SerDes Chipsets for Automotive Applications Market Research Report By Technology (PCI Express, USB, Ethernet, HDMI, DisplayPort), By Data Rate ( 10 Gb/s, 10 to 25 Gb/s, 25 to 50 Gb/s, > 50 Gb/s), By Automotive Application (Advanced Driver Assistance Systems (ADAS), Autonomous Driving, In-Vehicle Infotainment (IVI), Telematics), By End Device (Data Centers, Telecommunications, Industrial Automation, Automotive), By SerDes Protocol (NRZ, PAM4, Duobinary, CPFSK) and By Regional (North America, Europe, South America, Asia Pacific, Middle Ea

SerDes Chipsets for Automotive Applications Market Overview:

As per MRFR analysis, the SerDes Chipsets for Automotive Applications Market size was estimated at 0.91 (USD Billion) in 2022. The SerDes Chipsets for Automotive Applications Market industry is expected to grow from 1.0 (USD Billion) in 2023 to 2.21 (USD Billion) by 2032. The SerDes Chipsets for Automotive Applications Market CAGR (growth rate) is expected to be around 9.25% during the forecast period (2024-2032).

Key SerDes Chipsets for Automotive Applications Market Trends Highlighted

The global automotive SerDes chipsets market is poised for significant growth, driven by the increasing demand for advanced driver-assistance systems (ADAS), infotainment systems, and autonomous driving technologies. The market is also fueled by the rising adoption of electric and hybrid vehicles, which require high-speed data transmission for various applications. As vehicle manufacturers strive to enhance safety, comfort, and connectivity, the demand for SerDes chipsets is expected to surge.

Key market drivers include the growing adoption of 5G technology, which enables faster and more reliable data transmission, and the increasing integration of sensors and cameras in vehicles. Additionally, government regulations mandating ADAS and autonomous driving features are expected to drive demand for SerDes chipsets.

Recent trends include the increasing adoption of multi-gigabit SerDes chipsets, which offer higher bandwidth and reduced latency for demanding automotive applications. The market is also witnessing the emergence of automotive-grade SerDes chipsets, designed to meet the specific requirements of harsh automotive environments, including extreme temperatures and vibrations.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

SerDes Chipsets for Automotive Applications Market Drivers

Rising Demand for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles

The SerDes Chipsets for Automotive Applications Market has been identified as an industry that will experience significant growth over the next five years as a result of the increased adoption of ADAS and autonomous vehicles. These systems rely on high-speed data transmission between sensors, cameras, and other electronic components, and SerDes chipsets play an important role in ensuring that signals are transmitted reliably and efficiently on the vehicle’s network.Therefore, the growth of the SerDes Chipsets for Automotive Applications Market will be closely linked to that of the ADAS and autonomous vehicles.

Growing Adoption of Electric Vehicles

The growing adoption of electric vehicles (EVs) is another key driver of growth for the SerDes Chipsets for Automotive Applications Market. EVs require specialized electronic components that can handle the high-power and high-frequency requirements of electric motors and battery systems. SerDes chipsets are essential for enabling fast and reliable data transmission between these components, ensuring optimal performance and efficiency of the EV powertrain.As the global EV market continues to expand, the demand for SerDes Chipsets for Automotive Applications Market is expected to increase.

Increasing Demand for In-Vehicle Connectivity and Infotainment Systems

The increasing emphasis on vehicle connectivity and infotainment services is anticipated to augment the demand in the coming years. Modern vehicles are being equipped with an array of infotainment services such as navigation, streaming media, and integration for mobile devices, for all of which high-speed data transfer between different electronic  modules are essential. SerDes chipsets provide the feasibility of carrying out such high-bandwidth applications, which offers a reliable and smooth connectivity experience for the passengers.

SerDes Chipsets for Automotive Applications Market Segment Insights:

SerDes Chipsets for Automotive Applications Market Technology Insights   

The five types of technology in the market are PCI Express, USB, Ethernet, HDMI, and DisplayPort. In 2023, PCI Express will control this segment with a revenue share close to 40%. The dominance may be due to the technology’s ability to handle high data transfer predictably speed and low latency. Thus PCI Express is suitable for automotive applications because it is fast in transferring data. At the same time, USB may have a huge share of the market as it is common in all automotive infotainment systems. As for the ethernets, their growth in the market cannot be disputed because of their ability to handle high-speed data and their reliability.Moreover, HDMI and DisplayPort are acceptable significantly in the automotive market due to the need to transmit high-quality videos with their audio pats. The demand for these technologies is likely to rise in the future because of the increasing use of ADAS and autonomous driving.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

SerDes Chipsets for Automotive Applications Market Data Rate Insights   

The data rate segment of the SerDes Chipsets for Automotive Applications Market is expected to witness significant growth in the coming years. The increasing demand for high-speed data transmission in automotive applications is driving the growth of this segment. In 2023, the ' 10 Gb/s' data rate segment accounted for the largest share of the market, at around 45%. However, the '10 to 25 Gb/s' and '25 to 50 Gb/s' segments are expected to grow at a faster CAGR during the forecast period, as automotive applications require higher bandwidth for features such as autonomous driving and advanced driver assistance systems (ADAS).The '> 50 Gb/s' segment is still in its early stages of development, but it is expected to gain traction in the coming years as automotive applications become more sophisticated.

SerDes Chipsets for Automotive Applications Market Automotive Application Insights   

The automotive segment held the largest market share in 2023 and is expected to continue its dominance throughout the forecast period. The increasing adoption of advanced driver assistance systems (ADAS), autonomous driving, in-vehicle infotainment (IVI), and telematics is driving the growth of the automotive segment. ADAS, which includes features such as lane departure warning, adaptive cruise control, and automatic emergency braking, is becoming increasingly common in new vehicles. These systems rely on high-speed data transmission, which is made possible by SerDes chipsets.Autonomous driving is another major growth area for the automotive segment. As autonomous vehicles become more sophisticated, they will require even more data bandwidth to process sensor data and make decisions. IVI systems are also becoming increasingly popular, as they offer drivers a variety of entertainment and information options. These systems also rely on high-speed data transmission to deliver a seamless user experience. Telematics systems, which allow vehicles to communicate with each other and with infrastructure, are also expected to drive the growth of the automotive segment.

SerDes Chipsets for Automotive Applications Market End Device Insights   

The End Device segment of the SerDes Chipsets for Automotive Applications Market is expected to witness significant growth in the coming years, driven by the increasing demand for high-speed data transmission in various end-use industries. Among the end devices, Data Centers are anticipated to hold the largest market share in 2023, owing to the rising need for high-performance computing and cloud-based services. Telecommunications is another key end device segment, showcasing promising growth prospects due to the increasing deployment of 5G networks and fiber optic infrastructure.Industrial Automation is also expected to contribute significantly to the market growth, driven by the adoption of Industry 4.0 and the growing need for automation in manufacturing and process industries. Automotive is another end device segment that is expected to witness notable growth, fueled by the increasing demand for advanced driver assistance systems (ADAS) and autonomous vehicles.

SerDes Chipsets for Automotive Applications Market SerDes Protocol Insights   

The SerDes Protocol segment of the SerDes Chipsets for Automotive Applications Market is expected to witness significant growth in the coming years, driven by increasing demand for high-performance, low-latency connectivity solutions in automotive applications. Among the different protocols, NRZ remains the most widely used due to its simplicity and cost-effectiveness. However, PAM4 is gaining traction due to its ability to double the data rate without increasing the bandwidth. In 2024, the SerDes Chipsets for Automotive Applications Market for NRZ is projected to reach USD 0.45 billion, while the PAM4 segment is expected to grow at a CAGR of 12.5% to reach USD 0.22 billion by 2032.Duobinary and CPFSK protocols are also expected to contribute to market growth, albeit to a lesser extent.

SerDes Chipsets for Automotive Applications Market Regional Insights   

The regional segmentation of the SerDes Chipsets for Automotive Applications Market offers valuable insights into the market's geographic distribution and growth potential. North America is projected to dominate the market with a substantial revenue share in 2023, owing to the presence of key automotive manufacturers and a high demand for advanced automotive technologies. Europe is expected to follow closely, driven by increasing government regulations for vehicle safety and environmental sustainability. The APAC region is anticipated to witness significant growth due to rising automotive production and the adoption of autonomous driving technologies.South America and MEA are expected to contribute a smaller share to the global market, but they are projected to experience steady growth in the coming years. These regional insights are crucial for businesses operating in the SerDes Chipsets for Automotive Applications Market, as they help them tailor their strategies and target specific geographic markets to maximize their growth opportunities.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

SerDes Chipsets for Automotive Applications Market Key Players And Competitive Insights:

The SerDes Chipsets for Automotive Applications Market is highly dynamic with increased competition among market players across regions. Major market players are innovating and producing new products and technologies to gain a competitive edge. Further, key players in the market are focusing on expansions and strategic acquisitions across regions.

The market includes well-established players as well as emerging entrants leading to high competition. Moreover, prominent companies in the market are making enormous investments in research and development to improve their product lines and meet the customer requirements of the changing times. For instance, Texas Instruments is one of the prominent companies in the market that has a huge line of automotive SerDes chipsets designed with high quality and performance based on the needs of various automotive applications. These automotive SerDes chipsets from Texas Instruments using less power and are completely reliable. The key success factors of Texas Instruments are massive research investments, innovations, and strategic expansion across regions.

Analog Devices is another major company in the SerDes Chipsets for Automotive Applications Market that has a wide range of highly integrated automotive SerDes chipsets including wide ranges of automobile applications. Analog Devices’ SerDes chipsets are designed in such a way that it enables high-speed data transmission, less latency, and less power consumption.

Key Companies in the SerDes Chipsets for Automotive Applications Market Include:

• Maxim Integrated


• Texas Instruments


• Analog Devices


• Silicon Labs


• Wolfspeed


• IDT


• Integneous Technologies


• STMicroelectronics


• Microchip Technology


• Renesas Electronics


• Broadcom


• Semtech


• NXP Semiconductor


• SK Hynix


• Cypress Semiconductor

SerDes Chipsets for Automotive Applications Market Developments

The SerDes Chipsets for Automotive Applications Market is projected to grow from USD 1.0 billion in 2023 to USD 2.21 billion by 2032, at a CAGR of 9.25% from 2024 to 2032. Increasing demand for autonomous vehicles, growing adoption of advanced driver assistance systems (ADAS), and the rising popularity of electric vehicles are driving the market growth.

Key market players include Broadcom, Marvell Technology, Texas Instruments, and ON Semiconductor. Recent developments include the launch of new products, such as the MAX9295 SerDes chipset from Maxim Integrated, and strategic partnerships, such as the collaboration between NXP Semiconductors and Qualcomm to develop automotive-grade SerDes solutions.

SerDes Chipsets for Automotive Applications Market Segmentation Insights

• SerDes Chipsets for Automotive Applications MarketTechnology Outlook


• PCI Express


• USB


• Ethernet


• HDMI


• DisplayPort

• SerDes Chipsets for Automotive Applications MarketData Rate Outlook


• 10 Gb/s  


• 10 to 25 Gb/s


• 25 to 50 Gb/s


• > 50 Gb/s

• SerDes Chipsets for Automotive Applications MarketAutomotive Application Outlook


• Advanced Driver Assistance Systems (ADAS)


• Autonomous Driving


• In-Vehicle Infotainment (IVI)


• Telematics

• SerDes Chipsets for Automotive Applications MarketEnd Device Outlook


• Data Centers


• Telecommunications


• Industrial Automation


• Automotive

• SerDes Chipsets for Automotive Applications MarketSerDes Protocol Outlook


• NRZ


• PAM4


• Duobinary


• CPFSK

• SerDes Chipsets for Automotive Applications MarketRegional Outlook


• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa