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Europe Automotive Chip Market Size, Share & Trends Analysis Report By Type, By Application, By Vehicle (Passenger Vehicles, and Commercial Vehicles), By Country and Growth Forecast, 2024 - 2031

Published Date : 16-Oct-2024

Pages: 146

Formats: PDF

The Europe Automotive Chip Market would witness market growth of 10.6% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Automotive Chip Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,844.8 million by 2031. The UK market is exhibiting a CAGR of 9.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 11.5% during (2024 - 2031).

Europe Automotive Chip Market

These chips enable sophisticated keyless entry systems that use encrypted signals to authenticate the driver’s presence. These systems can automatically unlock the vehicle as the driver approaches, enhancing convenience and security. TCUs, powered by these chips, manage communication between the vehicle and external networks. They support features such as real-time diagnostics, remote vehicle monitoring, and emergency assistance, contributing to improved customer service and safety.

Moreover, these chips allow for customizing in-car experiences by using biometrics and driver profiles. These systems can adjust seating positions, climate control, and infotainment settings based on individual drivers' preferences. Smart traffic management systems use chips to analyze real-time traffic data to optimize signal timings and reduce congestion. These systems can communicate with vehicles to provide route recommendations based on traffic conditions.

The rising automotive industry in Europe is fostering a culture of innovation and research and development (R&D). Automotive manufacturers collaborate with semiconductor companies and research institutions to develop cutting-edge technologies that enhance vehicle performance, safety, and connectivity. This collaborative approach is indispensable for confronting the growing complexity of contemporary vehicles, necessitating more sophisticated processors to facilitate connectivity, real-time data processing, and improved safety measures. As a result, this market will benefit from increased investments in R&D and innovation driven by the automotive sector. Hence, Europe's rising automotive industry is poised to significantly impact the automotive chip market's growth.

Free Valuable Insights: The Global Automotive Chip Market will Hit USD 87.1 Billion by 2031, at a CAGR of 11%

Based on Type, the market is segmented into Microcontrollers & Microprocessors, Analog ICs, Logic ICs, Sensor, and Others. Based on Application, the market is segmented into Telematics & Infotainment, Safety, Powertrain, Body Electronics, and Chassis. Based on Vehicle, the market is segmented into Passenger Vehicles, and Commercial Vehicles. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • NXP Semiconductors N.V.
  • Infineon Technologies AG
  • Texas Instruments, Inc.
  • STMicroelectronics N.V.
  • Renesas Electronics Corporation
  • ON Semiconductor Corporation
  • Qualcomm Incorporated (Qualcomm Technologies, Inc.)
  • Intel Corporation
  • ROHM Co., Ltd.
  • Microchip Technology Incorporated

Europe Automotive Chip Market Report Segmentation

By Type

  • Microcontrollers & Microprocessors
  • Analog ICs
  • Logic ICs
  • Sensor
  • Others

By Application

  • Telematics & Infotainment
  • Safety
  • Powertrain
  • Body Electronics
  • Chassis

By Vehicle

  • Passenger Vehicles
  • Commercial Vehicles

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Automotive Chip Market, by Type
1.4.2 Europe Automotive Chip Market, by Application
1.4.3 Europe Automotive Chip Market, by Vehicle
1.4.4 Europe Automotive Chip Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Feb – 2024, Aug) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. Europe Automotive Chip Market by Type
5.1 Europe Microcontrollers & Microprocessors Market by Country
5.2 Europe Analog ICs Market by Country
5.3 Europe Logic ICs Market by Country
5.4 Europe Sensor Market by Country
5.5 Europe Others Market by Country

Chapter 6. Europe Automotive Chip Market by Application
6.1 Europe Telematics & Infotainment Market by Country
6.2 Europe Safety Market by Country
6.3 Europe Powertrain Market by Country
6.4 Europe Body Electronics Market by Country
6.5 Europe Chassis Market by Country

Chapter 7. Europe Automotive Chip Market by Vehicle
7.1 Europe Passenger Vehicles Market by Country
7.2 Europe Commercial Vehicles Market by Country

Chapter 8. Europe Automotive Chip Market by Country
8.1 Germany Automotive Chip Market
8.1.1 Germany Automotive Chip Market by Type
8.1.2 Germany Automotive Chip Market by Application
8.1.3 Germany Automotive Chip Market by Vehicle
8.2 UK Automotive Chip Market
8.2.1 UK Automotive Chip Market by Type
8.2.2 UK Automotive Chip Market by Application
8.2.3 UK Automotive Chip Market by Vehicle
8.3 France Automotive Chip Market
8.3.1 France Automotive Chip Market by Type
8.3.2 France Automotive Chip Market by Application
8.3.3 France Automotive Chip Market by Vehicle
8.4 Russia Automotive Chip Market
8.4.1 Russia Automotive Chip Market by Type
8.4.2 Russia Automotive Chip Market by Application
8.4.3 Russia Automotive Chip Market by Vehicle
8.5 Spain Automotive Chip Market
8.5.1 Spain Automotive Chip Market by Type
8.5.2 Spain Automotive Chip Market by Application
8.5.3 Spain Automotive Chip Market by Vehicle
8.6 Italy Automotive Chip Market
8.6.1 Italy Automotive Chip Market by Type
8.6.2 Italy Automotive Chip Market by Application
8.6.3 Italy Automotive Chip Market by Vehicle
8.7 Rest of Europe Automotive Chip Market
8.7.1 Rest of Europe Automotive Chip Market by Type
8.7.2 Rest of Europe Automotive Chip Market by Application
8.7.3 Rest of Europe Automotive Chip Market by Vehicle

Chapter 9. Company Profiles
9.1 NXP Semiconductors N.V.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Infineon Technologies AG
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.6 SWOT Analysis
9.3 Texas Instruments, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 STMicroelectronics N.V.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Renesas Electronics Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 ON Semiconductor Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.6 SWOT Analysis
9.8 Intel Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 ROHM Co., Ltd.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.6 SWOT Analysis
9.10. Microchip Technology Incorporated
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 SWOT Analysis
TABLE 1 Europe Automotive Chip Market, 2020 - 2023, USD Million
TABLE 2 Europe Automotive Chip Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automotive Chip Market
TABLE 4 Product Launches And Product Expansions– Automotive Chip Market
TABLE 5 Acquisition and Mergers– Automotive Chip Market
TABLE 6 Europe Automotive Chip Market by Type, 2020 - 2023, USD Million
TABLE 7 Europe Automotive Chip Market by Type, 2024 - 2031, USD Million
TABLE 8 Europe Microcontrollers & Microprocessors Market by Country, 2020 - 2023, USD Million
TABLE 9 Europe Microcontrollers & Microprocessors Market by Country, 2024 - 2031, USD Million
TABLE 10 Europe Analog ICs Market by Country, 2020 - 2023, USD Million
TABLE 11 Europe Analog ICs Market by Country, 2024 - 2031, USD Million
TABLE 12 Europe Logic ICs Market by Country, 2020 - 2023, USD Million
TABLE 13 Europe Logic ICs Market by Country, 2024 - 2031, USD Million
TABLE 14 Europe Sensor Market by Country, 2020 - 2023, USD Million
TABLE 15 Europe Sensor Market by Country, 2024 - 2031, USD Million
TABLE 16 Europe Others Market by Country, 2020 - 2023, USD Million
TABLE 17 Europe Others Market by Country, 2024 - 2031, USD Million
TABLE 18 Europe Automotive Chip Market by Application, 2020 - 2023, USD Million
TABLE 19 Europe Automotive Chip Market by Application, 2024 - 2031, USD Million
TABLE 20 Europe Telematics & Infotainment Market by Country, 2020 - 2023, USD Million
TABLE 21 Europe Telematics & Infotainment Market by Country, 2024 - 2031, USD Million
TABLE 22 Europe Safety Market by Country, 2020 - 2023, USD Million
TABLE 23 Europe Safety Market by Country, 2024 - 2031, USD Million
TABLE 24 Europe Powertrain Market by Country, 2020 - 2023, USD Million
TABLE 25 Europe Powertrain Market by Country, 2024 - 2031, USD Million
TABLE 26 Europe Body Electronics Market by Country, 2020 - 2023, USD Million
TABLE 27 Europe Body Electronics Market by Country, 2024 - 2031, USD Million
TABLE 28 Europe Chassis Market by Country, 2020 - 2023, USD Million
TABLE 29 Europe Chassis Market by Country, 2024 - 2031, USD Million
TABLE 30 Europe Automotive Chip Market by Vehicle, 2020 - 2023, USD Million
TABLE 31 Europe Automotive Chip Market by Vehicle, 2024 - 2031, USD Million
TABLE 32 Europe Passenger Vehicles Market by Country, 2020 - 2023, USD Million
TABLE 33 Europe Passenger Vehicles Market by Country, 2024 - 2031, USD Million
TABLE 34 Europe Commercial Vehicles Market by Country, 2020 - 2023, USD Million
TABLE 35 Europe Commercial Vehicles Market by Country, 2024 - 2031, USD Million
TABLE 36 Europe Automotive Chip Market by Country, 2020 - 2023, USD Million
TABLE 37 Europe Automotive Chip Market by Country, 2024 - 2031, USD Million
TABLE 38 Germany Automotive Chip Market, 2020 - 2023, USD Million
TABLE 39 Germany Automotive Chip Market, 2024 - 2031, USD Million
TABLE 40 Germany Automotive Chip Market by Type, 2020 - 2023, USD Million
TABLE 41 Germany Automotive Chip Market by Type, 2024 - 2031, USD Million
TABLE 42 Germany Automotive Chip Market by Application, 2020 - 2023, USD Million
TABLE 43 Germany Automotive Chip Market by Application, 2024 - 2031, USD Million
TABLE 44 Germany Automotive Chip Market by Vehicle, 2020 - 2023, USD Million
TABLE 45 Germany Automotive Chip Market by Vehicle, 2024 - 2031, USD Million
TABLE 46 UK Automotive Chip Market, 2020 - 2023, USD Million
TABLE 47 UK Automotive Chip Market, 2024 - 2031, USD Million
TABLE 48 UK Automotive Chip Market by Type, 2020 - 2023, USD Million
TABLE 49 UK Automotive Chip Market by Type, 2024 - 2031, USD Million
TABLE 50 UK Automotive Chip Market by Application, 2020 - 2023, USD Million
TABLE 51 UK Automotive Chip Market by Application, 2024 - 2031, USD Million
TABLE 52 UK Automotive Chip Market by Vehicle, 2020 - 2023, USD Million
TABLE 53 UK Automotive Chip Market by Vehicle, 2024 - 2031, USD Million
TABLE 54 France Automotive Chip Market, 2020 - 2023, USD Million
TABLE 55 France Automotive Chip Market, 2024 - 2031, USD Million
TABLE 56 France Automotive Chip Market by Type, 2020 - 2023, USD Million
TABLE 57 France Automotive Chip Market by Type, 2024 - 2031, USD Million
TABLE 58 France Automotive Chip Market by Application, 2020 - 2023, USD Million
TABLE 59 France Automotive Chip Market by Application, 2024 - 2031, USD Million
TABLE 60 France Automotive Chip Market by Vehicle, 2020 - 2023, USD Million
TABLE 61 France Automotive Chip Market by Vehicle, 2024 - 2031, USD Million
TABLE 62 Russia Automotive Chip Market, 2020 - 2023, USD Million
TABLE 63 Russia Automotive Chip Market, 2024 - 2031, USD Million
TABLE 64 Russia Automotive Chip Market by Type, 2020 - 2023, USD Million
TABLE 65 Russia Automotive Chip Market by Type, 2024 - 2031, USD Million
TABLE 66 Russia Automotive Chip Market by Application, 2020 - 2023, USD Million
TABLE 67 Russia Automotive Chip Market by Application, 2024 - 2031, USD Million
TABLE 68 Russia Automotive Chip Market by Vehicle, 2020 - 2023, USD Million
TABLE 69 Russia Automotive Chip Market by Vehicle, 2024 - 2031, USD Million
TABLE 70 Spain Automotive Chip Market, 2020 - 2023, USD Million
TABLE 71 Spain Automotive Chip Market, 2024 - 2031, USD Million
TABLE 72 Spain Automotive Chip Market by Type, 2020 - 2023, USD Million
TABLE 73 Spain Automotive Chip Market by Type, 2024 - 2031, USD Million
TABLE 74 Spain Automotive Chip Market by Application, 2020 - 2023, USD Million
TABLE 75 Spain Automotive Chip Market by Application, 2024 - 2031, USD Million
TABLE 76 Spain Automotive Chip Market by Vehicle, 2020 - 2023, USD Million
TABLE 77 Spain Automotive Chip Market by Vehicle, 2024 - 2031, USD Million
TABLE 78 Italy Automotive Chip Market, 2020 - 2023, USD Million
TABLE 79 Italy Automotive Chip Market, 2024 - 2031, USD Million
TABLE 80 Italy Automotive Chip Market by Type, 2020 - 2023, USD Million
TABLE 81 Italy Automotive Chip Market by Type, 2024 - 2031, USD Million
TABLE 82 Italy Automotive Chip Market by Application, 2020 - 2023, USD Million
TABLE 83 Italy Automotive Chip Market by Application, 2024 - 2031, USD Million
TABLE 84 Italy Automotive Chip Market by Vehicle, 2020 - 2023, USD Million
TABLE 85 Italy Automotive Chip Market by Vehicle, 2024 - 2031, USD Million
TABLE 86 Rest of Europe Automotive Chip Market, 2020 - 2023, USD Million
TABLE 87 Rest of Europe Automotive Chip Market, 2024 - 2031, USD Million
TABLE 88 Rest of Europe Automotive Chip Market by Type, 2020 - 2023, USD Million
TABLE 89 Rest of Europe Automotive Chip Market by Type, 2024 - 2031, USD Million
TABLE 90 Rest of Europe Automotive Chip Market by Application, 2020 - 2023, USD Million
TABLE 91 Rest of Europe Automotive Chip Market by Application, 2024 - 2031, USD Million
TABLE 92 Rest of Europe Automotive Chip Market by Vehicle, 2020 - 2023, USD Million
TABLE 93 Rest of Europe Automotive Chip Market by Vehicle, 2024 - 2031, USD Million
TABLE 94 Key Information – NXP Semiconductors N.V.
TABLE 95 Key Information – Infineon Technologies AG
TABLE 96 Key Information – Texas Instruments, Inc.
TABLE 97 Key Information – STMicroelectronics N.V.
TABLE 98 Key Information – Renesas Electronics Corporation
TABLE 99 Key Information – ON Semiconductor Corporation
TABLE 100 Key Information – Qualcomm Incorporated
TABLE 101 Key Information – Intel Corporation
TABLE 102 Key Information – ROHM Co., Ltd.
TABLE 103 Key Information – Microchip Technology Incorporated

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Automotive Chip Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Automotive Chip Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Feb – 2024, Aug) Leading Players
FIG 8 Porter’s Five Forces Analysis – Automotive Chip Market
FIG 9 Europe Automotive Chip Market share by Type, 2023
FIG 10 Europe Automotive Chip Market share by Type, 2031
FIG 11 Europe Automotive Chip Market by Type, 2020 - 2031, USD Million
FIG 12 Europe Automotive Chip Market share by Application, 2023
FIG 13 Europe Automotive Chip Market share by Application, 2031
FIG 14 Europe Automotive Chip Market by Application, 2020 - 2031, USD Million
FIG 15 Europe Automotive Chip Market share by Vehicle, 2023
FIG 16 Europe Automotive Chip Market share by Vehicle, 2031
FIG 17 Europe Automotive Chip Market by Vehicle, 2020 - 2031, USD Million
FIG 18 Europe Automotive Chip Market share by Country, 2023
FIG 19 Europe Automotive Chip Market share by Country, 2031
FIG 20 Europe Automotive Chip Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: NXP Semiconductors N.V.
FIG 22 SWOT Analysis: NXP Semiconductors N.V.
FIG 23 SWOT Analysis: Infineon Technologies AG
FIG 24 Recent strategies and developments: Texas Instruments, Inc.
FIG 25 SWOT Analysis: Texas Instruments, Inc.
FIG 26 Recent strategies and developments: STMicroelectronics N.V.
FIG 27 SWOT Analysis: STMicroelectronics N.V.
FIG 28 Recent strategies and developments: Renesas Electronics Corporation
FIG 29 SWOT Analysis: Renesas Electronics Corporation
FIG 30 Recent strategies and developments: ON Semiconductor Corporation
FIG 31 SWOT Analysis: ON Semiconductor Corporation
FIG 32 SWOT Analysis: QUALCOMM Incorporated
FIG 33 Recent strategies and developments: Intel Corporation
FIG 34 SWOT Analysis: Intel corporation
FIG 35 Swot analysis: ROHM Co., Ltd.
FIG 36 SWOT Analysis: Microchip Technology Incorporated

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