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

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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/

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RefrigiWear® Unveils New Heated PPE System at ASSP Safety26 Expo

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48 minutes ago

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June 15, 2026

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ANAHEIM, Calif., June 15, 2026 /PRNewswire/ — RefrigiWear®, the leading manufacturer of insulated PPE and workwear for the global cold chain, announced the new ThermaSync™ Jacket and ThermaSync™ Glove, an integrated heated workwear system designed to keep workers warm, productive and protected even in temperatures down to -15°F.

ThermaSync™ combines heating technology with a completely unique connection to deliver warmth from core to fingertips.

The new products will debut at the ASSP Safety26 Conference & Expo, June 15–17, in Anaheim, California.

Connected Warmth from Core to Fingertips

ThermaSync™ combines battery-powered heating technology with industrial-grade durability and a completely unique connection between the products to deliver synchronized warmth from core to fingertips.

“Cold environments create real challenges for workers, affecting comfort, dexterity, productivity and job performance. Worn together, ThermaSync™ products create a connected system that maintains consistent warmth across the body and hands,” says RefrigiWear CEO Ryan Silberman.

The result is an innovative solution for insulated PPE that helps workers stay safe, comfortable and focused on the job.

ThermaSync™ Jacket

Even before powering up, the ThermaSync™ Jacket is insulated for protection in temperatures down to -15°F. Heating elements across the chest and back, plus high- and low-heat settings, let workers adjust warmth as activity levels or conditions change.

The jacket features durable abrasion-resistant, water-resistant materials, multiple pockets and an adjustable hem to block cold drafts, along with one rechargeable lithium-ion battery pack that provides up to 8 hours of heat per charge.

ThermaSync™ Glove

Also insulated for -15°F temperatures, the ThermaSync™ Glove uses magnetic connectors to draw power from the ThermaSync™ Jacket, delivering extra warmth across the back of the hand and fingers. This unique connector amplifies cold protection to your hands because if your hands are cold, it is hard to focus on anything else.

A waterproof design and grip-enhancing synthetic leather palm support secure material handling. Touchscreen-capable thumb, index and middle fingers let workers use screens without exposing hands to cold temperatures.

Experience ThermaSync™ at Safety26

ASSP Safety26 attendees are invited to visit RefrigiWear Booth #4415 for demonstrations of the ThermaSync™ Jacket and ThermaSync™ Glove.

About RefrigiWear

Founded in 1954 by Myron Breakstone, RefrigiWear makes the toughest workwear for the toughest workers and for the coldest conditions. With a long history rooted in real-world experience, RefrigiWear understands the challenges of working in extreme cold, helping the company deliver high-quality insulated workwear that stands up to the coldest, dirtiest, harshest conditions imaginable. Learn more at RefrigiWear.com.

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SOURCE REFRIGIWEAR

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PSignite, the company behind the CPGvision platform, is recognized by The Silicon Review as one of the Most Reputable Companies of the Year 2026

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June 15, 2026

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NEW YORK, June 15, 2026 /PRNewswire/ — PSignite, a leading provider of innovative software solutions in the trade and revenue management space, today announced that it has received The Silicon Review’s Most Reputable Companies of the Year 2026 award. Click the link below for the interview with PSignite CEO, Jon Flaherty.

https://thesiliconreview.com/magazine/profile/why-tpm-and-rgm-success-depends-on-adoption-not-just-software 

About PSignite

PSignite is a leading provider of advanced software solutions for the consumer packaged goods industry. With a focus on utilizing artificial intelligence and machine learning to help companies optimize their trade promotion funds and grow revenue profitably, PSignite offers innovative platforms designed to streamline processes and deliver actionable insights. For more information, visit cpgvision.com.

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SOURCE PSignite

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GateKeeper to Showcase Proximity-Based Identity Access for Shared Workstations at Identiverse 2026

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48 minutes ago

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June 15, 2026

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GateKeeper will showcase its proximity-based passwordless MFA and identity access platform at Identiverse 2026 at Booth #113, highlighting how it helps mission-critical industries secure shared workstations without slowing down frontline workflows. The press release positions GateKeeper as a solution for improving identity assurance, user accountability, audit visibility, and frictionless access across manufacturing, healthcare, law enforcement, and other high-security environments.

LAS VEGAS, June 15, 2026 /PRNewswire-PRWeb/ — Untethered Labs, Inc., creator of GateKeeper Proximity, today announces that it will showcase GateKeeper Proximity and GateKeeper IDP at Identiverse 2026, taking place June 15–17 at Mandalay Bay in Las Vegas. Attendees can visit GateKeeper at Booth #113 for live demonstrations focused on passwordless workstation access, shared workstation accountability, and stronger identity assurance for mission-critical environments.

” At Identiverse, we are showing how GateKeeper extends passwordless MFA and identity assurance to the frontline environments where speed, accountability, and security all have to work together.” Siddharth Pothbare.

GateKeeper is addressing a persistent identity challenge for organizations where shared workstations, fast user switching, operational uptime, and auditability all matter. While many organizations have invested in cloud SSO, MFA, and identity governance, shared endpoint environments remain difficult to secure without adding friction to daily workflows.

Manufacturing floors, healthcare clinics, law enforcement facilities, and other high-throughput operations often require multiple users to access the same endpoint throughout the day. In these environments, long passwords, shared credentials, frequent password resets, and incomplete user traceability can create both security risk and productivity drag. GateKeeper helps organizations reduce reliance on passwords while tying workstation access events back to the individual user.

GateKeeper combines proximity-based authentication with centralized access management and identity provider capabilities. Users can authenticate with a GateKeeper token, supported NFC/RFID badge, or mobile credential, helping organizations enforce consistent MFA while maintaining a fast and familiar user experience. The result is stronger identity assurance from the workstation to applications, without forcing frontline teams into slower or more disruptive login processes.

“Identity programs have made major progress in the cloud, but shared workstations remain one of the hardest environments to secure without disrupting operations,” said Siddharth Pothbare, CEO at Untethered Labs. “At Identiverse, we are showing how GateKeeper extends passwordless MFA and identity assurance to the frontline environments where speed, accountability, and security all have to work together.”

At Booth #113, GateKeeper will demonstrate how organizations can:

Replace shared passwords with token, badge, or mobile-based passwordless authentication.Tie workstation access events to individual users, even in shared workstation environments.Enforce phone-free MFA consistently across mission-critical endpoints and applications.Improve workflow speed for operators, clinicians, officers, and frontline staff.Generate clean audit logs that support compliance, investigations, and access reviews.Extend identity assurance from workstation login to downstream application access through GateKeeper IDP capabilities.

GateKeeper’s approach has already helped mission-critical organizations reduce login friction while improving security and accountability. In one customer deployment, Major Tool & Machine reported significant time savings compared to conventional authentication methods.

“While conventional two-factor authentication methods could have cost the company over 240 hours of login time for 14,000 logins in one month, GateKeeper took only 20 hours of time to log in. GateKeeper made the computers secure, and cost 90% less in time as compared to any other authentication method.” — Tom Riddle, Network Administrator, Major Tool & Machine

About Untethered Labs, Inc.

Untethered Labs, Inc. is the creator of GateKeeper Proximity (https://gkaccess.com) a passwordless authentication and access management platform designed for environments where security, speed, and accountability are critical. GateKeeper helps organizations secure workstation access, enforce MFA, streamline user authentication, and maintain audit visibility across shared and dedicated endpoint environments.

Media Contact

GateKeeper Proximity, Untethered Labs, Inc., 1 2405475446, info@gkaccess.com, www.gkaccess.com 

Twitter, LinkedIn

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SOURCE Untethered Labs, Inc.

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