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The System Basis Chip Market size is estimated to reach $32 Billion by 2027,
growing at a CAGR of 10.5% during the forecast period 2022-2027. The growth of the system basis chip industry is majorly
driven by factors such as rising trends towards the adoption of automated guided vehicles, increasing utilization of LED lighting in vehicles and an increasing focus
on improving the comfort and safety levels in sport utility
vehicles, multi-utility vehicles and other vehicles. In August 2022, Onsemi launched
NCV7471, a system basis chip for integrating functions in automotive electronic
control units. These chips can help in monitoring application microcontrollers
& other loads while managing application software with high-speed CAN and
LIN transceivers.
Moreover, the System Basis Chip market for body electronics is analyzed to grow with the highest CAGR of 12.3% during 2022-2027. Factors attributing to this market growth include increasing adoption of system basis chips in advanced driver-assistance systems to reduce accidents caused by human error. Furthermore, these chips include a wide range of subsystems that perform control functions, instrument diagnosis and safety functions. They even provide assistance in managing power supply in automated guided vehicles.
In the global System Basis Chip market, the Asia-Pacific region is analyzed
to witness the fastest growth of 11.5% during the forecast period 2022-2027. The
shift in the system basis chip industry outlook in this region is
influenced by an increasing trend towards the adoption of automated guided
vehicles and electric vehicles along with rising consumer
preferences for vehicles with advanced safety features. According to a Nissan-commissioned
study published in 2021, nearly 64% of respondents in Thailand, the
Philippines, Indonesia, Malaysia, Vietnam and Singapore said
that they were more willing to own an electrified vehicle at that time than they
were five years ago. These
factors are set to accelerate the growth of the System Basis Chip market size during
the forecast period.
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System Basis Chip Market Growth Drivers:
Increasing demand for Automotive Body Electronic Applications:
The rising utilization of automotive body electronic applications is positively influencing
the System Basis Chip industry outlook during the forecast period. System basis chips provide high integration and performance at a low
system cost for a variety of automotive applications like body control modules,
gateways, closure modules, seat control modules, gear shifters, fuel pumps,
heating & cooling systems, wireless in-cabin chargers, transfer case,
NOx sensors, exhaust modules and so on. Additionally, voltage regulators,
voltage supplies, communication interfaces and CAN transceivers are included,
which in turn serves efficient operations. In June 2022,
STMicroelectronics reveals a ready-to-use in-vehicle system basis chip solution
for secure car access, enhancing user convenience and security. Such
factors are encouraging the adoption of printed electronics within sport utility vehicles & multi-utility vehicles, thereby expanding the System Basis Chip market size in the coming
time.
The Major Players in this Market
Major players in the System
Basis Chip Market include
Atmel Corporation, Elmos Semiconductor AG, Infineon Technologies AG, Melexis
NV, Microchip Technology, Inc. and others. In April 2022, Infineon
Technologies AG launched TLE9471-3ES, a lite system basis chip, designed for
various CAN automotive applications as the main supply for the microcontroller.
Additionally, it also serves as an interface for a CAN bus network, with the
CAN Partial Networking feature.