After four years, the global automotive semiconductor market declined again. Market size evolution:
- 2019: approx. USD 37.2 billion
- 2020: declined to USD 35.5 billion due to the pandemic
- 2021: +31.5% to USD 46.7 billion
- 2022: +26% to USD 58.8 billion
- 2023: +16% to USD 68.2 billion
- 2024: slight decline of 4% to USD 65.4 billion
- 2025: continued decline of about 4%
After years of rapid growth, the automotive semiconductor market has entered a downturn. In 2025, the hardest-hit segments are MCUs and power semiconductors.
Since 2024, competition in electric vehicles has shifted from range and charging speed to intelligence. At the same time, extended-range vehicles continue to erode the pure EV market. Demand for power semiconductors represented by SiC has collapsed. However, major manufacturers had previously been very optimistic about SiC and invested heavily in capacity expansion, leading to [...]
