The Business Research Company’s report on the Automotive Grade Smart Cockpit System-On-Chip (SoC) Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the automotive grade smart cockpit system-on-chip (soc) market in recent years?
The rising demand for advanced driver assistance systems is expected to propel the automotive grade smart cockpit system-on-chip (SoC) market going forward. Advanced driver assistance systems (ADAS) are vehicle technologies aimed at improving safety and driving performance with features such as automatic braking, lane-keeping support, and collision prevention. The rising demand for advanced driver assistance systems (ADAS) is driven by factors such as rising road safety concerns, government regulations, consumer preference for safety features, and growth in autonomous and electric vehicles. An automotive-grade smart cockpit System-on-Chip (SoC) enhances advanced driver assistance systems (ADAS) by enabling real-time data processing, sensor fusion, and intelligent decision-making for safer and more efficient driving. For instance, in October 2023, according to the Department for Science, Innovation, and Technology (DSIT), a UK-based government department, by 2035, nearly 40% of vehicles on UK roads may be equipped with self-driving technology. Therefore, the rising demand for advanced driver assistance systems is driving the growth of the automotive grade smart cockpit system-on-chip (SoC) market.
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What is the projected market size of the automotive grade smart cockpit system-on-chip (soc) industry, and how is it expected to grow?
The automotive grade smart cockpit system-on-chip (SoC) market size has grown rapidly in recent years. It will grow from $3.14 billion in 2024 to $3.55 billion in 2025 at a compound annual growth rate (CAGR) of 13.1%. The growth in the historic period can be attributed to the rising expectations of the consumer, a growing number of connected cars, increased safety features, demand for advanced in-car infotainment and connectivity solutions, and a focus on user-centric design.
The automotive grade smart cockpit system-on-chip (SoC) market size is expected to see rapid growth in the next few years. It will grow to $5.75 billion in 2029 at a compound annual growth rate (CAGR) of 12.8%. The growth in the forecast period can be attributed to rising of over the air updates, regulatory push for enhanced vehicle safety standards, growth in self driving and electrified cars, increasing adoption of AI and ML in automotive applications, and rising demand for advanced driver assistance systems. Major trends in the forecast period include advanced driver assistance systems, development of networked automobiles, AI integration, gesture control and touchscreen displays, innovations in human-machine interface, and development of new automotive connectivity technologies.
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Who are the key players driving competition in the automotive grade smart cockpit system-on-chip (soc) market?
Major companies operating in the automotive grade smart cockpit system-on-chip (SoC) market are Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Intel Corporation, Qualcomm Technologies Inc., Continental AG, NVIDIA Corporation, Texas Instruments Incorporated, MediaTek Inc., STMicroelectronics NV, Infineon Technologies AG, NXP Semiconductors, Analog Devices Inc., Renesas Electronics Corporation, ECARX, ROHM Semiconductor, UNISOC(Shanghai)Technologies Co. Ltd., Monolithic Power Systems Inc., SiEngine Technology Co. Ltd., Telechips Inc., Harman International, Nanjing SemiDrive Technology Ltd.
What key trends are expected to drive the auto repair software market during the forecast period?
Major companies operating in the automotive grade smart cockpit system-on-chip (SoC) market are focusing on developing advanced artificial intelligence (AI)-powered automotive systems-on-chip (SoCs) to support real-time data processing for infotainment and connectivity applications. AI-powered automotive systems-on-chip (SoCs) are integrated circuits that process large volumes of data from sensors, cameras, and other sources, enabling enhanced vehicle performance, safety, and user experience. For instance, in March 2024, MediaTek, a US-based semiconductor company, launched Dimensity Auto Cockpit chipsets for the next generation of intelligent vehicles. It is equipped with advanced Armv9-A CPUs and NVIDIA RTX graphics and offers exceptional performance for deep learning applications. The integration of the NVIDIA Deep Learning Accelerator (DLA) enables efficient execution of large language models (LLMs) at the edge, powering AI capabilities such as natural language processing and conversational AI within the vehicle. Supporting multiple interior displays, including pillar-to-pillar and ultra-wide configurations, as well as independent multimedia streams, these chipsets deliver an immersive and dynamic infotainment experience for all passengers.
Which key geographies are driving the growth of the automotive grade smart cockpit system-on-chip (soc) market?
Asia-Pacific was the largest region in the automotive grade smart cockpit system-on-chip (SoC) market in 2024 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive grade smart cockpit system-on-chip (SoC) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the key segments driving growth in the automotive grade smart cockpit system-on-chip (soc) market?
The automotive grade smart cockpit system-on-chip (SoC) market covered in this report is segmented –
1) By Product: Infoainment System-On-Chip (SoC), Instrument Cluster System-On-Chip (SoC), Advanced Driver Assistance Systems (ADAS) System-On-Chip (SoC), Other Products
2) By Technology: Three-Dimensional (3D) Graphics, Artificial Intelligence, Voice Recognition, Connectivity, Other Technologies
3) By Application: Passenger Cars, Commercial Vehicles
Subsegments:
1) By Infotainment System-On-Chip (SoC): Multimedia Processing SoC, Connectivity And Communication SoC, AI-Powered Voice Recognition SoC, Navigation And GPS SoC
2) By Instrument Cluster System-On-Chip (SoC): Digital Dashboard SoC, Hybrid Cluster SoC, Real-Time Data Processing SoC, High-Resolution Display SoC
3) By Advanced Driver Assistance Systems (ADAS) System-On-Chip (SoC): Vision Processing And Sensor Fusion SoC, AI-Based Object Detection And Recognition SoC, Radar And LiDAR Processing SoC, Autonomous Driving Assistance SoC
4) By Other Products: Electric Vehicle (EV) Smart Cockpit SoC, Augmented Reality (AR) Head-Up Display (HUD) SoC, Gesture Control And Haptics SoC, Cloud-Connected Telematics SoC
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How is the automotive grade smart cockpit system-on-chip (soc) market defined, and what are its core characteristics?
An automotive-grade smart cockpit system-on-Chip (SoC) is a high-performance, integrated semiconductor solution designed to power advanced in-vehicle infotainment, digital dashboards, driver assistance, and connectivity features in modern automobiles. These SoCs are engineered to meet the stringent reliability, safety, and performance standards required for automotive applications.
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