Global System Basis Chip (SBC) Market – Industry Trends and Forecast to 2029

Global System Basis Chip (SBC) Market, By Application (Powertrain, Safety, Chassis, Body Electronics, Telematics, Infotainment), Vehicle Type (Passenger Cars, HCVs, Autonomous Vehicles, LCVs, AGVs), – Industry Trends and Forecast to 2029.

System Basis Chip (SBC) Market Analysis and Size

Rise in vehicle sales around the world is a promising factor towards the growth of system basis chip (SBC) market. Furthermore intervention of hybrid vehicles and huge demand from the aftermarket will further drive market demand around the world.

Data Bridge Market Research analyses that the system basis chip (SBC) market was valued at USD 28.39 billion in 2021 and is expected to reach the value of USD 59.98 billion by 2029, at a CAGR of 9.8% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Report Scope and Market Segmentation

Market Definition

A chip battery is a thin film battery made up of two or more electrochemical cells that help to convert chemical energy into electrical energy. Chip batters are small single cell batteries made up of metal components to protect the body from circuit breakage or wire. Chip batters are light weighted, flexible, and compact batteries with several advantages such as shapes, customization services to customers by fitting into any product according to the customers’ convenience and sizes without any loss of efficiency.

Global System Basis Chip (SBC) Market Dynamics

Drivers

• Expansion of automobile industries is augmenting market growth.

Increased vehicle production all over the world is a critical factor driving market growth, as is the increased use of electronics in vehicles and the increasing demand for advanced safety, convenience, and comfort systems in the automobile industry, among other factors driving the system basis chip market (SBC). In the forecast period, rising demand for hybrid and electric vehicles will create new opportunities for system basis chip (SBC).

• Growing adoption from variety of applications

The global system basis chip (SBC) market is expected to grow significantly. This is due to rising demand in a variety of application sectors, including automotive, industrial, and medical. The rise in global automobile production is driving up demand for system basis chip (SBC) and related components. Continuous technological innovation has increased the demand for global differential sensors in industrial, military, and defence applications.

Opportunity

Growing penetration of electric and hybrid vehicles around the world is creating huge demand for developing the global system basis chip (SBC) market. Growing demand from developing countries, especially India and China, further cushioning market growth.

Restraints

Maintaining a balance between cost and product quality, as well as cost concerns that limit the installation of new features in vehicles, are the major factors acting as restraints, and will further challenge the system basis chip (SBC) in the forecast period mentioned above.

This system basis chip (SBC) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the system basis chip (SBC) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on System Basis Chip (SBC) Market

The COVID-19 pandemic outbreak resulted in a temporary ban on import and export, as well as manufacturing and processing activities across various industries in the automotive sector, which reduced consumer demand for system basis chip (SBC) market, including portable electronics and electric vehicles. Furthermore, the shutdown of renewable energy plants and consumer electronics manufacturing industries due to a lack of workers, as well as an increase in the demand-supply gap, impede the growth of the system basis chip (SBC) market during the pandemic period. This will have a negative impact on market growth in the second, third, and fourth quarters of 2020. However, by the second quarter of 2021, the solid-state battery market had recovered, as COVID-19 vaccination had begun in various economies around the world, improving the global economy.

Global System Basis Chip (SBC) Market Scope

The System Basis Chip (SBC) market is segmented on the basis of vehicle type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Vehicle type

• Passenger Cars
• HCVs
• Autonomous Vehicles
• LCVs
• AGVs

Application

• Powertrain
• Safety
• Chassis
• Body Electronics
• Telematics
• Infotainment

System Basis Chip (SBC) Market Regional Analysis/Insights

The system basis chip (SBC) market is analysed and market size insights and trends are provided by country vehicle type and application as referenced above.

The countries covered in the system basis chip (SBC) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the system basis chip (SBC) due to the increased demand for premium cars along with high semiconductor content because of the high standard of living and high per capita income in the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and System Basis Chip (SBC) Market Share Analysis

The system basis chip (SBC) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to system basis chip (SBC) market.

Some of the major players operating in the system basis chip (SBC) market are:

• NXP Semiconductor NV (Netherlands)
• Infineon Technologies AG (Germany)
• Texas Instruments, Inc (U.S.)
• STMicroelectronics NV (Switzerland)
• ON Semiconductor Corp (U.S.)
• Atmel Corporation (U.S.)
• Microchip Technology Inc (U.S.)
• Elmos Semiconductor AG (Germany
• Melexis Semiconductors (Belgium)
• Robert Bosch GmbH (Germany)