System Basis Chip Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers

How Will the System Basis Chip Market Grow, and What Is the Projected Market Size?
The scale of the system basis chip market has seen considerable expansion in the past few years. It's predicted to seize a leap from $27.01 billion in 2024 to $29.79 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 10.3%. The surge in the previous duration is attributed to the booming automotive sector, escalating necessity for integrated communication systems, increased appeal for safety measures, the expansion in fleet management solutions, and an intensified emphasis on cybersecurity.

The market size for system basis chips is projected to experience robust growth in the coming years, escalating to $43.49 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 9.9%. This growth during the forecast period is due to factors such as the rising demand for electric cars, the spread of 5G connectivity, higher disposable income, the more prevalent integration of Internet of Things (IoT) devices, and increasing consumer demands for advanced safety features. Key trends influencing the forecast period include an increased demand for automotive electronics, growth in semiconductor technology, incorporation of AI and IoT in devices, an extensive spread of 5G networks, and an emphasis on energy-saving solutions.

What Key Elements Are Boosting Growth in the System Basis Chip Market?
The system-basis chip market is set to surge owing to the increasing embrace of electric vehicles. These are cars driven by electric motors, which are powered by rechargeable batteries or other energy storage systems, shunning traditional internal combustion engines which use gas or diesel. Various elements such as environmentally friendly aspects, advanced charging infrastructure, and attractive governmental incentives are encouraging the upsurge in the use of electric vehicles (EVs). The integration of system basis chips in EVs enhances their efficiency, reduces power consumption, and brings advanced functionalities like battery administration and vehicle-to-grid communication into operation by managing power allocation and communication. As an illustration, the International Energy Agency, an autonomous intergovernmental organization based in France, reported in July 2023 that over 2.3 million electric cars were purchased in the initial quarter of the year, marking a 25% increase compared to the previous year. Further, by the closing of 2023, projections indicate sales figures reaching 14 million, a 35% boost year-on-year, and growth is expected to surge in the latter half of the year. As such, the expanding acceptance of electric vehicles is fuelling the growth of the system-basis chip market.

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Who Are the Major Industry Players Fueling System Basis Chip Market Expansion?
Major companies operating in the system basis chip market are Robert Bosch GmbH, Qualcomm Technologies Inc., Broadcom Inc., Micron Technology Inc., Toshiba Corporation, NVIDIA Corporation, Avnet Inc., Texas Instruments Incorporated, STMicroelectronics, Infineon Technologies AG, NXP Semiconductors, Analog Devices Inc., Renesas Electronics Corporation, Onsemi, Microchip Technology Inc., Marvell, Ams AG, ROHM CO. LTD., Xilinx Inc., Diodes Incorporated, Elmos Semiconductor SE

Which Key Developments Are Influencing the System Basis Chip Market?
Key players in the system-basis chip market are honing their focus on creating automotive safety mini-controller area network flexible data-rate system basis chips (CAN FD SBC) devices. These specialized integrated circuits, designed for in-vehicle communication and safety, are crucial for improving communication reliability and bolstering safety and diagnostic features in contemporary automotive systems. They take on the task of regulating and distributing power throughout the vehicle's electrical system components. For example, NXP Semiconductors, a semiconductor manufacturing company based in the Netherlands, introduced the FS24 SBC in June 2024. Built for high-reliability in safety-critical applications, the FS24 SBC features a battery-connected switched-mode regulator that can deliver up to 400 mA and a linear regulator capable of delivering up to 150 mA. This allows it to efficiently support a wide array of microcontrollers and communication devices. With its CAN-FD interface, the chip supports high-speed data transmission, a feature critical to car communication networks. It boasts low power consumption, with advanced settings drawing less than 40 µA, making it perfectly suited for devices powered by batteries. The FS24 SBC is designed to support a range of applications such as digital key functionality, child proximity detection and kick-sensing for trunk entry, all aiming to enhance safety and convenience for the user.

How Is the Segmentation of the System Basis Chip Market Defined?
The system basis chip market covered in this report is segmented -

1) By Vehicle Type: Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), Automated Guided Vehicles (AGVs), Autonomous Vehicles
2) By Functionality: Voltage Regulation, Diagnostic And Supervision, Drivers And Switches, Watch Dog Functions, Wake Up Logic, Power Switches, Other Functionalities
3) By Transmission Rate: 2 Megabits Per Second (MBitps), 5 Megabits Per Second (MBitps), Other Transmission Rates
4) By Current: 150 Milliampere (mA), 250 Milliampere (mA), 500 Milliampere (mA)
5) By Application: Powertrain, Safety, Body Electronics, Chassis, Telematics And Infotainment, Other Applications

Subsegments:
1) By Passenger Cars: Electric Passenger Cars, Internal Combustion Engine (ICE) Passenger Cars, Hybrid Passenger Cars
2) By Light Commercial Vehicles (LCVs): Pickup Trucks, Vans, Minivans
3) By Heavy Commercial Vehicles (HCVs): Trucks, Buses, Trailers
4) By Automated Guided Vehicles (AGVs): Automated Forklifts, Automated Tow Trucks, Automated Material Handling Vehicles
5) By Autonomous Vehicles: Fully Autonomous Passenger Vehicles, Autonomous Delivery Vehicles, Autonomous Shuttles Or Transport Vehicles

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What Is the Leading Region in the System Basis Chip Market?
North America was the largest region in the system basis chip market in 2023. The regions covered in the system basis chip market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The System Basis Chip Global Market Report?

- Market Size Analysis: Analyze the System Basis Chip Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the System Basis Chip Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall System Basis Chip Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the System Basis Chip Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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