Top Companies in Automotive Semiconductor Market | Top Key Players Full Research Report by Vantage Market Research | Statistics, Market Analysis, Opportunities
Semiconductors are used in ADAS to improve the system's functionality. Furthermore, the adoption of 64-bit CPUs for automotive ADAS applications is being driven by larger data volumes.
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Market Overview:
The Global Automotive Semiconductor Market is valued at USD 38.1 Billion in the year 2021 and is forecasted to reach a value of USD 73.2 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 11.5% over the forecast period. Semiconductors are special forms of electronic components that have an electrical transmission system under positive situations. Semiconductors are utilized in vehicles to make sure that the related part is powerful in all situations. Semiconductors used in cars are made of silicon and germanium because of the primary additives which are important for the green operation of automotive electronics. Modern vehicle packs consist of mobile integration, head display, standalone driving features, luxury, and capability. As cars turn out to be extra complex, the demand for automobile semiconductors will develop slowly and provide an effective long-time period engine that grows in the automotive industry.
Electric cars and hybrids are becoming increasingly popular around the world. The decline in the cost of components such as lithium-ion batteries, sensors, and microcontrollers are expected to further the market development of electric vehicles soon. In addition, because electric vehicles play a significant role in reducing carbon emissions and combating air pollution, governments around the world are increasingly promoting themselves.
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Some of the key players operating in the Automotive Semiconductor Market are listed below:
|
Company Name |
Revenue in the US |
|
$3 Billion |
|
$7 Billion |
|
$18 Billion |
|
$29 Billion |
|
$12 Billion |
|
$11 Billion |
|
$7 Billion |
|
$6 Billion |
|
$79 Billion |
|
$3 Billion |
The company was founded in June 1987 and is headquartered in Plan-Les-Ouates, Switzerland. STMicroelectronics NV designs develops, manufactures, and markets products, which offer discrete and standard commodity components, application-specific integrated circuits, full custom devices, and semi-custom devices for analog, digital and mixed-signal applications. It operates through the following segments: Automotive and Discrete Group, Analog and MEMS Group, and Microcontrollers and Digital ICs Group. The Automotive and Discrete Group segment comprises all dedicated automotive ICs, and discrete and power transistor products.
Analog Devices, Inc. was incorporated in 1965 and it’s headquartered in Wilmington, Massachusetts. Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and high-end consumer markets, and power ICs include performance, integration, and software design simulation tools for accurate power supply designs.
Texas Instruments Incorporated was founded in 1930 and its headquarters is in Dallas, Texas. Texas Instruments Incorporated designs, manufactures and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments: Analog and Embedded Processing. The Analog segment offers power products to manage power requirements at various levels using battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage supervisors, voltage references, and lighting products.
Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho. Micron Technology, Inc. designs, manufactures and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprising DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.
It was founded in 1999 and its headquarter is in Munich, Germany. Infineon Technologies focuses on the three central challenges facing modern society Energy Efficiency, Communications, and Security and offers semiconductors and system solutions for automotive and industrial electronics, chip card and security applications as well as applications in communications.
The company was founded on 2006 and it’s headquartered in Eindhoven, the Netherlands. Semiconductors NV is a holding company, which engages in the provision of semiconductor solutions. It focuses on high-performance mixed-signal (HMPS), which delivers high-performance mixed-signal solutions to its customers to satisfy their system and sub-systems needs across the application areas such as automotive, identification, mobile, consumer, computing, wireless infrastructure, lighting and industrial, and software solutions for mobile phones. Its products include Arm Processors, Arm MCUs, and Power Architecture.
Renesas Electronics Corporation researches, develops, designs and manufactures electronic components such as semiconductors and integrated devices. It was founded in 2010 and headquarter is in Tokyo, Japan.
ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Phoenix, Arizona. ON Semiconductor Corporation provides intelligent sensing and power solutions worldwide. Its intelligent power technologies enable the electrification of the automotive industry that allows for lighter and longer-range electric vehicles, empowers fast-charging systems, and propels sustainable energy for the solar strings, industrial power, and storage systems. The company operates through three segments the Power Solutions Group, the Advanced Solutions Group, and the Intelligent Sensing Group segments.
It was founded in 1886 and headquarter is in Stuttgart, Germany. Robert Bosch Gesellschaft milt beschraenkter Haftung manufacture auto parts. The Company offers auto spare parts, mobility, home appliances, and industrial products, as well as business process outsourcing, drive and control technology, energy, and building solutions. Robert Bosch serves customers worldwide.
It was founded in 1958 and headquarter is in Kyoto, Japan. Robert Bosch Gesellschaft mit beschraenkter Haftung manufacture auto parts. The Company offers auto spare parts, mobility, home appliances, and industrial products, as well as business process outsourcing, drive and control technology, energy, and building solutions. Robert Bosch serves customers worldwide.
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