How big is the Automotive Integrated Circuits Market?

The Automotive Integrated Circuits Market size is expected to reach USD 74.45 billion in 2024 and grow at a CAGR of 9.90% to reach USD 119.34 billion by 2029. Read More

What is the current Automotive Integrated Circuits Market size?

In 2024, the Automotive Integrated Circuits Market size is expected to reach USD 74.45 billion. Read More

Who are the key players in Automotive Integrated Circuits Market?

Intel Corporation, Texas Instruments Inc, Analog Devices Inc, Infineon Technologies AG and STMicroelectronics N.V. are the major companies operating in the Automotive Integrated Circuits Market. Read More

Which is the fastest growing region in Automotive Integrated Circuits Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automotive Integrated Circuits Market?

In 2024, the Asia Pacific accounts for the largest market share in Automotive Integrated Circuits Market. Read More

What years does this Automotive Integrated Circuits Market cover, and what was the market size in 2023?

In 2023, the Automotive Integrated Circuits Market size was estimated at USD 67.08 billion. The report covers the Automotive Integrated Circuits Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Integrated Circuits Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Automotive Integrated Circuits Market Share

Statistics for the 2023 & 2024 Automotive Integrated Circuits market share, created by Mordor Intelligence™ Industry Reports. Automotive Integrated Circuits share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Automotive Integrated Circuits Industry

The automotive integrated circuits market is fragmented with the presence of major players like Intel Corporation, Texas Instruments Inc., Analog Devices Inc., Infineon Technologies AG, STMicroelectronics NV, NXP Semiconductors NV, On Semiconductor Corporation, and many others. Players in the market are adopting strategies such as partnerships, mergers, innovations, investments, and acquisitions to enhance product offerings and gain sustainable competitive advantage.

March 2024: Analog Devices Inc. and the BMW Group announced the early adoption of ADI's E²B technology, a 10BASE-T1S Ethernet to the Edge bus, within the automotive industry. This strategic partnership highlights the importance of automotive Ethernet connectivity in developing new zonal architectures and supporting automotive megatrends such as software-defined vehicles. The BMW Group, a significant original equipment manufacturer (OEM), will implement ADI's E²B technology for future vehicle models in its ambient lighting system design.
January 2024: Infineon Technologies AG and GlobalFoundries announced a new multi-year deal. The agreement focused on Infineon's AURIX TC3x 40-nanometer automotive microcontrollers alongside its power management and connectivity solutions. Central to this partnership was an embedded non-volatile memory (eNVM) technology designed to bolster the reliability of automotive applications. This technology meets and exceeds future vehicle systems' stringent safety and security demands.