strategically positioning themselves to capitalize on the rising trends in electrification and automation within the automotive sector. Their competitive strategies include enhancing product capabilities and expanding their market presence through partnerships and technological advancements.
 

Automotive Semiconductor Market Companies

Major players operating in the automotive semiconductor industry are:

  • Analog Devices, Inc.
  • Infineon Technologies AG
  • NXP Semiconductors N.V
  • Onsemi
  • Robert Bosch GmbH
  • STMicroelectronics N.V.
  • Taiwan Semiconductor Manufacturing Company
Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size of automotive semiconductor reached USD 69.3 billion in 2023 and is set to register over 11% CAGR between 2024 and 2032, due to governments worldwide implementing stringent emissions regulations and offering incentives for EV purchases

The processor component segment accounted for over 27% of the market share in 2023, led by the increasing complexity and computational demands of modern automotive systems.

Asia Pacific held over 35% of the market share in 2023, owing to its dominant role in both automotive manufacturing and semiconductor production.

Analog Devices, Inc., Infineon Technologies AG, NXP Semiconductors N.V, Onsemi, Robert Bosch GmbH, STMicroelectronics N.V., and Taiwan Semiconductor Manufacturing Company.

Automotive Semiconductor Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 25
  • Tables & Figures: 367
  • Countries covered: 21
  • Pages: 250
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