Market by Type of Vehicle (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs)) Type of Fuel (Gasoline, Diesel, Electric/Hybrid) Application (Advanced Driver Assistance Systems, Body Electronics, Infotainment, Powertrain, Safety Systems) Component (Processors, Analog ICs, Discrete Power Devices, Sensors, Memory Devices, Lighting Devices) and Country Outlook | Forecast 2024-2032
As per Triton Market Research’s estimates, the Asia-Pacific automotive semiconductor market is projected to advance in terms of revenue at a CAGR of 8.41% during the forecast years 2024-2032.
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Government support, extensive market potential, and increased R&D spending have propelled China, Japan, South Korea, and Taiwan to become the top four semiconductor players in the region. According to the Asian Development Bank, East Asia and Southeast Asia’s economies collectively contribute around 80% to global semiconductor manufacturing. Further, key countries like India, Singapore, and Japan are also enhancing their road and telecom infrastructure to support the automotive sector, which is expected to boost demand for automotive semiconductors.Â
Furthermore, the automotive sector’s growth in the region significantly supports the automotive semiconductor market, driven by increased demand for electric vehicles and advanced automotive technologies. The International Energy Agency (IEA) reports that China alone accounted for nearly 60% of global EV sales in 2023. This surge is supported by government policies promoting new energy vehicles, contributing to a substantial demand for automotive semiconductors used in EV battery management systems and power electronics.
The countries analyzed in this region include:
China leads with major market share, accounting for $11721.77 million in 2023
The automotive semiconductor market in China is experiencing significant growth due to the surge in electric vehicle (EV) sales. In 2023, China registered 8.1 million new electric cars, marking a 35% increase from the previous year, as noted by IEA. As EVs become more prevalent, the demand for semiconductors, essential for various EV components, is rising accordingly.
China’s position as a leading EV battery producer, with around 90% of the global installed capacity for cathode active materials, highlights its critical role in the supply chain. This dominance in battery production directly impacts the automotive semiconductor market, as batteries and related technologies require advanced semiconductor components.Â
Initiatives like the Automotive Industry Green and Low-Carbon Development Roadmap 1.0 and the 14th Five-Year Plan emphasize the importance of technological advancements in the automotive sector. These policies are expected to elevate the adoption of semiconductor technology for varied automotive applications.Â
Market Forecast for JapanÂ
The automotive semiconductor market in Japan has experienced significant growth owing to advancements in electric vehicles, autonomous driving technology, and the increasing demand for advanced driver-assistance systems (ADAS). The government has played a crucial role in fostering this growth through various initiatives. Notably, the Ministry of Economy, Trade, and Industry (METI) has implemented policies to support semiconductor manufacturing and R&D. These include financial incentives for companies investing in semiconductor technologies, subsidies for research collaborations between industry and academia, and efforts to bolster the domestic supply chain to reduce dependency on foreign sources.
The market segmentation includes type of vehicle, application, type of fuel, and component. The type of vehicle segment is branched into heavy commercial vehicles, passenger cars, and light commercial vehicles.Â
Heavy commercial vehicles are those with a gross vehicle weight (GVW) exceeding 6 tons. GVW represents the total weight of the vehicle plus its maximum allowed payload. This payload determines the vehicle’s earning potential, as freight rates are typically based on the weight and distance transported. Semiconductors are integral to these vehicles’ electronic control units (ECUs), which manage engine performance, transmission systems, braking mechanisms, and other critical functions.
Contender Analysis in the Automotive Semiconductor Market:
Samsung Electronics Co Ltd, a member of the Samsung group, is among the leaders in consumer electronics. Its diverse product lineup encompasses smartphones, tablets, wearables, virtual reality devices, accessories, televisions, home entertainment systems, audio devices, computing solutions like laptops and desktops, printers, monitors, storage devices, and a range of home appliances. The company operates across Asia, Europe, and the Americas, with headquarters located in Seoul, South Korea.Â
In July 2024, Samsung Electronics announced offering turnkey semiconductor solutions to Preferred Networks, a Japanese AI company, to develop innovative AI accelerators.Â
Other companies offering solutions in the automotive semiconductor market include Analog Devices Inc, Intel Corporation, Microchip Technology Incorporated, Micron Technology Inc, ON Semiconductor Corporation, and NXP Semiconductors NV.Â
KEY DELIVERABLES OF THE REPORT:
Market CAGR during the forecasting years 2024-2032
Detailed data highlighting key insights, industry components, and market strategies
Comprehensive information and estimation of the automotive semiconductor market revenue growth in the Asia-Pacific and its influence on the parent market
In-depth study of forthcoming trends in consumer behavioral patterns
A meticulous analysis of the competitive landscape and Porter’s Five Forces
A wide-ranging study of factors that will challenge the APAC automotive semiconductor market’s growth during the upcoming years
Want to get specific insights? Our team of analysts can customize this report based on your preferences. Connect with us here.
Market by Technology (Data ana ..
VIEW REPORT1. ASIA-PACIFIC
AUTOMOTIVE SEMICONDUCTOR MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE AUTOMOTIVE SEMICONDUCTOR MARKET
2.1.1. COVID-19
IMPACT
2.1.2. RUSSIA-UKRAINE
WAR IMPACT
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. MARKET
ATTRACTIVENESS INDEX
2.4. REGULATORY
FRAMEWORK
2.5. KEY BUYING
IMPACT ANALYSIS
2.5.1. PERFORMANCE
AND RELIABILITY
2.5.2. COMPATIBILITY
AND INTEGRATION
2.5.3. COST-EFFECTIVENESS
2.5.4. BRAND
REPUTATION
2.6. SUPPLY
CHAIN ANALYSIS
2.6.1. RAW
MATERIAL SUPPLIERS
2.6.2. SEMICONDUCTOR
MANUFACTURERS
2.6.3. SEMICONDUCTOR
PACKAGING AND TESTING
2.6.4. AUTOMOTIVE
SYSTEM INTEGRATORS
2.6.5. DEALERSHIPS
AND AFTERMARKET
2.7. KEY
MARKET STRATEGIES
2.7.1. ACQUISITIONS
2.7.2. COLLABORATIONS
2.7.3. PRODUCT
LAUNCHES
2.7.4. INVESTMENTS
& EXPANSIONS
2.8. MARKET
DRIVERS
2.8.1. RISING
DEMAND FOR ELECTRIC VEHICLES (EVS) AND HYBRID ELECTRIC VEHICLES (HEVS)
2.8.2. GROWING
PREFERENCE FOR CONNECTED VEHICLES
2.8.3. INCREASING
AUTONOMOUS FEATURES IN VEHICLES
2.8.4. DEMAND
FOR ELECTRONIC CONTROL UNITS (ECU) WITH ENHANCED FUNCTIONALITY
2.9. MARKET
CHALLENGES
2.9.1. EXTENDED
DESIGN CYCLES AND ELEVATED DEVELOPMENT EXPENSES
2.9.2. STRINGENT
AUTOMOTIVE SAFETY AND QUALITY STANDARDS
2.9.3. SEMICONDUCTOR
SHORTAGES AND SUPPLY CHAIN DISRUPTIONSÂ Â Â Â
2.10. MARKET
OPPORTUNITIES
2.10.1. RISING
USE OF GALLIUM NITRIDE (GAN) AND SILICON CARBIDE (SIC) POWER SEMICONDUCTORS
2.10.2. GROWING
NEED FOR SYSTEM-ON-A-CHIPS (SOC) AND AUTOMOTIVE-GRADE MICROCONTROLLERS (MCUS)
2.10.3. INCREASING
EMPHASIS ON AUTOMOTIVE CYBERSECURITY SOLUTIONS
2.10.4. SHIFT
TOWARDS NEURAL NETWORK ACCELERATORS AND AUTOMOTIVE-GRADE AI PROCESSORS
2.11. ANALYST
PERSPECTIVE
3. ASIA-PACIFIC
AUTOMOTIVE SEMICONDUCTOR MARKET – BY TYPE OF VEHICLE
3.1. PASSENGER
CARS
3.2. LIGHT
COMMERCIAL VEHICLES (LCVS)
3.3. HEAVY
COMMERCIAL VEHICLES (HCVS)
4. ASIA-PACIFIC
AUTOMOTIVE SEMICONDUCTOR MARKET – BY TYPE OF FUEL
4.1. GASOLINE
4.2. DIESEL
4.3. ELECTRIC/HYBRID
5. ASIA-PACIFIC
AUTOMOTIVE SEMICONDUCTOR MARKET – BY APPLICATION
5.1. ADVANCED
DRIVER ASSISTANCE SYSTEMS
5.2. BODY
ELECTRONICS
5.3. INFOTAINMENT
5.4. POWERTRAIN
5.5. SAFETY
SYSTEMS
6. ASIA-PACIFIC
AUTOMOTIVE SEMICONDUCTOR MARKET – BY COMPONENT
6.1. PROCESSORS
6.2. ANALOG
ICS
6.3. DISCRETE
POWER DEVICES
6.4. SENSORS
6.4.1. LED
6.4.2. IMAGE SENSOR
6.4.3. POSITION
SENSOR
6.4.4. TEMPERATURE
SENSOR
6.4.5. PRESSURE
SENSOR
6.4.6. Â OTHER SENSORS
6.5. MEMORY
DEVICES
6.5.1. DRAM
6.5.2. FLASH
6.6. LIGHTING
DEVICES
7. ASIA-PACIFIC
AUTOMOTIVE SEMICONDUCTOR MARKET – BY COUNTRY OUTLOOK
7.1. CHINA
7.1.1. CHINA AUTOMOTIVE
SEMICONDUCTOR MARKET FORECAST & PROSPECTS
7.2. JAPAN
7.2.1. JAPAN AUTOMOTIVE
SEMICONDUCTOR MARKET FORECAST & PROSPECTS
7.3. INDIA
7.3.1. INDIA AUTOMOTIVE
SEMICONDUCTOR MARKET FORECAST & PROSPECTS
7.4. SOUTH
KOREA
7.4.1. SOUTH
KOREA AUTOMOTIVE SEMICONDUCTOR MARKET FORECAST & PROSPECTS
7.5. ASEAN
COUNTRIES
7.5.1. ASEAN
COUNTRIES AUTOMOTIVE SEMICONDUCTOR MARKET FORECAST & PROSPECTS
7.6. AUSTRALIA
& NEW ZEALAND
7.6.1. AUSTRALIA
& NEW ZEALAND AUTOMOTIVE SEMICONDUCTOR MARKET FORECAST & PROSPECTS
7.7. REST
OF ASIA-PACIFIC
7.7.1. REST
OF ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET FORECAST & PROSPECTS
8. COMPETITIVE
LANDSCAPE
8.1. ANALOG
DEVICES INC
8.1.1. OVERVIEW
8.1.2. PORTFOLIO
8.1.3. KEY
STRENGTH
8.1.4. KEY
CHALLENGE
8.2. INFINEON
TECHNOLOGIES AG
8.2.1. OVERVIEW
8.2.2. PORTFOLIO
8.2.3. KEY
STRENGTH
8.2.4. KEY
CHALLENGE
8.3. INTEL
CORPORATION
8.3.1. OVERVIEW
8.3.2. PORTFOLIO
8.3.3. KEY
STRENGTH
8.3.4. KEY
CHALLENGE
8.4. MICROCHIP
TECHNOLOGY INCORPORATED
8.4.1. OVERVIEW
8.4.2. PORTFOLIO
8.4.3. KEY
STRENGTH
8.4.4. KEY
CHALLENGE
8.5. MICRON
TECHNOLOGY INC
8.5.1. OVERVIEW
8.5.2. PORTFOLIO
8.5.3. KEY
STRENGTH
8.5.4. KEY
CHALLENGE
8.6. NXP
SEMICONDUCTORS NV
8.6.1. OVERVIEW
8.6.2. PORTFOLIO
8.6.3. KEY
STRENGTH
8.6.4. KEY
CHALLENGE
8.7. ON
SEMICONDUCTOR CORPORATION
8.7.1. OVERVIEW
8.7.2. PORTFOLIO
8.7.3. KEY
STRENGTH
8.7.4. KEY
CHALLENGE
8.8. RENESAS
ELECTRONICS CORPORATION
8.8.1. OVERVIEW
8.8.2. PORTFOLIO
8.8.3. KEY
STRENGTH
8.8.4. KEY
CHALLENGE
8.9. ROBERT
BOSCH GMBH
8.9.1. OVERVIEW
8.9.2. PORTFOLIO
8.9.3. KEY
STRENGTH
8.9.4. KEY
CHALLENGE
8.10. ROHM
CO LTD
8.10.1. OVERVIEW
8.10.2. PORTFOLIO
8.10.3. KEY
STRENGTH
8.10.4. KEY
CHALLENGE
8.11. SAMSUNG
ELECTRONICS CO LTD
8.11.1. OVERVIEW
8.11.2. PORTFOLIO
8.11.3. KEY
STRENGTH
8.11.4. KEY
CHALLENGE
8.12. STMICROELECTRONICS
NV
8.12.1. OVERVIEW
8.12.2. PORTFOLIO
8.12.3. KEY
STRENGTH
8.12.4. KEY
CHALLENGE
8.13. TEXAS
INSTRUMENTS INCORPORATED
8.13.1. OVERVIEW
8.13.2. PORTFOLIO
8.13.3. KEY
STRENGTH
8.13.4. KEY
CHALLENGE
8.14. TOSHIBA
CORPORATION
8.14.1. OVERVIEW
8.14.2. PORTFOLIO
8.14.3. KEY STRENGTH
8.14.4. KEY
CHALLENGE
8.15. QUALCOMM
INCORPORATED
8.15.1. OVERVIEW
8.15.2. PORTFOLIO
8.15.3. KEY
STRENGTH
8.15.4. KEY
CHALLENGE
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE
1: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY COUNTRY OUTLOOK, 2024-2032
(IN $ MILLION)
TABLE
2: REGULATORY
FRAMEWORK
TABLE
3: LIST OF ACQUISITIONS
TABLE
4: LIST OF COLLABORATIONS
TABLE
5: LIST PRODUCT LAUNCHES
TABLE
6: LIST OF INVESTMENTS & EXPANSIONS
TABLE
7: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY TYPE OF VEHICLE, 2024-2032 (IN
$ MILLION)
TABLE
8: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY TYPE OF FUEL, 2024-2032 (IN
$ MILLION)
TABLE
9: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY APPLICATION, 2024-2032 (IN
$ MILLION)
TABLE
10: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY COMPONENT, 2024-2032 (IN $
MILLION)
TABLE
11: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY SENSORS, 2024-2032 (IN $
MILLION)
TABLE
12: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY MEMORY DEVICES, 2024-2032
(IN $ MILLION)
FIGURE
1: PORTER’S FIVE FORCES ANALYSIS
FIGURE
2: MARKET ATTRACTIVENESS INDEX
FIGURE
3: KEY BUYING IMPACT ANALYSIS
FIGURE
4: SUPPLY CHAIN ANALYSIS
FIGURE
5: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY TYPE OF VEHICLE, 2023 &
2032 (IN %)
FIGURE
6: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY PASSENGER CARS, 2024-2032
(IN $ MILLION)
FIGURE
7: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY LIGHT COMMERCIAL VEHICLES
(LCVS), 2024-2032 (IN $ MILLION)
FIGURE
8: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY HEAVY COMMERCIAL VEHICLES (HCVS),
2024-2032 (IN $ MILLION)
FIGURE
9: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY TYPE OF FUEL, 2023 &
2032 (IN %)
FIGURE
10: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY GASOLINE, 2024-2032 (IN $
MILLION)
FIGURE
11: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY DIESEL, 2024-2032 (IN $
MILLION)
FIGURE
12: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY ELECTRIC/HYBRID, 2024-2032
(IN $ MILLION)
FIGURE
13: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY APPLICATION, 2023 &
2032 (IN %)
FIGURE
14: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY ADVANCED DRIVER ASSISTANCE
SYSTEMS, 2024-2032 (IN $ MILLION)
FIGURE
15: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY BODY ELECTRONICS,
2024-2032 (IN $ MILLION)
FIGURE
16: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY INFOTAINMENT, 2024-2032
(IN $ MILLION)
FIGURE
17: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY POWERTRAIN, 2024-2032 (IN
$ MILLION)
FIGURE
18: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY SAFETY SYSTEMS, 2024-2032
(IN $ MILLION)
FIGURE
19: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY COMPONENT, 2023 & 2032
(IN %)
FIGURE
20: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY PROCESSORS, 2024-2032 (IN
$ MILLION)
FIGURE
21: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY ANALOG ICS, 2024-2032 (IN
$ MILLION)
FIGURE
22: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY DISCRETE POWER DEVICES,
2024-2032 (IN $ MILLION)
FIGURE
23: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY SENSORS, 2024-2032 (IN $
MILLION)
FIGURE
24: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY SENSORS, 2023 & 2032
(IN %)
FIGURE
25: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY LED, 2024-2032 (IN $
MILLION)
FIGURE
26: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY IMAGE SENSOR, 2024-2032
(IN $ MILLION)
FIGURE
27: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY POSITION SENSOR, 2024-2032
(IN $ MILLION)
FIGURE
28: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY TEMPERATURE SENSOR,
2024-2032 (IN $ MILLION)
FIGURE
29: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY PRESSURE SENSOR, 2024-2032
(IN $ MILLION)
FIGURE
30: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY OTHER SENSORS, 2024-2032
(IN $ MILLION)
FIGURE
31: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY MEMORY DEVICES, 2024-2032
(IN $ MILLION)
FIGURE
32: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY MEMORY DEVICES, 2023 &
2032 (IN %)
FIGURE
33: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY DRAM, 2024-2032 (IN $
MILLION)
FIGURE
34: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY FLASH, 2024-2032 (IN $
MILLION)
FIGURE
35: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY LIGHTING DEVICES,
2024-2032 (IN $ MILLION)
FIGURE
36: ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET, BY COUNTRY OUTLOOK, 2023
& 2032 (IN %)
FIGURE
37: CHINA AUTOMOTIVE SEMICONDUCTOR MARKET 2024-2032 (IN $ MILLION)
FIGURE
38: JAPAN AUTOMOTIVE SEMICONDUCTOR MARKET 2024-2032 (IN $ MILLION)
FIGURE
39: INDIA AUTOMOTIVE SEMICONDUCTOR MARKET 2024-2032 (IN $ MILLION)
FIGURE
40: SOUTH KOREA AUTOMOTIVE SEMICONDUCTOR MARKET 2024-2032 (IN $ MILLION)
FIGURE
41: ASEAN COUNTRIES AUTOMOTIVE SEMICONDUCTOR MARKET 2024-2032 (IN $ MILLION)
FIGURE
42: AUSTRALIA & NEW ZEALAND AUTOMOTIVE SEMICONDUCTOR MARKET 2024-2032 (IN $
MILLION)
FIGURE
43: REST OF ASIA-PACIFIC AUTOMOTIVE SEMICONDUCTOR MARKET 2024-2032 (IN $
MILLION)