Press release
Automotive Grade MCU Chip Market Size, Share, Global Market Growth & Trends, Report By Type, End User, Key Players - Valuates Reports
Automotive Grade MCU Chips require far more than industrial-grade and consumer-grade MCU chips in terms of functional safety, data security, and reliability. They are the core of all key automotive subsystems and are mainly used in smart cockpits, automotive lighting, assisted driving, and chassis power. system and other modules.The global Automotive Grade MCU Chip market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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North American market for Automotive Grade MCU Chip is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Automotive Grade MCU Chip is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Automotive Grade MCU Chip include Infineon, Texas Instruments, Microchip Technology, ST Microelectronics, Cypress Semiconductor Corporation, Renesas Electronics, NXP Semiconductors, ON Semiconductor and Bosch, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Segment by Type
-8 Bits
-16 Bits
-32 Bits
Segment by Application
-Low-end Control Functions (Fans, Air Conditioners, Wipers, Dashboards, etc.)
-Mid-end Control Functions (Power System, Chassis and Electronic Brakes, etc.)
-High-end Control Functions (Autonomous Driving, etc.)
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