Report Scope & Overview:

The Automotive Chip Market Size was valued at USD 38.39 billion in 2022 and is expected to reach USD 90.42 billion by 2030 and grow at a CAGR of 11.3% over the forecast period 2023-2030.

Automotive chips are generally used to monitor and regulate the various functions of a vehicle. They employ a variety of algorithms in order to complete the tasks. As a result, it is able to provide drivers with a driving experience that is stress-free and uncomplicated. The automotive car chip enables the driver to use their voices to control the navigation and automotive infotainment systems of the vehicle. The sensors that are mounted to the automobiles, also give a variety of other information about the car. Additionally, it safeguards automobiles by activating the anti-theft technology that is installed in them. Micro supercomputers are another name for the processors used in automobiles. It is anticipated that they will eventually become common characteristics of a variety of smart cars.

Automotive Chip Market Revenue Analysis

Get More Information on Automotive Chip Market - Request Sample Report

Chips designed specifically for use in automobiles are able to monitor and manage a variety of functions within a motor vehicle. These chips use mathematics to explain the various assignments, which in turn makes the driving environment substantially less taxing for the driver. There are five distinct kinds of embedded circuits or chips that can be found in automobiles.



  • The need for personal transportation vehicles has grown in tandem with the expansion in car production

  • There has been a steady rise in the need for vehicle safety and the use of engine control units

  • The use of automotive chips is on the rise as a result of the growing popularity of these vehicles


  • The chip's restraints may potentially be defective or fail. This could be a big impediment to the market

  • These chips may fail or suffer a major malfunction due to excessive current leakage

  • The chip used in automobiles is subject to developing flaws or failing entirely


  • Due to the development in safety-related electronic systems and automobiles

  • Fully automated vehicles will require high-powered chips to process real-time data from a large no. of sensors


  • As a result of the COVID-19 epidemic, the industry is in a state of emergency

  • It is expected that the cost of chip-based products and automobiles would rise as demand grows


The abrupt breakout of the COVID-19 pandemic had a significant impact on the automotive chip industry, which saw widespread disruptions. It was anticipated that COVID-19 would have a significant influence on the market, particularly on the supply chain and the demand for a particular product within the automobile industry. It is anticipated that the demand for commercial vehicles will decrease concurrently with the cessation of all non-essential services. The lack of liquidity and the subsequent cash crunch have already had an impact on the sales of a number of different fleet operators. However, it is anticipated that this will come under control within the next few months. The lack of automotive chips is the primary factor that is causing disruptions in the market's supply chain. It is anticipated that once the lockdown is lifted, things will begin to improve, which, in turn, will have a constructive effect on the future prognosis of the automotive chip industry.

Market, By Component:

Based on the component segment, the global market has been divided into Logic ICs, Analog ICs, Microcontrollers & Microprocessors, and Memory. Ultra-luxury car sales are predicted to drive the logic ICs market to a significant valuation by 2025. Automotive chips allow drivers to manage the whole infotainment and navigation system with their voice. In addition, they allow for greater mobility and communication. The instrument panel controls are improved as a result of using the product.

Market, By Application:

The global market has been divided into Chassis, Powertrain, Safety, Telematics & Infotainment, and Body Electronics based on the vehicle type segment. Safety is predicted to have the greatest CAGR during the forecast period because people are becoming more aware of how to keep themselves and their passengers safe in vehicles. The body electronics section accounted for more than one-quarter of the total revenue.

Market, By Vehicle type:

The global market has been divided into passenger cars and commercial vehicles based on the vehicle type segment. Passenger cars with seating for five people are included in the definition of a passenger vehicle. This particular vehicle type's demand for the product will stay high over the course of the projection. It is expected to grow at a CAGR of 11.8% during this time period.


By Component:

  • Logic ICs

  • Analog ICs

  • Microcontrollers & Microprocessors

  • Memory

By Application:

  • Chassis

  • Powertrain

  • Safety

  • Telematics & Infotainment

  • Body Electronics

By Vehicle Type:

  • Passenger cars

  • Commercial vehicles

Automotive Chip Market Segmentation Analysis

Get Customized Report as per your Business Requirement - Request For Customized Report


The size of the market in North America was assessed at USD 3.98 billion, and it is anticipated that over the next few years, it will likely register robust growth. On the other hand, Asia Pacific is anticipated to reach a value of USD 27.05 billion by the year 2025. This is mostly attributable to the growing production of automobiles in India, China, and Japan. As a result of the fact that this region was responsible for more than half of the total annual production of automobiles across the globe, Asia Pacific was awarded the most prestigious place. During this time, Europe was responsible for the second-largest proportion of the market. As a result of the presence of numerous notable luxury automobile manufacturers, it is anticipated that the European market would experience significant development over the course of the time under consideration.


  • North America

    • The USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • The UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


Robert Bosch GmbH (Germany), NXP Semiconductors (Netherlands), STMicroelectronics (Switzerland), Toshiba Corporation (Japan), ON Semiconductor (US), Renesas Electronics (Japan), Infineon Technologies (Germany), Texas Instruments Incorporated (US), ROHM Semiconductor (Japan), Denso Corporation (Japan) are some of the affluent competitors with significant market share in the Automotive Chip Market.

Toshiba Corporation (Japan)-Company Financial Analysis

Automotive Chip Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 38.39 Billion
Market Size by 2030 US$ 90.42 Billion
CAGR CAGR of 11.3% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Component (Logic ICs, Analog ICs, Microcontrollers & Microprocessors, Memory)
• by Application (Chassis, Powertrain, Safety, Telematics & Infotainment, Body Electronics),
• by Vehicle Type (Passenger cars, Commercial vehicles)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Robert Bosch GmbH (Germany), NXP Semiconductors (Netherlands), STMicroelectronics (Switzerland), Toshiba Corporation (Japan), ON Semiconductor (US), Renesas Electronics (Japan), Infineon Technologies (Germany), Texas Instruments Incorporated (US), ROHM Semiconductor (Japan), Denso Corporation (Japan)
Key Drivers •The need for personal transportation vehicles has grown in tandem with the expansion in car production.

•There has been a steady rise in the need for vehicle safety and the use of engine control units.
RESTRAINTS •The chip's restraints may potentially be defective or fail. This could be a big impediment to the market.

•These chips may fail or suffer a major malfunction due to excessive current leakage.

Frequently Asked Questions

Ans:- The market size is expected to reach USD 73.05 billion by 2028.

Ans:- Automotive chips are generally used to monitor and regulate the various functions of a vehicle.

Ans:- Yes.

Ans:- High cost of chip-based products & chips may fail due to excessive current leakage are the most significant obstacles facing the automotive chip market.

Ans:- Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research & development (R&D) institutions, Importers and exporters, Trade/Industrial associations, and End-use industries are the stakeholder of this report.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis


6. Porter’s 5 forces model


7.  PEST Analysis


8. Global Automotive Chip Market Segmentation, By Component

8.1 Logic ICs

8.2 Analog ICs

8.3 Microcontrollers & Microprocessors

8.4 Memory

9. Global Automotive Chip Market Segmentation, By Application

9.1 Chassis

9.2 Powertrain

9.3 Safety

9.4 Telematics & Infotainment

9.5 Body Electronics

10. Global Automotive Chip Market Segmentation, By Vehicle Type

10.1 Passenger cars

10.2 Commercial vehicles

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 the USA

11.2.2  Canada

11.2.3  Mexico

11.3 Europe

11.3.1  Germany

11.3.2  the UK

11.3.3  France

11.3.4  Italy

11.3.5  Spain

11.3.6  The Netherlands

11.3.7  Rest of Europe

11.4 Asia-Pacific

11.4.1  Japan

11.4.2  South Korea

11.4.3  China

11.4.4  India

11.4.5  Australia

11.4.6  Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1  Israel

11.5.2  UAE

11.5.3  South Africa

11.5.4  Rest

11.6 Latin America

11.6.1  Brazil

11.6.2  Argentina

11.6.3  Rest of Latin America

12. Company Profiles

12.1 Robert Bosch GmbH (Germany),

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 NXP Semiconductors (Netherlands)

12.3 STMicroelectronics (Switzerland)

12.4 Toshiba Corporation (Japan)

12.5 ON Semiconductor (US)

12.6 Renesas Electronics (Japan)

12.7 Infineon Technologies (Germany)

12.8 Texas Instruments Incorporated (US)

12.9 ROHM Semiconductor (Japan)

12.10 Denso Corporation (Japan)

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share analysis

13.3 Recent Developments

14. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.


The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone