Europe Automotive Semiconductor Market Segmented By Product, Top Manufacturers, Geography Trends & Forecasts To 2027

The surging demand for electric vehicles is anticipated to fuel the Europe automotive semiconductor market growth. The automobile manufacturers to continuously focus on innovating, designing and developing autonomous cars which have already attracted a fair percentage of customers in major automotive manufacturing countries. Pertaining to the consumers' demand and attraction toward smart and fully-autonomous cars, semiconductors are expected to become an integral part of the innovations in the automotive industry in the coming years. Attributing to these parameters, both the industry players i.e. automotive and semiconductor industry are constantly focusing on improving technologies, negotiating prices of raw materials and the finally integrating the cars with robust technologies.  For instance, in 2018, Intel has revealed first autonomous vehicle in its 100-car test fleet. Nissan, BMW, and Volkswagen are moving Mobileye-based mapping design. Also, the company stated about new collaboration with NavInfo and SAIC Motor to prolong crowdsourced map building to China. All these initiative by the market player are enhancing the growth of Europe automotive semiconductor market.

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Germany is anticipated to leads the automotive semiconductor market across the European region through the forecast period. Germany is the largest contributor in the automotive market share of the region. A growing automotive electronics and rapid inclination of automotive manufacturers for including electronics integrations due to the emergence of autonomous driving and advanced driver assist systems has resulted in the higher demands for the automotive semiconductor. Germany has over 40 semiconductor fabs that are run by various companies that include NXP, Infineon, the Fraunhofer Institute research organization, and Osram/Siemens. Also, U.S. based companies including Texas Instruments and Global foundries have fabs in the country. This bolster the Europe automotive semiconductor market on the forecast period. The figure given below highlights the revenue share of Russia in the Europe automotive semiconductor market in the forecast period:

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EUROPE AUTOMOTIVE SEMICONDUCTOR – MARKET SEGMENTATION

By Components

·         Optical Devices

·         Sensors & Actuators

·         LED

·         Image Sensor

·         Position Sensor

·         Temperature Sensor

·         Pressure Sensor

·         Others

·         Memory

·         DRAM

·         Flash

·         Microcontrollers

·         Analog ICs

·         Logic and Discrete Power Devices

By Application

·         Advanced Driver Assistance Systems

·         Body Electronics

·         Infotainment

·         Powertrain

·         Safety Systems

 By Application

·         Passenger Cars

·         Lightweight Commercial Vehicle

·         Heavyweight Commercial Vehicle

The List of Companies - EUROPE AUTOMOTIVE SEMICONDUCTOR

1.      NVidia Corporation

2.      Intel Corporation

3.      NXP Semiconductors N.V.

4.      Infineon Technologies AG

5.      Rohm Semiconductor

6.      Texas Instruments Inc.

7.      Renesas Electronics Corporation

8.      Robert Bosch Gmbh

9.      ON Semiconductor Corporation

10.STMicroelectronics N.V.

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