The global Automotive Electronics Chips market was valued at US$ 41.91 billion in 2023 and is projected to reach US$ 110.49 billion by 2030, at a CAGR of 10.88% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global key manufacturers of Automotive Electronics Chips include Renesas Electronics Corporation., Infineon Technologies AG, Robert Bosch GMBH, NXP Semiconductors, Texas Instruments, Onsemi, Renesas Electronics, STMicroelectronics and Aquantia Corp., etc. in 2023, the global top five players have a share approximately % in terms of revenue.
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Automotive electronics chips are often used to track and regulate various functions of the vehicle. Various algorithms are used to complete these functions, which can provide drivers with a smooth and simple driving experience.
This report aims to provide a comprehensive presentation of the global market for Automotive Electronics Chips, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Electronics Chips. This report contains market size and forecasts of Automotive Electronics Chips in global, including the following market information:
Global Automotive Electronics Chips Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Automotive Electronics Chips Market Sales, 2019-2024, 2025-2030, (K Units)
Global top five Automotive Electronics Chips companies in 2023 (%)
The automotive electronics chips market has experienced significant growth over the past few years, driven by the increasing demand for advanced automotive technologies and safety features.
Chip Utilization: On average, modern vehicles use over 1,000 semiconductor chips, with luxury and electric vehicles using even more. This number is expected to increase as vehicles become more sophisticated and incorporate more advanced features.
Application Segments
Safety Systems: Approximately 25% of the total automotive electronics chips are utilized in advanced driver-assistance systems (ADAS) and safety applications, including features such as collision detection, lane departure warnings, and automatic emergency braking.
Infotainment: Around 20% of automotive chips are dedicated to infotainment systems. These include navigation, audio and video entertainment, and connectivity features that enhance the driving experience.
Powertrain and Engine Control: Chips used in engine control units (ECUs) and powertrain management systems account for about 30% of the market. These chips are critical for optimizing engine performance, fuel efficiency, and emission control.
Body Electronics: This segment, which includes systems such as lighting, climate control, and seat adjustment, constitutes roughly 15% of the automotive electronics chips market.
Electric Vehicles (EVs): With the rise of EVs, about 10% of automotive chips are now dedicated to battery management systems, electric motor control, and charging infrastructure.
Safety Systems: Approximately 25% of the total automotive electronics chips are utilized in advanced driver-assistance systems (ADAS) and safety applications, including features such as collision detection, lane departure warnings, and automatic emergency braking.
Infotainment: Around 20% of automotive chips are dedicated to infotainment systems. These include navigation, audio and video entertainment, and connectivity features that enhance the driving experience.
Powertrain and Engine Control: Chips used in engine control units (ECUs) and powertrain management systems account for about 30% of the market. These chips are critical for optimizing engine performance, fuel efficiency, and emission control.
Body Electronics: This segment, which includes systems such as lighting, climate control, and seat adjustment, constitutes roughly 15% of the automotive electronics chips market.
Electric Vehicles (EVs): With the rise of EVs, about 10% of automotive chips are now dedicated to battery management systems, electric motor control, and charging infrastructure.
Geographic Distribution
Asia-Pacific: This region holds the largest share of the automotive electronics chips market, accounting for approximately 45% of global demand. The growth is driven by the significant automotive production in countries like China, Japan, and South Korea.
North America: Representing around 25% of the market, North America is a key player, particularly in the adoption of advanced automotive technologies and the presence of major automotive manufacturers and chipmakers.
Europe: With a 20% share, Europe remains a strong market due to stringent safety regulations and a high demand for premium vehicles equipped with advanced electronics.
Rest of the World: The remaining 10% of the market is distributed among other regions, including Latin America, the Middle East, and Africa, where automotive electronics adoption is gradually increasing.
Asia-Pacific: This region holds the largest share of the automotive electronics chips market, accounting for approximately 45% of global demand. The growth is driven by the significant automotive production in countries like China, Japan, and South Korea.
North America: Representing around 25% of the market, North America is a key player, particularly in the adoption of advanced automotive technologies and the presence of major automotive manufacturers and chipmakers.
Europe: With a 20% share, Europe remains a strong market due to stringent safety regulations and a high demand for premium vehicles equipped with advanced electronics.
Rest of the World: The remaining 10% of the market is distributed among other regions, including Latin America, the Middle East, and Africa, where automotive electronics adoption is gradually increasing.
Consumer Trends
Connected Cars: Approximately 75% of new cars sold in 2023 were connected vehicles, capable of communicating with other devices and systems via the Internet of Things (IoT). This trend is expected to reach 90% by 2030.
Autonomous Driving: The push towards autonomous driving has led to a surge in demand for high-performance automotive chips. By 2030, it is estimated that 30% of new vehicles will have some level of autonomous driving capability, requiring advanced chips for sensor processing, decision making, and control systems.
Electrification: The shift towards electric vehicles is accelerating. In 2023, EVs accounted for about 14% of global car sales, and this figure is projected to grow to 30% by 2030. This shift is driving significant demand for specialized chips used in EV powertrains and battery management.
Connected Cars: Approximately 75% of new cars sold in 2023 were connected vehicles, capable of communicating with other devices and systems via the Internet of Things (IoT). This trend is expected to reach 90% by 2030.
Autonomous Driving: The push towards autonomous driving has led to a surge in demand for high-performance automotive chips. By 2030, it is estimated that 30% of new vehicles will have some level of autonomous driving capability, requiring advanced chips for sensor processing, decision making, and control systems.
Electrification: The shift towards electric vehicles is accelerating. In 2023, EVs accounted for about 14% of global car sales, and this figure is projected to grow to 30% by 2030. This shift is driving significant demand for specialized chips used in EV powertrains and battery management.
Challenges and Opportunities
Supply Chain Disruptions: The automotive industry has faced challenges due to semiconductor shortages, impacting production schedules and leading to increased lead times for vehicle deliveries.
Technological Advancements: The development of new semiconductor technologies, such as silicon carbide (SiC) and gallium nitride (GaN), offers opportunities for improved performance and efficiency in automotive applications.
Regulatory Compliance: Stricter emissions and safety regulations worldwide are driving the need for more advanced and reliable automotive electronics, presenting opportunities for chip manufacturers to innovate and capture market share.
Supply Chain Disruptions: The automotive industry has faced challenges due to semiconductor shortages, impacting production schedules and leading to increased lead times for vehicle deliveries.
Technological Advancements: The development of new semiconductor technologies, such as silicon carbide (SiC) and gallium nitride (GaN), offers opportunities for improved performance and efficiency in automotive applications.
Regulatory Compliance: Stricter emissions and safety regulations worldwide are driving the need for more advanced and reliable automotive electronics, presenting opportunities for chip manufacturers to innovate and capture market share.
We surveyed the Automotive Electronics Chips manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Electronics Chips Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Automotive Electronics Chips Market Segment Percentages, by Type, 2023 (%)
Function Chip
Power Semiconductor
Sensor
Global Automotive Electronics Chips Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Automotive Electronics Chips Market Segment Percentages, by Application, 2023 (%)
Passenger Vehicles
Commercial Vehicles
Global Automotive Electronics Chips Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Automotive Electronics Chips Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Electronics Chips revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Automotive Electronics Chips revenues share in global market, 2023 (%)
Key companies Automotive Electronics Chips sales in global market, 2019-2024 (Estimated), (K Units)
Key companies Automotive Electronics Chips sales share in global market, 2023 (%)
key players include:
Renesas Electronics Corporation.
Infineon Technologies AG
Robert Bosch GMBH
NXP Semiconductors
Texas Instruments
Onsemi
Renesas Electronics
STMicroelectronics
Aquantia Corp.
Denso Corporation
Nvidia Corporation
Beijing NavInfo Technology Co.,Ltd.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Electronics Chips, market overview.
Chapter 2: Global Automotive Electronics Chips market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Electronics Chips manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Electronics Chips in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Electronics Chips capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports1.1 Automotive Electronics Chips Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global Automotive Electronics Chips Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global Automotive Electronics Chips Overall Market Size2.1 Global Automotive Electronics Chips Market Size: 2023 VS 20302.2 Global Automotive Electronics Chips Revenue, Prospects & Forecasts: 2019-20302.3 Global Automotive Electronics Chips Sales: 2019-20303 Company Landscape3.1 Top Automotive Electronics Chips Players in Global Market3.2 Top Global Automotive Electronics Chips Companies Ranked by Revenue3.3 Global Automotive Electronics Chips Revenue by Companies3.4 Global Automotive Electronics Chips Sales by Companies3.5 Global Automotive Electronics Chips Price by Manufacturer (2019-2024)3.6 Top 3 and Top 5 Automotive Electronics Chips Companies in Global Market, by Revenue in 20233.7 Global Manufacturers Automotive Electronics Chips Product Type3.8 Tier 1, Tier 2 and Tier 3 Automotive Electronics Chips Players in Global Market3.8.1 List of Global Tier 1 Automotive Electronics Chips Companies3.8.2 List of Glob
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