Market Share of Automotive Semiconductor Industry
The automotive semiconductor market is highly fragmented due to the presence of major players like NXP Semiconductor NV, Infineon Technologies AG, Renesas Electronics Corporation, STMicroelectronics NV, and Toshiba Electronic Devices& Storage Corporation (Toshiba Corporation), among others. Players in the market are adopting strategies such as partnerships, mergers, collaborations, innovations, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In July 2023, Renesas Electronics Corporation announced a development board for automotive gateway systems. The R-Car S4 Starter Kit is a low-cost, readily available development board for building software using the Renesas R-Car S4 system on a chip. (SoC).
In June 2023, Intellias announced its partnership with Elmos Semiconductor to reinforce Elmos with software engineering expertise and support development processes to create software for lighting, ranging, and optical sensors used in the most modern vehicles.
In August 2022, Onsemi opened a silicon carbide (SiC) facility in Hudson, New Hampshire. The facility is expected to increase the company's production capacity by five times yearly and almost quadruple the number of employees in Hudson by the end of 2022.
In July 2022, NXP Semiconductors NV collaborated with Foxconn for a new generation of intelligent connected vehicles. The primary focus of the collaboration is aimed at Foxconn's efforts in electric vehicle platforms, leveraging the company's system expertise and comprehensive portfolio. The collaboration would leverage NXP's portfolio of automotive technologies and its expertise in safety and security to enable architectural innovation and platforms for electrification, connectivity, and safe automated driving.
Automotive Semiconductor Market Leaders
NXP Semiconductor NV
Infineon Technologies AG
Renesas Electronics Corporation
STMicroelectronics NV
Toshiba Electronic Devices & Storage Corporation (Toshiba Corporation)
*Disclaimer: Major Players sorted in no particular order
