MarkNtel Advisors Releases Comprehensive Study on the Automotive Chipset Market, Forecasting Strong Growth from 2024 to 2030

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “Automotive Chipset Market Analysis, 2024–2030.”
This report provides a detailed assessment of the Automotive Chipset Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

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Automotive Chipset Market Timeline Overview

-Historical Years: 2019-22

-Base Years: 2023

-Forecast year - 2024-2030

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

Automotive Chipset Market Outlook

According to the report, The Global Automotive Chipset Market size is estimated to grow at a CAGR of around 12.5% during the forecast period, i.e., 2024-30. The market has experienced substantial growth, primarily propelled by the increasing demand for connected cars and electric vehicles (EVs) in the automotive sector.  

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

Automotive Chipset Market Drivers:

Rapid Expansion of Automotive Chips in Response to Vehicle Electrification & Intelligence – The rapid expansion of automotive chips is closely related to the increasing use of electric vehicles. As automobiles advance into the smart era, automotive chips are becoming fundamental to this transition. They serve as the backbone of the technological revolution in vehicles, particularly within smart terminals, which act as central control centers for these innovations. Various chips, including primary control, power, memory, communication, and interface chips, are experiencing swift development to meet the growing demands of electric vehicles.

Automotive Chipset Market Trends:

Heightened Focus on Security & Global Standards in the Automotive Chipset Market – In line with the surge in advanced integrated vehicles, the automotive industry is witnessing a significant shift towards prioritizing security and global standards in the Chipset Market. This increasing connectivity of automobiles and the growing recognition of vulnerabilities in hardware & software systems to cyber threats pose the demand for a crucial focus on the formulation & implementation of standardized rules and regulations in automotive chipsets.

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Automotive Chipset Market Segmentation

The study categorizes the Automotive Chipset Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Chip Type

  • Analog ICs- Market Size & Forecast 2019-2030F, USD Million
  • Logic ICs- Market Size & Forecast 2019-2030F, USD Million
  • Microcontrollers & Microprocessors- Market Size & Forecast 2019-2030F, USD Million
  • Others (Memory ICs, Interface ICs, etc.)- Market Size & Forecast 2019-2030F, USD Million

By Vehicle Type

  • Passenger Vehicles- Market Size & Forecast 2019-2030F, USD Million
  • Commercial Vehicles- Market Size & Forecast 2019-2030F, USD Million
  • Light Commercial Vehicles- Market Size & Forecast 2019-2030F, USD Million
  • Medium & Heavy Commercial Vehicles- Market Size & Forecast 2019-2030F, USD Million

By Propulsion

  • ICE- Market Size & Forecast 2019-2030F, USD Million
  • Electric or Hybrid Vehicles- Market Size & Forecast 2019-2030F, USD Million

By Application

  • Safety System- Market Size & Forecast 2019-2030F, USD Million
  • Body Electronics- Market Size & Forecast 2019-2030F, USD Million
  • Chassis- Market Size & Forecast 2019-2030F, USD Million
  • Telematics & Infotainment- Market Size & Forecast 2019-2030F, USD Million
  • Powertrain- Market Size & Forecast 2019-2030F, USD Million
  • Others (Advance Driver Assistance System (ADAS), Autonomous Driving, etc.) - Market Size & Forecast 2019-2030F, USD Million

Geographical Analysis

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

The report presents detailed insights into the Automotive Chipset Market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

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Leading Companies in Automotive Chipset Market Worldwide: Players, Analysis & Future Outlook

NXP Semiconductors, Analog Devices, Inc., Renesas Electronics Corporation, Toshiba Corporation, Robert Bosch GmbH, ROHM Co., Ltd., Infineon Technologies AG, Texas Instruments Incorporated, STMicroelectronics, Samsung Electronics, NVIDIA Corporation, Intel Corporation, Qualcomm Technologies, Inc., Microchip Technology, Inc., SK Hynix Inc., and among others are the major companies operating in the Global Automotive Chipset Market.

Key Highlights of the Report

  • Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
  • Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.
  • Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
  • Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT AnalysisPESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/automotive-chipset-market.html

Frequently Asked Questions (FAQ)

  1. What is the projected growth rate of the Automotive Chipset Market?
    2. What are the major factors driving this market’s growth?
    3. Which regions are expected to lead the Automotive Chipset Market?
    4. Who are the prominent players in the Automotive Chipset Market?
    5. How is the competition structured in this market?
    6. How can I access the full report?

About us:

MarkNtel Advisors is a leading research and consulting organization offering data-driven insights across the environmental sector, including environmental services, waste management, and water treatment solutions. Our studies evaluate technological advancements, regulatory frameworks, and infrastructure innovations shaping the sustainability agenda. Through Competitive Intelligence, we support clients in benchmarking performance, identifying eco-efficient opportunities, and achieving operational excellence aligned with global environmental standards and climate objectives.         

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Contact No: +91 8719999009

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