USD 1.27 billion
Automotive Voltage Level Shifters Market Size, Share, Growth Analysis, By End-use(OEMs (Original Equipment Manufacturers), and Aftermarket), By Application(Powertrain systems, Infotainment systems, Safety and security systems, and other electronic control units), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45N2071 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|Tables:
63
|Figures:
75
Automotive Voltage Level Shifters Market Insights
Global Automotive Voltage Level Shifters Market size was valued at USD 1.27 billion in 2022 and is poised to grow from USD 1.35 billion in 2023 to USD 2.15 billion by 2031, growing at a CAGR of 6% during the forecast period (2024-2031).
The primary driving factor behind the growth of the global automotive voltage level shifters market is the increasing demand for advanced electronics systems in modern vehicles. With the rise of electric and hybrid vehicles, as well as the increasing demand for driver assistance systems, infotainment systems, and other advanced features, the demand for reliable and high-quality voltage level shifters has never been greater. The primary restraint factor in the global automotive voltage level shifters market is the increasing complexity of automotive electronics systems. As these systems become more advanced, the need for more specialized and sophisticated voltage level shifters increases, making it more difficult for smaller companies to compete in the market. The high cost of developing and manufacturing these components can be a significant barrier to entry for new market players. The primary challenges in the global automotive voltage level shifters market are the need to balance cost and performance. As automotive electronics systems become more advanced, the need for higher-performance voltage level shifters increases, but at the same time, cost pressures remain a significant concern for manufacturers and suppliers. Finding the right balance between cost and performance is essential for success in this market. the challenges and restraints, there are several significant opportunities in the global automotive voltage level shifters market. The increasing demand for electric and hybrid vehicles, as well as the growing popularity of advanced driver assistance systems and other features, is expected to drive significant growth in the market over the coming years. There is a growing demand for voltage level shifters that can operate at higher frequencies and withstand harsh automotive environments, creating new opportunities for innovation and differentiation in the market.
US Automotive Voltage Level Shifters Market is poised to grow at a sustainable CAGR for the next forecast period.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
OEMs (Original Equipment Manufacturers)
Fastest Growth
OEMs (Original Equipment Manufacturers)
Growth Rate
6% CAGR
Global Automotive Voltage Level Shifters Market 2022-2030 ($ Bn)
Country Share for Asia Pacific Region- 2022 (%)
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Automotive Voltage Level Shifters Market Segmental Analysis
The global automotive voltage level shifters market is segmented on the product, application, and region. By end-use, the market is segmented into OEMs (original equipment manufacturers), and aftermarket. By application, the market is segmented into powertrain systems, infotainment systems, safety and security systems, and other electronic control units. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Global Automotive Voltage Level Shifters Market Analysis by End-use
The OEMs (Original Equipment Manufacturers) segment of the market includes companies that manufacture and sell new vehicles with advanced electronics systems. This segment is expected to hold the largest share of the market during the forecast period, driven by the growing demand for advanced electronics systems in new vehicles. As automakers continue to integrate more electronic components and systems into their vehicles, the demand for reliable and high-quality voltage level shifters will continue to grow.
Aftermarket segment of the market includes companies that sell electronic components and systems to vehicle owners after the initial sale of the vehicle. This segment is expected to grow significantly during the forecast period, driven by the increasing number of older vehicles on the road and the growing demand for aftermarket electronic components.
Global Automotive Voltage Level Shifters Market Analysis by Application
The powertrain systems application of the market includes voltage level shifters used in electric and hybrid vehicles to manage the high voltage levels involved in these systems. Infotainment systems application of the market includes voltage level shifters used in entertainment and communication systems in modern vehicles. This segment is expected to grow significantly during the forecast period, driven by the increasing demand for advanced infotainment systems in new vehicles. Safety and security systems application of the market includes voltage level shifters used in advanced driver assistance systems and other safety features in modern vehicles. This segment is expected to grow significantly during the forecast period, driven by the increasing demand for advanced safety features in new vehicles. Other electronic control units’ application of the market includes voltage level shifters used in other electronic components and systems in modern vehicles. This segment is expected to grow significantly during the forecast period, driven by the increasing complexity of modern automotive electronics systems and the need for specialized voltage level shifters to manage the signals between different components.
Global Automotive Voltage Level Shifters Market Size By End-use 2022(%)
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Automotive Voltage Level Shifters Market Regional Insights
Due to the rising demand for electric vehicles and the expanding automotive industry in nations like China and India, the Asia Pacific region is anticipated to dominate the market during the forecast period. Some of the top producers of automotive electronic components, including NXP Semiconductors, Infineon Technologies, and Toshiba Corporation, are based in the region, and they are what are causing the market there to grow.
North America is also a significant market for automotive voltage level shifters, driven by the presence of leading automotive OEMs and the increasing demand for advanced electronic systems in vehicles. The region is also witnessing a growing trend towards vehicle electrification, which is driving the demand for voltage level shifters in electric vehicles.
Global Automotive Voltage Level Shifters Market Size By Geography, 2022-2030
- Largest
- Fastest
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Automotive Voltage Level Shifters Market Dynamics
Global Automotive Voltage Level Shifters Market Drivers
Growing Demand for Advanced Electronics Systems in Vehicles
- As automakers continue to integrate more electronic components and systems into their vehicles, the demand for reliable and high-quality voltage level shifters will continue to grow. The growing demand for advanced electronics systems is driven by factors such as the increasing popularity of electric and hybrid vehicles, the need for advanced driver assistance systems, and the demand for advanced infotainment systems.
Increasing Adoption of Electric and Hybrid Vehicles
- The increasing adoption of electric and hybrid vehicles is driving significant growth in the market, as these vehicles require specialized voltage level shifters to manage the high voltage levels involved in these systems. With governments around the world promoting the adoption of electric and hybrid vehicles to reduce emissions and improve air quality, the demand for voltage level shifters is expected to continue to grow.
Global Automotive Voltage Level Shifters Market Restraints
High Cost of Advanced Electronic Components and Systems
- The high cost of advanced electronic components and systems is a major challenge for the market, as it can limit the adoption of these systems in vehicles. The high cost is driven by factors such as the complexity of the systems, the need for specialized technical knowledge to design and implement these systems, and the need for high-quality components.
Need for Specialized Technical Knowledge
- The need for specialized technical knowledge to design and implement advanced electronics systems is another major challenge for the market. This can limit the adoption of these systems in vehicles, as not all automakers and suppliers may have the technical expertise needed to design and implement these systems.
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Automotive Voltage Level Shifters Market Competitive Landscape
The Global Automotive Voltage Level Shifters Market is highly competitive, with several established players competing for market share. These companies compete on various factors such as product quality, price, performance, features, and customer service. They invest heavily in research and development to develop new and innovative voltage level shifter products that meet the evolving needs of the automotive industry. The global automotive voltage level shifters market is highly competitive, with established players competing on factors such as product quality, price, and performance. To remain competitive, companies are investing heavily in research and development, expanding their product portfolios through strategic acquisitions and partnerships, and focusing on sustainability and environmental responsibility.
Top Player’s Company Profiles in Global Automotive Voltage Level Shifters Market
- Texas Instruments (US)
- NXP Semiconductors (Netherlands)
- Analog Devices (US)
- Infineon Technologies (Germany)
- STMicroelectronics (Switzerland)
- Toshiba Corporation (Japan)
- Renesas Electronics Corporation (Japan)
- ON Semiconductor (US)
- ROHM Semiconductor (Japan)
- Maxim Integrated (US)
- Nexperia (Netherlands)
- Vishay Intertechnology (US)
- Silicon Laboratories (US)
- Microchip Technology (US)
- Cirrus Logic (US)
- Diodes Incorporated (US)
- TDK Corporation (Japan)
- Melexis (Belgium)
- Semtech Corporation (US)
- MACOM Technology Solutions (US)
Global Automotive Voltage Level Shifters Market Recent Developments
- In September 2021, Infineon Technologies announced the launch of its new automotive-grade voltage level shifter products, which are designed to support the latest automotive applications, including electric vehicles.
- In August 2021, STMicroelectronics announced the launch of its new automotive-grade voltage level shifter products, which are designed to improve the reliability and performance of automotive electronic systems.
- In June 2021, NXP Semiconductors announced the launch of its new automotive-grade voltage level shifter products, which are designed to meet the stringent requirements of the automotive industry.
- In May 2021, Analog Devices announced the acquisition of Maxim Integrated, a leading provider of analog and mixed-signal products for the automotive industry. This acquisition will help Analog Devices expand its product portfolio and strengthen its position in the market.
Automotive Voltage Level Shifters Key Market Trends
- Growing Demand for Advanced Driver Assistance Systems: the growing demand for advanced driver assistance systems, which are becoming increasingly common in modern vehicles. These systems require specialized voltage level shifters to manage the signals between different components, driving significant growth in the market.
- Increasing Popularity of Infotainment Systems: the increasing popularity of advanced infotainment systems in modern vehicles. These systems require specialized voltage level shifters to manage the signals between different components, driving significant growth in the market.
Automotive Voltage Level Shifters Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global automotive voltage level shifters market analysis, the growing demand for advanced electronic systems in vehicles is a key growth driver. The market is expected to grow at a steady pace over the forecast period, driven by factors such as the increasing adoption of electric vehicles, the growing demand for safety and security features in vehicles, and the increasing focus on reducing emissions and improving fuel efficiency. The market is segmented into unidirectional voltage level shifters and bidirectional voltage level shifters. The bidirectional voltage level shifters segment is expected to grow at a higher rate due to their ability to support both high-to-low and low-to-high voltage level shifting. Based on application, the market is segmented into powertrain systems, infotainment systems, safety and security systems, and other electronic control units. Due to the rising demand for cutting-edge safety features like lane departure warning, blind spot detection, and automatic emergency braking, the safety and security systems market is anticipated to expand at a faster rate. Over the course of the forecast period, it is anticipated that the global market for automotive voltage level shifters will expand steadily due to the rising popularity of electric vehicles, the rising demand for safety and security features in cars, and the growing emphasis on lowering emissions and increasing fuel efficiency.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 1.27 billion |
| Market size value in 2031 | USD 2.15 billion |
| Growth Rate | 6% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| 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 Voltage Level Shifters 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 Voltage Level Shifters 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 Voltage Level Shifters 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 Voltage Level Shifters 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 Voltage Level Shifters Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Automotive Voltage Level Shifters 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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