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Automotive & Transportation

Global Automotive Chips Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

$2999

Discover the automotive chips market trends 2025-2032, covering IC types, vehicle segments, propulsion systems, and key industry insights.

SKU: 1634    Pages: 200   Format: PDF   Delivery: Upto 24 to 48 hrs

Introduction

  1. The global automotive chips market is witnessing significant growth, with an estimated valuation of USD 41.25 billion in 2024 and a projected rise to USD 104.80 billion by 2032, reflecting the increasing integration of advanced electronics in modern vehicles.
  2. Over the period from 2025 to 2032, the market is expected to grow at a robust CAGR of 12.5%, driven primarily by the surging demand for electric and hybrid vehicles across key automotive markets worldwide.
  3. Rapid technological advancements, including smart mobility solutions, autonomous driving features, and enhanced safety systems, are fueling the adoption of automotive chips, positioning the market as a critical component of the future automotive ecosystem.

TOWS Matrix - Global Automotive Chips Market

1. Strengths – Opportunities (SO) Strategies
1.1 Leverage strong technological expertise to develop advanced chips for electric and autonomous vehicles.
1.2 Expand R&D capabilities to capitalize on the growing adoption of hybrid and connected vehicles worldwide.
1.3 Partner with leading automakers to integrate high-performance chips into next-generation vehicle platforms.

2. Strengths – Threats (ST) Strategies
2.1 Utilize robust supply chain networks to mitigate risks of semiconductor shortages.
2.2 Strengthen intellectual property and technological innovation to counter rising competition from emerging chip manufacturers.
2.3 Implement cost-efficient production strategies to maintain market leadership amid fluctuating raw material prices.

3. Weaknesses – Opportunities (WO) Strategies
3.1 Invest in innovation and skilled workforce training to overcome technology gaps and meet evolving automotive standards.
3.2 Collaborate with startups and tech companies to accelerate development of smart mobility solutions.
3.3 Improve production scalability to address rising demand from electric and hybrid vehicle markets.

4. Weaknesses – Threats (WT) Strategies
4.1 Diversify supply sources to reduce dependency on limited semiconductor suppliers and geopolitical risks.
4.2 Enhance operational efficiency to minimize impact of regulatory changes and market volatility.
4.3 Strengthen cybersecurity measures to protect chip technology from potential industry-wide threats.

Segment and Key Players

1. By Product Type
1.1 Microcontrollers (MCUs)
1.2 Power Semiconductors
1.3 Sensors & Actuators
1.4 Application-Specific Integrated Circuits (ASICs)
1.5 Infotainment & Connectivity Chips
1.6 Others

2. By Vehicle Type
2.1 Passenger Cars
2.2 Light Commercial Vehicles (LCVs)
2.3 Heavy Commercial Vehicles (HCVs)
2.4 Electric Vehicles (EVs)
2.5 Hybrid Vehicles (HEVs)

3. By Application
3.1 Powertrain
3.2 Advanced Driver Assistance Systems (ADAS)
3.3 Infotainment & Connectivity
3.4 Safety & Security
3.5 Body Electronics
3.6 Others

4. By Region
4.1 North America
4.1.1 United States
4.1.2 Canada
4.1.3 Mexico
4.2 Europe
4.2.1 Germany
4.2.2 France
4.2.3 United Kingdom
4.2.4 Italy
4.2.5 Spain
4.2.6 Rest of Europe
4.3 Asia-Pacific
4.3.1 China
4.3.2 Japan
4.3.3 South Korea
4.3.4 India
4.3.5 ASEAN Countries
4.3.6 Rest of APAC
4.4 Latin America
4.4.1 Brazil
4.4.2 Argentina
4.4.3 Rest of Latin America
4.5 Middle East & Africa
4.5.1 GCC Countries
4.5.2 South Africa
4.5.3 Rest of MEA

5. Key Players
5.1 NXP Semiconductors N.V.
5.2 Infineon Technologies AG
5.3 Texas Instruments Incorporated
5.4 STMicroelectronics N.V.
5.5 Renesas Electronics Corporation
5.6 ON Semiconductor Corporation
5.7 Qualcomm Technologies, Inc.
5.8 Analog Devices, Inc.
5.9 Broadcom Inc.
5.10 Toshiba Corporation

1. Introduction
1.1 Market Overview
1.2 Market Definition
1.3 Research Scope and Methodology
1.4 Key Market Trends
1.5 Market Dynamics
1.6 Regulatory and Policy Framework

2. Market Segmentation by Product Type
2.1 Microcontrollers (MCUs)
2.2 Power Semiconductors
2.3 Sensors & Actuators
2.4 Application-Specific Integrated Circuits (ASICs)
2.5 Infotainment & Connectivity Chips
2.6 Others

3. Market Segmentation by Vehicle Type
3.1 Passenger Cars
3.2 Light Commercial Vehicles (LCVs)
3.3 Heavy Commercial Vehicles (HCVs)
3.4 Electric Vehicles (EVs)
3.5 Hybrid Vehicles (HEVs)

4. Market Segmentation by Application
4.1 Powertrain
4.2 Advanced Driver Assistance Systems (ADAS)
4.3 Infotainment & Connectivity
4.4 Safety & Security
4.5 Body Electronics
4.6 Others

5. Market Segmentation by Region
5.1 North America
5.1.1 United States
5.1.2 Canada
5.1.3 Mexico
5.2 Europe
5.2.1 Germany
5.2.2 France
5.2.3 United Kingdom
5.2.4 Italy
5.2.5 Spain
5.2.6 Rest of Europe
5.3 Asia-Pacific
5.3.1 China
5.3.2 Japan
5.3.3 South Korea
5.3.4 India
5.3.5 ASEAN Countries
5.3.6 Rest of APAC
5.4 Latin America
5.4.1 Brazil
5.4.2 Argentina
5.4.3 Rest of Latin America
5.5 Middle East & Africa (MEA)
5.5.1 GCC Countries
5.5.2 South Africa
5.5.3 Rest of MEA

6. Key Players
6.1 NXP Semiconductors N.V.
6.2 Infineon Technologies AG
6.3 Texas Instruments Incorporated
6.4 STMicroelectronics N.V.
6.5 Renesas Electronics Corporation
6.6 ON Semiconductor Corporation
6.7 Qualcomm Technologies, Inc.
6.8 Analog Devices, Inc.
6.9 Broadcom Inc.
6.10 Toshiba Corporation

7. Market Outlook and Future Trends
7.1 Growth Opportunities
7.2 Technological Innovations
7.3 Challenges and Restraints

8. Conclusion

1. By Product Type
1.1 Microcontrollers (MCUs)
1.2 Power Semiconductors
1.3 Sensors & Actuators
1.4 Application-Specific Integrated Circuits (ASICs)
1.5 Infotainment & Connectivity Chips
1.6 Others

2. By Vehicle Type
2.1 Passenger Cars
2.2 Light Commercial Vehicles (LCVs)
2.3 Heavy Commercial Vehicles (HCVs)
2.4 Electric Vehicles (EVs)
2.5 Hybrid Vehicles (HEVs)

3. By Application
3.1 Powertrain
3.2 Advanced Driver Assistance Systems (ADAS)
3.3 Infotainment & Connectivity
3.4 Safety & Security
3.5 Body Electronics
3.6 Others

4. By Region
4.1 North America
4.1.1 United States
4.1.2 Canada
4.1.3 Mexico
4.2 Europe
4.2.1 Germany
4.2.2 France
4.2.3 United Kingdom
4.2.4 Italy
4.2.5 Spain
4.2.6 Rest of Europe
4.3 Asia-Pacific
4.3.1 China
4.3.2 Japan
4.3.3 South Korea
4.3.4 India
4.3.5 ASEAN Countries
4.3.6 Rest of APAC
4.4 Latin America
4.4.1 Brazil
4.4.2 Argentina
4.4.3 Rest of Latin America
4.5 Middle East & Africa
4.5.1 GCC Countries
4.5.2 South Africa
4.5.3 Rest of MEA

5. Key Players
5.1 NXP Semiconductors N.V.
5.2 Infineon Technologies AG
5.3 Texas Instruments Incorporated
5.4 STMicroelectronics N.V.
5.5 Renesas Electronics Corporation
5.6 ON Semiconductor Corporation
5.7 Qualcomm Technologies, Inc.
5.8 Analog Devices, Inc.
5.9 Broadcom Inc.
5.10 Toshiba Corporation

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Frequently Asked Questions

Frequently Asked Questions

What factors are driving the rapid growth of the automotive chips market in 2025 and beyond?

The market is being fueled by the global surge in electric and hybrid vehicle adoption, increased integration of advanced driver-assistance systems (ADAS), and rising demand for connected and smart vehicles. Innovations in semiconductor technology and the push for energy-efficient automotive solutions are also key growth catalysts.

Which automotive chip types are currently in highest demand, and why?

Microcontrollers (MCUs), power semiconductors, and sensors & actuators are leading demand due to their crucial roles in EV powertrains, autonomous driving systems, and vehicle safety features. Infotainment and connectivity chips are also gaining traction as consumers seek smarter, connected vehicle experiences.

How is regional demand shaping the global automotive chips market?

Asia-Pacific, led by China, Japan, and South Korea, dominates due to strong EV manufacturing and technological advancements. North America benefits from high EV adoption and autonomous vehicle development, while Europe sees steady growth through stringent emission regulations and smart mobility initiatives.

Who are the major players influencing the automotive chips industry, and what strategies are they using to stay competitive?

Key players include NXP Semiconductors, Infineon Technologies, Texas Instruments, STMicroelectronics, and Qualcomm. These companies focus on R&D innovation, strategic partnerships with automakers, and expansion of production capacity to meet growing EV and connected vehicle demand.

What future trends and opportunities are expected to shape the automotive chips market by 2032?

The market is expected to see exponential growth in chips for electric and hybrid vehicles, ADAS, and connected car solutions. Emerging trends include AI-enabled chips for autonomous driving, energy-efficient semiconductors, and region-specific innovations to meet diverse regulatory and technological requirements.

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