2022 Global Electric Vehicle Semiconductor Market Growth Opportunities Report with Infineon Technologies, NXP Semiconductors, Renesas Electronics, STMicroelectronics, and Texas Instruments


DUBLIN, April 29, 2022–(BUSINESS WIRE)–The “Global growth opportunities for semiconductors for electric vehicles” report has been added to from ResearchAndMarkets.com offer.

The global electric vehicle (EV) semiconductor market is estimated to grow at a compound annual growth rate (CAGR) of approximately 32.1% from 2021 to 2026.

Semiconductors help make electric vehicles efficient, interactive, and safe by supporting various in-vehicle interactivity features, vehicle firmware, and electric vehicle batteries and powertrains. The need for longer range and faster charging times in electric vehicles has led to the use of advanced semiconductor technologies, such as silicon carbide (SiC) and gallium nitride (GaN) .

With 2021 as the base year, the study provides market size estimates and growth prospects to 2026. Revenue forecasts, price trends, competition analysis, discussion on the impact of COVID-19 and company profiles of key manufacturers are included in the study, which follows a specific methodology including discussions with senior management of electric vehicle semiconductor manufacturers and automotive equipment manufacturers. origin, supported by secondary research.

Search scope

The scope of this study is limited to semiconductors used in battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) and excludes aftermarket and semiconductors used in EV power equipment.

The main objective of the study is to identify key growth opportunities, drivers and restraints in the Electric Vehicle Semiconductor market. The study includes in-depth market analyzes for the forecast period 2022 to 2026 by vehicle type (BEV and PHEV), component (analog, memory, discrete, logic and others), application (powertrain, chassis and security, infotainment and telematics, body and convenience, and advanced driver assistance systems [ADAS]) and geography.

Research Highlights

  • Strict emissions regulations, government support, the push towards ADAS and vehicle autonomy, the trend towards miniaturization, aggressive electric vehicle launches, and automakers’ fleet electrification goals would drive the need for efficient and robust semiconductors in electric vehicles.

  • Post-pandemic chip shortage crisis, increasing competitive intensity, insufficient electric vehicle support infrastructure, and geopolitical tensions are expected to restrain the market growth during the forecast period.

  • Strong industry collaborations, microelectromechanical systems (MEMS) technology, adoption of compound semiconductors such as SiC and GaN, and localization of chip manufacturing are future growth opportunities for semiconductor vendors in the world. market.

  • EMEA region led the market in terms of revenue in 2021 and is expected to grow at a CAGR of 26.7% between 2021 and 2026. However, Asia-Pacific is expected to be the fastest growing region with a CAGR of 37 .1%, regaining its market dominance in the forecast. period.

  • The electric vehicle semiconductor market generated $5,428.6 million in revenue in 2021, with a growth rate of 99.8% for the base year. BEVs are expected to remain the dominant vehicle type segment with a CAGR of 33.1% between 2021 and 2026. By component, the discrete segment would be the fastest growing segment with a projected CAGR of 32.7%. The powertrain segment would continue to lead the market by application, but ADAS is estimated to experience the highest growth with a CAGR of 38.9% between 2021 and 2026.

Main topics covered:

1. Strategic imperatives

  • Why is it increasingly difficult to grow taller?

  • The strategic imperative

  • The Impact of the Top Three Strategic Imperatives on the EV Semiconductor Industry

  • Growth opportunities fuel the growth pipeline engine

2. Analysis of growth opportunities

  • Scope of analysis

  • Market segmentation by region

  • Market segmentation by vehicle type

  • Market segmentation by component

  • Market segmentation by application

  • Key competitors

  • Main growth indicators

  • Distribution channel

  • Growth engines

  • Analysis of growth drivers

  • Growth constraints

  • Analysis of the brake on growth

  • Forecast assumptions

  • Revenue forecast

  • Revenue forecast analysis

  • Revenue forecasts by vehicle type

  • Analysis of revenue forecasts by vehicle type

  • Revenue forecasts by component

  • Analysis of revenue forecasts by component

  • Revenue forecast by application

  • Revenue Forecast Analysis by Application

  • Comparison between SiC and Si in EV powertrains

  • Revenue forecasts by region

  • Revenue forecast analysis by region

  • Price Trends and Forecast Analysis

  • Competitive environment

  • Revenue sharing

  • Revenue share analysis

  • Company Profile – Infineon Technologies

  • Company Profile – STMicroelectronics

  • Company Profile – NXP Semiconductors

  • Company Profile – Texas Instruments

  • Company Profile – Renesas Electronics

  • Top 5 Participants – SWOT Analysis

  • Top 5 Participants – Product and Application Highlights

  • Competition analysis

3. Analysis of growth opportunities – EMEA

  • Main growth indicators for the EMEA region

  • Revenue Forecast – EMEA

  • Revenue Forecast Analysis – EMEA

  • Revenue Forecast by Vehicle Type – EMEA

  • Revenue Forecast Analysis by Vehicle Type – EMEA

  • Revenue Forecast by Component – EMEA

  • Revenue Forecast by Application – EMEA

  • Competitive environment – EMEA

4. Growth Opportunity Analysis – APAC

  • Key Growth Indicators for APAC

  • Revenue Forecast – APAC

  • Revenue Forecast Analysis – APAC

  • Revenue Forecast by Vehicle Type – APAC

  • Revenue Forecast Analysis by Vehicle Type – APAC

  • Revenue Forecast by Component – APAC

  • Revenue Forecast by Application – APAC

  • Competitive environment – APAC

5. Growth Opportunities Analysis – Americas

  • Main growth indicators for the Americas

  • Revenue Forecast – Americas

  • Revenue Forecast Analysis – Americas

  • Revenue Forecast by Vehicle Type – Americas

  • Revenue Forecast Analysis by Vehicle Type – Americas

  • Revenue Forecast by Component – Americas

  • Revenue Forecast by Application – Americas

  • Competitive environment – Americas

6. Universe of growth opportunities

  • Growth Opportunity 1: Strong Industry Collaborations for Effective Demand Management Optimization

  • Growth Opportunity 2: MEMS Technology to Improve Safety Parameters in Electric Vehicles

  • Growth Opportunity 3: Adoption of Compound Semiconductors for Electric Vehicles with High Energy Density and Longer Range

  • Growth Opportunity 4: Localization of chip manufacturing for a risk-free supply chain

Companies cited

  • Infineon Technologies

  • NXP Semiconductors

  • Renesas electronics

  • STMicroelectronics

  • Texas Instruments

For more information on this report, visit https://www.researchandmarkets.com/r/kp463u

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220429005493/en/


Laura Wood, Senior Press Officer

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