Powering Progress: System Basic Chip Industry's Dominance Projected through 2033

The market for basis chips worldwide is predicted by PMR to reach US$ 28.4 billion in 2023. System basis chip sales will total US$ 62 billion by 2033, expanding at an 8.1% annual pace.

The System Basis Chip market is poised to witness substantial growth as automotive electronics continue to evolve, demanding higher levels of functional integration and performance. System Basis Chips (SBCs) play a crucial role in modern vehicle architectures, providing a compact and efficient solution for integrating multiple functions into a single semiconductor device.

As the automotive industry embraces electrification, connectivity, and advanced driver-assistance systems (ADAS), the demand for integrated and compact semiconductor solutions has surged. System Basis Chips address this need by combining power management, communication interfaces, and other essential functions onto a single chip, enabling simplified board layouts and reduced system complexity.

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The drive for energy efficiency in electric and hybrid vehicles further underscores the importance of SBCs. These chips optimize power conversion and distribution, contributing to the overall energy efficiency and range of electric vehicles. Additionally, by reducing the number of discrete components and minimizing power losses, SBCs enhance the performance and reliability of automotive electronic systems.

The growth of the Internet of Things (IoT) in the automotive industry has also spurred the adoption of System Basis Chips. With the increasing number of sensors, actuators, and communication modules in connected vehicles, the need for compact and integrated solutions to manage these devices efficiently has become crucial. SBCs facilitate seamless connectivity and communication between different IoT components, enabling the realization of advanced automotive applications and services.

Furthermore, the rising complexity of vehicle electronics and the need for advanced safety features have accelerated the integration of functional safety measures into automotive systems. System Basis Chips, with their built-in safety features and error detection mechanisms, offer a reliable and robust foundation for safety-critical applications in the automotive domain.

Moreover, the automotive industry's emphasis on cost optimization and faster time-to-market has led to an increased preference for off-the-shelf SBC solutions. These ready-to-use chips reduce design complexity and development time, enabling automotive manufacturers to focus on innovation and differentiation in their products.

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In conclusion, the System Basis Chip market is on track to witness substantial growth, empowered by its ability to integrate multiple functions and enhance the performance of automotive electronics. As the automotive industry continues to embrace electrification, connectivity, and advanced safety features, System Basis Chips will play an integral role in enabling efficient, reliable, and cost-effective automotive electronic systems.

Companies Covered in This Report -

• NXP Semiconductors N.V.
• Infineon Technologies
• Texas Instruments Incorporated
• Robert Bosch GmbH
• STMicroelectronics N.V.
• Onsemiconductor Corp.
• Microchip Technology
• Melexis N.V.
• Elmos Semiconductor AG

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System Basis Chip Market Outlook by Category

By Vehicle Type

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Autonomous Vehicles
• Automated Guided Vehicles

By Application

• Power Train

o Engine Control Module
o Hev/Ev Motor
o Transmission

• Safety

o Airbags
o Electronic Stability Control
o Adaptive Cruise Control
o Night Vision
o Tire Pressure Monitoring System
o Parking Assistance

• Body Electronics

o Body Control Modules
o Door Control Unit
o Led Lighting
o Mirror & Window Control
o Hvac System

• Chassis

o Brake Control Module
o Steering Control Module
o Suspension Control Module
o Traction Control Module
o Vehicle Dynamics Management

• Telematics & Infotainment

o Dashboards
o Navigation
o Connectivity Devices
o Audio-Video Systems

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

About us:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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This release was published on openPR.