Automotive-grade IC refers to integrated circuits (Integrated Circuits, ICs) that comply with the specifications and standards of the automotive industry. These ICs are specifically designed for use in automotive electronic systems and therefore need to meet stringent safety, reliability, and environmental suitability requirements. The automotive industry's needs for integrated circuits are very different from general consumer electronics. Automotive electronic systems need to be able to operate reliably under environmental conditions such as extreme temperatures, humidity, and vibration, and to have higher safety and stability. Therefore, automotive-grade ICs need to consider these factors during the design and production process and are usually subject to more stringent testing and certification.

The global Automobile Grade IC market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

ReportPrime's newest research report, the Automobile Grade IC Industry Forecast, looks at past sales and reviews total world Automobile Grade IC sales in 2022, providing a comprehensive analysis by region and market sector of projected Automobile Grade IC sales for 2023 through 2029. With Automobile Grade IC sales broken down by region, market sector, and sub-sector, this report provides a detailed analysis in US$ millions of the world Automobile Grade IC industry.

This Insight Report provides a comprehensive analysis of the global Automobile Grade IC landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Automobile Grade IC portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automobile Grade IC market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automobile Grade IC and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automobile Grade IC.

Market Overview:

• United States market for Automobile Grade IC is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
• China market for Automobile Grade IC is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
• Europe market for Automobile Grade IC is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Key Players:

• Infineon Technologies
• STMicroelectronics
• NXP
• Renesas Electronics
• Texas Instruments

This report presents a comprehensive overview, market shares, and growth opportunities of Automobile Grade IC market by product type, application, key players, and key regions and countries.

Segmentation by Type:

• Main control IC
• Power IC
• Storage IC
• Communication IC
• Sensing IC

Segmentation by Application:

• Commercial Vehicles
• Passenger Car

Market by Region:

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries