GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET FORECAST 2019-2027

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GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET FORECAST 2019-2027

An integrated circuit (IC) is a set of electronic circuits on a small piece of semiconductor. The automotive ICs market has been gaining traction, owing to consumer demand & government mandate for electronic systems that improve vehicle performance & enhance driver safety. Global Automotive ICs market was valued at $XX billion in 2018 & is expected to reach $105.65 billion by 2027, growing at a CAGR of 9.82% during the forecast period. The base year considered for the market study is 2018 & the forecast period is 2019-2027.

GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET FORECAST 2019-2027

Global Automotive Integrated Circuits (Ics) Market by Type (Monolithic Ic, Hybrid Ic) by Application (Transmission Control System, in-vehicle Networking, Engine Management, Advanced Driver Assistance System (Adas), Other Applications) by Geography.

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An integrated circuit (IC) is a set of electronic circuits on a small piece of semiconductor. The automotive ICs market has been gaining traction, owing to consumer demand & government mandate for electronic systems that improve vehicle performance & enhance driver safety. Global Automotive ICs market was valued at $XX billion in 2018 & is expected to reach $105.65 billion by 2027, growing at a CAGR of 9.82% during the forecast period. The base year considered for the market study is 2018 & the forecast period is 2019-2027. The factors driving the market growth are as follows:

  • Rapid electrification of vehicles
  • Growing demand for advanced sensors in vehicles
  • Increased usage of electronic control units (ECU’s) in vehicles
  • Rising adoption of electric vehicles
  • Disruptive innovations such as ADAS, connected vehicle technology & autonomous vehicles

Automotive Integrated Circuits (ICs’) market is primarily driven owing to amplified electrification of vehicles. The replacement of conventional components such as drive-belts, drive-shafts, pumps, vacuum boosters & master cylinders by electrical/electronic components such as sensors &/or actuators to control the vehicular systems is expected to boost the growth of the market during the forecast period. Further, stringent safety & emission norms have majorly influenced the adoption of electronics in automobiles. The need for safe, secure, eco-friendly, & high-performance vehicles will boost the adoption of ECUs, which will indirectly fuel the sales of automotive ICs.

In 2018, the majority of market share was captured by engine management in the global automotive integrated circuits (IC’s) market by application. Engine Management contributed 27.61% of market share in 2018. Automotive engine management forms an integral part of any vehicle. Engine management provides the proper functioning of a vehicle & enables it to run smoothly without any trouble. The automotive engine management system consists of an engine control unit, engine sensors, fuel pumps, & others, which transmit overall engine response to the engine management system. Fuel economy, vehicle emissions, & overall performance of the vehicle depend on the engine management system.

On the other hand, ADAS is anticipated to be the fastest growing segment in the market with a CAGR of XX% during the forecast period. The advanced driver assistance system (ADAS) is designed with a safe human-machine interface, which increases car safety & more generally, road safety. The system is developed to automate, adapt, & enhance the vehicle system for safety & better driving. The ADAS function & the autonomous driving system require the simultaneous use of multiple systems. ADAS incorporates the usage of monolithic microwave integrated circuits for short-range & long-range radars. Moreover, features, such as vision procession, light detection driver monitoring system, road sign recognition, & others, involve the usage of advanced sensors & radars.

Conversely, some of the factors holding back Automotive IC’s market have been the IC’s design complexities, increasing cost pressure on vehicle manufacturers & the cyclic nature of the semiconductor industry. However, the growth of the global Automotive IC’s market is primarily restricted by dependency on the cyclic nature of the semiconductor industry. Semiconductor IC manufacturers experience fluctuations in revenue because of inconsistent demand.

The report on global automotive integrated circuits (IC’s) includes segmentation analysis on the basis of type & application.

Type is sub segmented into:

  • Monolithic IC
  • Hybrid IC
    • Analog IC
    • Digital IC
    • Mixed IC

Application is sub segmented into:

  • Transmission Control System
  • In-Vehicle Networking
  • Engine Management
  • Advanced Driver Assistance System (ADAS)
  • Other Applications

Geographically, the global automotive integrated circuits (IC’s) market has been segmented on the basis of four major regions, which includes:

Geographically, Asia Pacific leads the global automotive IC’s market by capturing the largest market share in terms of revenue of 43.59% in 2018. The automotive IC’s market in the Asia Pacific region witnessed robust growth owing to the increasing demand & sales of SUVs. The availability of cheap labour & abundance of resources has made the Asia Pacific region the manufacturing hub of the world. However, the rising safety & environmental concerns have forced the government in various countries in this region to implement stringent norms leading to the replacement of mechanical components with digital ones. This has helped to generate huge demand from the automotive sector. For instance, the Indian government implemented the Bharat New Vehicle Safety Assessment Program (BNVSAP) from 2017. These norms have forced automotive manufacturers to adopt new & efficient technologies, leading to a surge in demand for semiconductors & in turn, that of IC’s as well.

On the other hand, North America is the fastest growing region for the market during the forecast period. This is attributed to the growth in public demand for security & safety in vehicles & widespread acceptance of advanced vehicles. Surging demand for automation & technological advancement across the industry has contributed to the growth of the automotive IC market in this region. North America is a prominent market for automotive ICs & has major players offering advanced solutions.

Global automotive IC’s market has been segmented on the basis of type, & application. By Type, the market is segmented into monolithic integrated circuit & hybrid integrated circuit. On the basis of the application, the market is segmented into in-vehicle networking, engine management system transmission control system, ADAS, & other applications.

The market has a number of players & some of the key players involved in the global automotive IC’s market are:

  • Renesas Electronics
  • STMicroelectronics
  • Texas Instruments
  • NXP Semiconductors
  • Infineon Technologies
  • & Other Companies

Market share analysis, key strategic developments & company profiles of the prominent market players have been discussed in a detailed manner. Most of the companies look for strategies such as merger & acquisition, partnership, contracts, agreements or new product launches to gain a competitive edge over each other. For example, in June 2019, Texas Instruments (TI) unveiled an automotive system basis chip. The chip is capable of incorporating a transreceiver & controller for CAN FD & it’s first of its type in the industry. In June 2019, Momenta, a well-established player in autonomous driving collaborated with NXP Semiconductors collaboration on automotive-grade Driver Monitoring Solutions (DMS). In June 2019, in order to boost the R&D efforts towards China’s automotive electronics industry, SAIC Volkswagen Automobile Co. & Renesas Electronics Corporation had established a SAIC-Volkswagen-Renesas Automotive Electronic Joint Laboratory. In September 2018, Gigavac, LLC was acquired by Sensata Technologies.

Key findings of the global automotive IC’s market:

  • Asia Pacific leads the global automotive IC’s market by capturing the largest market share of approximately XX% in 2018.
  • The increasing adoption of connected vehicle technology in vehicles is also playing a crucial role in the growth of market.
  • As the world is moving towards autonomous vehicles, the size of the data will keep on increasing, thereby fueling the growth of the global automotive IC’s market during the forecast period
  • North America automotive IC’s market is expected to grow at the highest CAGR of XX% during the forecast period.
  • Global automotive Market is witnessing an increase in the demand for passenger cars, especially from emerging countries such as China, Brazil, India, & South Africa.
  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • EMERGENCE OF AUTONOMOUS VEHICLES
      • BOOMING AUTOMOTIVE INDUSTRY
      • INCREASING ADOPTION OF CONNECTED VEHICLE TECHNOLOGY
  1. MARKET DYNAMICS
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • RAPID ELECTRIFICATION OF VEHICLES
      • GROWING DEMAND OF ADVANCED SENSORS IN VEHICLES
      • INCREASED USAGE OF ELECTRONIC CONTROL UNITS (ECU’S) IN VEHICLES
      • RISING ADOPTION OF ELECTRIC VEHICLES
    • MARKET RESTRAINTS
      • DESIGN COMPLEXITIES OF ICS
      • INCREASING COST PRESSURE ON VEHICLE MANUFACTURERS
    • MARKET OPPORTUNITIES
      • EMERGENCE OF ADVANCED DRIVER ASSISTANCE SYSTEMS
      • GROWING DEMAND FROM EMERGING MARKETS
    • MARKET CHALLENGES
      • CYCLIC NATURE OF SEMICONDUCTOR INDUSTRY
  1. MARKET BY TYPE
    • MONOLITHIC IC
    • HYBRID IC
      • ANALOG IC
      • DIGITAL IC
      • MIXED IC
  1. MARKET BY APPLICATION
    • TRANSMISSION CONTROL SYSTEM
    • IN-VEHICLE NETWORKING
    • ENGINE MANAGEMENT
    • ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS)
    • OTHER APPLICATIONS
  2. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  3. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • SPAIN
      • ITALY
      • RUSSIA
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA
  1. COMPETITIVE LANDSCAPE
    • MARKET SHARE ANALYSIS
    • COMPANY PROFILES
      • ALLEGRO MICROSYSTEMS, LLC
      • ANALOG DEVICES, INC.
      • INFINEON TECHNOLOGIES AG,
      • MELEXIS N.V.
      • MICROCHIP TECHNOLOGY
      • NXP SEMICONDUCTORS N.V.
      • ON SEMICONDUCTOR CORPORATION
      • QUALCOMM, INC.
      • RENESAS ELECTRONICS CORPORATION
      • ROBERT BOSCH, GMBH
      • ROHM SEMICONDUCTOR
      • SENSATA TECHNOLOGIES HOLDING N.V.
      • STMICROELECTRONICS N.V.
      • TEXAS INSTRUMENTS INCORPORATED
      • TOSHIBA CORPORATION

LIST OF TABLES

TABLE 1: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY GEOGRAPHY, 2019-2027 (IN $ BILLION)

TABLE 2: COUNTRY WISE STOCK & SALES OF ELECTRIC CARS (BEV & PHEV), 2015-2027 (IN THOUSANDS)

TABLE 3: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY TYPE, 2019-2027 (IN $ BILLION)

TABLE 4: GLOBAL MONOLITHIC IC MARKET, BY REGION, 2019-2027 (IN $ BILLION)

TABLE 5: GLOBAL HYBRID IC MARKET, BY REGION, 2019-2027 (IN $ BILLION)

TABLE 6: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY HYBRID IC, 2019-2027 (IN $ BILLION)

TABLE 7: GLOBAL ANALOG IC MARKET, BY REGION, 2019-2027 (IN $ BILLION)

TABLE 8: GLOBAL DIGITAL IC MARKET, BY REGION, 2019-2027 (IN $ BILLION)

TABLE 9: GLOBAL MIXED IC MARKET, BY REGION, 2019-2027 (IN $ BILLION)

TABLE 10: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY APPLICATION, 2019-2027 (IN $ BILLION)

TABLE 11: GLOBAL TRANSMISSION CONTROL SYSTEM MARKET, BY REGION, 2019-2027 (IN $ BILLION)

TABLE 12: GLOBAL IN-VEHICLE NETWORKING MARKET, BY REGION, 2019-2027 (IN $ BILLION)

TABLE 13: GLOBAL ENGINE MANAGEMENT MARKET, BY REGION, 2019-2027 (IN $ BILLION)

TABLE 14: GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET, BY REGION, 2019-2027 (IN $ BILLION)

TABLE 15: GLOBAL OTHER APPLICATIONS MARKET, BY REGION, 2019-2027 (IN $ BILLION)

TABLE 16: OPPORTUNITY MATRIX

TABLE 17: VENDOR LANDSCAPE

TABLE 18: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY GEOGRAPHY, 2019-2027 (IN $ BILLION)

TABLE 19: NORTH AMERICA AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

TABLE 20: SALES & PRODUCTION OF AUTOMOBILES IN UNITED STATES, 2015-2017 (IN UNITS)

TABLE 21: SALES & PRODUCTION OF AUTOMOBILES IN CANADA, 2015-2017 (IN UNITS)

TABLE 22: EUROPE AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

TABLE 23: SALES & PRODUCTION OF AUTOMOBILES IN UNITED KINGDOM, 2015-2017 (IN UNITS)

TABLE 24: SALES & PRODUCTION OF AUTOMOBILES IN CHINA, 2015-2017 (IN UNITS)

TABLE 25: SALES & PRODUCTION OF AUTOMOBILES IN FRANCE, 2015-2017 (IN UNITS)

TABLE 26: SALES & PRODUCTION OF AUTOMOBILES IN SPAIN, 2015-2017 (IN UNITS)

TABLE 27: SALES & PRODUCTION OF AUTOMOBILES IN CHINA, 2015-2017 (IN UNITS)

TABLE 28: SALES & PRODUCTION OF AUTOMOBILES IN RUSSIA, 2015-2017 (IN UNITS)

TABLE 29: ASIA PACIFIC AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

TABLE 30: SALES & PRODUCTION OF AUTOMOBILES IN CHINA, 2015-2017 (IN UNITS)

TABLE 31: SALES & PRODUCTION OF AUTOMOBILES IN JAPAN, 2015-2017 (IN UNITS)

TABLE 32: INDIAN GOVERNMENT POLICIES & INITIATIVES FAVORING AUTOMOTIVE INDUSTRY

TABLE 33: SALES & PRODUCTION OF AUTOMOBILES IN INDIA, 2015-2017 (IN UNITS)

TABLE 34: SALES & PRODUCTION OF AUTOMOBILES IN SOUTH KOREA, 2015-2017 (IN UNITS)

TABLE 35: SALES & PRODUCTION OF AUTOMOBILES IN AUSTRALIA, 2015-2017 (IN UNITS)

TABLE 36: REST OF WORLD AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY REGION, 2019-2027 (IN $ BILLION)

TABLE 37: SALES & PRODUCTION OF AUTOMOBILES IN BRAZIL, 2015-2017 (IN UNITS)

TABLE 38: SALES & PRODUCTION OF AUTOMOBILES IN MEXICO, 2015-2017 (IN UNITS)

TABLE 39: SALES & PRODUCTION OF AUTOMOBILES IN ARGENTINA, 2015-2017 (IN UNITS)

TABLE 40: SALES OF AUTOMOBILES IN UNITED ARAB EMIRATES, 2015-2017 (IN UNITS)

TABLE 41: SALES & PRODUCTION OF AUTOMOBILES IN TURKEY, 2015-2017 (IN UNITS)

TABLE 42: SALES OF AUTOMOBILES IN SAUDI ARABIA, 2015-2017 (IN UNITS)

TABLE 43: SALES & PRODUCTION OF AUTOMOBILES IN SOUTH AFRICA, 2015-2017 (IN UNITS)

LIST OF FIGURES

FIGURE 1: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY APPLICATION, 2018 & 2027 (IN %)

FIGURE 2: WORLDWIDE AUTOMOTIVE (CARS & COMMERCIAL VEHICLES) PRODUCTION, 2015-2020 (IN MILLION UNITS)

FIGURE 3: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY MONOLITHIC IC, 2019-2027 (IN $ BILLION)

FIGURE 4: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY HYBRID IC, 2019-2027 (IN $ BILLION)

FIGURE 5: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY ANALOG IC, 2019-2027 (IN $ BILLION)

FIGURE 6: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY DIGITAL IC, 2019-2027 (IN $ BILLION)

FIGURE 7: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY MIXED IC, 2019-2027 (IN $ BILLION)

FIGURE 8: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY TRANSMISSION CONTROL SYSTEM, 2019-2027 (IN $ BILLION)

FIGURE 9: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY IN-VEHICLE NETWORKING, 2019-2027 (IN $ BILLION)

FIGURE 10: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY ENGINE MANAGEMENT, 2019-2027 (IN $ BILLION)

FIGURE 11: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS), 2019-2027 (IN $ BILLION)

FIGURE 12: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ BILLION)

FIGURE 13: PORTER’S FIVE FORCE ANALYSIS

FIGURE 14: GLOBAL AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 15: UNITED STATES AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 16: CANADA AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 17: UNITED KINGDOM AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 18: GERMANY AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 19: FRANCE AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 20: SPAIN AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 21: ITALY AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 22: RUSSIA AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 23: REST OF EUROPE AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 24: CHINA AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 25: JAPAN AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 26: INDIA AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 27: SOUTH KOREA AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 28: AUSTRALIA AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 29: REST OF ASIA PACIFIC AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 30: LATIN AMERICA AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 31: MIDDLE EAST & AFRICA AUTOMOTIVE INTEGRATED CIRCUITS (ICS) MARKET, 2019-2027 (IN $ BILLION)

FIGURE 32: MARKET SHARE ANALYSIS OF KEY PLAYERS IN 2017 (IN %)

  1. MARKET BY TYPE
    • MONOLITHIC IC
    • HYBRID IC
      • ANALOG IC
      • DIGITAL IC
      • MIXED IC
  1. MARKET BY APPLICATION
    • TRANSMISSION CONTROL SYSTEM
    • IN-VEHICLE NETWORKING
    • ENGINE MANAGEMENT
    • ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS)
    • OTHER APPLICATIONS
  2. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • SPAIN
      • ITALY
      • RUSSIA
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA

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