Do you know who are the five largest automotive chip companies in the world?

The global automotive semiconductor market size is estimated at USD 43.6 billion in 2021. The total market size in 2021 is $553 billion. With the advent of electric vehicles, 3D mapping applications, automotive automation, and more, more than $115 billion in semiconductors will be used in the automotive industry by 2030.

Notably, TSMC is the world‘s largest pure-play semiconductor foundry and dominates the chip market. As a pure-play foundry, it hardly ever uses its own brand name on its products. To understand the extent of its impact, TSMC accounted for 54% of total global foundry revenue in 2020.

TSMC‘s customers can be divided into three categories - integrated device manufacturers, systems companies and fabless companies. A fabless company is a company that designs and sells chips, but outsources the actual manufacturing of the chips to TSMC itself. TSMC manufactures more than 10,000 products for nearly 500 customers around the world. In fact, the company makes chips for some of the biggest names in the world — like Apple, AMD, Intel, and more. Even the largest automotive semiconductor makers with their own manufacturing facilities, such as Infineon, NXP, STMicroelectronics and Texas Instruments, outsource some chips. Their production goes to TSMC. So while we can list the clear top chipmakers in the auto industry, TSMC itself, as a separate category giant, will always hang over those numbers.

So, other than TSMC, who are the largest automotive semiconductor manufacturers serving this market? What is their market share? How are they doing? We look at the top players in the market segments facing current challenges.

1. Infineon Technologies AG (Germany)

Infineon Technologies is a German semiconductor maker that makes chips for a number of automotive companies, including major European companies such as Volkswagen. The fallout from the pandemic caused Infineon to suspend some production last year. Infineon is the world‘s leading high-performance semiconductor company with a 13.2% market share among automotive semiconductor manufacturers in 2020.

Infineon recently invested over 2 billion euros in a new front-end factory in Kulim, Malaysia, to expand its market leadership in power semiconductors. Once fully operational, the company expects the new modules to generate additional annual revenue of 2 billion euros per year.

An Infineon executive expressed optimism about the outlook, saying the chip shortage will end in 2023. Therefore, to meet the growing demand, Germany-based Infineon plans to expand its production capacity. To this end, the company has also invested 1.6 billion euros ($1.8 billion) in its semiconductor factory in Villach, Austria.

Its revenue was just over $12 billion in fiscal 2021, up 29% year over year.

2. NXP Semiconductors NV (Netherlands)

Headquartered in Eindhoven, NXP Semiconductors NV ( NXP ) is a Dutch semiconductor designer and manufacturer. The company has been a well-known name in the automotive semiconductor space, accounting for 10.9% of the overall market in 2020.

NXP has a broad portfolio of automotive chips that power everything in a car, such as infotainment systems as well as tire pressure monitoring systems and V2X (vehicle-to-everything) communications.

For the full year, NXP achieved record revenue of $11.06 billion, up 28% year over year. The company has a market capitalization of $48.19 billion.

3. Renesas Electronics Corporation (Japan)

The Japanese heavyweight is one of the world‘s largest auto chip makers. More than 50% of Renesas‘ revenue comes from the automotive industry, with a market share of 8.5% in 2020.

Renesas Electronics is a global player not only in automotive semiconductors, but also in microcontrollers and processors. This combination of digital and analog products creates a one-stop solution for automakers looking for technology to support their vehicles. Its chips provide camera and battery system power to companies in key markets in Germany and China. The company hopes to add more applications in the coming years, such as higher-resolution rear-view cameras at a lower cost

The company has a market capitalization of more than $21 billion. Additionally, it generated $7.3 billion in revenue in 2021, up 12% from the same period in 2020.

4. Texas Instruments (USA)

Texas Instruments forms a complex list of products ranging from cars to calculators. Still, it has been one of the biggest players in the automotive semiconductor industry, with the best profit margins in the competitive business.

Texas Instruments has a market share of 8.3% in 2020. Texas Instruments has a market cap of $165.38 billion as of March 2022, the highest on this list. Also, looking at all the products it offers, Texas Instruments generated $18.344 billion in revenue in the same year.

5. STMicroelectronics NV (Switzerland)

The Geneva-based chipmaker‘s main business is focused on automotive semiconductors. ST‘s biggest customers include electric car maker Tesla and iPhone maker Apple. The French-Italian chip maker held a 7.5% market share in 2020.

The company is going all out, planning capital expenditures of $3.4 billion to $3.6 billion this year. That‘s double the $1.8 billion it will spend in 2021.

ST‘s 2021 revenue of $12.76 billion is a 24.9% increase from 2020. In March 2022, its market cap was $39.07 billion.

Summary: The five largest automotive chip companies in the world are Infineon, NXP, STMicroelectronics, Renesas and Texas Instruments. If you want to find these?five automotive chips, please contact?ShenZhen Hao Qi Core Technology.