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The Global Semiconductor Chip Shortage Crisis and Its Effects on the Automotive Industry
About 1.38 Million Fewer Units Were Produced in Q1 2021 Due to Shutdowns and Production Slowdowns Arising from the Chip Shortage. The Situation Could Worsen, and Production is Likely to Reduce by a Further 2.40 Million Units in Q2 2021
02-Jul-2021
Global
Market Research
PBE6-01-00-00-00
AU02175-GL-MT_25551
$2,450.00
Special Price $1,837.50 save 25 %
The rising trend of the electrification of vehicles has increased automakers’ dependency on semiconductor chips, making them a critical component in new-gen cars. Toward the end of 2020, the global shortage of semiconductor chips forced many OEMs to temporarily suspend vehicle production or reduce the working shifts in their factories. Leading OEMs such as Honda, Toyota, Ford, GM, and Nissan were among the few to adjust their factory operations. Substantial investments are being made in the semiconductor industry on a global scale; this is being done to ramp-up semiconductor chip production to meet the growing demand from the auto industry and to strengthen local production.
This Frost & Sullivan study provides an overview of the global automotive semiconductor chip industry; examines chip manufacturers and the role they play in this industry; and analyzes the ongoing chip shortage crisis. The study elucidates the key issues that auto OEMs face pertaining to chip demand and supply. It also examines the current state of the market and discusses market participants’ plans to adapt to the changes in technology, particularly in terms of chip dependence, system design, and supply chains.
By providing a comprehensive overview of the industry from multiple perspectives, this research service seeks to:
• Capture the current market scenario
• Identify the major manufacturers and consumers of chips
• Understand the chip shortage crisis and how can it be solved
• Comprehend and analyze the current scale and effects of the crisis
• Identify OEM risk mitigation strategies and best practices
From an automotive and transportation standpoint, this study provides a global outlook of the ongoing crisis and analyzes its impact on OEMs, Tier I companies, and semiconductor manufacturers.
This study takes a deep dive into the auto chip ecosystem and the best practices adopted by some OEMs to deal with the crisis; it also recommends risk mitigation strategies to handle future crises.
Key Issues Addressed
- What is the current state of the industry/market?
- Which factors and trends are fueling the auto chip shortage and leading to an industry-wide crisis?
- What is the extent of the impact on the various stakeholders in the value chain?
- Who are the major semiconductor chip suppliers?
- What strategies are the leading OEMs following, that is, the ones least impacted by the ongoing chip shortage?
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the Automotive Semiconductor Chip Market
Growth Opportunities Fuel the Growth Pipeline Engine™
Snapshot of the Current State of the Market
Increasing Use of Electronics in the Automotive Industry
Automotive Semiconductor Chip Value Chain
The Global Automotive Semiconductor Chip Shortage—An Ongoing Crisis
How and When the Global Chip Shortage Crisis Began—A Timeline
Impact of the Semiconductor Chip Shortage on the Automotive Industry
Factors Affecting Semiconductor Chip Supply to Automotive OEMs
Pandemic-induced Border Shutdowns and Their Impact
OEM and Chip Suppliers’ Inventory, Demand, and Supply Chain Mismanagement
Weather Factors—The Texas Winter Storm
Other Special Circumstances—The Fire Outbreak at the Renesas Factory
Disruptions to Air and Sea Freight
End-market Exposure of the Major Automotive Semiconductor Chip Suppliers
Key Regions for Automotive Semiconductor Chip Manufacturing
Key Manufacturers and Their Customers—The United States
Key Manufacturers and Their Customers—Europe
Key Manufacturers and Their Customers—Japan
Key Manufacturers and Their Customers—Taiwan
Key Manufacturers and Their Customers—South Korea
Key Manufacturers and Their Customers—China
Automotive Supply Chain Bottlenecks Caused by Major Foundries
New Investments and M&As
Impact of the Semiconductor Chip Shortage on Vehicle Production
Impact of the Semiconductor Chip Shortage on Automotive Industry Revenue Generation
Overview—Impact of the Chip Shortage on OEMs (North America)
Overview—Impact of the Chip Shortage on OEMs (Europe)
OEM Impact Analysis
Volkswagen
Honda
Renault-Nissan-Mitsubishi
Stellantis
Ford
GM
Toyota Thrives While Other Companies Languish
Hyundai-Kia Purchased Chips While Others Companies Did Not
The Tesla Element—An Effective Business Model?
The Chip Shortage—It is Not an Individual Crisis; It is an Industry Crisis
The Chip Shortage—Necessitating a Change in the Automotive Industry
Structural Changes in Semiconductor Chip Procurement
Business Continuity Plans to Overcome Disruptions
Vertical Integration as a Long-term Solution
Growth Opportunity 1: Manufacturing Capacity Expansion and Demand Management Optimization
Growth Opportunity 1: Manufacturing Capacity Expansion and Demand Management Optimization (continued)
Growth Opportunity 2: Auto Semiconductor Chip Crisis Dictates Need for In-depth Industry Collaboration
Growth Opportunity 2: Auto Semiconductor Chip Crisis Dictates Need for In-depth Industry Collaboration (continued)
Growth Opportunity 3: Impact of the Chip Shortage Crisis on Vehicle Production and Sales
Growth Opportunity 3: Impact of the Chip Shortage Crisis on Vehicle Production and Sales (continued)
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Key Issues Addressed
- What is the current state of the industry/market?
- Which factors and trends are fueling the auto chip shortage and leading to an industry-wide crisis?
- What is the extent of the impact on the various stakeholders in the value chain?
- Who are the major semiconductor chip suppliers?
- What strategies are the leading OEMs following, that is, the ones least impacted by the ongoing chip shortage?
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Sujith Unnikrishnan |
| Industries | Automotive |
| WIP Number | PBE6-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9800-A6 |