Connect with us

Technology

Automotive Semiconductor Market Share worth $77.76 billion by 2030- Exclusive Report by The Research Insights

Published

on

CHICAGO, May 22, 2025 /PRNewswire/ — The global automotive semiconductor market size is projected to be valued at USD 44.94 billion in 2023 and reach USD 77.76 billion by 2030, growing at a CAGR of 8.1% according to a new report by The Research Insights. Advancements in vehicle electrification and autonomous driving technology alongside connectivity improvements are transforming the automotive semiconductor market. The growing dependence of vehicles on electronic systems and intelligent technologies makes semiconductors vital for advancing safety features and performance capabilities as well as enabling innovation.

For More Information and To Stay Updated on The Latest Developments in The Automotive Semiconductor Market, Download The FREE Sample Pages: https://www.theresearchinsights.com/request_sample?id=10373

Market Overview and Growth Trajectory:

Automotive Semiconductor Market Growth: According to an exhaustive report by The Research Insights, the Automotive Semiconductor Market is undergoing significant growth driven mainly by the swift expansion of electric vehicles (EVs). Electrical vehicle (EV) operations require advanced electronic systems to maintain both efficiency and safety unlike traditional internal combustion engine (ICE) vehicles. Electric vehicles are transforming the semiconductor sector because they contain much more semiconductor content compared to internal combustion engine vehicles. The automotive semiconductor market gains importance alongside the ongoing worldwide effort to promote clean mobility.

The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the automotive semiconductor market growth of 8.1% comprises a range of component, type, application and geography which are expected to register strength during the coming years.

Growth in Advanced Driver Assistance System (ADAS): Advanced Driver Assistance System (ADAS) adoption serves as a major driving force currently transforming the automotive semiconductor market. Advanced driver assistance system such as lane departure warnings and automotive emergency braking as well as adaptive cruise control and blind-spot detection have become standard features instead of premium options. Consumer expectations together with regulatory requirements for improved road safety have made advanced driver assistance system standard across all vehicle types. Vehicles increasing their intelligence and connectivity has led to a sharp rise in the demand for fast-processing chips. The development of higher autonomy levels in vehicles creates an exponential demand for robust real-time processing capabilities. The automotive semiconductor market leads the way in automotive innovation. Manufacturers continue to make substantial investments in advanced chip design and edge computing technologies that will enable vehicles to support drivers while eventually facilitating autonomous driving capabilities. The ongoing transformation in vehicle technology is creating new capabilities for vehicles and changing our methods of interaction with them.

Edge AI Integration in Automotive Semiconductors: The automotive semiconductor market sees a fundamental shift through Edge AI integration because vehicles transform from basic transportation tools to intelligent systems with responsive behaviors. Edge AI enables vehicles to process data directly on-board where the information originates instead of sending it to the cloud for analysis. Real-time decision-making during critical driving moments requires local processing because a matter of milliseconds determines safety outcomes. The car’s cameras, radar and LiDAR sensors collect data which powerful AI-enabled semiconductors inside the vehicle analyze instantly. Edge AI provides additional functionalities such as voice recognition and intelligent infotainment while offering driver monitoring to improve both personalization and intuition in the driving experience. Edge AI will become critical technology as the automotive sector advances towards fully autonomous vehicles. The emergence of edge AI technology transforms vehicle capabilities into new realms of perception and function making the automotive semiconductor market central to the rapid technological revolution.

For Detailed Market Share & Insights, Visit: https://www.theresearchinsights.com/reports/automotive-semiconductor-market-10373

Rising Preference for Discrete Power Component: The automotive semiconductor market shows preference for discrete power components due to the swift shift toward electric and hybrid vehicles. MOSFETs, IGBTs, and diodes serve essential functions in power conversion management and enable motor control and battery charging operations. The essential requirements for efficient energy conversion and thermal stability in electric vehicles lead to the growing adoption of discrete power semiconductors made from wide-bandgap materials like silicon carbide and gallium nitride. The combination of their high voltage management capability and high-temperature performance makes these semiconductors key elements for inverter systems and DC-DC converters along with onboard chargers. The automotive industry’s push towards electrification and energy efficiency strengthens the discrete power segment which provides essential support for the automotive semiconductor market to meet performance and sustainability targets.

Geographical Insights: Strong investments in autonomous vehicle development and advanced driver-assistance systems (ADAS) drive the automotive semiconductor market in North America especially in the United States. Leading automotive and technology corporations are investing significant research and development resources into the creation of advanced edge computing solutions and electric vehicle technologies. The automotive semiconductor market by volume is dominated by the Asia Pacific region because major automotive companies and top semiconductor fabrication facilities operate throughout China, Japan, South Korea, and Taiwan. The automotive semiconductor market in Europe continues to grow because of the region’s commitment to sustainability, electric vehicle technology improvement and strict safety laws. The automotive sectors of Germany and France include leading OEMs and first-level suppliers which boost semiconductor requirements for electric vehicles as well as ADAS and connectivity systems within cars.

Stay Updated on The Latest Automotive Semiconductor Market Trends: https://www.theresearchinsights.com/request_sample?id=10373

Automotive Semiconductor Market Segmentation and Geographical Insights:

Based on component, the market is divided into processor, discrete power, sensor, memory and others. The discrete power segment held the largest share of the automotive semiconductor market in 2024.Based on vehicle type, the market is divided into passenger vehicle, light commercial vehicle (LCV) and heavy commercial vehicle (HCV). The passenger vehicle held the largest share of the automotive semiconductor market in 2024.Based on application, the market is divided into chassis, powertrain, safety, telematics & infotainment and body electronics. The body electronics segment accounted for a larger share of the automotive semiconductor market in 2024.The automotive semiconductor market is segmented into five major regions: North America, Europe, Asia Pacific, Central & South America and Middle East & Africa.

Key Players and Competitive Landscape:

The Automotive Semiconductor Market is characterized by the presence of several major players, including:

Analog Devices, Inc.Infineon Technologies AGNXP SemiconductorsRenesas Electronics CorporationRobert Bosch GmbHROHM Co., Ltd.Semiconductor Components Industries, LLCSTMicroelectronicsTexas Instruments IncorporatedToshiba Corporation

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

Purchase Premium Copy of Global Automotive Semiconductor Market Size and Growth Report (2023-2030) at: https://www.theresearchinsights.com/license?id=10373

Automotive Semiconductor Market Recent Developments and Innovations:

In April 2024, Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, today announced that it has started operations at its Kofu Factory, located in Kai City, Yamanashi Prefecture, Japan.In February 2024, Infineon Technologies and Honda Motor Co. signed a Memorandum of Understanding (MoU) to build a strategic collaboration for automotive semiconductor solutions. Honda has selected Infineon as its semiconductor partner to enhance the development of competitive and advanced vehicles.In June 2023, Nidec Corporation and Renesas Electronics Corporation have agreed to collaborate on the development of semiconductor solutions for a next-generation E-Axle (X-in-1 system) that integrates EV drive motor and power electronics for electric vehicles (EVs).

Conclusion:

The automotive semiconductor market experiences a major shift because electric vehicles (EVs), advanced driver-assistance systems (ADAS), and edge AI integration all require high-performance, efficient and reliable semiconductor components. Processors maintain their status as the primary choice because they function as the central computational component for real-time decision-making and vehicle intelligence alongside connectivity functions. The transition to electrification across the world has led to significant growth in the use of discrete power semiconductors because they are essential for power conversion and energy management. The market maintains a strong outlook despite supply chain difficulties and cost pressures because of the permanent shift toward intelligent, environmentally friendly and connected transportation. The automotive semiconductor market will continue to serve as a critical foundation for future automotive innovation as cars develop into mobile data centers.

Need A Diverse Region or Sector? Customize Research to Suit Your Requirement:  https://www.theresearchinsights.com/Ask_For_Customization?id=10373 

The report from The Research Insights, therefore, provides several stakeholders—including raw material suppliers, fabless manufacturers, integrated device manufacturers (IDMs), OEMs, and end users —with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.

With projected growth to US$ 77.76 billion by 2030, the Automotive Semiconductor Market represents a significant opportunity for raw material suppliers, fabless manufacturers, integrated device manufacturers (IDMs), OEMs, end-users, investors, industry stakeholders, and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape.

Check out more related studies published by The Research Insights:

Automotive Electronic Control Unit Market – The global automotive electronic control unit market size is expected to reach USD 156.0 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 5.9% from 2023 to 2030. The growth of this market can be attributed to the increasing demand for feature-rich vehicles and the OEMs’ emphasis on providing advanced software features.Automotive Software Market – The global automotive software market size is expected to reach USD 66.18 billion by 2030, according to a new report by The Research Insights. It is projected to register a CAGR of 15.0% during the forecast period, attributed to growing need for connected and intelligent vehicles has led to a significant surge in demand for automotive software solutions.Automotive Image Sensors Market – The global automotive image sensors market size is anticipated to reach USD 7.15 billion by 2030 and is projected to grow at a CAGR of 11.6% from 2023 to 2030, according to a new report by The Research Insights. The explosive growth of the autonomous vehicle sector has catalysed an unprecedented demand for top-tier image sensors, setting the stage for a significant expansion of the market.Automotive TIC Market – The global automotive TIC market size is anticipated to reach USD 72.51 billion by 2030, according to a new report by The Research Insights, expanding at a CAGR of 10.7% from 2023 to 2030. The global automotive testing, inspection, and certification (TIC) market is poised for significant growth, driven by the need for increasingly complex and sophisticated automotive technologies.

Browse More related reports on Technology Market – https://www.theresearchinsights.com/categories/technology

About The Research Insights:

The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Kaushik Roy
E-mail: sales@theresearchinsights.com
Phone: +1-312-313-8080
Website: https://www.theresearchinsights.com/

Logo: https://mma.prnewswire.com/media/2684869/The_Research_Insights_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/automotive-semiconductor-market-share-worth-77-76-billion-by-2030–exclusive-report-by-the-research-insights-302462929.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

InfoComm Asia Returns to Bangkok as the Region’s Pro AV Super Connector Event from 15-17 July 2026

Published

on

By

Exclusive 15th May Sneak Peek: Smart Workplace & Education Environments Event to be held in Kuala Lumpur, Malaysia

BANGKOK, April 29, 2026 /PRNewswire/ — Now in its 6th edition, InfoComm Asia 2026 returns to Bangkok, Thailand, 15-17 July at Queen Sirikit National Convention Center (QSNCC). As the region’s Professional Audiovisual (Pro AV) industry super connector event, InfoComm Asia brings together exhibition, conference, and high-level networking into one powerful platform for the Pro AV and technology solutions ecosystem.

Designed as the central meeting point for solution providers, manufacturers, system integrators, consultants, and Pro AV and technology end users, InfoComm Asia enables meaningful connections across the entire value chain while providing an immersive stage to showcase fully integrated, real-world Pro AV applications.

Over 200 global brands are expected to participate in this year’s event, with prominent audio giants such as Yamaha, Soundking, SHURE, Audio Technica and leading visual, display and lighting brands including COLORLIGHT, LUMENS, VITEC, Fabulux, to networking and Pro AV integration stalwarts NETGEAR, Extron, AVCIT, and many more. New to join this year include Hemona (N-Labs) from India, Transtech from China, Yo-Tronics Technology, and Aimiciot Electronics, to name a few.  

InfoComm Asia also serves as the annual flagship gathering for AVIXA–the global Audiovisual and Integrated Experience Association–chapters in Asia. The event hosts additional comprehensive AVIXA-led activities, including industry presentations, roundtables, AVIXA Xchange Live, experiential technology tours, networking sessions, mixers, and fireside chats. Combined with InfoComm Asia’s main stage summit conference hosting renowned Pro AV innovators and experts, networking events, and experiential activities, the InfoComm Asia experience fosters professional development, thought leadership, and peer-to-peer engagement, positioning it as the region’s most influential knowledge and relationship-building platform for Pro AV professionals.

Past testimonials and visitors to InfoComm Asia note:

“InfoComm Asia is the place to be! If you are in the AV industry, you must be here, and you cannot afford to miss it. We met with many consultants and integrators who help guide their end-user customers to make the right decisions on the choice of products, and lots of end-user customers who came with ready budgets.” 

Anand Hariharan, Director, Solutions Engineer from Cisco

“We see a good influx of visitors at InfoComm Asia. We met with buyers from the Philippines, Vietnam, Indonesia, Singapore, Malaysia, and even those from China. We also attended to customers from Australia, South Korea and about ten times more customers from Japan.” 

Marthesh Nagendra, Senior Director, Enterprise APAC from Netgear

“InfoComm Asia has a unique regional flavor you don’t get elsewhere. It’s a great place to reconnect with familiar faces and explore what’s ahead for the Pro AV industry.”

Mitera Tsuyoshi, Director, Cerevo Inc.

“We came to check new products and new technologies that we can incorporate to our system and bring back to our projects and distribution in the Philippines. The technology we see here is advanced, such as the ultra-thin LED screens that can be installed on glass. That’s one of the many advanced technologies we are looking for at the show.”

Jeffrey Beloro, AV Technical Manager from AV Beyond Innovations, The Philippines

“This is a great place to see what the new technologies are and learn about them. I was pleasantly surprised by how expansive and well-represented the show was. It’s a fantastic platform to explore the latest AV technologies relevant to our projects in the region.”

Bruce Crompton, Director, Crompton Manufacturing Consultants Vietnam

“As creative technologists, we rely on both our artistic instincts and technology. Things are evolving at bullet-train speed — that’s why events like InfoComm Asia are so important. They help us keep up, connect, and stay ahead.”

Linda Lim, CEO & Co-Founder, Studio X Beyond Thailand

“I came here for better ideas and to source for devices. I was lucky to find at least seven matching products, and that has already exceeded my expectations.”

Tuan Khoi Nguyen, Founder and Director of AK Technologies, Vietnam

Regional Momentum: Sneak Peek in Kuala Lumpur, Malaysia
Pro AV professionals can get a sneak peek of what is to come by attending the 15th May 2026 InfoComm Asia Pro AV Connect: Malaysia event. This roadshow themed “Rearchitecting Smart Workplace and Education Environments for the Next Decade” will present keynotes on Designing Intelligent Workplace and Learning Ecosystems, From Classrooms to Campuses and Offices: Converged Platforms in Action, and a panel discussion on AI, Data, and the Future of Collaboration and Learning Experiences. Participating Pro AV market leaders include Crestron.

Event Date: Friday, 15 May 2026

Time: 1:30pm – 5:30pm

Venue: Ballroom A, Level 2, Aloft Kuala Lumpur Sentral  

Address: 5, Jalan Stesen Sentral, Kuala Lumpur Sentral, 50470, Kuala Lumpur

Complimentary Registration Details

By uniting innovation, collaboration, and strategic business development, InfoComm Asia empowers participants to demonstrate impact, discover opportunities, and accelerate growth across the region’s diverse industries.

Online pre-registration is now open via the InfoComm Asia’s Online Registration System

Remaining stand and sponsorship opportunities are available via our opportunities page

Inquiry and application to our invited guest program can be found here

About InfoCommAsia
InfoCommAsia Pte Ltd. extends its influence through three marquee shows: InfoComm Asia; InfoComm China, Beijing; and InfoComm India. Each show features an exhibition that showcases the world’s most cutting-edge and in-demand professional audiovisual and integrated experience technology solutions and a summit that presents learning opportunities. The shows bring together professional audiovisual industry players and top-level decision-makers from across different markets to tap into the vast potential presented by pro AV solutions.

For more information, visit:

infocomm-asia.com | infocomm-china.com | infocomm-india.com 

Global Media Enquiries:

Angie Eng
Director, Marketing, InfoCommAsia Pte Ltd
T: +65 8163 2109
E: media@infocommasia.comangieeng@infocommasia.com

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/infocomm-asia-returns-to-bangkok-as-the-regions-pro-av-super-connector-event-from-15-17-july-2026-302756523.html

SOURCE InfoComm Asia

Continue Reading

Technology

Bonree Retains No.1 Position in China’s APMO Market Share, IDC Reports

Published

on

By

HONG KONG, SINGAPORE and BEIJING, April 29, 2026 /PRNewswire/ — Recently, International Data Corporation (IDC) released its China IT Intelligent Operations Software Market Tracking Report, H2 2025 (the “Report”). According to the report, Bonree Data Technology Co., Ltd. (stock code: 688229) ranked first in China’s Application Performance Management and Observability (APMO) market, with a 17.6% market share in the second half of 2025. For the full year, the company achieved a 19.8% market share, further strengthening its position in the market. This performance reflects strong market recognition of Bonree’s product capabilities, technological innovation, and service quality, as well as sustained demand for intelligent observability and operations solutions across industries. It also underscores the company’s long-term commitment to the observability and intelligent operations space, built over more than 18 years of continuous innovation and customer-focused development.

As the first publicly listed company in China’s Application Performance Management (APM) and observability market, Bonree is advancing its globalisation strategy with established operations in Hong Kong SAR, Singapore, and Malaysia. The company has already secured multi-million deals across Hong Kong SAR and Malaysia. Bonree complies with internationally recognised standards, including SOC 2 Type II and CMMI Level 5. Its self-developed LLM-powered observability platform has been selected for Huawei Cloud’s international baseline solution library, reflecting recognition from global cloud ecosystems and supporting its expansion with a “global deployment, local compliance” approach.

Bonree serves over 1,000 leading clients worldwide with system monitoring, performance optimisation, and intelligent operations solutions. Leveraging proprietary unsupervised knowledge graph root cause analysis technology and AI-driven intelligent analytics, Bonree delivers plug-and-play monitoring and fully managed adaptive alerting systems that detect anomalies quickly and accurately with minimal noise. Bonree holds 56 authorised invention patents and 135 software copyrights, and reports an NPS of 79 and a client satisfaction rate of 95%, reflecting strong customer trust across global markets. With these core strengths, Bonree continues to lead in global fintech and digital operations, helping clients ensure business continuity and digital transformation while striving to become a leading global player in APM and observability.

CONTACT: Xiaohan Yao, yaoxiaohan@bonree.com, +8618210189324

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/bonree-retains-no1-position-in-chinas-apmo-market-share-idc-reports-302756538.html

SOURCE Bonree Data Technology Co., Ltd.

Continue Reading

Technology

KuCoin and Lightnet Explore Collaboration to Advance Digital Asset and Payment Infrastructure Across Southeast Asia

Published

on

By

PROVIDENCIALES, Turks and Caicos Islands, April 28, 2026 /PRNewswire/ — KuCoin, a leading global crypto platform built on trust, announced it is exploring potential collaboration with Southeast Asia-based fintech company Lightnet. By combining KuCoin’s global digital asset trading ecosystem with Lightnet’s cross-border payment infrastructure and fintech expertise, the two parties aim to explore long-term opportunities in the digital asset space across Southeast Asia.

The collaboration is dedicated to exploring potential synergies in the region. It is designed to integrate both parties’ capabilities to establish a forward-looking ecosystem for digital financial services, and to enhance digital asset infrastructure development across the region. It also reflects a shared vision to support the broader adoption of blockchain-based solutions in emerging markets.

Lightnet is a fintech company operating a licensed global settlement network and global payment infrastructure, leveraging blockchain technology to improve the efficiency and transparency of cross-border transactions.

BC Wong, CEO of KuCoin, commented:

“Southeast Asia represents one of the most dynamic regions for digital financial innovation. Through our collaboration with Lightnet, we aim to combine our respective strengths in digital asset trading and cross-border payments to explore more efficient and sustainable financial solutions. This partnership reflects KuCoin’s continued commitment to advancing trusted and compliant infrastructure on a global scale.”

Tridbodi Arunanondchai, Group CEO, Lightnet, added:

“We see strong synergies between Lightnet’s cross-border payment infrastructure and KuCoin’s global ecosystem. This collaboration reflects our shared commitment to expanding access to efficient financial solutions across Southeast Asia. We look forward to exploring opportunities together within appropriate regulatory frameworks.”

Both parties stated that they will continue to explore collaboration opportunities within appropriate regulatory frameworks, contributing to the development of a more accessible, efficient, and inclusive digital financial ecosystem in the regions.

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform built on trust, serving over 40 million users across 200+ countries and regions. Known for its reliability and user-first approach, the platform combines advanced technology, deep liquidity, and strong security safeguards to deliver a seamless trading experience. KuCoin provides access to 1,500+ digital assets through a broad product suite and remains committed to building transparent, compliant, and user-centric digital asset infrastructure for the future of finance, backed by SOC 2 Type II, ISO/IEC 27001:2022, and ISO/IEC 27701:2019 Certifications. In recent years, we have built a strong global compliance foundation, marked by key milestones including AUSTRAC registration in Australia, a MiCA license in Europe, and regulatory progress in other markets.

Learn more at www.kucoin.com.

About Lightnet

Lightnet is a Southeast Asia-based fintech company operating under a multi-jurisdiction regulatory framework. It has operations across over 150 countries with deep local partnerships throughout Asia and expanding globally. Lightnet provides fast cross-border settlement, on/off ramps and liquidity services for both fiats and digital assets to banks, fintechs and web 3 businesses.

View original content to download multimedia:https://www.prnewswire.com/news-releases/kucoin-and-lightnet-explore-collaboration-to-advance-digital-asset-and-payment-infrastructure-across-southeast-asia-302755541.html

SOURCE KuCoin

Continue Reading

Trending