Global Automotive Semiconductor Market Size, Trends & Growth Opportunity, By Component (Processor, Analog IC, Discrete Power Device, Sensor, Memory Device, Lighting Device), By Vehicle Type (Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)), By Fuel Type (Gasoline, Diesel, Electric/Hybrid Electric Vehicle (EV/HEV)), by Application (Powertrain, Safety, Body Electronics,
Report ID : QR1001256 | Industries : Semiconductors and Electronics | Published On :October 2021 | Page Count : 253Global Automotive Semiconductor Market
The global Automotive Semiconductor market was valued at USD 42090 million in 2020 which expected to reach USD 24.9 billion by 2027 at a CAGR 6.2% from 2020-2027.
Single metals or compounds are used to make semiconductors. Doping can modify the characteristics of these materials. Impurities are introduced through doping. They are compatible with the automotive industry's technical and quality standards. Autonomous driving is predicted to result in a rise in the number of semiconductor devices used in the car sector as technology improves. Autonomous vehicles rely on sophisticated algorithms, actuators, powerful processors, and machine learning systems to execute software.
Market Drivers
Consumers who really are accustomed to rich user experiences will be drawn to linked vehicles. As a result of these expectations, infotainment systems have evolved from bulky, purpose-built devices to streamlined, linked, upgradeable, and integrated platforms that demand the most up-to-date technology-featured chips. Every year, around 1.24 million people die as a result of road traffic accidents, according to the World Health Organization. If current trends continue, road traffic accidents will be the sixth largest cause of mortality by 2030.
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Market Restraints
Advanced Featured Vehicles Have Higher Prices. From August 3, 2021, Tata Motors will increase the price of its passenger vehicles in India. Depending on the version and model, the price increase will be in the region of 0.8 percent on average. All automobiles sold on or before August 31, 21 will be protected from the price rise, according to the business. This will be the domestic automaker's third price increase this year. Tata boosted the prices of its automobiles by up to 1.8 percent in May. Prior to that, car costs were increased by up to Rs 26,000 in January.
Impact of COVID-19
The COVID-19 pandemic and the subsequent steps adopted to reduce the infection rate caused major commercial volatility, which had a detrimental impact on sectors all around the world. Various industries, including the automobile semiconductor industry, have suffered significant setbacks as a result of the epidemic. The volume of vehicles sold, as well as the extent of vehicle electrification and digitization, determine semiconductor sales for automotive applications.
Market Segmentation
The Global Automotive Semiconductor Market is segmented into Facility Type, Vehicle Type, Fuel Type and Application. By Component such as Processor, Analog IC, Discrete Power Device, Sensor, Memory Device, Lighting Device. Further, market is segmented into By Vehicle Type such as Passenger Car, Light Commercial Vehicle (LCV), and Heavy Commercial Vehicle (HCV). By Fuel Type such as Gasoline, Diesel, Electric/Hybrid Electric Vehicle (EV/HEV). By Application such as Powertrain, Safety, Body Electronics, Chassis, Telematics and infotainment.
Regional Analysis
Global Automotive Semiconductor Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific has the largest market share and is expected to dominate the market during the forecast period. Faster GDP growth and highly ambitious Asian consumers have been the two main development drivers for most rising nations, including China, India, Malaysia, and other developing markets in Southeast Asia. A burgeoning middle class in China, for example, is predicted to continue supporting the Chinese auto market's steady expansion, with the market for new vehicle purchases and replacements increasing.
Key Players
Various key players are listed in this report such as Infineon Technologies AG; NXP Semiconductors; Renesas Electronics Corporation; Texas Instrument Incorporated; STMicroelectronics, Ford Motor Co, General Motors, Honda Motor Co., Ltd, Delphi Automotive PLC, Denso Corp.
Market Taxonomy
By Component
- Processor
- Analog IC
- Discrete Power Device
- Sensor
- Memory Device
- Lighting Device
By Vehicle Type
- Passenger Car
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
By Fuel Type
- Gasoline
- Diesel
- Electric/Hybrid Electric Vehicle (EV/HEV)
By Application
- Powertrain
- Safety
- Body Electronics
- Chassis
- Telematics and infotainment
By Region
- North America
- Latin America
- Europe
- China
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Automotive Semiconductor Market?
- What will be the growth rate from 2020 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
Global Automotive Semiconductor Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Automotive Semiconductor Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Automotive Semiconductor Market, By Component
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global Automotive Semiconductor Market Share Analysis, By Component
5.3 Global Automotive Semiconductor Market Size and Forecast, By Component
5.3.1 Processor
5.3.2 Analog IC
5.3.3 Discrete Power Device
5.3.4 Sensor
5.3.5 Memory Device
5.3.6 Lighting Device
6 Global Automotive Semiconductor Market, By Vehicle Type
6.1 Y-o-Y Growth Comparison, By Vehicle Type
6.2 Global Automotive Semiconductor Market Share Analysis, By Vehicle Type
6.3 Global Automotive Semiconductor Market Size and Forecast, By Vehicle Type
6.3.1 Passenger Car
6.3.2 Light Commercial Vehicle (LCV)
6.3.3 Heavy Commercial Vehicle (HCV)
7 Global Automotive Semiconductor Market, By Fuel Type
7.1 Y-o-Y Growth Comparison, By Fuel Type
7.2 Global Automotive Semiconductor Market Share Analysis, By Fuel Type
7.3 Global Automotive Semiconductor Market Size and Forecast, By Fuel Type
7.3.1 Powertrain
7.3.2. Safety
7.3.3 Body Electronics
7.3.4 Chassis
7.3.5 Telematics and infotainment
8 Global Automotive Semiconductor Market, By Application
8.1 Y-O-Y Growth Comparison, By Application
8.2 Global Automotive Semiconductor Market Share Analysis, By Application
8.3 Global Automotive Semiconductor Market Size and Forecast, By Application
8.3.1 Powertrain
8.3.2 Safety
8.3.3 Body Electronics
8.3.4 Chassis
8.3.5 Telematics and infotainment
9 Global Automotive Semiconductor Market, By Region
9.1 Global Automotive Semiconductor Market Share Analysis, By Region
9.2 Global Automotive Semiconductor Market Share Analysis, By Region
9.3 Global Automotive Semiconductor Market Size and Forecast, By Region
10 North America Automotive Semiconductor Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 North America Automotive Semiconductor Market Share Analysis, By Fuel Type
10.3 North America Automotive Semiconductor Market Size and Forecast, By Vehicle Type
10.4 North America Automotive Semiconductor Market Size and Forecast, By Fuel Type
10.5 North America Automotive Semiconductor Market Size and Forecast, By Application
10.6 North America Automotive Semiconductor Market Size and Forecast, By Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
11 Europe Automotive Semiconductor Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Europe Automotive Semiconductor Market Share Analysis, By Fuel Type
11.3 Europe Automotive Semiconductor Market Size and Forecast, By Vehicle Type
11.4 Europe Automotive Semiconductor Market Size and Forecast, By Fuel Type
11.5 Europe Automotive Semiconductor Market Size and Forecast, By Application
11.6 Europe Automotive Semiconductor Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4. Rest of Europe
12 Asia Pacific Automotive Semiconductor Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Asia Pacific Automotive Semiconductor Market Share Analysis, By Fuel Type
12.3 Asia Pacific Automotive Semiconductor Market Size and Forecast, By Vehicle Type
12.4 Asia Pacific Automotive Semiconductor Market Size and Forecast, By Fuel Type
12.5 Asia Pacific Automotive Semiconductor Market Size and Forecast, By Application
12.6 Asia Pacific Automotive Semiconductor Market Size and Forecast, By Country
12.6.1 China
12.7.2 Japan
12.8.3 India
12.9.4. Rest of Asia Pacific
13 Latin America Automotive Semiconductor Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Latin America Automotive Semiconductor Market Share Analysis, By Fuel Type
13.3 Latin America Automotive Semiconductor Market Size and Forecast, By Vehicle Type
13.4 Latin America Automotive Semiconductor Market Size and Forecast, By Fuel Type
13.5 Latin America Automotive Semiconductor Market Size and Forecast, By Application
13.6 Latin America Automotive Semiconductor Market Size and Forecast, Country
13.7.1. Brazil
13.8.2. Rest of Latin America
14 Middle East Automotive Semiconductor Market Analysis and Forecast (2021-2027)
14.1 Introduction
14.2 Middle East Automotive Semiconductor Market Share Analysis, By Fuel Type
14.3 Middle East Automotive Semiconductor Market Size and Forecast, By Vehicle Type
14.4 Middle East Automotive Semiconductor Market Size and Forecast, By Fuel Type
14.5 Middle East Automotive Semiconductor Market Size and Forecast, By Application
14.6 Middle East Automotive Semiconductor Market Size and Forecast, By Country
14.7.1. Saudi Arabia
14.8.2. UAE
14.9.3. Egypt
14.10.4. Kuwait
14.11.5. South Africa
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Infineon Technologies AG
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
17.2. NXP Semiconductors
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3. Renesas Electronics Corporation
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 Texas Instrument Incorporated
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 STMicroelectronics
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 Ford Motor Co
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 General Motors
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 Honda Motor Co., Ltd
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 Delphi Automotive PLC
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10 Denso Corp.
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies