Infineon: Position in the automotive semiconductor market further expanded and world market leader in automotive microcontrollers for the first time

April 11, 2024. Infineon Technologies AG further expanded its leading market position in automotive semiconductors in 2023. According to the latest study by market research company TechInsights [1], the global automotive semiconductor market grew by 16.5 percent in 2023, reaching a new record volume of 69.2 billion US dollars. Infineon’s market share rose by one percentage point from just under 13% in 2022 to around 14% in 2023, consolidating the company’s position as the global market leader in this area. Infineon’s semiconductors are indispensable for all key automotive applications such as assistance and safety systems, powertrain and battery management, comfort electronics, infotainment and information security.

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According to TechInsights, Infineon increased its market share in all regions and remained the market leader in South Korea and China. In addition, Infineon made significant gains in the Japanese automotive semiconductor market. In Europe, Infineon has consolidated its strong presence as the second largest automotive semiconductor supplier and in North America its position among the top three suppliers.

“We are very proud to have further strengthened our position as the leading automotive semiconductor manufacturer. This great success is based on our product innovations and system expertise that add value to our customers’ solutions,” said Peter Schiefer, President of Infineon’s Automotive Division. “We also see this success as motivation, because our components are the basis for the future of mobility, making cars clean, safe and smart.”

“Infineon has maintained the top spot in TechInsights’ 2023 Automotive Semiconductor Manufacturer Rankings with nearly 14 percent market share,” says Asif Anwar, Executive Director of Automotive End Market Research at TechInsights. “Infineon’s sales of automotive semiconductors increased by more than 26 percent compared to the previous year, increasing its lead over the second and third-placed suppliers by four percentage points.”

World’s number one in automotive microcontrollers

One of the main reasons for Infineon’s great success was the strong sales of microcontrollers (MCUs) for the automotive sector. For the first time, Infineon is the global number one in this market. The company’s sales in this segment increased by almost 44 percent compared to 2022, resulting in a global market share of around 29 percent in 2023.

Microcontrollers are key components for the automotive industry as they control and monitor various systems in the car; for example, the electric powertrain, electric-electronic (E/E) architectures, ADAS (Advanced Driver Assistance Systems), radar and chassis. Infineon’s leading AURIX™ family of microcontrollers and TRAVEO™ family of microcontrollers are key contributors to this success as they drive the automotive industry’s transformation to autonomous, connected and electrified vehicles. They combine power and performance with the latest trends in virtualization, AI-based modeling, safety and networking capabilities, enabling new E/E architectures and the next generation of software-defined vehicles.

[1] TechInsights: Automotive Semiconductor Vendor Market Shares. April 2024

About Infineon

Infineon Technologies AG is a leading global provider of semiconductor solutions for power systems and the Internet of Things (IoT). With its products and solutions, Infineon is driving decarbonization and digitalization. The company has around 58,600 employees worldwide and generated sales of around 16.3 billion euros in the 2023 financial year (end of September).

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👉 www.infineon.com 

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