| Product Code: ETC13243268 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automotive Integrated Circuit Market was valued at USD 24.2 Billion in 2024 and is expected to reach USD 48.1 Billion by 2031, growing at a compound annual growth rate of 12.56% during the forecast period (2025-2031).
The Global Automotive Integrated Circuit Market is experiencing steady growth driven by increasing demand for advanced driver-assistance systems (ADAS), electrification of vehicles, and the rise of connected and autonomous vehicles. Automotive integrated circuits play a critical role in enabling various functionalities within vehicles, such as safety features, infotainment systems, and powertrain control. The market is witnessing rapid technological advancements, including the development of more efficient and reliable semiconductor components to meet the evolving requirements of the automotive industry. Key players in the market are focusing on collaborations, acquisitions, and product innovations to gain a competitive edge. Factors such as regulatory mandates for vehicle safety and emission reduction are also propelling the market growth. Overall, the Global Automotive Integrated Circuit Market is poised for significant expansion in the coming years.
The Global Automotive Integrated Circuit Market is witnessing significant growth due to the rapid advancements in automotive technology, such as the increasing demand for electric vehicles, connected cars, and autonomous driving systems. The integration of advanced features like ADAS and infotainment systems in vehicles is driving the demand for automotive ICs. Additionally, the growing trend of vehicle electrification and the development of self-driving vehicles present lucrative opportunities for IC manufacturers and suppliers in the automotive sector. The increasing focus on enhancing vehicle safety, efficiency, and connectivity is expected to further fuel the market growth. Companies investing in the development of innovative IC solutions tailored for automotive applications are likely to benefit from the expanding market and gain a competitive edge in the industry.
The Global Automotive Integrated Circuit Market faces several challenges including increasing complexity of vehicle electronics, stringent automotive safety regulations, and the need for high levels of reliability and durability in harsh environments. The automotive industry`s shift towards electric vehicles and autonomous driving technologies also poses challenges in terms of developing ICs that can support these advanced features. Additionally, the market is highly competitive with a large number of players vying for market share, leading to pricing pressures and the need for continuous innovation to stay ahead. Overall, the rapid pace of technological advancements and the evolving automotive landscape present ongoing challenges for IC manufacturers in meeting the changing demands of the industry.
The Global Automotive Integrated Circuit Market is being driven by several key factors, including the increasing adoption of advanced driver assistance systems (ADAS) and autonomous vehicles that require sophisticated integrated circuits for processing data and enabling various functionalities. Additionally, the growing demand for in-vehicle infotainment systems, connectivity solutions, and electric vehicles is fueling the need for more advanced and efficient integrated circuits in the automotive sector. Furthermore, the trend towards vehicle electrification and the development of smart and connected cars are driving the demand for automotive integrated circuits that can support higher levels of automation and connectivity, enhancing overall driving experience and safety. The ongoing technological advancements in the automotive industry and the push towards more sustainable transportation solutions are also contributing to the growth of the automotive integrated circuit market.
Government policies related to the Global Automotive Integrated Circuit Market mainly focus on regulations for safety, emissions, and cybersecurity in vehicles. These policies aim to ensure the development and adoption of advanced technologies in automotive integrated circuits while maintaining industry standards and protecting consumer interests. Governments worldwide are increasingly emphasizing the need for automotive manufacturers to comply with stringent requirements for data protection and cybersecurity to prevent potential threats and ensure the safety of connected vehicles. Additionally, regulations related to emissions standards and sustainability are pushing the automotive industry towards the development of more energy-efficient and environmentally friendly vehicles, driving the demand for innovative integrated circuits in the market.
The Global Automotive Integrated Circuit Market is poised for significant growth in the coming years due to increasing demand for advanced driver assistance systems (ADAS), connected vehicles, and electric vehicles. The shift towards autonomous driving technology and the integration of more sophisticated electronics in vehicles are driving the demand for automotive integrated circuits. Additionally, the adoption of in-vehicle infotainment systems and the trend towards electrification in the automotive industry are further fueling market growth. The increasing focus on vehicle safety, energy efficiency, and connectivity is expected to drive the market for automotive integrated circuits. As automakers continue to innovate and invest in next-generation technologies, the global automotive integrated circuit market is expected to experience steady growth and technological advancements in the foreseeable future.
In the global Automotive Integrated Circuit market, Asia is anticipated to dominate in terms of market share, driven by the presence of major automotive manufacturers in countries like China, Japan, and South Korea. North America is expected to witness steady growth due to the increasing demand for connected vehicles and advanced driver assistance systems. Europe is likely to experience significant growth with the emphasis on electric vehicles and stringent automotive safety regulations. The Middle East and Africa region is projected to showcase moderate growth, influenced by the rising adoption of automotive electronics. Latin America is expected to register steady growth, propelled by the expanding automotive industry in countries like Brazil and Mexico. Overall, the global Automotive Integrated Circuit market is poised for substantial growth across all regions, driven by advancements in automotive technology and increasing focus on vehicle electrification.
Global Automotive Integrated Circuit (ICs) Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Automotive Integrated Circuit (ICs) Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive Integrated Circuit (ICs) Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive Integrated Circuit (ICs) Market - Industry Life Cycle |
3.4 Global Automotive Integrated Circuit (ICs) Market - Porter's Five Forces |
3.5 Global Automotive Integrated Circuit (ICs) Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive Integrated Circuit (ICs) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Automotive Integrated Circuit (ICs) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Automotive Integrated Circuit (ICs) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive Integrated Circuit (ICs) Market Trends |
6 Global Automotive Integrated Circuit (ICs) Market, 2021 - 2031 |
6.1 Global Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Monolithic Integrated Circuits, 2021 - 2031 |
6.1.3 Global Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Hybrid or Multichip Integrated Circuit, 2021 - 2031 |
6.2 Global Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By In-Vehicle Networking, 2021 - 2031 |
6.2.3 Global Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Advanced Driver Assistance System (ADAS), 2021 - 2031 |
6.2.4 Global Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Transmission Control System, 2021 - 2031 |
6.2.5 Global Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Engine Management, 2021 - 2031 |
6.2.6 Global Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Automotive Integrated Circuit (ICs) Market, Overview & Analysis |
7.1 North America Automotive Integrated Circuit (ICs) Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Automotive Integrated Circuit (ICs) Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive Integrated Circuit (ICs) Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Automotive Integrated Circuit (ICs) Market, Overview & Analysis |
9.1 Asia Automotive Integrated Circuit (ICs) Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Automotive Integrated Circuit (ICs) Market, Overview & Analysis |
10.1 Africa Automotive Integrated Circuit (ICs) Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Automotive Integrated Circuit (ICs) Market, Overview & Analysis |
11.1 Europe Automotive Integrated Circuit (ICs) Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Automotive Integrated Circuit (ICs) Market, Overview & Analysis |
12.1 Middle East Automotive Integrated Circuit (ICs) Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive Integrated Circuit (ICs) Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Automotive Integrated Circuit (ICs) Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Automotive Integrated Circuit (ICs) Market Key Performance Indicators |
14 Global Automotive Integrated Circuit (ICs) Market - Export/Import By Countries Assessment |
15 Global Automotive Integrated Circuit (ICs) Market - Opportunity Assessment |
15.1 Global Automotive Integrated Circuit (ICs) Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive Integrated Circuit (ICs) Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Automotive Integrated Circuit (ICs) Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Automotive Integrated Circuit (ICs) Market - Competitive Landscape |
16.1 Global Automotive Integrated Circuit (ICs) Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive Integrated Circuit (ICs) Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |