Europe Automotive Semiconductor Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Europe Automotive Semiconductor Market Report is Segmented by Vehicle Type (Passenger Vehicle (Discrete, Optoelectronics. Sensors and Actuators, Logic, Memory, Analog IC, Micro), Light Commercial Vehicle (Discrete, Optoelectronics. Sensors and Actuators, Logic, Memory, Analog IC, Micro), and Heavy Commercial Vehicle (Discrete, Optoelectronics. Sensors and Actuators, Logic, Memory, Analog IC, Micro)), Application (Chassis, Power Electronics, Safety, Body Electronics, Comfort/Entertainment, and Other Applications), and Country (Germany, France, Italy, and Rest of Europe). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

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Europe Automotive Semiconductor Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Europe Automotive Semiconductor Industry Overview

The European automotive semiconductor market is a semiconsolidated market with the presence of several prominent market players like NXP Semiconductors NV, Infineon Technologies AG, STMicroelectronics NV, Texas Instruments Inc., Robert Bosch GMBH, Micron Technology Inc., etc. The market players are striving to innovate new products by way of extensive investments in R&D, collaborations, and mergers to cater to the evolving demands of consumers.

  • January 2024: Texas Instruments introduced new semiconductors designed to enhance automotive safety and intelligence. The AWR2544 77 GHz millimeter-wave radar sensor chip is designed for satellite radar architectures, enabling higher levels of autonomy by improving sensor fusion and decision-making in ADAS.
  • August 2023: STMicroelectronics NV, one of the largest European semiconductor contract manufacturing and design companies, and BorgWarner, an American automotive supplier, joined forces to integrate SiC technology into BorgWarner's VIPER power modules. This integration strives to support Volvo Cars' transition to full vehicle electrification by 2030.

Europe Automotive Semiconductor Market Leaders

  1. NXP Semiconductors NV

  2. Infineon Technologies AG

  3. STMicroelectronics NV

  4. Robert Bosch GMBH

  5. Texas Instruments Inc.

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

Europe Automotive Semiconductor Market Report Snapshots

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