Europe Automotive Power Chips Market was valued at USD 9.2 Billion in 2022 and is projected to reach USD 16.2 Billion by 2030, growing at a CAGR of 7.6% from 2024 to 2030.
The automotive industry is undergoing a significant transformation as electric vehicles (EVs) and advanced driver-assistance systems (ADAS) gain traction. One crucial element driving this change is the need for automotive power chips, which are essential components for managing power distribution and ensuring the functionality of various automotive systems. These chips are increasingly in demand as automotive manufacturers strive to enhance vehicle performance, safety, and energy efficiency. The Automotive Power Chips Market is expected to see exponential growth, driven by the rising adoption of electric mobility, automation, and electrification trends across Europe.
Automotive power chips play a pivotal role in modern vehicles, powering systems such as electric motors, battery management, charging systems, lighting, infotainment, and ADAS technologies. The increasing reliance on electric vehicles, coupled with the push for greener technologies, is fueling the demand for advanced power semiconductor solutions that can handle higher voltages, provide more efficient energy conversion, and improve overall system reliability. The need for more robust and high-performing chips is, therefore, an essential requirement in the European automotive sector.
European automotive manufacturers are at the forefront of integrating cutting-edge technologies into vehicles, including innovations like fully electric drivetrains and advanced autonomous systems. These applications demand specialized power chips that can deliver high performance in a compact, cost-effective form. Key factors such as power efficiency, thermal performance, and reliability under extreme conditions are crucial when selecting these components. As such, industries across Europe are seeking out suppliers capable of meeting these stringent requirements.
Looking at the automotive power chips market specifically, suppliers must also account for future growth driven by ongoing trends such as vehicle electrification and the integration of artificial intelligence (AI) and machine learning (ML) in vehicles. These technologies are expected to require chips capable of handling complex computations while remaining energy-efficient. The market is expected to evolve rapidly, requiring continuous innovation to meet both consumer and regulatory demands for cleaner, smarter, and more sustainable vehicles.
As the demand for power chips increases, industry leaders are focusing on collaborating with automotive manufacturers to design and deliver solutions that meet the exacting standards of the European automotive market. Whether for hybrid electric vehicles, fully electric vehicles, or next-generation ADAS systems, automotive power chips are a fundamental component that will continue to shape the future of the European automotive landscape.
Get an In-Depth Research Analysis of the Europe Automotive Power Chips Market Size And Forecast [2025-2032]
STMicroelectronics
Toshiba Corporation
Infineon Technologies
Mitsubish
HITACHI
Microchip
Fujitsū Kabushiki-gaisha
BOSCH
Magna International Inc.
Nexperia
STARPOWER
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Europe Automotive Power Chips Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Europe Automotive Power Chips Market
Voltage Regulators
Power Management Integrated Circuits (PMICs)
Driver ICs
Amplifiers
Motor Drivers
Electric Vehicles (EVs)
Hybrid Electric Vehicles (HEVs)
Internal Combustion Engine (ICE) vehicles
Advanced Driver Assistance Systems (ADAS)
Infotainment Systems
Silicon-based Chips
Gallium Nitride (GaN) Chips
Silicon Carbide (SiC) Chips
Analog Power Chips
Digital Power Chips
Passenger Cars
Commercial Vehicles
Luxury Vehicles
Light-Duty Trucks
Heavy-Duty Trucks
Original Equipment Manufacturers (OEMs)
Aftermarket
Online Sales Platforms
Retail Outlets
Direct Distribution
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
For More Information or Query, Visit @ Automotive Power Chips Market Research Analysis
1. Introduction of the Europe Automotive Power Chips Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Automotive Power Chips Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Automotive Power Chips Market, By Type
6. Europe Automotive Power Chips Market, By Application
7. Europe Automotive Power Chips Market, By Geography
Europe
Germany
UK
France
8. Europe Automotive Power Chips Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/