Japan Automotive Semiconductor Market Size & Outlook
Japan automotive semiconductor market, 2018-2030 (US$M)
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Japan automotive semiconductor market highlights
- The Japan automotive semiconductor market generated a revenue of USD 764.2 million in 2023 and is expected to reach USD 1,747.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 12.5% from 2024 to 2030.
- In terms of segment, passenger vehicle was the largest revenue generating vehicle type in 2023.
- Commerical Vehicle is the most lucrative vehicle type segment registering the fastest growth during the forecast period.
Automotive semiconductor market data book summary
| Market revenue in 2023 | USD 764.2 million |
| Market revenue in 2030 | USD 1,747.2 million |
| Growth rate | 12.5% (CAGR from 2023 to 2030) |
| Largest segment | Passenger vehicle |
| Fastest growing segment | Commerical Vehicle |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Passenger Vehicle, Commerical Vehicle |
| Key market players worldwide | Analog Devices Inc, Infineon Technologies AG, NXP Semiconductors NV, Renesas Electronics Corp, Rohm Co Ltd, STMicroelectronics NV, Texas Instruments Inc, Toshiba Corporation |
Other key industry trends
- In terms of revenue, Japan accounted for 2.4% of the global automotive semiconductor market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China automotive semiconductor market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,604.9 million by 2030.
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Automotive Semiconductor Market Scope
Automotive Semiconductor Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan automotive semiconductor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive semiconductor market will help companies and investors design strategic landscapes.
Passenger vehicle was the largest segment with a revenue share of 90.85% in 2023. Horizon Databook has segmented the Japan automotive semiconductor market based on passenger vehicle, commerical vehicle covering the revenue growth of each sub-segment from 2018 to 2030.
Several companies in Japan are adopting strategic initiatives to establish a strong foothold in the market by producing power semiconductors for automobiles .The key players such as DENSO Corporation are adopting collaboration initiatives.
For instance, in April 2022, mobility supplier DENSO Corporation and United Semiconductor Japan Co., Ltd., a subsidiary of the semiconductor company United Microelectronics Corporation, announced their collaboration to manufacture power semiconductors and focus on catering to the demand for semiconductors in the market.
The rapid acceleration of the development and adoption of electric cars, as part of the global effort to decrease carbon emissions, is leading to a significant increase in demand for semiconductors, which are necessary for the electrification of vehicles.
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Our clientele includes a mix of automotive semiconductor market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan automotive semiconductor market , including forecasts for subscribers. This country databook contains high-level insights into Japan automotive semiconductor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan automotive semiconductor market size, by vehicle type, 2018-2030 (US$M)
Japan Automotive Semiconductor Market Outlook Share, 2023 & 2030 (US$M)
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