Infineon Technologies AG has strengthened its position as a global leader in automotive semiconductors. The company also secured the top spot in the worldwide microcontroller market, according to a new report by TechInsights.
In 2024, Infineon captured 13.5% of the global automotive semiconductor market. This makes it the leading supplier in the sector for the fifth year in a row.
In Europe, Infineon moved to first place with a 14.1% market share, rising from second position in 2023. In North America, the company climbed to second place with a 10.4% share, up from third last year.
Infineon’s lead in microcontrollers also grew. The company now holds a 32.0% share in this segment—2.7 percentage points ahead of its nearest competitor. Despite an 8.2% drop in the overall automotive microcontroller market, Infineon gained 3.6 percentage points.
The company also performed strongly in other key regions. In China, it held a 13.9% share. In South Korea, it led with 17.7%. In Japan, Infineon remained second with a 13.2% share.
Globally, the automotive semiconductor market was valued at $68.4 billion in 2024. This represents a 1.2% decline from the previous year.
“We are proud to be the global leader in automotive semiconductors for the fifth straight year,” said Peter Schaefer, Executive Vice President and Chief Sales Officer for Automotive at Infineon. “For the first time, we are one of the top two suppliers in every major region. This shows the strength of our products and our dedication to serving our customers’ needs.”
Infineon’s chips are used in many advanced vehicle technologies. These include systems for driver assistance and safety, powertrain and battery management, and in-car comfort and infotainment.
One of Infineon’s key goals is to support next-generation vehicle electronics. These systems are moving toward centralized designs for software-defined vehicles. To enable this shift, Infineon offers solutions for fast data processing, strong cybersecurity, smart power control, and advanced connectivity.
“Infineon’s leadership in microcontrollers played a big part in its success,” said Asif Anwar, Executive Director of Automotive End Market Research at TechInsights. “The company has done well in areas like advanced driver assistance systems and other critical applications.”
Infineon Technologies AG is known for its role in power systems and the Internet of Things (IoT). Its products help drive both digitalization and decarbonization. As of September 2024, the company employed about 58,060 people worldwide. It reported revenues of around €15 billion for fiscal year 2024.
Infineon is listed on the Frankfurt Stock Exchange under the symbol IFX. It is also traded in the United States on the OTCQX market under the symbol IFNNY.
