Infineon Tops 2023 Global Auto MCU Market

On April 9th, TechInsights, a renowned market research organization, released its latest findings projecting Infineon's dominance in the global automotive semiconductor sector for 2023. The report forecasts Infineon to secure approximately 14% of the market share, reaffirming its position as a leading force in the industry. Notably, Infineon also clinched the top spot in the global automotive MCU market for the first time.

The study anticipates a robust growth of 16.5% in the global automotive semiconductor market, reaching a record-breaking $69.2 billion in 2023. Infineon experienced a notable uptick, with its market share ascending from nearly 13% in 2022 to about 14% in 2023.

Infineon's market expansion was observed across all regions, with notable leadership positions maintained in South Korea and China. The company also made significant strides in the Japanese automotive semiconductor market. Furthermore, Infineon strengthened its foothold as the second-largest supplier in Europe and among the top three in North America.

Infineon's semiconductors play a pivotal role in various automotive applications, including driver assistance systems, powertrain management, infotainment, and security features.

Peter Schiefer, President of Infineon's Automotive Division, expressed pride in the company's achievements, attributing them to product innovation and system capabilities. He emphasized Infineon's commitment to shaping the future of mobility by making vehicles cleaner, safer, and smarter.

Asif Anwar, Executive Director of Automotive Terminal Market Research at TechInsights, highlighted Infineon's dominant position in the automotive semiconductor landscape, with a market share of nearly 14%. He underscored Infineon's remarkable revenue growth, surpassing competitors and expanding its lead by 4 percentage points.

Infineon's stellar performance is primarily fueled by robust sales of automotive microcontrollers (MCUs). The company secured the top global position in this segment for the first time in 2023, with sales soaring by nearly 44% compared to 2022 and capturing approximately 29% of the global market share.

Microcontrollers serve as critical components in automotive systems, controlling and monitoring various functions such as electric powertrains, advanced driver assistance systems (ADAS), and autonomous driving technologies. Infineon's flagship MCU series, including AURIX™ and TRAVEO™, are driving the automotive industry towards autonomy, connectivity, and electrification by integrating advanced functionalities and cutting-edge technologies.