About Automotive SoCs
The automotive industry has been aggressively using digital technologies trying to enhance the driving experience and maximize productivity. An Automotive SOC is an in-house or outsourced function involving people, processes, and technology that continuously monitors, investigates, and improves the security posture of fleets. security operations centre (SOC) for automotive. A service providing full visibility, detection and response to threats that target their connected cars and associated services. Top vendors are looking forward to extending the Prescriptive SOC concept into the Connected Cars world thus the demand for the Automotive SoCs is booming.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Automotive SoCs market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Xilinx (United States), Microchip Technology (Arizona) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Automotive SoCs market by , Application (Automated Driving Or ADAS, Connected Gateway, In-vehicle Infotainment, Cockpit, Dashboard and Others) and Region.
On the basis of geography, the market of Automotive SoCs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vehicle type, the sub-segment i.e. Passenger Cars will boost the Automotive SoCs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Analog ICs will boost the Automotive SoCs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The demand for advanced features and technology integration in vehicles such as the use of and The use of machine-learning-based SoC designs
Market Growth Drivers:
The rise of car sales is driven by the demand for advanced features and technology integration in the vehicles.
Challenges:
Offering Automotive SoCs technologies with security bugs on top of the intrinsic security risk related to its functions
Restraints:
Rapid evolution needs high costs
Opportunities:
Increasing disposable incomes and rising middle-class population are the major factors that are driving the sales of passenger cars in emerging markets
Market Leaders and their expansionary development strategies
In January 2024, Intel expanded its repertoire further into automotive Tuesday with a deal to acquire Silicon Mobility, a fabless silicon and software company that makes SoCs for EV energy management.That acquisition news came alongside another Intel announcement of a family of AI-enhanced software defined vehicle SoCs with Zeekr to be the first OEM to adopt that new SoC for next-generation cars that deliver “living room experiences
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.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Automotive SoCsManufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.