Market Share of Automotive Power Electronics Industry
The automotive power electronics market is moderately consolidated, with major players dominating the market. Companies are focusing on expanding their product portfolio and are investing in R&D activities to develop advanced products. For instance,
- In May 2022, STMicroelectronics collaborates with Microsoft to streamline the development of highly secure IoT devices.
- In March 2020, Infineon Technologies launched new packages for its 80 V and 100 V MOSFETs with OptiMOS™ 5 technology to meet the different requirements of different 48 V applications.
Some major companies dominating the automotive power electronics market include NXP Semiconductors, Infineon Technologies AG, Texas Instruments Incorporated, Renesas Electronics Corporation, and STMicroelectronics.
Automotive Power Electronics Market Leaders
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NXP Semiconductors
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Infineon Technologies AG
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Texas Instruments Incorporated
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Renesas Electronics Corporation
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STMicroelectronics
*Disclaimer: Major Players sorted in no particular order