Automotive Chips Market Revenue Analysis: Growth, Share, Value, Size, and Insights By 2032

What’s Fueling Executive Summary Automotive Chips Market Size and Share Growth

• The global automotive chips market was valued at USD 40.60 billion in 2024 and is expected to reach USD 102.69 billion by 2032.
• During the forecast period of 2025 to 2032 the market is likely to grow at a CAGR of 12.30%, primarily driven by rapid growth of electric vehicles (EVs).

Automotive Chips Market research report has been produced with the systematic gathering and estimation of market information for Automotive Chips Market All this information is supplied in such a form that properly gives explanation of various facts and figures to the business. The market data described in the report helps to make out diverse market opportunities present worldwide for Automotive Chips Market industry. This report endows with accurate information about market trends, industrial changes, and consumer behavior etc. Taking up such market research report is always gainful for any company, whether it is a small scale or large scale, for marketing of products or services. Analytical study of the winning Automotive Chips Market report supports in mapping growth strategies to increase sales and build brand image in the market.

The credible Automotive Chips Market report offers company profiles and contact information of the key market players in the key manufacturer’s section. This market document showcases the list of top competitors and gives the insights on strategic industry analysis of the key factors affecting the market. This is the most relatable, exclusive, and commendable market research report formulated by focusing on definite business needs. Moreover, market status at the global and regional level is provided through this report which helps to achieve business insights at the extensive marketplace. For an excellent outcome of Automotive Chips Market report, qualitative and transparent research studies are carried out devotedly for the specific niche.

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Automotive Chips Market Outlook & Forecast

Segments

- Product Type
- Application Specific ICs
- Discreet Power ICs
- Discreet Linear ICs

- Vehicle Type
- Passenger Cars
- Commercial Vehicles

- Sales Channel
- Original Equipment Manufacturers (OEMs)
- Aftermarket

The global automotive chips market is segmented based on product type, vehicle type, and sales channel. In terms of product type, the market is categorized into Application Specific ICs, Discreet Power ICs, and Discreet Linear ICs. Application Specific ICs are designed for a specific application and are widely used in automotive systems for functions like engine control, airbag deployment, and more. Discreet Power ICs are used to control power flow in automotive systems, ensuring efficient energy management. Discreet Linear ICs are crucial for amplifying signals in various automotive applications. When it comes to vehicle type, the market is divided into passenger cars and commercial vehicles. Passenger cars dominate the market due to the high demand for advanced electronic systems in modern vehicles. Commercial vehicles are also adopting automotive chips for improved performance and safety features. In terms of sales channel, the market is segmented into Original Equipment Manufacturers (OEMs) and the aftermarket. OEMs have a significant share in the market as they directly integrate automotive chips into new vehicles, ensuring quality and compatibility. The aftermarket segment is growing due to the increasing trend of upgrading older vehicles with advanced electronics.

Market Players

- NXP Semiconductors
- Renesas Electronics Corporation
- Infineon Technologies AG
- ON Semiconductor
- Texas Instruments Incorporated
- STMicroelectronics
- Robert Bosch GmbH
- Intel Corporation
- Qualcomm Technologies, Inc.
- NVIDIA Corporation

Key players in the global automotive chips market include NXP Semiconductors, Renesas Electronics Corporation, Infineon Technologies AG, ON Semiconductor, Texas Instruments Incorporated, STMicroelectronics, Robert Bosch GmbH, Intel Corporation, Qualcomm Technologies, Inc., and NVIDIA Corporation. These companies are at the forefront of innovation in automotive chip technology, developing advanced solutions to meet the growing demand for smart and connected vehicles. NXP Semiconductors, for example, offers a wide range of automotive chips for applications like Advanced Driver Assistance Systems (ADAS) and in-vehicle networking. Renesas Electronics Corporation is known for its reliable and high-performance automotive microcontrollers and system-on-chip solutions. Infineon Technologies AG specializes in power semiconductors for automotive applications, ensuring efficient energy management and robust performance. ON Semiconductor provides a comprehensive portfolio of automotive chips for powertrain, safety, and body electronics. Texas Instruments Incorporated offers cutting-edge solutions for automotive infotainment and connectivity. STMicroelectronics is a key player in automotive sensor technology, enabling precise and reliable data for vehicle systems. Robert Bosch GmbH is a leading supplier of automotive technology, including sensors, control units, and connectivity solutions. Intel Corporation and Qualcomm Technologies, Inc., are driving innovation in autonomous driving technology with their advanced computing platforms. NVIDIA Corporation is known for its powerful graphics processing units (GPUs) used in advanced driver assistance systems and autonomous vehicles.

The global automotive chips market is witnessing significant growth driven by the increasing adoption of advanced electronic systems in vehicles to enhance performance, safety, and connectivity. As the automotive industry continues to evolve towards smart and connected vehicles, there is a rising demand for Application Specific ICs, Discreet Power ICs, and Discreet Linear ICs that enable various functionalities within automotive systems. These chips play a crucial role in powering essential automotive applications such as engine control, airbag deployment, power management, signal amplification, and more. With passenger cars dominating the market due to the integration of advanced electronic systems, the demand for automotive chips is on the rise to support features like Advanced Driver Assistance Systems (ADAS), in-vehicle networking, infotainment, and connectivity.

The market players in the global automotive chips sector are driving innovation and technological advancements to meet the evolving needs of the automotive industry. Companies like NXP Semiconductors, Renesas Electronics Corporation, Infineon Technologies AG, and ON Semiconductor are leading the way in developing cutting-edge solutions for power management, automotive microcontrollers, power semiconductors, and comprehensive portfolios of automotive chips for various applications. Texas Instruments Incorporated is focusing on advancing automotive infotainment and connectivity solutions, while STMicroelectronics is playing a significant role in sensor technology for precise and reliable data collection in vehicle systems. Robert Bosch GmbH is a key player offering a wide range of automotive technology solutions, including sensors, control units, and connectivity solutions, to cater to the increasing demand for smart vehicles.

Intel Corporation and Qualcomm Technologies, Inc., are at the forefront of innovation in autonomous driving technology, leveraging their advanced computing platforms to drive the development of self-driving vehicles. NVIDIA Corporation, known for its powerful GPUs, is contributing to the advancement of advanced driver assistance systems and autonomous driving capabilities in vehicles. The global automotive chips market is witnessing intense competition among these key players, leading to rapid technological advancements and a steady influx of new and sophisticated automotive chip solutions to meet the demands of the evolving automotive industry.

Overall, the global automotive chips market is poised for substantial growth as the automotive industry continues to embrace digitalization and connectivity in vehicles, driving the demand for advanced electronic systems and components. With a focus on innovation, product development, and strategic partnerships, market players are positioning themselves to capitalize on the emerging opportunities in the automotive chips market and cater to the evolving needs of automakers and consumers for smarter, safer, and more connected vehicles.The global automotive chips market is experiencing robust growth driven by the increasing integration of advanced electronic systems in vehicles to enhance performance, safety, and connectivity. The rising demand for Application Specific ICs, Discreet Power ICs, and Discreet Linear ICs is fueling market expansion as these chips enable vital functionalities within automotive systems such as engine control, airbag deployment, power management, and signal amplification. Passenger cars, being the dominant segment in the market due to the incorporation of advanced electronic systems, are fueling the increased adoption of automotive chips to support features like Advanced Driver Assistance Systems (ADAS), in-vehicle networking, infotainment, and connectivity.

Key market players such as NXP Semiconductors, Renesas Electronics Corporation, Infineon Technologies AG, and ON Semiconductor are driving innovation in power management, automotive microcontrollers, power semiconductors, and comprehensive automotive chip portfolios for various applications. Texas Instruments Incorporated is focused on advancing automotive infotainment and connectivity solutions, while STMicroelectronics is a major player in sensor technology for precise data collection in vehicle systems. Robert Bosch GmbH is offering a wide array of automotive technology solutions to meet the increasing demand for smart vehicle technology.

Moreover, Intel Corporation and Qualcomm Technologies, Inc., are pioneers in autonomous driving technology, leveraging their advanced computing platforms to propel the development of self-driving vehicles. NVIDIA Corporation, renowned for its potent GPUs, is contributing to the advancement of sophisticated driver assistance systems and autonomous driving capabilities in vehicles. The competitive landscape among these market leaders is fostering rapid technological advancements, resulting in a continual influx of new and advanced automotive chip solutions to meet the changing needs of the automotive industry.

In conclusion, the global automotive chips market is poised for substantial growth as the automotive sector embraces digitalization and connectivity in vehicles, driving the need for advanced electronic systems and components. Through a focus on innovation, product development, and strategic collaborations, market players are positioning themselves to seize emerging opportunities in the automotive chips market and cater to the evolving demands of automakers and consumers for smarter, safer, and more connected vehicles.

Inspect the market share figures by company
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Automotive Chips Market Research Questions: Country, Growth, and Competitor Insights

• How much has the Automotive Chips Market grown year over year?
• What is the future size forecast for the global Automotive Chips Market?
• What are the dominant segment types by revenue in Automotive Chips Market?
• Which companies hold a competitive edge for Automotive Chips Market?
• What regional data is emphasized in the Automotive Chips Market study?
• What international brands are featured for the Automotive Chips Market?

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