Automotive semiconductors can be thought of as the key that opens the door to vehicle development. They are the fundamental building blocks behind everything from mapping applications, connectivity platforms and data-bases to graphics processing units, advanced driver warning systems (ADAS) and much more. As car manufacturers around the world seek to make e-mobility more cost-efficient, practical and safer than vehicles with internal combustion engines, so the number of semiconductors in new cars will continue to grow. The automotive sector currently accounts for 9 percent of global semiconductor revenue, but with electric cars set to take a global market share of 30 percent by 2030, this percentage will only increase with time.
According to the new market research report “Automotive Semiconductors - Global Market Insights and Sales Trends 2024”, published by QYResearch, the China Automotive Semiconductors market size is projected to reach USD 13.71 billion by 2029, at a CAGR of 6.3% during the forecast period.
- ChinaAutomotive Semiconductors Top17 Players Ranking and Market Share（Based on data of 2021, Continually updated）
The China key manufacturers of Automotive Semiconductors include NXP Semiconductors, Infineon Technologies, Texas Instruments, Renesas Electronics, Robert Bosch GmbH, ON Semiconductor, ROHM, Denso, Nexperia (Wingtech), Analog Devices, etc. In 2020, the China top 10 players had a share approximately 83.0% in terms of revenue.
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QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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