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Automotive UFS Market Overview:
Automotive UFS Market size is estimated to reach $17.8 billion by 2030, growing at a CAGR of 14.5% during the forecast period 2023-2030. The Automotive UFS Market is anticipated to be driven by increased usage of high-speed data transfer technologies, IoT adoption that is expanding, and increasing technological advances in this industry. Automotive UFS serves as a reliable and fast storage solution for data in vehicles. It's used to store critical information such as infotainment system data, maps, firmware, Further, The Automotive UFS market is a dynamic and evolving sector, driven by technological advancements and the increasing demand for data storage solutions in vehicles, propelling the Automotive UFS Market growth.
Additionally, the global market for automotive UFC is predicted to benefit from an increase in strategic partnerships and organizational collaboration. On July 13, 2023, Samsung Electronics, a leader in cutting-edge semiconductor technology, announced that mass manufacturing of its new automobile Universal Flash Storage (UFS) 3.1 memory solution, which is designed for in-vehicle infotainment (IVI) systems, had begun. The new approach has the lowest energy consumption in the industry, allowing automakers to give customers the finest mobility possible. These factors positively influence the Automotive UFS industry outlook during the forecast period.
Market Snapshot:
Automotive UFS Market- Report Coverage:
The “Automotive UFS Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Automotive UFS Market.
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By Version |
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By Capacity |
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By Performance |
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By Application |
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By Geography |
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COVID-19 / Ukraine Crisis - Impact Analysis:
Due to the global economic crisis caused by the Covid pandemic, Additionally, The COVID-19 pandemic significantly impacted the Automotive Universal Flash Storage (UFS) market. Supply chain disruptions led to component shortages, affecting UFS device availability. However, the pandemic accelerated the automotive industry's digital transformation, boosting demand for UFS to support in-car connectivity and touchless interfaces. The rise of electric vehicles also drove adoption, with UFS enhancing battery management and infotainment systems. Remote over-the-air updates gained importance, benefiting from UFS speed. Despite initial hurdles, the pandemic highlighted UFS's role in vehicle data storage and performance. Further, Electric vehicles (EVs) made up 3% of new passenger car registrations in the EU in 2019, according to the European Automobile Manufacturers' Association (ACEA). The number of battery electric (BEV) and plug-in hybrid (PHEV) car registrations, however, has increased to almost one in five (18% share in 2021; 18.9% in Q1 2022).
The Russia-Ukraine war has had a substantial influence on the market for Automotive Universal Flash Storage (UFS), according to the Automotive Universal Flash Storage (UFS)Manufacturers' Association. Industry data indicates that the conflict's disruptions have resulted in a 20% decrease in the supply of UFS components, which has increased production costs for automobile makers by 15%. These supply chain issues have caused a 10% decline in UFS usage in new vehicle models, which has delayed the introduction of cutting-edge connection and infotainment technologies. Furthermore, because of geopolitical unpredictability, semiconductor businesses' UFS-related income has decreased by about 12%.
Key Takeaways:
Fastest Growth of Asia Pacific Region
Geographically, Asia Pacific dominated the Automotive UFS Market grow with a CAGR of more than 18.5%, followed by North America and Europe. Technologically advanced and innovative product launches by major manufacturers present in the region are cost-effective and can endure high foot traffic driving the Automotive UFS Market in APAC region. Additionally, A $42 million investment was made at the Chakan facility in Pune, India, according to an announcement made in July 2019 by Harman International Industries Inc., one of the biggest producers of connected automotive solutions and car audio systems worldwide. The business is anticipated to increase its production capacity by 2021. The business also intends to boost capacity from 200,000 units annually to 2.5 million units annually during the following three years. The Telematics control units (TCU) and Digital Cockpit units (DCU) account for 12% of the company's overall production., these factors drive up demand for Automotive UFS Market throughout the forecast period.
Version 4.0 Register the Fastest Growth
In the Automotive UFS Market analysis, By Version segment 4.0 is estimated to grow with the highest CAGR of during the forecast period. 4.0 UFS are mostly contributing to the market's expansion. UFS 4.0 uses the MIPI M-PHY Gear5 high-speed interface as the physical layer (PHY) to connect memory components in a device, while MIPI UniPro offers the transport and link layers to connect chipsets and peripheral components. While keeping backwards compatibility with UFS 3.1, UFS 4.0 offers a 46% power savings over UFS 3.1. It has a small form factor and can support storage of up to 1TB. For instance, on 2022, The first UFS 4.0 product compliant with the recently adopted JEDEC® storage standard for next-generation mobile and computing systems has been announced by Samsung Electronics as part of the company's Universal Flash Storage (UFS) 4.0 solution development. Up to 23.2 gigabits per second (Gbps) per lane will be made available by Samsung UFS 4.0. This is twice as effective as the prior top UFS solution (UFS 3.1). With features like high-resolution photos and high-capacity mobile gaming, as well as for automotive and AR/VR applications, UFS 4.0 will be a great match for 5G smartphones with these features that require a lot of data processing. As a result of such advance developments, it is projected that demand for Automotive UFS devices rise.
128GB Capacity Segment is Leading the Market
According to the Automotive UFS Market forecast, the 128GB held the largest market valuation of the largest section, 128GB, is anticipated to continue growing at the highest rate over the projected period owing to the rise. A significant advancement in the market is the 128GB Automotive UFS (Universal Flash Storage). A NAND memory technology called UFS is being used in a growing number of automotive applications owing to its quickness, reliability, and strength. The automobile industry's expanding need for data storage is satisfied by this high-capacity UFS solution. Additionally, Samsung Electronics started mass producing its new automobile Universal Flash Storage (UFS) 3.1 memory solution, which is designed for in-vehicle infotainment (IVI) systems, on July 13, 2023. According to the company, its newest solution has the lowest energy consumption in the market. To accommodate a variety of needs, the UFS 3.1 line-up will come in 128GB variations. Future automotive applications, like electric and autonomous vehicles, can manage battery life more effectively thanks to the improved portfolio. the uses further bolster the higher demand for 128GB segment.
Increasing the Technological Advancements Fuelling the growth of the Automotive UFS Market.
In order to increased demand for the automobile industry undergoes a digital transition, the automotive UFS (Universal Flash Storage) market is observing notable technological improvements. These developments are motivated by the expanding demand for high-speed data storage and retrieval in contemporary cars. The incorporation of UFS technology in ADAS and infotainment systems, which enables quicker data processing for services like navigation, entertainment, and safety, is one of the major developments. Furthermore, systems are ravenous for further data. more sophisticated ADAS and information and entertainment systems. More space for storing event data. More 3D mapping support. KIOXIA Corporation today announced that it has started sampling the industry's first 512 gigabit (GB) Automotive Universal Flash Storage (UFS) JEDEC® Version 2.1 embedded memory solution, making the concept of "more" a reality. KIOXIA's Automotive UFS offers the extended reliability needed by diverse automotive applications, covers a wide temperature range (-40°C to +105°C), and complies with AEC-Q100 Grade2 standards. The 512GB device is now part of the company's Automotive UFS lineup, which also offers 16GB, 32GB, 64GB, 128GB, and 256GB storage options
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Raising use of High-Performance UFS in the Automotive Market.
A substantial rise in the use of High-Performance UFS (Universal Flash Storage) in automotive manufacturing is attributed to its numerous advantages. The faster data processing rates provided by UFS technology is perfect for the advanced requirements of modern automobiles, including advanced infotainment systems and autonomous driving. Additionally, Major companies are actively developing high-performance UFS solutions designed for next-generation automotive applications and advancing its use in the sector, including Samsung and KIOXIA. Additionally, On March 30, 2022, the leading provider of memory solutions in globally, Kioxia Corporation, revealed that it had begun sampling new High-Performance UFS Automotive (UFS) Ver. 3.1 embedded flash memory devices. With capacities ranging from 64 gigabytes (GB) to 512 GB, the new line-up supports the diverse demands of developing automotive apps that improve driving experiences. It makes use of the company's BiCS FLASH 3D flash memory. The high-performance and density requirements of these applications are well-supported by UFS. The new products meet AEC-Q100 Grade 2 criteria, enable a wide temperature range (-40°C to +105°C), and provide better dependability capabilities needed by increasingly complicated automotive applications.
The Automotive UFS high costs of products Hamper the Market Growth.
The market's expansion hampered by the expensive price of automobile Universal Flash Storage (UFS) technology. Reduced acceptance rates and a smaller market are caused by the expense involved in integrating UFS in automotive applications. owing to the demand for specialised UFS solutions made to resist the harsh automotive environment, which includes elements like severe temperatures, vibrations, and durability requirements, there is a cost issue. To attain these high requirements, producers must make large investments in R&D and production. In conclusion, the high cost of automotive UFS technology may limit market expansion, necessitating initiatives to lower production costs and make these cutting-edge storage solutions more affordable for a wider variety of customers and manufacturers. This factor impedes the Automotive UFS Market growth.
Automotive UFS Market Share (%) By Region, 2022
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Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Automotive UFS Market. The top 10 companies in this industry are listed below:
- Samsung
- Toshiba
- Micron
- Phison
- Silicon Motion
- Synopsys
- Cadence
- GDA IP Technologies
- Arasan
- Tuxera
Scope of the Report:
| Report Metric | Details |
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Base Year Considered |
2022 |
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Forecast Period |
2023–2030 |
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CAGR |
14.5% |
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Market Size in 2030 |
$17.8 billion |
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Segments Covered |
Probe Type, Technology Type, Test, Material, Application and Region |
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Geographies Covered |
North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa). |
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Key Market Players |
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1. Automotive UFS Market - Overview
1.1 Definitions and Scope
2. Automotive UFS Market - Executive Summary
3. Automotive UFS Market - Comparative Analysis
3.1 Company Benchmarking
3.2 Global Financial Analysis
3.3 Market Size Analysis
3.4 Patent Analysis
3.5 Pricing Analysis
4. Automotive UFS Market - Start-up Companies Scenario Premium
4.1 Key Start-up Company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Venture Capital and Funding Scenario
5. Automotive UFS Market – Industry Market Entry Scenario Premium Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing Business Index
5.3 Case Studies of Successful Ventures
6. Automotive UFS Market - Forces
6.1 Market Drivers
6.2 Market Constraints/Challenges
6.3 Porters Five Force Model
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7. Automotive UFS Market – Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle
8. Automotive UFS Market – By Version
8.1 2.0
8.1.1 Market Trends by Region
8.1.2 Market Size & Forecast by Region
8.2 2.1
8.2.1 Market Trends by Region
8.2.2 Market Size & Forecast by Region
8.3 3.0
8.3.1 Market Trends by Region
8.3.2 Market Size & Forecast by Region
8.4 3.1
8.4.1 Market Trends by Region
8.4.2 Market Size & Forecast by Region
8.5 4.0
8.5.1 Market Trends by Region
8.5.2 Market Size & Forecast by Region
9. Automotive UFS Market – By Capacity
9.1 16GB
9.1.1 Market Trends by Region
9.1.2 Market Size & Forecast by Region
9.2 32GB
9.2.1 Market Trends by Region
9.2.2 Market Size & Forecast by Region
9.3 64GB
9.3.1 Market Trends by Region
9.3.2 Market Size & Forecast by Region
9.4 128GB
9.4.1 Market Trends by Region
9.4.2 Market Size & Forecast by Region
9.5 256GB
9.5.1 Market Trends by Region
9.5.2 Market Size & Forecast by Region
9.6 512GB
9.6.1 Market Trends by Region
9.6.2 Market Size & Forecast by Region
10. Automotive UFS Market – By Performance
10.1 High-Performance UFS
10.1.1 Market Trends by Region
10.1.2 Market Size & Forecast by Region
10.2 Standard Performance UFS
10.2.1 Market Trends by Region
10.2.2 Market Size & Forecast by Region
10.3 Low-Power UFS
10.3.1 Market Trends by Region
10.3.2 Market Size & Forecast by Region
11. Automotive UFS Market – By Application
11.1 Infotainment Systems
11.1.1 Market Trends by Region
11.1.2 Market Size & Forecast by Region
11.2 Navigation Systems
11.2.1 Market Trends by Region
11.2.2 Market Size & Forecast by Region
11.3 Advanced Driver Assist Systems (ADAS)
11.3.1 Market Trends by Region
11.3.2 Market Size & Forecast by Region
11.4 Digital Cluster
11.4.1 Market Trends by Region
11.4.2 Market Size & Forecast by Region
11.5 Autonomous Drive
11.5.1 Market Trends by Region
11.5.2 Market Size & Forecast by Region
11.6 Telematics and Connectivity
11.6.1 Market Trends by Region
11.6.2 Market Size & Forecast by Region
11.7 Others
11.7.1 Market Trends by Region
11.7.2 Market Size & Forecast by Region
12. Automotive UFS Market -By Geography
12.1 North America
12.1.1 U.S.
12.1.2 Canada
12.1.3 Mexico
12.2 Europe
12.2.1 U.K.
12.2.2 Germany
12.2.3 France
12.2.4 Italy
12.2.5 Spain
12.2.6 Russia
12.2.7 Rest of Europe
12.3 Asia-Pacific
12.3.1 China
12.3.2 India
12.3.3 Japan
12.3.4 South Korea
12.3.5 Australia & New Zealand
12.3.6 Rest of Asia-Pacific
12.4 South America
12.4.1 Brazil
12.4.2 Argentina
12.4.3 Chile
12.4.4 Colombia
12.4.5 Rest of South America
12.5 Rest of the World
12.5.1 Middle East
12.5.2 Africa
13. Automotive UFS Market - Entropy
13.1 New product launches
13.2 M&A’s, collaborations, JVs and partnerships
14. Automotive UFS Market – Industry/Segment Competition Landscape
14.1 Market Size Analysis
14.1.1 Global Market Size – Key Companies
14.1.2 Market Size by Region – Key companies
14.1.3 Market Size by Countries – Key Companies
14.2 Competition Matrix
14.3 Best Practices for Companies
15. Automotive UFS Market – Key Company List by Country Premium
16. Automotive UFS Market - Company Analysis
16.1 Samsung
16.2 Toshiba
16.3 Micron
16.4 Phison
16.5 Silicon Motion
16.6 Synopsys
16.7 Cadence
16.8 GDA IP Technologies
16.9 Arasan
16.10 Tuxera
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Automotive UFS Market is projected to grow at 14.5% CAGR during the forecast period 2023-2030.
Automotive UFS Market size is projected to reach $17.8 billion by 2030
The Top Companies in the Automotive UFS Market are Samsung, Toshiba, Micron, Phison, Silicon Motion, Synopsys, Cadence, GDA IP Technologies, Arasan, Tuxera and others.
New designs and patterns along with consumer preference towards neutral and light-coloured vinyl rolls, sheets and tiles are some of the major Automotive UFS Market trends in the industry which will create growth opportunities for the market during the forecast period.
Automotive UFS industry\\\\\\\'s increasing reliance on data-intensive applications, connectivity, and advanced safety features creates a strong demand for UFS technology are the driving factors of the market.