Automotive Chipset Market Positioned for 12.5% CAGR Growth Throughout 2024-2030

Global Automotive Chipset Market Report: 2024-2030

According to MarkNtel Advisors recent report “Global Automotive Chipset Market”. The report takes a numbers-based approach, breaking down precise data in a straightforward way. It consists of information on all the periods – past, present, and future. The report covers important topics like customer behavior, industry size, share, ongoing trends, market segments, and leading companies, and other valuable aspects related to the industry.

Key Highlights of the Report

• Market Performance (2019-2030)
• Market Outlook (2024-2030)
• Market Drivers and Challenges
• Competitive Benchmarking

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Automotive Chipset Market Overview

The Global Automotive Chipset Market size is estimated to grow at a CAGR of around 12.5% during the forecast period, i.e., 2024-30. The market has experienced substantial growth, primarily propelled by the increasing demand for connected cars and electric vehicles (EVs) in the automotive sector. This demand surge is driven by the automotive industry’s transition towards connected vehicles and EVs, which requires advanced semiconductor components, tailored specifically for automotive applications.

Automotive Chipset Industry Challenge

Thermal Management for Automotive Chipsets Posing a Challenge for Market Growth

• The vast temperature fluctuations experienced inside and outside cars pose a significant risk to the functionality and longevity of automotive electronics. Insufficient cooling mechanisms lead to thermal stress on chips, resulting in malfunctions and premature aging. Performance chips, designed to enhance vehicle performance, have been particularly vulnerable to overheating, which not only increases emissions but also potentially damages the engine and causes misfires. The susceptibility of performance chips to overheating, leading to increased emissions and potential engine damage, highlights the urgent need for advanced thermal management solutions to sustain the chipsets to thermal stress in automotive electronics, thus impeding the Automotive Chipset Market growth.

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Automotive Chipset Market Segmentation

By Chip Type

 > Analog ICs- Market Size & Forecast 2019-2030F, USD Million

 > Logic ICs- Market Size & Forecast 2019-2030F, USD Million

 > Microcontrollers & Microprocessors- Market Size & Forecast 2019-2030F, USD Million

 > Others (Memory ICs, Interface ICs, etc.)- Market Size & Forecast 2019-2030F, USD Million

By Vehicle Type

 > Passenger Vehicles- Market Size & Forecast 2019-2030F, USD Million

 > Commercial Vehicles- Market Size & Forecast 2019-2030F, USD Million

 >> Light Commercial Vehicles- Market Size & Forecast 2019-2030F, USD Million

 >> Medium & Heavy Commercial Vehicles- Market Size & Forecast 2019-2030F, USD Million

By Propulsion

 > ICE- Market Size & Forecast 2019-2030F, USD Million

 > Electric or Hybrid Vehicles- Market Size & Forecast 2019-2030F, USD Million

By Application

 > Safety System- Market Size & Forecast 2019-2030F, USD Million

 > Body Electronics- Market Size & Forecast 2019-2030F, USD Million

 > Chassis- Market Size & Forecast 2019-2030F, USD Million

 > Telematics & Infotainment- Market Size & Forecast 2019-2030F, USD Million

 > Powertrain- Market Size & Forecast 2019-2030F, USD Million

 > Others (Advance Driver Assistance System (ADAS), Autonomous Driving, etc.) – Market Size & Forecast 2019-2030F, USD Million

Geographical Insights:

• North America
• Europe
• Asia Pacific
• Middle East/Africa
• South America

Competitive Landscape

The competitive landscape of the market has been studied in the report with detailed profiles of key players operating in the Automotive Chipset market.

Key Players

• > NXP Semiconductors
•  > Analog Devices, Inc.
•  > Renesas Electronics Corporation
•  > Toshiba Corporation
•  > Robert Bosch GmbH
•  > ROHM Co., Ltd.
•  > Infineon Technologies AG
•  > Texas Instruments Incorporated
•  > STMicroelectronics
•  > Samsung Electronics
•  > NVIDIA Corporation
•  > Intel Corporation
•  > Qualcomm Technologies, Inc.
•  > Microchip Technology, Inc.
•  > SK Hynix Inc.

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Why This Report:

1. Strategic Insights: These reports aid strategic decision-making for multinational corporations, financial institutions, and governments by providing crucial market insights.
2. Global Perspective: With a presence in 80+ countries, the reports offer a comprehensive view of the global market landscape, facilitating informed decision-making on both regional and international scales.
3. Expertise in Niche Industries: The specialized team’s expertise in niche industries and emerging geographies allows for detailed and accurate market analysis, vital for informed decision-making.
4. Integrated Strategic Parameters: Covering strategic parameters such as Go-to-Market strategies, product development, and trend analysis empowers clients to develop tailored and informed strategies.
5. Identifying Growth Opportunities: The reports enable clients to identify investment opportunities, emerging market trends, and white spaces, aiding in maximizing returns and gaining a competitive edge.

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