Global Automotive System on Chip Market Overview:
Automotive system-on-chip refers to a microchip embedded in automotive devices that offers high system integration and low power consumption and is aimed at the cost-conscious market of car multimedia and navigation systems, including high-end car radios. The automotive system-on-chip assists automakers in improving the driver's seat experience by enhancing safety and comfort. Automotive System-On-Chip integrates functions such as sensing, regulating, and actuating a motor in a vehicle. This saves room and resources, improves overall device efficiency with diagnostic features, and lowers overall costs due to the reduced number of components. The primary factors driving the growth of the automotive system-on-chip market are the growing adoption of the Internet of Things, technological advances and continuous research and development in the automobile industry, and the development of advanced system-on-chips. Some of the players profiled in the study are Arm Holdings (United Kingdom), Renesas Electronics (Japan), Infineon Technologies (Germany), Qualcomm Inc. (United States), STMicroelectronics N.V (Switzerland), Toshiba Corporation (Japan), MediaTek Inc. (Taiwan), Samsung Electronics (South Korea), NXP Semiconductor NV (Netherlands), Infineon Technologies AG (Germany), Texas Instruments, Inc. (United States), Robert Bosch GmbH (Germany), STMicroelectronics NV (Switzerland) and ON Semiconductor Corp. (United States).
On the basis of geography, the market of Automotive System on Chip 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 Vehicles will boost the Automotive System on Chip 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. Logic IC will boost the Automotive System on Chip market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User Solution, the sub-segment i.e. Entry-level Solution will boost the Automotive System on Chip market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rising Vehicle Production Worldwide
- Increase in the Use of Electronics in Vehicles
- Growing Demand for Advanced Safety, Convenience, and Comfort Systems
- Rising Adoption of Internet-Of-Things for Automotive
- High Operational Cost of System-On-Chips
- Technological Advancements and Continuous Research and Development in Automobile Industry
- Increasing Demand of Computing Devices and Miniature Consumer Electronics Globally
- Fast technological Changes
- Continuous Optimization of Component Size
- Several Players in the market, Hence High Competition
Key Market Developments:
September 2020 – Chip designer Arm Holdings announced the launch of a new set of solutions for autonomous systems for both automotive and industrial use cases. These include the Arm Cortex-A78AE high-performance CPU, the Mali-G78AE GPU and the Arm Mali-C71AE image signal processor.
The market 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
Component and Device Suppliers And Distributors, Automotive Control System Integrators, Automobile Manufacturers, Software, Services, and Technology Providers and Standardization and Testing Firms
Major Objectives Focused through this Study
To define, describe, and forecast the Global Automotive System on Chip market on the basis of product  , application [Chassis, Powertrain, Safety, Telematics & Infotainment and Body Electronics], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Automotive System on Chip market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Automotive System on Chip industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Automotive System on Chip market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.