Forecast: 2025 Q3 Automotive Semiconductor TAM by OEM Group

Xiaomi leads automotive semiconductor demand growth with 46% CAGR to 2029, as BYD gains share and overtakes Toyota by 2026.

This market forecast report shows that Xiaomi will be the fastest-growing OEM for automotive semiconductor demand, with a CAGR of 46% expected from 2024 to 2029. BYD will gain the most share of demand. Toyota Group is currently the largest single consumer of semiconductors but is expected to lose its crown to BYD in 2026. This report details how automotive semiconductor demand will split out by each major carmaker group, application domain (ADAS, Body, Chassis, Conv. Engine Control, Conv. Safety, Driver Info, HEV/EV, Transmission, Zonal) and semiconductor type (ASIC, Linear, Memory, Opto, Power, Processor, Sensor, Small-signal, Others).