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Global Automotive SoC Market to reach USD 69.78 billion by the end of 2030.

Global Automotive SoC Market Size Study & Forecast, by Vehicle Type (Passenger Cars, Commercial Vehicles) by Application (Infotainment Systems SOCs, ADAS SOCs, Others) and Regional Analysis, 2023-2030

Product Code: NA
Publish Date: 29-02-2024
Page: 200

Global Automotive SoC Market is valued approximately USD 39.69 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.56% over the forecast period 2023-2030. Automotive SoC (System-on-Chip) is an integrated circuit that combines multiple functions and components required for automotive applications onto a single chip. These SoCs are specifically designed to meet stringent requirements of the automotive industry, including reliability, durability, and safety.

They play a crucial role in the development of advanced automotive electronics and contribute to the evolution of modern vehicles. Key factors driving the market growth is increasing number of connected vehicles, surging demand for electric vehicles, and rising emergence of advance vehicle safety features in automobiles that anticipated to support the market growth.

Global Automotive SoC Market

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Additionally, the increasing number of connected vehicles is a significant driver for the growth of the Automotive System-on-Chip (SoC) market. As vehicles become more connected, incorporating advanced features such as telematics, infotainment systems, and advanced driver assistance systems (ADAS), the demand for powerful and efficient processing capabilities rises. Automotive SoCs play a pivotal role in meeting these demands by integrating multiple functions onto a single chip. According to Statista, the United States witnessed 84.32 million connected cars on its roads in 2021, while China had 67.98 million. Projections suggest that these numbers are set to soar to 217 million and 169.12 million for the United States and China, respectively, by the year 2030.

This surge in connected car adoption is expected to create the lucrative opportunities for the market throughout the projected period. Moreover, the supportive government initiatives towards advance safety features in automobiles, and technological advancements in self-driving cars and semi-autonomous vehicles is anticipated to create the lucrative opportunity fort the market during projected period. However, the high development cost associated to automotive SoCs, and risk of functional complexities due to data breach stifles market growth throughout the forecast period of 2023-2030.

Global Automotive SOC Market is segmented into by Vehicle Type, by Application. By Vehicle Type sub segment, Passenger vehicle is leading the global revenue generated by Vehicle Type segment and expected to lead the growth in the future years. The rising adoption of connected cars has significantly fueled the growth of the Automotive SoC (System-on-Chip) Market in the passenger cars segment. Connected cars, equipped with advanced features such as infotainment systems, navigation services, and real-time communication capabilities, rely heavily on advanced electronic components, with SoCs playing a pivotal role. These integrated circuits consolidate various functions, including processing power, memory, and communication interfaces, into a single chip, enhancing the overall efficiency of the vehicle’s electronic systems.

Application segment includes, Infotainment Systems SOCs, ADAS SOCs, and Others. In which Infotainment System SOCs is leading the global revenue share generated by application segment and expected to remain leading sub segment in the forecast years. Automotive Infotainment Systems is a multimedia interfaces installed in vehicles to provide entertainment, information, and connectivity features to both drivers and passengers. These systems typically include components such as audio and video playback, navigation, smartphone integration, communication interfaces, and internet connectivity. The SoCs technology plays a crucial role in the development and functionality of these infotainment systems.


The key regions considered for the Global Automotive SoC Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022. Also, it is expected to grow with the highest CAGR during the forecast period, owing to factors such as the growing adoption of electric vehicles, cohesive government initiatives and regulations, growing rapid technological advancements, rising automotive industry, and growing connected and autonomous vehicles in the region that anticipated to support the market growth during projected period.


Major market player included in this report are:

Texas Instruments Incorporated

Infineon Technologies AG

Intel Corporation

NVIDIA Corporation

Qualcomm Technologies, Inc.


Telechips, Inc.

NXP Semiconductors

ON Semiconductor Corporation

Renesas Electronics Corporation


Recent Developments in the Market:

  • In Jan. 2023, NXP Semiconductors revealed the SAF85xx, an advanced 28nm RFCMOS radar one-chip IC family, catering to advanced driver-assistance systems (ADAS) and autonomous driving. This innovative solution integrates NXP’s top-tier radar sensing and processing technologies into a singular device, providing unprecedented flexibility for tier-one suppliers and original equipment manufacturers (OEMs). The SAF85xx addresses diverse radar applications, spanning short to long ranges, crucial for meeting stringent safety standards like those set by NCAP. This addition enhances NXP’s prominent radar portfolio, solidifying its position in the rapidly evolving landscape of automotive safety and autonomous driving technologies.


Global Automotive SoC Market Report Scope:

Report Attributes

Historical Data 2020 – 2021
Base Year for Estimation 2022
Forecast period 2023-2030
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Vehicle Type, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:


By Vehicle Type:

Passenger Cars

Commercial Vehicles

By Application:

Infotainment Systems SOCs




By Region:

North America










Asia Pacific





South Korea


Latin America



Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa

Chapter 1.              Executive Summary

  • Market Snapshot
  • Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
    • Automotive SoC Market, by Region, 2020-2030 (USD Billion)
    • Automotive SoC Market, by Vehicle Type, 2020-2030 (USD Billion)
    • Automotive SoC Market, by Application, 2020-2030 (USD Billion)
  • Key Trends
  • Estimation Methodology
  • Research Assumption

Chapter 2.              Global Automotive SoC Market Definition and Scope

  • Objective of the Study
  • Market Definition & Scope
    • Industry Evolution
    • Scope of the Study
  • Years Considered for the Study
  • Currency Conversion Rates

Chapter 3.              Global Automotive SoC Market Dynamics   

  • Automotive SoC Market Impact Analysis (2020-2030)
    • Market Drivers
      • Increasing number of connected vehicles
      • Surging demand for electric vehicles
      • Rising emergence of advance vehicle safety features in automobiles
    • Market Challenges
      • High development cost associated to automotive SoCs
      • Risk of functional complexities due to data breach
    • Market Opportunities
      • Supportive government initiatives towards advance safety features in automobiles
      • Technological advancements in self-driving cars and semi-autonomous vehicles

Chapter 4.              Global Automotive SoC Market Industry Analysis

  • Porter’s 5 Force Model
    • Bargaining Power of Suppliers
    • Bargaining Power of Buyers
    • Threat of New Entrants
    • Threat of Substitutes
    • Competitive Rivalry
  • Porter’s 5 Force Impact Analysis
  • PEST Analysis
    • Political
    • Economical
    • Social
    • Technological
    • Environmental
    • Legal
  • Top investment opportunity
  • Top winning strategies
  • COVID-19 Impact Analysis
  • Disruptive Trends
  • Industry Expert Perspective
  • Analyst Recommendation & Conclusion

Chapter 5.              Global Automotive SoC Market, by Vehicle Type

  • Market Snapshot
  • Global Automotive SoC Market by Vehicle Type, Performance – Potential Analysis
  • Global Automotive SoC Market Estimates & Forecasts by Vehicle Type 2020-2030 (USD Billion)
  • Automotive SoC Market, Sub Segment Analysis
    • Passenger Cars
    • Commercial Vehicles

Chapter 6.              Global Automotive SoC Market, by Application

  • Market Snapshot
  • Global Automotive SoC Market by Application, Performance – Potential Analysis
  • Global Automotive SoC Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
  • Automotive SoC Market, Sub Segment Analysis
    • Infotainment Systems SOCs
    • ADAS SOCs
    • Others

Chapter 7.              Global Automotive SoC Market, Regional Analysis

  • Top Leading Countries
  • Top Emerging Countries
  • Automotive SoC Market, Regional Market Snapshot
  • North America Automotive SoC Market
    • U.S. Automotive SoC Market
      • Vehicle Type breakdown estimates & forecasts, 2020-2030
      • Application breakdown estimates & forecasts, 2020-2030
    • Canada Automotive SoC Market
  • Europe Automotive SoC Market Snapshot
    • UK Automotive SoC Market
    • Germany Automotive SoC Market
    • France Automotive SoC Market
    • Spain Automotive SoC Market
    • Italy Automotive SoC Market
    • Rest of Europe Automotive SoC Market
  • Asia-Pacific Automotive SoC Market Snapshot
    • China Automotive SoC Market
    • India Automotive SoC Market
    • Japan Automotive SoC Market
    • Australia Automotive SoC Market
    • South Korea Automotive SoC Market
    • Rest of Asia Pacific Automotive SoC Market
  • Latin America Automotive SoC Market Snapshot
    • Brazil Automotive SoC Market
    • Mexico Automotive SoC Market
  • Middle East & Africa Automotive SoC Market
    • Saudi Arabia Automotive SoC Market
    • South Africa Automotive SoC Market
    • Rest of Middle East & Africa Automotive SoC Market


Chapter 8.              Competitive Intelligence

  • Key Company SWOT Analysis
    • Texas Instruments Incorporated
    • Intel Corporation
    • STMicroelectronics
  • Top Market Strategies
  • Company Profiles
    • Texas Instruments Incorporated
      • Key Information
      • Overview
      • Financial (Subject to Data Availability)
      • Product Summary
      • Recent Developments
    • Infineon Technologies AG
    • Intel Corporation
    • NVIDIA Corporation
    • Qualcomm Technologies, Inc.
    • STMicroelectronics
    • Telechips, Inc.
    • NXP Semiconductors
    • ON Semiconductor Corporation
    • Renesas Electronics Corporation

Chapter 9.              Research Process

  • Research Process
    • Data Mining
    • Analysis
    • Market Estimation
    • Validation
    • Publishing
  • Research Attributes
  • Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.

We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.

Critical elements of methodology employed for all our studies include:

Data Collection:

To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts.

This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.

In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.

Data Analysis:

Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.

To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.

Market Size Estimation:

Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.

To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.

In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:

Market driving trends and favorable economic conditions

Restraints and challenges that are expected to be encountered during the forecast period.

Anticipated opportunities for growth and development

Technological advancements and projected developments in the market

Consumer spending trends and dynamics

Shifts in consumer preferences and behaviors.

The current state of raw materials and trends in supply versus pricing

Regulatory landscape and expected changes or developments.

The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.

To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.

Insight Generation & Report Presentation:

After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.

Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables.  These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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