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’s report, the Europe automotive semiconductor market is anticipated to progress in revenue at a CAGR of 7.44% during the forecast period 2024-2032.
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The automotive semiconductor market in Europe is experiencing significant growth, boosted by several strategic initiatives and substantial investments. One of the key drivers of this growth is the European Chips Act, which aims to enhance Europe’s competitiveness and resilience in semiconductor technology. The Act mobilizes over €43 billion in public and private investments to support large-scale technological capacity building, innovation, and manufacturing facilities, aiming to secure 20% of the global semiconductor market by 2030. Further, as noted by the European Commission, the EU announced investing €325 million to support semiconductor research and innovation initiatives in July 2024. These initiatives and investments, coupled with a focus on innovation and technological leadership, are set to significantly elevate the automotive semiconductor market share in Europe.
The countries examined in this region include:
Germany captures the highest market share, with $3043.78 million in 2023
The rapid adoption of electric vehicles is a major driver of the automotive semiconductor market in Germany. As per the International Energy Agency, Germany became the third nation, following China and the United States, to register 500,000 new battery-electric cars in 2023.
This trend is supported by government incentives and stringent CO2 emission standards, which have accelerated the integration of semiconductors in vehicle systems to enhance performance, energy efficiency, and automation.
The German government and the European Union have also launched several initiatives to support the semiconductor market’s growth. For instance, as per Germany Trade and Invest (GTAI), the Important Project of Common European Interest (IPCEI) focuses on microelectronics projects to support Europe and Germany as semiconductor production sites.
Market Forecast for the United Kingdom
The Society of Motor Manufacturers and Traders (SMMT) highlights the crucial role of the automotive industry in the UK economy, contributing £93 billion in turnover, with around £4 billion invested annually in R&D. Additionally, the government has launched a £1 billion National Semiconductor Strategy to boost the semiconductor sector, focusing on research, development, and innovation to maintain a competitive edge globally. This strategy includes initiatives like the creation of a UK Semiconductor Advisory Panel and a National Semiconductor Infrastructure Initiative to support local firms in overcoming innovation barriers and enhancing their global supply chain resilience. These factors thus widen the scope of semiconductor technology across the nation.
The market is sectioned based on the type of fuel, application, type of vehicle, and component. The type of fuel segment consists of diesel, electric/hybrid, and gasoline.
Diesel fuel, also known as diesel oil, is a flammable liquid used to power diesel engines. It is typically derived from less volatile fractions of crude oil compared to those used for gasoline. Unlike gasoline engines, diesel engines ignite fuel through the heat generated by compressed air in the cylinder, with the fuel being sprayed into this hot, compressed air. Diesel fuel produces more energy per volume than gasoline, leading to superior fuel efficiency in engines. Additionally, producing diesel fuel involves fewer refining steps, traditionally making it less expensive than gasoline, though this can vary by location, season, and regulatory factors.
Contender Analysis in the Automotive Semiconductor Market:
Infineon Technologies AG specializes in creating and producing semiconductor solutions. Its product range includes sensors, power modules, automotive and industrial transceivers, wireless control systems, small signal transistors and diodes, and power delivery controllers. The company serves a variety of sectors, including automotive, communication, security, and industrial. With operations across multiple regions, it is headquartered in Germany.
In April 2024, Infineon Technologies announced a multi-year collaboration with Amkor Technology Inc to reinforce the supply chain for semiconductor solutions across Europe.
Other notable firms in the automotive semiconductor market include Intel Corporation, Micron Technology Inc, NXP Semiconductors NV, and Microchip Technology Incorporated.
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 Europe 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 Europe automotive semiconductor market’s growth during the upcoming years
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Market by Technology (Data ana ..
VIEW REPORT1. EUROPE
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 DISRUPTIONS
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. EUROPE
AUTOMOTIVE SEMICONDUCTOR MARKET – BY TYPE OF VEHICLE
3.1. PASSENGER
CARS
3.2. LIGHT
COMMERCIAL VEHICLES (LCVS)
3.3. HEAVY
COMMERCIAL VEHICLES (HCVS)
4. EUROPE
AUTOMOTIVE SEMICONDUCTOR MARKET – BY TYPE OF FUEL
4.1. GASOLINE
4.2. DIESEL
4.3. ELECTRIC/HYBRID
5. EUROPE
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. EUROPE
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. OTHER SENSORS
6.5. MEMORY
DEVICES
6.5.1. DRAM
6.5.2. FLASH
6.6. LIGHTING
DEVICES
7. EUROPE
AUTOMOTIVE SEMICONDUCTOR MARKET – BY COUNTRY OUTLOOK
7.1. UNITED
KINGDOM
7.1.1. UNITED
KINGDOM AUTOMOTIVE SEMICONDUCTOR MARKET FORECAST & PROSPECTS
7.2. GERMANY
7.2.1. GERMANY
AUTOMOTIVE SEMICONDUCTOR MARKET FORECAST & PROSPECTS
7.3. FRANCE
7.3.1. FRANCE
AUTOMOTIVE SEMICONDUCTOR MARKET FORECAST & PROSPECTS
7.4. ITALY
7.4.1. ITALY AUTOMOTIVE
SEMICONDUCTOR MARKET FORECAST & PROSPECTS
7.5. SPAIN
7.5.1. SPAIN AUTOMOTIVE
SEMICONDUCTOR MARKET FORECAST & PROSPECTS
7.6. BELGIUM
7.6.1. BELGIUM
AUTOMOTIVE SEMICONDUCTOR MARKET FORECAST & PROSPECTS
7.7. POLAND
7.7.1. POLAND
AUTOMOTIVE SEMICONDUCTOR MARKET FORECAST & PROSPECTS
7.8. REST
OF EUROPE
7.8.1. REST
OF EUROPE 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: EUROPE 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: EUROPE AUTOMOTIVE SEMICONDUCTOR MARKET, BY TYPE OF VEHICLE, 2024-2032 (IN $
MILLION)
TABLE
8: EUROPE AUTOMOTIVE SEMICONDUCTOR MARKET, BY TYPE OF FUEL, 2024-2032 (IN $
MILLION)
TABLE
9: EUROPE AUTOMOTIVE SEMICONDUCTOR MARKET, BY APPLICATION, 2024-2032 (IN $
MILLION)
TABLE
10: EUROPE AUTOMOTIVE SEMICONDUCTOR MARKET, BY COMPONENT, 2024-2032 (IN $
MILLION)
TABLE
11: EUROPE AUTOMOTIVE SEMICONDUCTOR MARKET, BY SENSORS, 2024-2032 (IN $
MILLION)
TABLE
12: EUROPE AUTOMOTIVE SEMICONDUCTOR MARKET, BY MEMORY DEVICES, 2024-2032 (IN $
MILLION)
TABLE
13: EUROPE AUTOMOTIVE SEMICONDUCTOR MARKET, BY COUNTRY OUTLOOK, 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: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY TYPE OF VEHICLE, 2023 & 2032 (IN %)
FIGURE 6: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY PASSENGER CARS, 2024-2032 (IN $ MILLION)
FIGURE 7: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY LIGHT COMMERCIAL VEHICLES (LCVS), 2024-2032 (IN $
MILLION)
FIGURE 8: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY HEAVY COMMERCIAL VEHICLES (HCVS), 2024-2032 (IN $
MILLION)
FIGURE 9: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY TYPE OF FUEL, 2023 & 2032 (IN %)
FIGURE 10: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY GASOLINE, 2024-2032 (IN $ MILLION)
FIGURE 11: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY DIESEL, 2024-2032 (IN $ MILLION)
FIGURE 12: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY ELECTRIC/HYBRID, 2024-2032 (IN $ MILLION)
FIGURE 13: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY APPLICATION, 2023 & 2032 (IN %)
FIGURE 14: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY ADVANCED DRIVER ASSISTANCE SYSTEMS, 2024-2032 (IN $
MILLION)
FIGURE 15: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY BODY ELECTRONICS, 2024-2032 (IN $ MILLION)
FIGURE 16: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY INFOTAINMENT, 2024-2032 (IN $ MILLION)
FIGURE 17: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY POWERTRAIN, 2024-2032 (IN $ MILLION)
FIGURE 18: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY SAFETY SYSTEMS, 2024-2032 (IN $ MILLION)
FIGURE 19: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY COMPONENT, 2023 & 2032 (IN %)
FIGURE 20: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY PROCESSORS, 2024-2032 (IN $ MILLION)
FIGURE 21: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY ANALOG ICS, 2024-2032 (IN $ MILLION)
FIGURE 22: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY DISCRETE POWER DEVICES, 2024-2032 (IN $ MILLION)
FIGURE 23: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY SENSORS, 2024-2032 (IN $ MILLION)
FIGURE 24: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY SENSORS, 2023 & 2032 (IN %)
FIGURE 25: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY LED, 2024-2032 (IN $ MILLION)
FIGURE 26: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY IMAGE SENSOR, 2024-2032 (IN $ MILLION)
FIGURE 27: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY POSITION SENSOR, 2024-2032 (IN $ MILLION)
FIGURE 28: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY TEMPERATURE SENSOR, 2024-2032 (IN $ MILLION)
FIGURE 29: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY PRESSURE SENSOR, 2024-2032 (IN $ MILLION)
FIGURE 30: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY OTHER SENSORS, 2024-2032 (IN $ MILLION)
FIGURE 31: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY MEMORY DEVICES, 2024-2032 (IN $ MILLION)
FIGURE 32: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY MEMORY DEVICES, 2023 & 2032 (IN %)
FIGURE 33: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY DRAM, 2024-2032 (IN $ MILLION)
FIGURE 34: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY FLASH, 2024-2032 (IN $ MILLION)
FIGURE 35: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY LIGHTING DEVICES, 2024-2032 (IN $ MILLION)
FIGURE 36: EUROPE AUTOMOTIVE
SEMICONDUCTOR MARKET, BY COUNTRY OUTLOOK, 2023 & 2032 (IN %)
FIGURE 37: UNITED KINGDOM
AUTOMOTIVE SEMICONDUCTOR MARKET 2024-2032 (IN $ MILLION)
FIGURE 38: GERMANY AUTOMOTIVE
SEMICONDUCTOR MARKET 2024-2032 (IN $ MILLION)
FIGURE 39: FRANCE AUTOMOTIVE
SEMICONDUCTOR MARKET 2024-2032 (IN $ MILLION)
FIGURE 40: ITALY AUTOMOTIVE
SEMICONDUCTOR MARKET 2024-2032 (IN $ MILLION)
FIGURE 41: SPAIN AUTOMOTIVE
SEMICONDUCTOR MARKET 2024-2032 (IN $ MILLION)
FIGURE 42: BELGIUM AUTOMOTIVE
SEMICONDUCTOR MARKET 202-2032 (IN $ MILLION)
FIGURE 43: POLAND AUTOMOTIVE
SEMICONDUCTOR MARKET 202-2032 (IN $ MILLION)
FIGURE 44: REST OF EUROPE
AUTOMOTIVE SEMICONDUCTOR MARKET 2024-2032 (IN $ MILLION)