EV Semiconductor Devices Market Size, Share, Opportunities, And Trends By Vehicle Type (Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle), By Component (Analog, Memory Devices, Discrete Semiconductors, Sensors, Others), By Material Type (Silicon Carbide, Gallium Nitride, Others), By Voltage Range (Low Voltage, Medium Voltage, High Voltage), By Application (Powertrain, Chassis And Safety, Infotainment And Telematics, Body Electronics, Advanced Driver Assistance Systems, Battery Management Systems), And By Geography – Forecasts From 2025 To 2030

EV Semiconductor Devices Market Size:

The EV semiconductor devices market is predicted to expand at a CAGR of 14.95% to account for US$50.680 billion by 2030 from US$25.250 billion in 2025.

The growth is due to the rising necessity of range expansion, shorter charging time, and the application of ADAS in electric vehicles. Semiconductors are inherently utilized in EVs to perform integrated works such as control, drive administration, safety measures, entertainment and comfort, and driver assistance and security innovations. The major sellers working within the market are STMicroelectronics, NXP Semiconductor, Infineon Technologies, Texas Instruments, and Renesas Electronics. The market viewpoint for EV components can be segmented by type and region. In addition, the Asia-Pacific region will lead the market development due to the continually increasing popularity of innovation in nations like China and Japan.

Another factor supporting the global demand for EV semiconductor devices is the surging adoption of EVs. With an expanded number of EVs on the road, the application of superior gadgets and semiconductors is additionally expanding. The powertrain of an EV, battery management, and infotainment framework utilize numerous semiconductor devices. As the world progresses in its utilization of green automobiles due to policies and other viewpoints such as emissions, innovative improvement, and popularity demanded by buyers, EV semiconductor gadgets are expected to witness high demand during the forecasted period.

The combined utilization of ADAS and self-driving advances inside EVs is another prospect for the EV semiconductor devices market. Indeed, the core function of ADAS frameworks is to support vehicles and promote road safety. These facilities employ many sensors, processors, and communication gadgets to bolster the setting of ease control, lane flight control, and programmed emergency control. With the integration of such innovations in EVs, the market for high-performance semiconductor devices will develop in the coming years. 

EV Semiconductor Devices Market Drivers:

• Growing demand for battery electric vehicles is anticipated to accelerate the EV semiconductor devices market expansion.

BEVs hold a major share of the EV market and are expected to witness steady growth in the coming years. This development is due to the rise in the utilization of BEVs in the automotive market, especially within the passenger car section, as major producers push their improvement of electric cars and commit to making their models electric. Customers are conscious of economical mobility arrangements with longer battery life, quicker charging times, and higher driving ranges, influencing their buying behaviors.

It is additionally evaluated that the two-wheeler and commercial vehicle sections will develop radically from 2023 to 2032. The expanding requirement for electric scooters and motorcycles contributes to the general adoption of the EV semiconductor devices market, along with commercial vehicles like conveyance trucks and buses. The consistent increase of BEV utilization over diverse segments brings opportunities for designing new battery solutions, driving the EV battery market's global expansion.

• The increasing requirement for fast-charging EVs is expected to drive the EV semiconductor devices market growth.

Other variables fuelling the EV semiconductor devices market are the growing necessity for wider ranges of batteries and quicker charging times in EVs. Semiconductor gadgets are an important part of EVs since they make it possible to extend the vehicles' range and charging speed. Since buyers look forward to EVs with expanded ranges and speedier charging, the prospects for these innovatively modern semiconductor items will significantly rise in the coming years.

EV Semiconductor Devices Market Geographical Outlook:

• The EV Semiconductor Devices Market is segmented into three regions worldwide:

Geography-wise, the market of EV semiconductor devices is divided into the Americas, Europe, the Middle East and Africa, and Asia Pacific. This region is anticipated to have a significant share in the EV semiconductor devices market during the projected period due to the presence of some major EV semiconductor manufacturers.

The APAC region is further anticipated to capture the EV semiconductor devices market due to the rising utilization of EVs in APAC nations, especially China and India. China remains the greatest market for EV semiconductor gadgets within the APAC locale due to the high adoption of the EV and its associated technologies.

China's EV market has grown significantly in recent years due to government incentives and policies, the expansion of regional automotive businesses, and the advancement of semiconductor technology in Chinese markets. These factors are closely related to the substantial progress in developing new energy vehicles. China has seen development within the automotive industry, primarily within the last one or two decades. The purchase of plug-in electric vehicles (PEVs) is also rising in China. As semiconductor devices are broadly utilized in EV batteries and power hardware, their utilization is additionally anticipated to increase in the future.

India is another promising market for EV semiconductor gadgets within the APAC region. The Indian government has developed programs such as the FAME program aimed at growing the usage of electric cars in the country. Semiconductor gadgets utilized in EVs, such as two-wheelers and commercial vehicles, are moreover anticipated to have a huge demand within the developing Indian automotive industry. The South Korean market is additionally expected to have a similar drift in the APAC EV semiconductor devices market, owing to the developing awareness of higher sustainable mobility arrangements and enhanced self-driving innovations.

Further, the supremacy of the APAC region in the EV semiconductor devices market is owing to the ever-increasing rates of EV entrance, the introduction of the improvement of automotive innovation by major regional producers, and other complementary variables. The Chinese and Indian markets are expected to act as the major development enablers for the EV semiconductor devices market inside APAC.

EV Semiconductor Devices Market Key Developments: 

• In December 2024, ROHM announced a strategic collaboration with YSMC to develop and manufacture gallium nitride power devices for use in EVs. This GaN technology can actively support various applications in EV automotives like inverters and on-board chargers.
• In August 2024, Power Master Semiconductor launched its new automotive-qualified 1,200V eSiC MOSFET semiconductor to enhance power electronics in EVs with the utilization of its D2PAK-7L package, which has the latest and advanced technology.

EV Semiconductor Devices Market Scope:

Report Metric	Details
EV Semiconductor Devices Market Size in 2025	US$25.250 billion
EV Semiconductor Devices Market Size in 2030	US$50.680 billion
Growth Rate	CAGR of 14.95%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Vehicle Type Component Material Type Voltage Range Application Geography
Geographical Segmentation	Americas, Europe, Middle East, and Africa, Asia Pacific
List of Major Companies in the EV Semiconductor Devices Market	Taiwan Semiconductor Manufacturing Company Limited Infineon Technologies STMicroelectronics NXP Semiconductors Texas Instruments
Customization Scope	Free report customization with purchase

 

The EV semiconductor devices market is segmented and analyzed as follows:

• By Vehicle Type
  • Battery Electric Vehicle (BEV)
  • Plug-in Hybrid Electric Vehicles (PHEV)
• By Component
  • Analog
  • Memory Devices
  • Discrete Semiconductors
  • Sensors
  • Other Components
• By Material Type
  • Silicon Carbide (SiC)
  • Gallium Nitride (GaN)
  • Others 
• By Voltage Range
  • Low Voltage (Below 400V)
  • Medium Voltage (400V-800V)
  • High Voltage (Above 800V)
• By Application
  • Powertrain
  • Chassis and Safety
  • Infotainment and Telematics
  • Body Electronics
  • Advanced Driver Assistance Systems
  • Battery Management Systems 
• By Geography
  • Americas
    • US
  • Europe, the Middle East, and Africa
    • Germany
    • Netherlands
    • Others
  • Asia Pacific
    • China
    • Japan
    • Taiwan
    • South Korea
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. EV SEMICONDUCTOR DEVICES MARKET BY VEHICLE TYPE

5.1. Introduction

5.2. Battery Electric Vehicle (BEV)

5.3. Plug-in Hybrid Electric Vehicles (PHEV)

6. EV SEMICONDUCTOR DEVICES MARKET BY COMPONENT

6.1. Introduction

6.2. Analog

6.3. Memory Devices

6.4. Discrete Semiconductors

6.5. Sensors

6.6. Other Components

7. EV SEMICONDUCTOR DEVICES MARKET BY MATERIAL TYPE

7.1. Introduction

7.2. Silicon Carbide (SiC)

7.3. Gallium Nitride (GaN)

7.4. Others 

8. EV SEMICONDUCTOR DEVICES MARKET BY VOLTAGE RANGE

8.1. Introduction

8.2. Low Voltage (Below 400V)

8.3. Medium Voltage (400V-800V)

8.4. High Voltage (Above 800V)

9. EV SEMICONDUCTOR DEVICES MARKET BY APPLICATION

9.1. Introduction

9.2. Powertrain

9.3. Chassis and Safety

9.4. Infotainment and Telematics

9.5. Body Electronics

9.6. Advanced Driver Assistance Systems

9.7. Battery Management Systems

10. EV SEMICONDUCTOR DEVICES MARKET BY GEOGRAPHY

10.1. Global Overview

10.2. Americas

10.2.1. US

10.3. Europe, the Middle East, and Africa

10.3.1. Germany

10.3.2. Netherlands

10.3.3. Others

10.4. Asia-Pacific

10.4.1. China

10.4.2. Japan

10.4.3. Taiwan

10.4.4. South Korea

10.4.5. Others

11. COMPETITIVE ENVIRONMENT AND ANALYSIS

11.1. Major Players and Strategy Analysis

11.2. Market Share Analysis

11.3. Mergers, Acquisitions, Agreements, and Collaborations

11.4. Competitive Dashboard

12. COMPANY PROFILES

12.1. Taiwan Semiconductor Manufacturing Company Limited

12.2. Infineon Technologies

12.3. STMicroelectronics

12.4. NXP Semiconductors

12.5. Texas Instruments

12.6. Renesas Electronics

12.7. Microchip Technology

12.8. On Semiconductor Corporation

12.9. Analog Devices Inc.

12.10. ROHM Co., Ltd.

12.11. Toshiba Corporation

LIST OF FIGURES

LIST OF TABLES

Taiwan Semiconductor Manufacturing Company Limited

Infineon Technologies

STMicroelectronics

NXP Semiconductors

Texas Instruments

Renesas Electronics

Microchip Technology

On Semiconductor Corporation

Analog Devices Inc.

ROHM Co., Ltd.

Toshiba Corporation