Infineon expands its lead in the automotive semiconductor industry and leads the global automotive MCU market for the first time

Infineon Technologies AG continues to expand its lead in the automotive semiconductor market in 2023. The latest research from TechInsights shows that the global automotive semiconductor market will grow by 16.5% in 2023, reaching a record of US$69.2 billion. Infineon's total market share increased by one percentage point, from nearly 13% in 2022 to approximately 14% in 2023, consolidating the company's leading position in the global automotive semiconductor market. Infineon's semiconductor products are an integral part of a variety of critical automotive applications, including driver assistance and safety systems, powertrain and battery management systems, various comfort functions, in-vehicle infotainment systems, and safety functions.

According to data from TechInsights, Infineon's market share will grow in all regions in 2023, and it will continue to lead the Korean and Chinese markets. In addition, Infineon's market share in Japan's automotive semiconductor market has also grown significantly; its market share in Europe ranks second; and its market share in North America ranks among the top three.

Asif Anwar, executive director of TechInsights automotive terminal market research, said: "Infineon continues to top the TechInsights 2023 automotive semiconductor manufacturer market share rankings with a market share of nearly 14%. The company's automotive semiconductor revenue increased by more than 26% year-on-year, compared with the fourth The lead for second and third place expanded by 4 percentage points.”

Infineon's automotive MCU sales will increase by nearly 44% in 2023 compared with the previous year, accounting for approximately 29% of the global market. The strong sales momentum of automotive MCUs is the main factor driving Infineon's performance growth and helped the company become the world's number one in this market for the first time.

MCUs are key components in the automotive industry and are used to control and monitor various systems in cars, such as electric powertrains, electrical and electronic (E/E) architecture, advanced driver assistance systems (ADAS) and autonomous driving systems, radar and chassis wait. Infineon's AURIX™ MCU series and TRAVEO™ MCU series have promoted the transformation of the automotive industry into autonomous driving, connected and electric vehicles, and are the main contributors to helping the company lead the global automotive MCU market. These two series combine power consumption and performance improvements with the latest trends in virtualization, AI modeling, functional safety, network security and network functions to lay the foundation for new E/E architecture and the next generation of software-defined cars.