Automotive Infotainment SoCs Market Scope
It can be described as a group of vehicle systems that provide entertainment and information to the driver and passengers through audio/video interfaces, control elements such as touch screen displays, button panels, voice commands, and other means. Automotive Infotainment SoCs are basically the in vehicle Infotainment Systems. In both developed and emerging economies, the car industry is undergoing a digital transformation. Many automotive industry players are investing substantial resources in vehicle automation research and development in order to meet changing demands and boost customer driving experiences. Audiovisual sensing, voice recognition, image compatibility, advanced driver assistance, GPS and radar capabilities, next-level protection and safety, and IC-integrated LED front lighting are all features of next-generation automobiles. Since it is used in automobiles to integrate various advanced technologies, automotive infotainment SoC plays a key role in vehicle automation. In the current state of the automotive industry, connectivity is emerging as a crucial competitive differentiator. The automotive industry is rapidly adopting connected vehicle technologies such as V2P (vehicle-to-pedestrian), V2I (vehicle-to-infrastructure), V2V (vehicle-to-vehicle), and V2D (vehicle-to-device), as well as advanced features such as voice control, wireless charging, back-up cameras, blind spot recognition, and others.
The Automotive Infotainment SoCs market study is segmented by Type (Audio, Display/Video, Connectivity, GPS/Maps and Others), by Application (In-dash and Rear Seat) and major geographies with country level break-up.
The Market for Automotive Infotainment SoCs is highly Competitive With several Global and local players present in the market. The major players are trying various Strategies like product innovation and using various technologies to get a competitive Advantage. They are also using various marketing techniques to promote their Products Research Analyst at AMA estimates that European Vendors will contribute to the maximum growth of Global Automotive Infotainment SoCs market throughout the predicted period.
Denso Corporation (Japan), Robert Bosch GmbH (Germany), Continental AG (Germany), Harman International Industries Inc (United States), Magnetic Marelli SpA (Italy), Kenwood Corporation (Japan), Alpine Electronics Inc. (Japan), Mitsubishi Electric Corporation (Japan) and Infineon Technologies AG. (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Cerence Inc. (United States) and RecPro Solutions Pvt. Ltd. (India).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Automotive Infotainment SoCs market by Type, Application and Region.
On the basis of geography, the market of Automotive Infotainment 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).
Mitsubishi Motors Corporation, Nissan Motor Co. Ltd, and Groupe Renault, decided to adopt Google Inc.ís Android operating system (OS) for their next-generation infotainment systems from 2021., Land Rover revealed in January 2020 that its Defender family will exhibit its 21st-century dual-eSIM connectivity at CES 2020, the world's largest consumer electronics exhibition, in Las Vegas. The new Defender is the first vehicle to feature two integrated LTE modems for improved connectivity, and Jaguar Land Rover's new Pivi Pro touchscreen infotainment system features an industry-leading architecture and shares electronic hardware with the current smartphone. and July 2020 - Auto infotainment system provider Pioneer India announced on Wednesday that it is set to launch 3 Car AV Receivers with Alexa built-in, namely DMH-Z6350BT (6.8-inch Car Stereo), DMH-ZS9350BT (9-inch Car Stereo) and DMH-ZF9350BT (9-inch Floating Display Car Stereo).
- Rising Demand for Connected cars With Intelligent Infotainment Systems
- Cloud technology is being used to its full potential.
- Emergence of Various Technologies Such as 5G
- Increasing Spending on Automotive in Developed Countries
- Growth of Autonomus Cars, that use various powerful processors (system-on-chips)
- Continuous technology advancements in in-vehicle infotainment systems
- Brands are Adopting more Collaborative ways of Working Towards Innovations in Connected Car Technology
- High Cost of the Products
- Lack of Continuous and Seamless Connectivity
- Fast Technological Changes
- Several Players in the market, Hence High Competition
Key Target AudienceManufacturers of Automotive Infotainment SoCs, Suppliers of Automotive Infotainment SoCs, Wholesalers, Distributors and Retailers of Automotive Infotainment SoCs, Technology Providers and Others
Frequently asked questions:1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Automotive Infotainment SoCs Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.