USD 400 million
Automotive Power MOSFET Drivers Market Size, Share, Growth Analysis, By Type(High-Side Drivers, and Low-Side Drivers), By End-User(Powertrain, and Safety), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45N2038 |
Region:
Global |
Published Date: March, 2024
Pages:
197
|Tables:
61
|Figures:
75
Automotive Power MOSFET Drivers Market Insights
Global Automotive Power MOSFET Drivers Market size was valued at USD 400 million in 2022 and is poised to grow from USD 430 million in 2023 to USD 766.90 million by 2031, growing at a CAGR of 7.5% during the forecast period (2024-2031).
The global market is driven by the growing demand for high-performance and energy-efficient automotive systems, such as electric and hybrid vehicles, which require reliable and precise control of power electronics components. The market is anticipated to expand significantly in the upcoming years due to the rising popularity of driverless vehicles and advanced driver assistance systems (ADAS), both of which rely heavily on power electronics to function. Additionally, it is anticipated that the development of new technologies, such as wide-bandgap (WBG) semiconductors, would increase the demand for automotive power MOSFET drivers. Our analytical report states that the market in North America is being pushed by the rising popularity of electric vehicles and the rising need for cutting-edge safety features in automobiles. According to the report, the market in the APAC region is being driven by rising car production and sales in nations like China, Japan, and India as well as rising interest in electric and hybrid vehicles.
US Automotive Power MOSFET Drivers Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
High-Side Drivers
Fastest Growth
High-Side Drivers
Growth Rate
7.5% CAGR
Global Automotive Power MOSFET Drivers Market 2021-2030 ($ Bn)
Country Share for North America Region- 2021 (%)
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Automotive Power MOSFET Drivers Market Segmental Analysis
The Global Automotive Power MOSFET Drivers market is segmented by type, end-user, and region. Based on type, the market can be segmented into high-side drivers, and low-side drivers. Based on end-user, the market is segmented into powertrain, and safety. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Automotive Power MOSFET Drivers Market Analysis by Type
By type the market can be segmented into high-side drivers and low-side drivers. High-Side Drivers dominated the Automotive Power MOSFET Drivers market due to their ability to switch high voltages, making them ideal for use in various applications such as automotive lighting, power windows, and engine management systems. High-Side Drivers are used in the automotive industry to control the voltage of various components in the vehicle, such as power steering, braking, and suspension systems. They are widely used in electric and hybrid vehicles, where they play a critical role in the efficient operation of the vehicle's electrical system.
Low-Side Drivers are expected to be the fastest-growing segment of the Automotive Power MOSFET Drivers market due to their high efficiency and lower cost compared to high-side drivers. They are commonly used in various automotive applications, including interior lighting, HVAC systems, and infotainment systems. The increasing demand for electric and hybrid vehicles is driving the growth of Low-Side Drivers, as they are critical components of the vehicle's power electronics system. Moreover, the growing trend of electrification and automation in the automotive industry is further fueling the demand for Low-Side Drivers.
Automotive Power MOSFET Drivers Market Analysis by End-User
By end-user, the market can be segmented into powertrain and safety. Powertrain is the dominating segment in the Automotive Power MOSFET Drivers market due to its critical role in the efficient operation of the vehicle's engine and transmission system. Powertrain systems are essential for the overall performance of the vehicle, and the demand for more fuel-efficient and eco-friendly vehicles is driving the growth of the Powertrain segment. Power MOSFET Drivers are used in various applications in the Powertrain system, such as engine control, fuel injection, and transmission control, making it the largest end-user segment in the Automotive Power MOSFET Drivers market.
Safety is the fastest-growing segment in the Automotive Power MOSFET Drivers market due to the increasing demand for advanced safety features in vehicles, such as collision avoidance systems, lane departure warning systems, and adaptive cruise control. Power MOSFET Drivers are used in various safety applications in the vehicle, such as airbag control and electronic stability control, making them a critical component of the vehicle's safety system. Moreover, the increasing adoption of electric and hybrid vehicles, which require advanced safety systems, is further fueling the growth of the Safety segment.
Global Automotive Power MOSFET Drivers Market Size By Type, 2021 (%)
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Automotive Power MOSFET Drivers Market Regional Insights
North America dominated the Automotive Power MOSFET Drivers market. The region is home to several leading players in the market and is witnessing increasing demand for energy-efficient and high-performance automotive systems, particularly in electric and hybrid vehicles.
In contrast, the Asia-Pacific (APAC) region is the fastest-growing market for Automotive Power MOSFET Drivers. The region is witnessing a significant increase in demand for electric and hybrid vehicles, driven by government initiatives and incentives to reduce carbon emissions. China and Japan are the dominating countries in the APAC market, with several leading players operating in the region. The market in APAC is expected to witness significant growth in the coming years, driven by the increasing adoption of advanced driver assistance systems (ADAS) and autonomous driving technologies.
Global Automotive Power MOSFET Drivers Market By Geography, 2021-2030
- Largest
- Fastest
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Automotive Power MOSFET Drivers Market Dynamics
Automotive Power MOSFET Drivers Market Drivers
Increasing demand for energy-efficient and high-performance automotive systems
- One of the key drivers of the global Automotive Power MOSFET Drivers market is the increasing demand for energy-efficient and high-performance automotive systems, particularly in electric and hybrid vehicles. The growing adoption of advanced driver assistance systems (ADAS) and autonomous driving technologies is also expected to drive the demand for Automotive Power MOSFET Drivers. Moreover, the emergence of new technologies, such as wide-bandgap (WBG) semiconductors, is expected to further drive the demand for Automotive Power MOSFET Drivers in the coming years.
Automotive Power MOSFET Drivers Market Restraints
High cost associated with these devices
- One of the key restraints of the global Automotive Power MOSFET Drivers market is the high cost associated with these devices, which can limit their adoption, particularly in price-sensitive markets. Moreover, the market is highly competitive, with several key players vying for market share through product innovation, which can lead to price wars and further pressure on profit margins. Additionally, the complexity of these devices and the need for skilled personnel to operate and maintain them can also pose a challenge for market growth.
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Automotive Power MOSFET Drivers Market Competitive Landscape
The global Automotive Power MOSFET Drivers market is highly competitive, with a large number of players operating in the market. The market is characterized by intense competition, with players competing on the basis of product innovation, quality, and pricing. Companies are also focusing on strategic partnerships, collaborations, and mergers and acquisitions to expand their market presence and gain a competitive advantage. Moreover, players are investing heavily in research and development to introduce new and advanced Automotive Power MOSFET Drivers to cater to the growing demand from the automotive industry.
Automotive Power MOSFET Drivers Market Top Player’s Company Profiles
- Infineon Technologies AG (Germany)
- STMicroelectronics NV (Switzerland)
- Texas Instruments Inc. (US)
- NXP Semiconductors N.V. (Netherlands)
- Toshiba Corporation (Japan)
- Renesas Electronics Corporation (Japan)
- ROHM Semiconductor (Japan)
- Microchip Technology Inc. (US)
- Maxim Integrated Products Inc. (US)
- Analog Devices Inc. (US)
- Nexperia BV (Netherlands)
- Vishay Intertechnology Inc. (US)
- Mitsubishi Electric Corporation (Japan)
- Panasonic Corporation (Japan)
- Fuji Electric Co. Ltd. (Japan)
- Diodes Incorporated (US)
- SEMIKRON International GmbH (Germany)
- Alpha and Omega Semiconductor Inc. (US)
- United Automotive Electronic Systems Co. Ltd. (China)
Automotive Power MOSFET Drivers Market Recent Developments
- In April 2023, Texas Instruments Inc. announced the acquisition of Cree, Inc.'s Wolfspeed Power and RF division, a leading supplier of automotive MOSFETs, for $3.2 billion.
- In March 2023, Infineon Technologies AG announced a partnership with Hyundai Motor Company to develop advanced power electronics solutions for electric and hybrid vehicles.
- In January 2023, STMicroelectronics announced a $2 billion investment to expand its production capacity for automotive MOSFETs and other power electronics devices.
- In August 2022, ON Semiconductor announced a partnership with Magna International Inc., a leading automotive supplier, to develop advanced power electronics solutions for electric and hybrid vehicles.
- In May 2022, NXP Semiconductors announced the acquisition of Lite-On Semiconductor Corporation, a leading supplier of automotive MOSFETs, for $2.75 billion.
Automotive Power MOSFET Drivers Key Market Trends
- One of the key trends in the global Automotive Power MOSFET Drivers market is the increasing adoption of wide-bandgap (WBG) semiconductors, such as silicon carbide (SiC) and gallium nitride (GaN). These WBG semiconductors offer several advantages over traditional silicon-based semiconductors, including higher efficiency, faster switching speeds, and improved thermal conductivity. As a result, they are increasingly being used in automotive power electronics applications, including Automotive Power MOSFET Drivers, to improve performance, reduce energy consumption, and enhance the driving experience. This trend is expected to drive the growth of the market in the coming years.
Automotive Power MOSFET Drivers Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global Automotive Power MOSFET Drivers market analysis, the market is expected to grow significantly in the coming years, driven by the increasing demand for energy-efficient and high-performance automotive systems, particularly in electric and hybrid vehicles. The market is highly competitive and fragmented, with a large number of players operating in the market. Key players are focusing on strategic partnerships, collaborations, and mergers and acquisitions to expand their market presence and gain a competitive advantage. However, the high cost of these devices and the complexity of their design and implementation remain key challenges for the market. The adoption of wide-bandgap semiconductors is a key trend in the market that is expected to drive its growth in the coming years.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 400 million |
| Market size value in 2031 | USD 766.90 million |
| Growth Rate | 7.5% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Automotive Power MOSFET Drivers Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Automotive Power MOSFET Drivers Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Automotive Power MOSFET Drivers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Power MOSFET Drivers Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Power MOSFET Drivers Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Automotive Power MOSFET Drivers Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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