Title: Automotive SoC Market Size Forecast to Reach $16.8 Billion by 2026
1Automotive SoC Market - Forecast 2021 - 2026
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- The Automotive SoC Market size is forecast to
reach 16.8 billion by 2026, growing at a CAGR of
7.2 for the period 2021-2026. - The Automotive SoC is a designed purpose-built
system-on-chip (SoC) for developing highly
autonomous cars, integrated with breakthrough
cyber security identification, monitor, and
investigation systems.
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Key Takeaways The growing Electric Vehicle
market due to advanced electric infrastructure,
strong government initiative and increasing
demand for zero-emission vehicles is fueling the
growth of the Automotive SoC Market. The The
Infotainment Systems segment is analyzed to
register the highest share in 2020, and grow at a
CAGR of 8 in 2021 to 2026, owing to the
emergence of various in-vehicle infotainment
systems and the intelligent connected solution to
cater various car models.
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By Distribution Channel- Segment Analysis By
Vehicle type, the Automotive SoC Market is
segmented into Passengers Cars and Commercial
Vehicles. The passenger car segment is analyzed
to register the highest share in 2020, and grow
at a CAGR of 9.3 in the forecast period due to
the breakthrough automotive solution to provide
safety critical applications and automated
driving solution. The growing demand for higher
bandwidth and other connectivity elements for
denoting Advanced Driver Assistance Systems drive
the market growth.
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- Automotive SoC Market Industry Outlook
- Infineon Technologies
- Intel Corporation
- NEC Corporation
- NVIDIA Corporation
- NXP Semiconductors
- Qualcomm Incorporated
- Renesas Electronics Corporation
- STMicroelectronics
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Automotive SoC Market - Forecast 2021 -
2026 Learn More About the Report _at_
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c-market-507943
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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