Unlock What Growth Automotive SoCs Market May See in Future; Participants Still Eyeing Growth in Market

Automotive SoCs Market Latest Edition Published with Forecast to 2030
The article cited AMA's Global Automotive SoCs Market Study explored substantial growth with CAGR of %. According the report, The demand for advanced features and technology integration in vehicles such as the use of is one of the primary growth factors for the market. The rise of car sales is driven by the demand for advanced features and technology integration in the vehicles. is also expected to contribute significantly to the Automotive SoCs market. Overall, Automated Driving Or ADAS applications of Automotive SoCs, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Infineon Technologies AG (Germany), Intel Corporation (United States), NEC Corporation (Japan), NVIDIA Corporation (United States), NXP Semiconductors N.V. (Netherlands), Qualcomm Incorporated (United States), Renesas Electronics Corporation (Japan), STMicroelectronics N.V. (Switzerland), Texas Instruments Incorporated (United), Telechips, Inc. (South Korea), ON Semiconductor (United States) and Renesas Electronics Corporation (Japan) may see astonishing sales in this Market and certainly improve revenue growth.

The Vehicle type, such as Passenger Cars, is boosting the Automotive SoCs market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Component, such as Analog ICs, is boosting the Automotive SoCs market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Automotive SoCs market identified that the demand is rising in many different parts of the world as "Increasing disposable incomes and rising middle-class population are the major factors that are driving the sales of passenger cars in emerging markets". Furthermore, some recent industry insights like "In May 2020 Omni vision launches automotive soc for entry-level rearview cameras. In combination with onscreen display overlays, curve distortion correction, 120db hdr and low noise, a single-chip image sensor and signal processor enables image quality and small modules. The company announced the OX01E10 SoC designed to provide automotive designers with imaging performance for entry-level rearview cameras (RVC). The OX01E10’s image sensor is built on the parcel Plus pixel architecture." is constantly making the industry dynamic. One of the challenges that industry facing is "Offering Automotive SoCs technologies with security bugs on top of the intrinsic security risk related to its functions"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Automotive SoCs market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Automotive SoCs market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Automotive SoCs market tight?
• Which application/end-user category or Product Type [] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Automotive SoCs market and other related sub-markets covered in the study.

o Key & emerging players in the Automotive SoCs market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Automotive SoCs market size is calculated using market estimation process, the Automotive SoCs market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Automotive SoCs market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

Head & Director of Sales