Automotive Semiconductor Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Automotive Semiconductor Market is Segmented by Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, and More), Component (Processors / Microcontrollers, Sensors, and More), Application (Chassis, Power Electronics, Safety, Body Electronics, and More), Propulsion Type (Internal Combustion Engine, Mild Hybrid Vehicles, and More), and Geography (North America, South America, Europe, Asia-Pacific, and Middle East and Africa).

Automotive Semiconductor Market Size and Share

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Automotive Semiconductor Market Analysis by Mordor Intelligence

The automotive semiconductor market size reached USD 100.48 billion in 2025 and is forecast to climb to USD 142.87 billion by 2030, reflecting a 7.29% CAGR over the period. Unit shipments are set to advance from 108.12 billion in 2025 to 160.96 billion by 2030, at an 8.28% CAGR over the period, implying density gains per vehicle even as pricing competition intensifies. Semiconductor value in an electric vehicle already averages USD 1,500, triple that of an internal-combustion model, with the largest spend in power management and drivetrain electronics. Asia–Pacific remains the economic engine, supported by China’s electric-vehicle scale-up, Japan’s foundry revitalization, and India’s rapid passenger-car expansion. Silicon carbide power devices, zonal architectures, and software-defined vehicles collectively accelerate content growth, while legacy-node shortages, wide-bandgap substrate costs, and high-end-vehicle pricing dampen momentum.

Key Report Takeaways

  • By propulsion type, internal combustion engines held 53.4% automotive semiconductor market share in 2024, while battery electric vehicles are projected to post the fastest 18.5% CAGR through 2030. 
  • By application, power electronics led with 34.2% of the automotive semiconductor market size in 2024; safety and ADAS are poised for a 16.2% CAGR to 2030. 
  • By component, microcontrollers and domain SoCs commanded 26.1% revenue in 2024; silicon carbide power devices are forecast to expand at a 22.1% CAGR. 
  • By vehicle type, passenger cars accounted for 74.4% of the automotive semiconductor market size in 2024, while passenger battery-EVs led growth at 14.9% CAGR. 
  • By region, Asia–Pacific captured 55.3% revenue in 2024; the region is projected to grow at 10.7% CAGR through 2030. 

Segment Analysis

By Vehicle Type: Passenger EVs Drive Market Transformation

Passenger vehicles represented 74.4% of the automotive semiconductor market in 2024, reflecting mass-volume output and rich infotainment, comfort, and safety content. Light commercial vans used for parcel delivery adopted electrification at a measured pace as fleet operators weighed total cost of ownership advantages. Heavy trucks incorporated advanced telematics, stability, and autonomous convoy systems, but volumes remained lower. The automotive semiconductor market size for passenger cars is expected to expand in line with the 14.9% CAGR of battery-electric models. That trajectory stems from falling battery costs, stricter emissions rules, and a wave of new platform launches aimed at urban mobility and ride-hailing. 

Shipments of battery-electric passenger vehicles are forecast to reach 38.35 million by 2030, underpinning rapid growth in traction inverters, on-board chargers, and battery-management ICs. Average semiconductor content per BEV is triple that of an internal combustion counterpart, creating sustained tailwinds. Across all vehicle classes, the number of chips per unit is projected to climb from 834 in 2023 to more than 1,100 by 2029, further widening revenue potential.[2]Evertiq, “Electrification and Autonomy to Boost Semiconductor,” evertiq.com Commercial fleets demand robust connectivity and prognostics, boosting uptake of secure microcontrollers and cellular V2X modules. Autonomous trucking pilots accelerate the need for high-accuracy lidar and redundant sensor chains, nurturing a specialised niche for ruggedised processors.

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Note: Segment shares of all individual segments available upon report purchase

By Component: SiC Power Devices Revolutionise EV Performance

Microcontrollers and domain system-on-chips held 26.1% of 2024 revenue, anchoring gateway, body control, and power-train functions. Yet, silicon carbide devices are the star performer, expanding at 22.1% CAGR as automakers migrate to 800 V drive chains for faster charging and better efficiency. In 2023, SiC inverters served 28% of battery-electric platforms, and adoption is scaling quickly in premium segments. The automotive semiconductor market size attributed to power devices is forecast to surpass USD 28 billion by 2036, reflecting conversion efficiency gains that translate into tangible driving-range benefits. 

Automotive microcontroller revenue is projected to increase at a significant rate by 2034, propelled by electrification and AI acceleration. Sensor demand mirrors the expansion of ADAS suites, while memory footprints grow alongside over-the-air firmware packages. Chiplet-based processor designs promise die-size cuts of up to 40%, helping curb cost without sacrificing performance. Discrete MOSFETs still populate auxiliary loads, including HVAC blowers and seat heaters, ensuring balanced growth across the component stack.

By Application: Safety Systems Outpace Traditional Domains

Power electronics retained a 34.2% segment share in 2024, thanks to the electrification wave. Safety and ADAS will, however, be the fastest-growing application area at 16.2% CAGR to 2030. Regulators now mandate forward-collision warnings and automatic braking on new models in multiple markets, while consumer surveys confirm rising willingness to pay for driver-assistance bundles. Consequently, the automotive semiconductor market size within ADAS is projected to account for over one-half of the incremental chip revenue by the decade's close. 

Chassis and body electronics maintain steady demand, led by electronic stability programmes, active suspensions, and smart lighting. Infotainment upgrades require high-resolution displays and 5G modems, enhancing the need for advanced SoCs capable of graphics offload. The migration toward zonal architectures compresses physical ECUs yet increases compute centralisation, raising demand for high-bandwidth Ethernet switches and FPD-Link serializers. Over-the-air update capability shifts lifecycle value toward post-sale services, anchoring the business case for scalable memory and security controllers.

Automotive Semiconductor Market
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Note: Segment shares of all individual segments available upon report purchase

By Propulsion Type: BEVs Lead Semiconductor Innovation

Internal combustion engines still represented 53.4% revenue in 2024, but battery-electric vehicles are set to outpace all other formats at 18.5% CAGR through 2030. Silicon carbide MOSFETs and gallium nitride HEMTs capture 30-40% of semiconductor BOM in next-generation BEVs, underpinning traction inverters, DC-DC converters, and on-board chargers. Automotive semiconductor market share for BEV-specific devices rises sharply as automakers pivot platforms, reinforcing strategic wafer fab investments. 

Hybrid formats—full, plug-in, and mild—bridge the transition, creating complex power-management requirements for proprietary microcontrollers capable of real-time load balancing. Fuel-cell electric vehicles remain niche, but require unique stack controllers and hydrogen safety sensors. Adoption of 800 V architectures in premium BEVs doubles voltage ratings relative to mainstream 400 V systems, intensifying demand for high-voltage gate drivers and isolation components. Suppliers that master wide-bandgap reliability and packaging stand to capture disproportionate value.

Geography Analysis

Asia–Pacific dominated the automotive semiconductor market with 55.3% revenue in 2024 and is projected to expand at 10.7% CAGR to 2030. China accounted for more than 40% of global EV chip demand, yet domestic output of auto-grade power devices remained under 35% in 2021, presenting white-space for international players.[3]International Council on Clean Transportation, “China EV Trends,” theicct.org Japan launched the Leading-Edge Semiconductor Technology Center and facilitated new fabs with TSMC to regain expertise in mature and advanced nodes. India’s microcontroller market is projected to rise at 11.1% CAGR, boosted by incentives for local manufacture.

North America benefits from CHIPS Act funding that underwrites foundry starts in Arizona, Texas, and New York. March 2025 saw a 17.8 million-unit annualised sales rate, the strongest in four years, although tariff uncertainty trimmed production plans later in the year. Electric vehicles reached 9.6% of deliveries, with BEVs at 7.3%, bolstering demand for SiC wafer capacity expansions announced by onsemi and Wolfspeed. Mexico’s emergence as an electrified-component hub supports continent-wide just-in-time supply.

Europe’s share of global semiconductor revenue slipped to 10.6% in 2023, yet the region retains strength in automotive verticals through Infineon, NXP, and STMicroelectronics. The European Chips Act allocates EUR 43 billion to double the output share by 2030, while Wolfspeed and Infineon detail multi-billion-dollar SiC megafabs in Germany. Headwinds include slower passenger-car demand and exposure to China tariffs, but premium OEMs sustain high semiconductor specifications, cushioning unit softness. The automotive semiconductor market size for Germany is forecast to post a modest 5.1% CAGR as product mix skews toward high-value chips.

Automotive Semiconductor Market
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Competitive Landscape

Five heritage suppliers—Infineon, NXP, STMicroelectronics, Texas Instruments, and Renesas—collectively held the majority of revenue in 2024, evidencing moderate concentration.[4]Telecom Lead, “Automotive Semiconductor Market Share Revealed,” telecomlead.com Infineon moved into first position with a 14% share, reinforcing scale in microcontrollers, power MOSFETs, and safety ICs. NXP strengthened central compute and zonal architectures via the USD 625 million TTTech Auto acquisition and its newly launched S32K5 platform.

Vertical integration gathers pace: BYD Semiconductor produced roughly 70% of the components it consumed, while Chinese OEMs developed proprietary inverter modules to secure supply and reduce cost risk. Wolfspeed, onsemi, and ROHM accelerated SiC revenue by signing long-term capacity agreements with automotive clients. Meanwhile, chiplet-ready CPUs and AI co-processors from emerging start-ups attracted investments as automakers sought bespoke solutions to distinguish software-defined features.

Strategic acquisitions shape positioning in networking and AI. Infineon’s USD 2.5 billion purchase of Marvell’s Automotive Ethernet line added single-pair Gigabit transceivers that will anchor zonal backbones. NXP’s USD 307 million deal for Kinara brought power-efficient neural processing units optimised for in-cabin and edge safety workloads. STMicroelectronics invested in 200 mm SiC substrates in Italy to secure internal raw-wafer supply. Collaboration between OEMs and chip makers grew deeper, evidenced by co-development contracts for compute-heavy advanced driving stacks.

Automotive Semiconductor Industry Leaders

  1. Infineon Technologies AG

  2. NXP Semiconductors N.V.

  3. STMicroelectronics N.V.

  4. Texas Instruments Inc.

  5. Renesas Electronics Corp.

  6. *Disclaimer: Major Players sorted in no particular order
Automotive Semiconductor Market Concentration
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Recent Industry Developments

  • April 2025: Infineon closed the USD 2.5 billion acquisition of Marvell’s Automotive Ethernet business, expected to add up to USD 250 million revenue in 2025.
  • March 2025: NXP introduced the 16 nm S32K5 MCU family with embedded MRAM, enabling fast over-the-air updates.
  • February 2025: NXP acquired Kinara for USD 307 million, adding low-power NPUs for edge AI workloads.
  • January 2025: NXP Semiconductors bought TTTech Auto for USD 625 million to fortify software-defined vehicle solutions.

Table of Contents for Automotive Semiconductor Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing vehicle production in emerging economies
    • 4.2.2 Rising demand for advanced safety and comfort systems
    • 4.2.3 Electrification boosting semiconductor content per vehicle
    • 4.2.4 Zonal E/E architectures and software-defined vehicles spur high-end processors
    • 4.2.5 Government subsidies for auto-grade foundry capacity
    • 4.2.6 SiC and GaN power devices adoption in EV powertrains
  • 4.3 Market Restraints
    • 4.3.1 High cost of advanced-feature vehicles
    • 4.3.2 Persistent supply-chain constraints and chip shortages
    • 4.3.3 Scarcity and cost of wide-bandgap substrates (SiC/GaN)
    • 4.3.4 Lengthy automotive qualification cycles slow time-to-market
  • 4.4 Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 RF Device Demand in Autonomous Vehicles
  • 4.8 Porter’s Five Forces Analysis
    • 4.8.1 Bargaining Power of Suppliers
    • 4.8.2 Bargaining Power of Buyers
    • 4.8.3 Threat of New Entrants
    • 4.8.4 Threat of Substitute Products
    • 4.8.5 Intensity of Competitive Rivalry
  • 4.9 Investment Analysis
  • 4.10 Impact of Macroeconomic Trends

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Vehicle Type
    • 5.1.1 Passenger Vehicles
    • 5.1.2 Light Commercial Vehicles
    • 5.1.3 Heavy Commercial Vehicles
  • 5.2 By Component
    • 5.2.1 Processors / Microcontrollers
    • 5.2.2 Sensors
    • 5.2.3 Memory Devices
    • 5.2.4 Integrated Circuits (ASIC/ASSP)
    • 5.2.5 Discrete Power Devices
    • 5.2.6 RF Devices
  • 5.3 By Application
    • 5.3.1 Chassis
    • 5.3.2 Power Electronics
    • 5.3.3 Safety
    • 5.3.4 Body Electronics
    • 5.3.5 Infotainment and Telematics
    • 5.3.6 Other Applications
  • 5.4 By Propulsion Type
    • 5.4.1 Internal Combustion Engine (ICE)
    • 5.4.2 Mild Hybrid Vehicles (MHEV)
    • 5.4.3 Full Hybrid Vehicles (HEV)
    • 5.4.4 Plug-in Hybrid Vehicles (PHEV)
    • 5.4.5 Battery Electric Vehicles (BEV)
    • 5.4.6 Fuel-Cell Electric Vehicles (FCEV)
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Rest of Europe
    • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 South Korea
    • 5.5.4.4 India
    • 5.5.4.5 Rest of Asia-Pacific
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 Middle East
    • 5.5.5.1.1 Saudi Arabia
    • 5.5.5.1.2 United Arab Emirates
    • 5.5.5.1.3 Turkey
    • 5.5.5.1.4 Rest of Middle East
    • 5.5.5.2 Africa
    • 5.5.5.2.1 South Africa
    • 5.5.5.2.2 Nigeria
    • 5.5.5.2.3 Egypt
    • 5.5.5.2.4 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)}
    • 6.4.1 NXP Semiconductors N.V.
    • 6.4.2 Infineon Technologies AG
    • 6.4.3 Renesas Electronics Corporation
    • 6.4.4 STMicroelectronics N.V.
    • 6.4.5 Texas Instruments Inc.
    • 6.4.6 Toshiba Electronic Devices & Storage Corp.
    • 6.4.7 Micron Technology Inc.
    • 6.4.8 onsemi
    • 6.4.9 Analog Devices Inc.
    • 6.4.10 Robert Bosch GmbH (Semiconductor Division)
    • 6.4.11 ROHM Co., Ltd.
    • 6.4.12 NVIDIA Corporation
    • 6.4.13 Qualcomm Technologies Inc.
    • 6.4.14 Intel Corporation (Mobileye)
    • 6.4.15 Samsung Electronics Co., Ltd. (System LSI)
    • 6.4.16 MediaTek Inc.
    • 6.4.17 BYD Semiconductor Co. Ltd.
    • 6.4.18 Semtech Corporation
    • 6.4.19 Diodes Incorporated
    • 6.4.20 Microchip Technology Inc.
    • 6.4.21 Melexis NV
    • 6.4.22 Elmos Semiconductor SE
    • 6.4.23 Allegro Microsystems, Inc.
    • 6.4.24 Skyworks Solutions, Inc.
    • 6.4.25 Ambarella Inc.
    • 6.4.26 Wolfspeed Inc.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
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Global Automotive Semiconductor Market Report Scope

The market for automotive semiconductors was evaluated by analyzing the market sizes of different components used in the automotive industry, such as sensors, processors, memory devices, discrete power devices, and integrated circuits. The report’s scope comprises analyzing various vehicle types worldwide, including light commercial vehicles, heavy commercial vehicles, and passenger vehicles.

The automotive semiconductor is segmented by vehicle type (passenger vehicle, light commercial vehicle, and heavy commercial vehicle), component (processors, sensors, memory devices, integrated circuits, discrete power devices, and RF devices), application (chassis, power electronics, safety, body electronics, comfort/entertainment unit, and other applications), and geography (North America, Europe, Asia-Pacific, Latina America, and Middle East & Africa). The report offers the market size in value terms in USD for all the abovementioned segments.

By Vehicle Type Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
By Component Processors / Microcontrollers
Sensors
Memory Devices
Integrated Circuits (ASIC/ASSP)
Discrete Power Devices
RF Devices
By Application Chassis
Power Electronics
Safety
Body Electronics
Infotainment and Telematics
Other Applications
By Propulsion Type Internal Combustion Engine (ICE)
Mild Hybrid Vehicles (MHEV)
Full Hybrid Vehicles (HEV)
Plug-in Hybrid Vehicles (PHEV)
Battery Electric Vehicles (BEV)
Fuel-Cell Electric Vehicles (FCEV)
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
South Korea
India
Rest of Asia-Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Egypt
Rest of Africa
By Vehicle Type
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
By Component
Processors / Microcontrollers
Sensors
Memory Devices
Integrated Circuits (ASIC/ASSP)
Discrete Power Devices
RF Devices
By Application
Chassis
Power Electronics
Safety
Body Electronics
Infotainment and Telematics
Other Applications
By Propulsion Type
Internal Combustion Engine (ICE)
Mild Hybrid Vehicles (MHEV)
Full Hybrid Vehicles (HEV)
Plug-in Hybrid Vehicles (PHEV)
Battery Electric Vehicles (BEV)
Fuel-Cell Electric Vehicles (FCEV)
By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
South Korea
India
Rest of Asia-Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Egypt
Rest of Africa
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Key Questions Answered in the Report

What is the forecast size of the automotive semiconductor market by 2030?

The market is projected to reach USD 142.87 billion by 2030, expanding at a 7.29% CAGR.

Which region offers the fastest revenue growth opportunity?

Asia–Pacific is expected to post a 10.7% CAGR through 2030 on the strength of China’s electric-vehicle scale-up and supportive industrial policies.

How much semiconductor content does a battery electric vehicle typically contain?

A battery electric vehicle now averages about USD 1,500 in semiconductor value, roughly triple that of an internal-combustion model.

What application segment is set to grow the quickest?

Safety and advanced driver-assistance systems are projected to record a 16.2% CAGR through 2030 as regulations tighten and autonomous features proliferate.

Which component category shows the highest growth rate?

Silicon carbide power devices are forecast to expand at a 22.1% CAGR as automakers migrate to 800 V architectures for faster charging and higher efficiency.

Page last updated on: June 26, 2025