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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.

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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.

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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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Technology

Composers for Wicked: For Good, Palm Royale, Pluribus, Stranger Things, The Age of Disclosure, Hurricane Katrina: Race Against Time, and Video Game Star Wars Outlaws: A Pirate’s Fortune Receive 2026 ASCAP Composers’ Choice Awards

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April 29, 2026

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ASCAP Honors David Vanacore with Golden Note Award

LOS ANGELES, April 29, 2026 /PRNewswire/ — This evening, at its exclusive ASCAP Screen Celebrates event in Los Angeles, ASCAP (The American Society of Composers, Authors and Publishers) announced the 2026 ASCAP Composers’ Choice Awards honorees along with the ASCAP Screen Music Awards winners behind today’s most compelling film, television and video game music.

The ASCAP Screen Music Awards celebrate composers whose work elevates the art of visual storytelling across film, television and interactive media. Included in these are the ASCAP Composers’ Choice Awards, which are chosen by the ASCAP composer and songwriter community, an exclusive honor among US performing rights organizations. The 2026 winners, selected from a competitive field of nominees, created music for a critically acclaimed television comedy-drama series, a major cinematic musical adaptation, a landmark historical documentary series, and a standout fantasy-adventure video game, among others:

2026 ASCAP Composers’ Choice Award Winners

Film Score of the Year: Wicked: For Good – John Powell & Stephen SchwartzTelevision Score of the Year: Palm Royale – Jeff ToyneTelevision Theme of the Year: Pluribus – Dave Porter; Stranger Things – Kyle Dixon & Michael Stein (tie)Documentary Film Score of the Year: The Age of Disclosure – Blair Mowat Documentary Series Score of the Year: Hurricane Katrina: Race Against Time – Amanda Jones Video Game Score of the Year: Star Wars Outlaws: A Pirate’s Fortune – Wilbert Roget II, Jon Everist and Cody Matthew Johnson

In other categories, while Michael Giacchino received Top Domestic Box Office Film of the Year for Zootopia 2. Jake Staley earned Top Network Television Series for his work on the drama High Potential, and John Sereda received Top Cable Television Series for the historical drama When Calls the Heart. David Vanacore was the top winner in the Most Performed Themes & Underscore category.

This marked Vanacore’s 22nd consecutive win in the Most Performed Themes and Underscore category, and his 11th consecutive time as the top winner. During the celebration, Vanacore was also presented with ASCAP’s prestigious Golden Note Award in recognition of his extraordinary career achievements and impact on television music. A pioneering force in unscripted scoring, Vanacore has composed the music for CBS’s Survivor since its debut in 2000, with 2026 marking the series’ landmark 50th season.

ASCAP’s Golden Note Award is presented to artists who have achieved extraordinary career milestones. Previous recipients include Lionel Richie, Jeff Lynne, Quincy Jones, Jermaine Dupri, Reba McEntire, Alicia Keys and composers Alf Clausen and Mark Snow.

The complete list of winners is available on the ASCAP website: www.ascap.com/screenawards26

About ASCAP
The American Society of Composers, Authors and Publishers (ASCAP) is a membership association of more than 1.1 million songwriters, composers and music publishers, and represents some of the world’s most talented music creators. Founded and governed by songwriters, composers and publishers, it returns nearly 90 cents of every dollar collected to its members as royalties and has the lowest overhead rate of any U.S. PRO. ASCAP licenses a repertory of over 20 million musical works to hundreds of thousands of businesses that use music, including streaming services, cable television, radio and satellite radio and brick and mortar businesses such as retail stores, hotels, clubs, restaurants and bars. ASCAP collects the licensing fees and identifies, matches, processes and pays royalties to its members for trillions of performances every year. The ASCAP blanket license offers an efficient solution for businesses to legally perform ASCAP music while respecting the right of songwriters and composers to be paid fairly. ASCAP puts music creators first, advocating for their rights and the value of music on Capitol Hill, driving innovation that moves the industry forward, building community and providing the resources and support that creators need to succeed in their careers. Learn more and stay in touch at www.ascap.com, on X and Instagram @ASCAP and on Facebook.

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SOURCE ASCAP – American Society of Composers, Authors and Publishers

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28.13%, 26.4%! LONGi Sets New World Records for Crystalline Silicon Solar Cell and Module Efficiency

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April 29, 2026

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XI’AN, China, April 29, 2026 /PRNewswire/ — Recently, LONGi announced two major technological breakthroughs. First, its independently developed Hybrid Interdigitated-Back-Contact (HIBC) solar cell has been certified by the Institute for Solar Energy Research Hamelin (ISFH) in Germany, achieving a photoelectric conversion efficiency of 28.13%. This marks yet another step forward toward the theoretical efficiency limit of crystalline silicon solar cells, following LONGi’s previous efficiency record of 28.04% set in January 2026. Second, modules fabricated based on HIBC solar cells have been certified by the U.S. National Laboratory of the Rockies(NLR), with efficiency breaking through to 26.4% — setting a new record after LONGi had earlier pushed the crystalline silicon module efficiency to 26%.

As the ultimate solution for single-junction crystalline silicon cell technology, the HIBC cell developed by LONGi’s Central R&D Institute represents a culmination of the strengths of various cell technologies. The R&D team has innovatively introduced core technologies such as in-situ Patterned Edge Passivation (iPET) and Laser-Induced Crystallization modification (LIC). Through systematic optimization of structural design, material selection, and fabrication processes, the team has achieved multiple breakthroughs in optical performance, interface passivation quality, and charge transport efficiency, paving a mature pathway for the commercial deployment of ultra-high-efficiency crystalline silicon cells.

These hardcore breakthroughs in technological strength have already translated into a leading edge in mass production. In April 2026, the authoritative global PV media outlet TaiyangNews released its ranking of commercialized mass-produced module efficiencies, and LONGi’s  EcoLife series modules, powered by HIBC technology, secured the top spot with a mass-production efficiency of 25%. This achievement marks the official completion of a complete closed loop spanning from laboratory R&D to large-scale commercial application for HIBC cells, delivering yet another premium clean energy solution to global customers — one that offers “high efficiency, high energy yield, aesthetic versatility, and certified safety and reliability”.

Having been deeply engaged in the clean energy field for many years, LONGi has established a comprehensive “Green Power + Green Hydrogen + Energy Storage” full-chain clean energy solution, consistently driving technological iteration through independent innovation to deliver high-quality products across all application scenarios to global customers. Moving forward, LONGi will continue to focus on technological innovation, accelerating the translation of laboratory efficiency breakthroughs into large-scale manufacturing, and serving the global energy transition with more competitive clean energy products to help build a zero-carbon and sustainable green energy ecosystem.

SOURCE LONGi

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DentScribe Is Not Just an AI Scribe; It Supports the Entire Dental Day

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April 29, 2026

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From the morning huddle to chairside review, notes, perio charting, treatment coordination, after-care, and follow-up, DentScribe helps busy dentists and DSOs see the full power of dental AI.

SUNNYVALE, Calif., April 29, 2026 /PRNewswire/ — A dentist’s day is not one task. It is a chain reaction.

DentScribe transforms the dental day – from morning huddle to follow-up – into connected, actionable intelligence.

It starts before the first patient sits down. The team has only a few minutes for the morning huddle. Who is coming in today? What did we miss last time? Which patients have unscheduled treatment? Which issues need attention before they become bigger problems?

Then the dentist walks into the operatory and needs instant context. What is in the chart? What did the patient defer? What did the provider recommend at the last visit? What should not be missed today?

Then comes the appointment itself: diagnosis, treatment, patient education, clinical judgment, documentation, perio charting, billing support, and follow-up planning.

And when the patient leaves the chair, the work is still not done. The treatment coordinator must explain the plan, discuss cost, review financing or insurance, handle hesitation, schedule the next visit, and make sure the patient understands what happens next.

This is why DentScribe is built to be more than an AI scribe.

DentScribe today reinforced the full range of its AI platform for dental practices and DSOs – a connected suite of capabilities designed to support the busy dentist and team across the dental day, from preparation to patient care to follow-up.

“Dentists do not experience their day as isolated tasks,” said Dr. Vinni K. Singh, Founder & CEO of DentScribe. “The morning huddle affects the chairside conversation. The chairside conversation affects the SOAP note. The SOAP note is the ground truth for production opportunities, treatment coordination, after-care, and doctor communications. DentScribe brings those pieces together so AI can support the real workflow of the dental office.”

The DentScribe ‘aha’ is simple: the note is only the beginning.

A SOAP note contains the dentist’s true clinical assessment. DentScribe turns that ground truth into action across the practice.

Before the day begins, DentScribe GPS helps the team prepare with a smarter morning huddle.Before and during the appointment, DentScribe CoPilot helps surface chairside reminders and unresolved opportunities.During and after care, DentScribe helps generate comprehensive SOAP notes and supports AI voice perio charting.After the appointment, DentScribe Treatment Coordinator Notes help document the financial and scheduling conversation.Before the patient forgets, DentScribe After-Care Summaries help explain what happened, what matters, and what comes next.When another provider needs context, DentScribe supports referral letters, specialist reports, and doctor communications.Across the office, DentScribe supports PMS-connected workflows, CDT-aware documentation, and practice-specific templates.

For busy dentists, that means less time buried in notes and fewer missed details.

For front-desk and treatment teams, it means clearer handoffs, better follow-up, and a more consistent way to document patient concerns.

For patients, it means a smoother experience, clearer next steps, and a better understanding of the care being recommended.

For DSOs and practice owners, it means DentScribe is not merely a documentation tool. It is an AI operating layer that can help reveal missed opportunities, reduce leakage, improve communication, and give leaders better visibility into the daily workflow of the practice.

“DentScribe’s ground-truth approach is powerful because it starts with what the dentist actually said, observed, and recommended,” said Dr. Ratinder Paul Singh Ahuja, Board Chair of DentScribe. “When that information becomes structured and actionable across the practice, AI becomes far more than a scribe – it becomes a system for better care delivery and production.”

DentScribe’s platform was designed for the reality of modern dentistry: fragmented systems, tight schedules, incomplete handoffs, late-night charting, missed follow-ups, and lost production. By bringing together documentation, CoPilot intelligence, GPS morning huddle insights, perio charting, treatment coordination, after-care, doctor communications, and PMS integration, DentScribe gives dental teams a clearer way to manage the full patient workflow.

The result is the “aha” moment many dentists and DSOs are looking for: An AI agent that optimizes their entire patient care workflow.

Ready to see the full DentScribe platform? Book a live demo: https://www.dentscribe.ai/book-a-demo

About DentScribe
DentScribe  is the agentic AI platform for dental documentation and production. DentScribe automatically generates comprehensive SOAP notes from dentist-patient conversations and publishes them directly into leading practice management systems. With DentScribe CoPilot, those notes become chairside checklists that close care gaps and increase case acceptance. With DentScribe GPS, leaders gain a practice-wide daily brief that turns morning huddles into a reliable engine for production and patient outcomes. Founded by practicing dentist Dr. Vinni K. Singh in Sunnyvale, California, DentScribe helps dentists reclaim time, deliver better care, and grow their practices – without changing how they work. Learn more or book a demo at dentscribe.ai.

Media Contact
DentScribe Media Relations
hello@dentscribe.ai
+1-650-446-6161
710 Lakeway Dr. #200, Sunnyvale, CA 94085

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