Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 30.85 Billion | USD 61.67 Billion | 8% | 2023 |
According to the report published by Zion Market Research, the global System Basis Chip Market size was valued at USD 30.85 Billion in 2023 and is predicted to reach USD 61.67 Billion by the end of 2032. The market is expected to grow with a CAGR of 8% during the forecast period.
The report analyzes the global System Basis Chip Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the System Basis Chip industry.
The system basis chip is a device which is a combination and implementation of the features such as voltage regulators, power saving modes, transceivers, fail-safe input outputs, and scalability. The features such as low-dropout regulator, SMPS among others are also supported by the device. The system basis chips can be found in all the automotive electronic control units (ECUs). They are mainly utilized in body control modules, climate control modules, door control units, light control units and others. The important use of the system basis chip is to reduce the current consumption through the controller area network partial networking (CAN PN).
The increase in the automobile industry is the key driver for the market growth. Owing to the use of the system basis chips the facilities that were previously available only to high-end cars are now being made available with the low-end cars. This has increased the demand for the automobiles which in turn has increased the pressure to reduce the carbon dioxide emissions. All these factors are contributing to the growth of the system basis chip market. The rapid industrialization and urbanization in the regions have raised the standard of living of the people thus the demand for the technologically advanced cars has also increased that has improved safety features within it.
Advanced features such as door control unit and climate control unit are found in the system basis chips which are being implemented in the passenger cars to improve its functioning. The factors that are restraining the market growth are the complicated circuit design which leads to the unsuspected operation and the high cost involved in its production.
The global system basis market is segmented into vehicle type, application, and region.
On the basis of the vehicle type, the market is categorized into passenger cars, HCVs, autonomous vehicles, LCVs and AGVs.
Based on the application, the market is segregated into powertrain, body electronics, telematics & infotainment, safety, and chassis. Regionally, the system basis chip market is diversified into Asia Pacific, North America, Europe and Rest of the World.
Report Attributes | Report Details |
---|---|
Report Name | System Basis Chip Market |
Market Size in 2023 | USD 30.85 Billion |
Market Forecast in 2032 | USD 61.67 Billion |
Growth Rate | CAGR of 8% |
Number of Pages | 197 |
Key Companies Covered | NXP Semiconductor NV, Texas Instruments, Inc., STMicroelectronics NV, Atmel Corporation, Elmos Semiconductor AG, Infineon Technologies AG, Robert Bosch GmbH, ON Semiconductor Corp., Microchip Technology Inc., and Melexis Semiconductors |
Segments Covered | By vehicle type, By application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The region that dominates the system basis chip market is the North American region. The factor that attributes to this market growth is the population with high income. Owing to this the demand for technologically advanced cars has increased considerably. Europe also has a major contribution towards the market growth since Germany is the leading manufacturer of the high-tech automobiles. Asia Pacific region is also contributing its share towards the market growth owing to the rise in the income of the people and their improved standard of living.
The global system basis chip market is led by players like:
By Vehicle Type
By Application
Global System Basis Chip Market: Regional Segment Analysis
What Report Provides
FrequentlyAsked Questions
Voltage regulators, power-saving modes, transceivers, fail-safe input outputs, and scalability are implemented and combined in the system basis chip. The device also supports features such as SMPS and low-dropout regulator. The system basis processors are present in all automotive electronic control units (ECUs).
The primary factor contributing to market expansion is the expansion of the automobile industry. The application of system basis processors has enabled the inclusion of amenities that were previously exclusive to high-end vehicles in low-end vehicles. This has resulted in an increase in the demand for automobiles, which has in turn generated additional pressure to reduce carbon dioxide emissions. The system basis chip market is experiencing growth as a result of the aforementioned factors.
According to the report published by Zion Market Research, the global System Basis Chip Market size was valued at USD 30.85 Billion in 2023 and is predicted to reach USD 61.67 Billion by the end of 2032.
The market is expected to grow with a CAGR of 8% during the forecast period.
The region that dominates the system basis chip market is the North American region. The factor that attributes to this market growth is the population with high income. Owing to this the demand for technologically advanced cars has increased considerably. Europe also has a major contribution towards the market growth since Germany is the leading manufacturer of the high-tech automobiles.
The key market players in the system basis chip market include NXP Semiconductor NV, Texas Instruments, Inc., STMicroelectronics NV, Atmel Corporation, Elmos Semiconductor AG, Infineon Technologies AG, Robert Bosch GmbH, ON Semiconductor Corp., Microchip Technology Inc., and Melexis Semiconductors.
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