Key Influencer in the System Basis Chip Market 2025: Rising Electric Vehicle Adoption Fuels Growth In The System-Based Chip Market Driver

What combination of drivers is leading to accelerated growth in the system basis chip market?
The growing adoption of electric vehicles (EVs) is expected to drive the growth of the system-basis chip market. EVs are becoming more popular due to environmental concerns and expanded charging infrastructure. System basis chips in EVs optimize efficiency and support features like battery management and vehicle-to-grid communication. According to the International Energy Agency, 2.3 million electric cars were sold in the first quarter of 2023, marking a 25% increase from 2022. This surge in EV adoption will fuel growth in the system-basis chip market.

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What is the projected compound annual growth rate (CAGR) of the system basis chip market from 2025 to 2034, and what factors influence it?
The system basis chip market has grown rapidly in recent years. It is projected to grow from $27.01 billion in 2024 to $29.79 billion in 2025, with a CAGR of 10.3%. Growth factors include the expansion of the automotive sector, rising demand for integrated communication systems, increasing focus on safety features, fleet management solutions, and growing concerns over cybersecurity.

The system basis chip market is expected to experience significant growth, reaching $43.49 billion by 2029 at a CAGR of 9.9%. This growth is driven by the rising demand for electric vehicles, the expansion of 5G networks, higher disposable incomes, the growing integration of IoT devices, and increased demand for advanced safety features. Key trends include the growing need for automotive electronics, advancements in semiconductor technology, the incorporation of AI and IoT in devices, the expansion of 5G, and a focus on energy-efficient solutions.

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How are the latest trends influencing the growth of the system basis chip market?
Companies in the system-basis chip market are focusing on developing automotive safety mini-controller area network flexible data-rate system basis chip (CAN FD SBC) devices to improve vehicle communication reliability and safety. These specialized chips regulate power to various automotive electrical components. For example, in June 2024, NXP Semiconductors, a Netherlands-based semiconductor company, introduced the FS24 SBC. This chip ensures high reliability in safety-critical applications, supporting a range of vehicle communication needs with features like low power consumption and advanced data transmission capabilities, ideal for automotive systems requiring high-speed communication.

What are the major segments of the system basis chip market and their role in driving growth?
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 regions are leading the charge 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.

Who are the key firms paving the way for growth in the system basis chip market?
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

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

•Market Size Forecast: Examine the system basis chip market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the system basis chip market for a structured understanding.
•Key Players Overview: Analyze major players in the system basis chip market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the system basis chip market.
•Segment Contributions: Evaluate how different segments drive overall growth in the system basis chip market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the system basis chip market.
•Industry Challenges: Identify potential risks and obstacles affecting the system basis chip market.
•Competitive Landscape: Review strategic developments in the system basis chip market, including expansions, agreements, and new product launches.

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