Infineon Technologies will continue to expand its leadership in the automotive semiconductor market in 2023. The latest research from TechInsights shows that the global automotive semiconductor market will grow by 16.5% in 2023, reaching a record of US$69.2 billion. Infineon's total market share increased by one percentage point, from nearly 13% in 2022 to approximately 14% in 2023, consolidating the company's leading position in the global automotive semiconductor market. Infineon's semiconductor products are an integral part of a variety of critical automotive applications, including driver assistance and safety systems, powertrain and battery management systems, various comfort functions, in-vehicle infotainment systems, and safety functions.

According to data from TechInsights, Infineon's market share will increase in all regions in 2023, and it will continue to maintain its leadership in the Chinese and Korean markets. In addition, Infineon's share of the Japanese automotive semiconductor market has also grown significantly; its market share in Europe ranks second; and its market share in North America ranks among the top three.

Peter Schiefer, President of Infineon Technologies Automotive Electronics Division

Leading the global automotive microcontroller (MCU) market

Infineon's automotive MCU sales will increase by nearly 44% in 2023 compared with the previous year, accounting for approximately 29% of the global market. The strong sales momentum of automotive MCUs is the main factor driving Infineon's performance growth and helped the company become the world's number one in this market for the first time.

MCUs are key components in the automotive industry and are used to control and monitor various systems in cars, such as electric powertrains, electrical and electronic (E/E) architecture, advanced driver assistance systems (ADAS) and autonomous driving systems, radar and chassis wait. Infineon's AURIX™ MCU series and TRAVEO™ MCU series have promoted the transformation of the automotive industry towards autonomous driving, connected and electric vehicles, and are important contributors to helping the company lead the global automotive MCU market. These two series combine power consumption and performance improvements with the latest trends in virtualization, AI modeling, functional safety, network security and network functions to lay the foundation for new E/E architecture and the next generation of software-defined cars.