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North America 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: 137

Formats: PDF

The North America Automotive Chip Market would witness market growth of 10.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America Automotive Chip Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $16,586 million by 2031. The Canada market is experiencing a CAGR of 12.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 11.7% during (2024 - 2031).

North America Automotive Chip Market

These chips, or semiconductors, are integrated circuits specifically designed for automotive applications. These chips serve many functions, and their applications can be categorized into several key areas. These chips are employed in adaptive control systems that adjust vehicle performance in real-time based on driving conditions. For instance, these chips automatically adjust suspension settings to enhance ride comfort and handling.

In addition, these chips facilitate vehicle-to-grid technology in electric vehicles (EVs), allowing EVs to feed excess energy back into the power grid. This application supports energy management and promotes the use of renewable energy sources. Advanced chips are integral to AR HUDs (head-up displays), projecting vital information directly onto the windshield. This technology enhances driver awareness by displaying navigation, speed, and safety alerts without diverting attention from the road.

The investment in road infrastructure in America is expected to spur the development of advanced vehicle technologies, particularly those that enhance safety and efficiency. As infrastructure improves, there will be a greater emphasis on connected vehicle technologies, such as Vehicle-to-Everything (V2X) communication systems. As the number of ZEVs in Canada rises, particularly BEVs, there is a pressing requirement for advanced chip solutions to manage a range of vehicle functionalities, including power distribution, energy efficiency, and safety systems. Automakers are increasingly integrating cutting-edge technologies into their electric vehicles, which drives the demand for specialized chips that enhance performance and ensure reliability. Hence, the increasing funding for highway and road infrastructure in the USA and the expansion of the EV industry in Canada are set to impact the growth of the automotive chip market substantially.

Free Valuable Insights: The Automotive Chip Market is Predict to reach 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 U.S., Mexico, Canada, and Rest of North America.

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

North America 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

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Automotive Chip Market, by Type
1.4.2 North America Automotive Chip Market, by Application
1.4.3 North America Automotive Chip Market, by Vehicle
1.4.4 North America 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. North America Automotive Chip Market by Type
5.1 North America Microcontrollers & Microprocessors Market by Country
5.2 North America Analog ICs Market by Country
5.3 North America Logic ICs Market by Country
5.4 North America Sensor Market by Country
5.5 North America Others Market by Country

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

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

Chapter 8. North America Automotive Chip Market by Country
8.1 US Automotive Chip Market
8.1.1 US Automotive Chip Market by Type
8.1.2 US Automotive Chip Market by Application
8.1.3 US Automotive Chip Market by Vehicle
8.2 Canada Automotive Chip Market
8.2.1 Canada Automotive Chip Market by Type
8.2.2 Canada Automotive Chip Market by Application
8.2.3 Canada Automotive Chip Market by Vehicle
8.3 Mexico Automotive Chip Market
8.3.1 Mexico Automotive Chip Market by Type
8.3.2 Mexico Automotive Chip Market by Application
8.3.3 Mexico Automotive Chip Market by Vehicle
8.4 Rest of North America Automotive Chip Market
8.4.1 Rest of North America Automotive Chip Market by Type
8.4.2 Rest of North America Automotive Chip Market by Application
8.4.3 Rest of North America 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 North America Automotive Chip Market, 2020 - 2023, USD Million
TABLE 2 North America 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 North America Automotive Chip Market by Type, 2020 - 2023, USD Million
TABLE 7 North America Automotive Chip Market by Type, 2024 - 2031, USD Million
TABLE 8 North America Microcontrollers & Microprocessors Market by Country, 2020 - 2023, USD Million
TABLE 9 North America Microcontrollers & Microprocessors Market by Country, 2024 - 2031, USD Million
TABLE 10 North America Analog ICs Market by Country, 2020 - 2023, USD Million
TABLE 11 North America Analog ICs Market by Country, 2024 - 2031, USD Million
TABLE 12 North America Logic ICs Market by Country, 2020 - 2023, USD Million
TABLE 13 North America Logic ICs Market by Country, 2024 - 2031, USD Million
TABLE 14 North America Sensor Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Sensor Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Automotive Chip Market by Application, 2020 - 2023, USD Million
TABLE 19 North America Automotive Chip Market by Application, 2024 - 2031, USD Million
TABLE 20 North America Telematics & Infotainment Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Telematics & Infotainment Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Safety Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Safety Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Powertrain Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Powertrain Market by Country, 2024 - 2031, USD Million
TABLE 26 North America Body Electronics by Country, 2020 - 2023, USD Million
TABLE 27 North America Body Electronics Market by Country, 2024 - 2031, USD Million
TABLE 28 North America Chassis Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Chassis Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Automotive Chip Market by Vehicle, 2020 - 2023, USD Million
TABLE 31 North America Automotive Chip Market by Vehicle, 2024 - 2031, USD Million
TABLE 32 North America Passenger Vehicles Market by Country, 2020 - 2023, USD Million
TABLE 33 North America Passenger Vehicles Market by Country, 2024 - 2031, USD Million
TABLE 34 North America Commercial Vehicles Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Commercial Vehicles Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Automotive Chip Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Automotive Chip Market by Country, 2024 - 2031, USD Million
TABLE 38 US Automotive Chip Market, 2020 - 2023, USD Million
TABLE 39 US Automotive Chip Market, 2024 - 2031, USD Million
TABLE 40 US Automotive Chip Market by Type, 2020 - 2023, USD Million
TABLE 41 US Automotive Chip Market by Type, 2024 - 2031, USD Million
TABLE 42 US Automotive Chip Market by Application, 2020 - 2023, USD Million
TABLE 43 US Automotive Chip Market by Application, 2024 - 2031, USD Million
TABLE 44 US Automotive Chip Market by Vehicle, 2020 - 2023, USD Million
TABLE 45 US Automotive Chip Market by Vehicle, 2024 - 2031, USD Million
TABLE 46 Canada Automotive Chip Market, 2020 - 2023, USD Million
TABLE 47 Canada Automotive Chip Market, 2024 - 2031, USD Million
TABLE 48 Canada Automotive Chip Market by Type, 2020 - 2023, USD Million
TABLE 49 Canada Automotive Chip Market by Type, 2024 - 2031, USD Million
TABLE 50 Canada Automotive Chip Market by Application, 2020 - 2023, USD Million
TABLE 51 Canada Automotive Chip Market by Application, 2024 - 2031, USD Million
TABLE 52 Canada Automotive Chip Market by Vehicle, 2020 - 2023, USD Million
TABLE 53 Canada Automotive Chip Market by Vehicle, 2024 - 2031, USD Million
TABLE 54 Mexico Automotive Chip Market, 2020 - 2023, USD Million
TABLE 55 Mexico Automotive Chip Market, 2024 - 2031, USD Million
TABLE 56 Mexico Automotive Chip Market by Type, 2020 - 2023, USD Million
TABLE 57 Mexico Automotive Chip Market by Type, 2024 - 2031, USD Million
TABLE 58 Mexico Automotive Chip Market by Application, 2020 - 2023, USD Million
TABLE 59 Mexico Automotive Chip Market by Application, 2024 - 2031, USD Million
TABLE 60 Mexico Automotive Chip Market by Vehicle, 2020 - 2023, USD Million
TABLE 61 Mexico Automotive Chip Market by Vehicle, 2024 - 2031, USD Million
TABLE 62 Rest of North America Automotive Chip Market, 2020 - 2023, USD Million
TABLE 63 Rest of North America Automotive Chip Market, 2024 - 2031, USD Million
TABLE 64 Rest of North America Automotive Chip Market by Type, 2020 - 2023, USD Million
TABLE 65 Rest of North America Automotive Chip Market by Type, 2024 - 2031, USD Million
TABLE 66 Rest of North America Automotive Chip Market by Application, 2020 - 2023, USD Million
TABLE 67 Rest of North America Automotive Chip Market by Application, 2024 - 2031, USD Million
TABLE 68 Rest of North America Automotive Chip Market by Vehicle, 2020 - 2023, USD Million
TABLE 69 Rest of North America Automotive Chip Market by Vehicle, 2024 - 2031, USD Million
TABLE 70 Key Information – NXP Semiconductors N.V.
TABLE 71 Key Information – Infineon Technologies AG
TABLE 72 Key Information – Texas Instruments, Inc.
TABLE 73 Key Information – STMicroelectronics N.V.
TABLE 74 Key Information – Renesas Electronics Corporation
TABLE 75 Key Information – ON Semiconductor Corporation
TABLE 76 Key Information – Qualcomm Incorporated
TABLE 77 Key Information – Intel Corporation
TABLE 78 Key Information – ROHM Co., Ltd.
TABLE 79 Key Information – Microchip Technology Incorporated

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Automotive Chip Market share by Type, 2023
FIG 10 North America Automotive Chip Market share by Type, 2031
FIG 11 North America Automotive Chip Market by Type, 2020 - 2031, USD Million
FIG 12 North America Automotive Chip Market share by Application, 2023
FIG 13 North America Automotive Chip Market share by Application, 2031
FIG 14 North America Automotive Chip Market by Application, 2020 - 2031, USD Million
FIG 15 North America Automotive Chip Market share by Vehicle, 2023
FIG 16 North America Automotive Chip Market share by Vehicle, 2031
FIG 17 North America Automotive Chip Market by Vehicle, 2020 - 2031, USD Million
FIG 18 North America Automotive Chip Market share by Country, 2023
FIG 19 North America Automotive Chip Market share by Country, 2031
FIG 20 North America 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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