The automotive infotainment SoCs market is capturing a valuation of US$ 18.2 billion in 2023 and is predicted to reach US$ 40.1 billion by 2033. The market is registering a CAGR of 8.2% during the forecast period. The market is driven by several factors, including:
Cybersecurity Concerns and High Costs Limit the Market Growth
Apart from influencing factors, the market has several restraining factors that may limit market growth. These are:
Attributes | Details |
---|---|
Market CAGR (2023 to 2033) | 8.2% |
Market Valuation (2023) | US$ 18.1 billion |
Market Valuation (2033) | US$ 40.1 billion |
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The market is notably growing due to its various features, including video, connectivity, voice recognition, etc. According to Future Market Insights, the market was valued at US$ 13.4 billion in 2018 and is expected to reach US$ 40.1 billion by 2033.
The growing consumer demand for automotive infotainment testing in Asia is capturing a relevant share by 2033. The rising consumers demand luxury and premium vehicles with amazing automatic dashboard features is surging the market size. The increasing demand for connected cars, present manufacturers, and the huge population are driving the market growth in Asia Pacific countries.
Based on vehicle type, passenger cars dominate the global market by capturing a maximum share of 81.2% during the forecast period. Passenger cars are widely growing due to the increasing population and rising number of passengers for traveling purposes.
There is growing public transportation from various passenger cars, including SUVs, sedans, and others. These cars are stylish, comfortable, and convenient, bolstering the market growth.
The Commercial vehicle is another category capturing a significant share during the forecast period. These commercial vehicles include buses and trucks. These vehicles are sufficient and capable of transporting goods and passengers from one place to another.
The rising popularity of electric vehicles has been notably growing in recent times. The government takes several measures to control air pollution and focus on sustainability. Overall, passenger cars are contributing a prominent role in the global market by 2033.
Based on application, infotainment systems are a significant category anticipated to secure a share of 63.4% by 2033. The rising demand for infotainment systems is due to their advanced features, such as internet connectivity, navigation, free-hand calling, and audio playback. These features enhance consumers' experiences and make them easy to access.
The manufacturers are implementing advanced technology in the infotainment systems to integrate features such as Heating, Ventilation, and Air Conditioning. However, the global market continues to expand with the growing demand for connected infotainment systems.
The United States is leading the global market by capturing 22.6% of the share by 2033. The growing automotive industry and rising demand for premium cars drive the United States market. The manufacturers are growing their production due to the rising demand for connected cars with advanced technologies in infotainment systems.
The various key players in the United States are expanding the market revenue, including Texas Instruments Inc, STMicroelectronics, NXP Semiconductors, and Intel Corporation. These key companies invest huge amounts in research and development activities to innovate unique products with technical advancements.
The United Kingdom is one of the growing nations estimated to capture a share of 9.2% by 2033. The growing consumer demand for premium, stylish, and luxury cars are advancing the market growth further. The manufacturers are developing products that meet consumers' requirements. The United Kingdom is a key exporter of high-quality infotainment systems in international markets.
Manufacturers are developing and improving efficiency and reducing costs by adopting technologies such as artificial intelligence, automation, and machine learning. The government of the United Kingdom is focused on sustainability to reduce environmental impacts. Therefore, the United Kingdom has developed environment-friendly electric cars that reduce waste and control air pollution.
China is one of the significant nations in the global market that register a share of 8.5% during the forecast period. The notably growing automotive industry and demand for SUVs are increasing the sales of automotive infotainment SoCs in the country. China is hugely invested in research and development activities to develop a unique and improved product to increase market growth.
The government of China is producing better-advanced technologies by collaborating with prominent players in the market. The key players in the market include Infineon Technologies AG, MediaTek Inc, and Rockchip Electronics Co. Ltd. The rising consumer demand for automated and connected cars are fueling China's automotive infotainment SoCs market.
India is another Asia Pacific nation anticipated to capture a share of 10.6% by 2033. India is contributing a significant revenue by several factors, including:
Several key players that capture the maximum revenue in India’s automotive infotainment SoCs market are Wipro, Sasken Technologies, and Tata Elxsi.
The manufacturers are adopting several marketing strategies to expand the global market. A few of them are as follows:
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The market is highly competitive by key players from regions. These key players contribute to the global market through innovations and marketing skills. These players adopt several marketing methodologies such as mergers, acquisitions, partnerships, product launches, and agreements.
Other Essential Players in the Global Market are:
Recent Developments in the Global Automotive Infotainment SoCs Market are:
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ billion for Value |
Key Countries Covered | The United States, The United Kingdom, Japan, India, China |
Key Segments Covered | Application, Vehicle Type, Region |
Key Companies Profiled | Media Tek Inc; NXP Semiconductors N.V.; Texas Instruments Incorporated; Intel Corporation; Infineon Technologies Inc; Qualcomm Technologies Inc; Renesas Electronics Corporation; NVIDIA Corporation; Microchip Technologu Inc; STMicroelectronics N.V. |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
In 2023, the market is expected to be worth US$ 18.2 billion.
By 2033, the United Kingdom is anticipated to dominate a 9.2% market share.
The market is expected to continue growth at an 8.2% CAGR until 2033.
By acquiring 22.6% of the market by 2033, the United States will continue to dominate the top spot.
The market is expected to be around US$ 40.1 billion by 2033.
1. Executive Summary | Automotive Infotainment SoCs Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Installation Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Installation Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Installation Type, 2023 to 2033
5.3.1. In-dash
5.3.2. Rear Seat
5.4. Y-o-Y Growth Trend Analysis By Installation Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Installation Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Vehicle Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Vehicle Type, 2023 to 2033
6.3.1. Passenger Cars
6.3.2. Commercial Vehicles
6.3.3. Light Commercial Vehicles
6.3.4. Heavy Commercial Vehicles
6.4. Y-o-Y Growth Trend Analysis By Vehicle Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Vehicle Type, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By Application, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2023 to 2033
7.3.1. Head Unit
7.3.2. eCockpit
7.3.3. Sound System
7.3.4. Others
7.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. South Asia
8.3.5. East Asia
8.3.6. Oceania
8.3.7. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. The USA
9.2.1.2. Canada
9.2.2. By Installation Type
9.2.3. By Vehicle Type
9.2.4. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Installation Type
9.3.3. By Vehicle Type
9.3.4. By Application
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Installation Type
10.2.3. By Vehicle Type
10.2.4. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Installation Type
10.3.3. By Vehicle Type
10.3.4. By Application
10.4. Key Takeaways
11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. United Kingdom
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Installation Type
11.2.3. By Vehicle Type
11.2.4. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Installation Type
11.3.3. By Vehicle Type
11.3.4. By Application
11.4. Key Takeaways
12. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Malaysia
12.2.1.3. Singapore
12.2.1.4. Thailand
12.2.1.5. Rest of South Asia
12.2.2. By Installation Type
12.2.3. By Vehicle Type
12.2.4. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Installation Type
12.3.3. By Vehicle Type
12.3.4. By Application
12.4. Key Takeaways
13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Installation Type
13.2.3. By Vehicle Type
13.2.4. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Installation Type
13.3.3. By Vehicle Type
13.3.4. By Application
13.4. Key Takeaways
14. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. Australia
14.2.1.2. New Zealand
14.2.2. By Installation Type
14.2.3. By Vehicle Type
14.2.4. By Application
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Installation Type
14.3.3. By Vehicle Type
14.3.4. By Application
14.4. Key Takeaways
15. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Installation Type
15.2.3. By Vehicle Type
15.2.4. By Application
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Installation Type
15.3.3. By Vehicle Type
15.3.4. By Application
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2022
16.1.2.1. By Installation Type
16.1.2.2. By Vehicle Type
16.1.2.3. By Application
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2022
16.2.2.1. By Installation Type
16.2.2.2. By Vehicle Type
16.2.2.3. By Application
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2022
16.3.2.1. By Installation Type
16.3.2.2. By Vehicle Type
16.3.2.3. By Application
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2022
16.4.2.1. By Installation Type
16.4.2.2. By Vehicle Type
16.4.2.3. By Application
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2022
16.5.2.1. By Installation Type
16.5.2.2. By Vehicle Type
16.5.2.3. By Application
16.6. United Kingdom
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2022
16.6.2.1. By Installation Type
16.6.2.2. By Vehicle Type
16.6.2.3. By Application
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2022
16.7.2.1. By Installation Type
16.7.2.2. By Vehicle Type
16.7.2.3. By Application
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2022
16.8.2.1. By Installation Type
16.8.2.2. By Vehicle Type
16.8.2.3. By Application
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2022
16.9.2.1. By Installation Type
16.9.2.2. By Vehicle Type
16.9.2.3. By Application
16.10. India
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2022
16.10.2.1. By Installation Type
16.10.2.2. By Vehicle Type
16.10.2.3. By Application
16.11. Malaysia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2022
16.11.2.1. By Installation Type
16.11.2.2. By Vehicle Type
16.11.2.3. By Application
16.12. Singapore
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2022
16.12.2.1. By Installation Type
16.12.2.2. By Vehicle Type
16.12.2.3. By Application
16.13. Thailand
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2022
16.13.2.1. By Installation Type
16.13.2.2. By Vehicle Type
16.13.2.3. By Application
16.14. China
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2022
16.14.2.1. By Installation Type
16.14.2.2. By Vehicle Type
16.14.2.3. By Application
16.15. Japan
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2022
16.15.2.1. By Installation Type
16.15.2.2. By Vehicle Type
16.15.2.3. By Application
16.16. South Korea
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2022
16.16.2.1. By Installation Type
16.16.2.2. By Vehicle Type
16.16.2.3. By Application
16.17. Australia
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2022
16.17.2.1. By Installation Type
16.17.2.2. By Vehicle Type
16.17.2.3. By Application
16.18. New Zealand
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2022
16.18.2.1. By Installation Type
16.18.2.2. By Vehicle Type
16.18.2.3. By Application
16.19. GCC Countries
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2022
16.19.2.1. By Installation Type
16.19.2.2. By Vehicle Type
16.19.2.3. By Application
16.20. South Africa
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2022
16.20.2.1. By Installation Type
16.20.2.2. By Vehicle Type
16.20.2.3. By Application
16.21. Israel
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2022
16.21.2.1. By Installation Type
16.21.2.2. By Vehicle Type
16.21.2.3. By Application
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Installation Type
17.3.3. By Vehicle Type
17.3.4. By Application
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Infineon Technologies AG
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.2. Intel Corporation
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.3. NEC Corporation
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.4. NVIDIA Corporation
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.5. NXP Semiconductors N.V.
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.6. Qualcomm Incorporated
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.7. Renesas Electronics Corporation
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.8. STMicroelectronics N.V.
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.9. Texas Instruments Incorporated
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.10. Semiconductor Components Industries
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
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