Press release
The Future of Automotive Chips: Key Players & Innovations With Forecast 2025 to 2033
Car Chip? Automotive Chip? Market
Automotive chips market is anticipated to grow at a CAGR of 8.1% during the forecast period (2025-2033). Automotive chips, also known as semiconductor chips, are essential for improving vehicle performance and engine control. These chips are essential for controlling the engine control unit (ECU), which regulates several engine operations to maximize fuel economy, lower emissions, and enhance overall performance.
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In January 2024, Texas Instruments added new semiconductors to improve automotive safety and intelligence, such as AWR2544 77GHz radar sensor chip, and software-programmable driver chips for pyro fuses, improving autonomous driving.
In January 2023, Qualcomm introduced a Snapdragon Ride Flex SoC auto chip that supports car functions such as assisted driving and entertainment in a vehicle.
In August 2024, Intel launched Arc Graphics for Automotive, a discrete graphics processing unit for Chinese carmakers, to power advanced in-vehicle AI initiatives in the Chinese electric vehicle market amid slumping growth.
In January 2022, STMicroelectronics launched its first automotive satellite navigation chip. The STA8135GA chip offers high-position quality data for advanced driving systems and is a compact package with a triple-band positioning measurement engine, part of ST's Tesco V family.
In June 2021, KLA Corporation introduced four new products for the manufacturing of automotive chips such as the 8935 high productivity patterned wafer inspection system, the C205 broadband plasma patterned wafer inspection system, Surfscan SP A2/A3 unpatented wafer inspection systems, and I-PAT inline defect part average testing screening solution. New products offer a supplementary defect discovery, monitoring, and control solution for chip manufacturing at larger design nodes for the automotive industry.
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Market Coverage
The market number available for - 2025-2033
Base year- 2024
Forecast period- 2025-2033
Segment Covered-
By Product Type
By Application
By Vehicle Type
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape -
Analog Devices, Inc., Infineon Technologies AG, NVIDIA Corporation, NXP Semiconductors, Renesas Electronics Corporation, Robert Bosch GmbH, ROHM CO., LTD, STMICRO Electronics, Texas Instruments Incorporated, and TOSHIBA CORPORATION.
Global Automotive Chips Market Report Segment
By Product Type
Logic ICs
Analog ICs
Microcontrollers & Microprocessors
by Application
Chassis
Powertrain
Safety
Telematics & Infotainment
Body Electronics
By Vehicle Type
Passenger Vehicles
Commercial Vehicles
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