Global Automotive SoC Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Application;
Infotainment Systems, ADAS and Others.By Vehicle Type;
Passenger Cars and Commercial Vehicles.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Automotive SoC Market (USD Million), 2021 - 2031
In the year 2024, the Global Automotive SoC Market was valued at USD 53,623.77 million. The size of this market is expected to increase to USD 107,186.69 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.4%.
The global Automotive SoC market is a vital component of the agricultural and industrial sectors, facilitating the extraction of edible oils and biofuels from various oilseed crops. Automotive SoC , also referred to as oil presses or oilseed crushers, utilize mechanical pressure and friction to extract oils from seeds like soybean, palm kernel, sunflower, and rapeseed. This market encompasses a diverse range of machinery, including screw presses, hydraulic presses, and specialized designs, catering to different production scales and end-use industries such as food processing, cosmetics, pharmaceuticals, and renewable energy.
Driven by factors such as population growth, changing dietary preferences, and environmental concerns, the global Automotive SoC market has experienced significant expansion and innovation. However, challenges such as volatile raw material prices, competition from alternative extraction methods, regulatory complexities, and sustainability issues persist. Despite these challenges, there are ample opportunities for market players to capitalize on emerging trends, such as expanding into untapped markets, investing in technological advancements, diversifying product offerings, collaborating with agricultural stakeholders, and embracing sustainable practices. By navigating challenges and seizing opportunities, players in the Automotive SoC market can sustain growth and competitiveness in a dynamic global landscape.
Global Automotive SoC Market Recent Development
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In June 2023, Qualcomm Technologies announced the launch of its Snapdragon Automotive 5G Platform designed to enable next-generation in-car connectivity. This platform provides the foundation for high-speed communication across a vehicle, improving safety, infotainment, and overall user experience.
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In April 2022, NXP Semiconductors revealed the S32G vehicle network processor, which integrates advanced in-vehicle networking, helping automakers transition to highly connected and autonomous vehicles. The processor supports 5G, V2X (vehicle-to-everything), and secure communication systems.
Segment Analysis
The Global Automotive SoC (System-on-Chip) Market can be segmented based on various factors, including application, vehicle type, and component type. In terms of application, the market can be segmented into infotainment systems, advanced driver assistance systems (ADAS), telematics, and others. Infotainment systems, which provide entertainment, navigation, and connectivity features to vehicle occupants, represent a significant segment of the Automotive SoC Market. ADAS, which encompasses features such as adaptive cruise control, lane-keeping assist, and collision avoidance, relies on Automotive SoCs for sensor processing, data fusion, and real-time decision-making. Telematics systems, which enable vehicle tracking, remote diagnostics, and over-the-air updates, also utilize Automotive SoCs for connectivity, data processing, and communication. Other applications include powertrain control, chassis control, and body electronics, where Automotive SoCs play a crucial role in optimizing vehicle performance, efficiency, and safety.
In terms of vehicle type, the Global Automotive SoC Market can be segmented into passenger cars, commercial vehicles, and electric vehicles (EVs). Passenger cars represent the largest segment of the market, driven by the increasing demand for connected and intelligent vehicles with advanced infotainment and safety features. Commercial vehicles, including trucks, buses, and vans, also utilize Automotive SoCs for fleet management, telematics, and driver assistance applications. With the growing adoption of electric vehicles (EVs), there is a significant opportunity for Automotive SoC manufacturers to develop specialized solutions optimized for EV powertrain control, battery management, and energy efficiency. As the automotive industry transitions towards electrification and automation, the demand for Automotive SoCs tailored to electric and autonomous vehicles is expected to grow, further driving market segmentation and innovation.
Global Automotive SoC Market Segment Analysis
In this report, the Global Automotive SoC Market has been segmented by Application, Vehicle Type and Geography.
Global Automotive SoC Market, Segmentation by Application
The Global Automotive SoC Market has been segmented by Application into Infotainment Systems, ADAS and Others.
Which provide entertainment, navigation, communication, and connectivity features to vehicle occupants. Infotainment SoCs are responsible for powering touchscreen displays, processing audio and video signals, managing multimedia content, and supporting smartphone integration. With the increasing demand for connected cars and enhanced in-vehicle entertainment experiences, the market for Infotainment SoCs is expected to grow significantly. These SoCs enable automakers to offer advanced infotainment features such as voice-controlled assistants, augmented reality displays, and personalized content delivery, enhancing the overall driving experience for consumers.
This segment comprises SoCs used in ADAS applications, which include a wide range of safety and driver assistance features aimed at preventing accidents and improving vehicle safety. ADAS SoCs process data from various sensors such as cameras, radar, lidar, and ultrasonic sensors to enable functionalities such as adaptive cruise control, lane-keeping assist, automatic emergency braking, and pedestrian detection. As automakers strive to enhance vehicle safety and meet regulatory requirements, the demand for ADAS SoCs is expected to rise. These SoCs play a crucial role in enabling semi-autonomous and autonomous driving functionalities, paving the way for safer and more efficient transportation systems.category encompasses various other applications of Automotive SoCs, including powertrain control, body electronics, chassis control, and telematics. These SoCs are used in systems responsible for managing vehicle propulsion, controlling vehicle dynamics, monitoring vehicle status, and enabling vehicle-to-everything (V2X) communication. While Infotainment Systems and ADAS are the primary drivers of growth in the Automotive SoC Market, the "Others" category represents additional opportunities for SoC manufacturers to provide solutions tailored to specific vehicle functions and subsystems.
Global Automotive SoC Market, Segmentation by Vehicle Type
The Global Automotive SoC Market has been segmented by Vehicle Type into Passenger Cars and Commercial Vehicles.
Passenger cars encompass a wide range of vehicles designed for personal transportation, including sedans, hatchbacks, SUVs, and coupes. In recent years, passenger cars have become increasingly sophisticated, incorporating advanced infotainment systems, driver assistance features, and connectivity options to enhance the driving experience. Automotive SoCs play a critical role in powering these systems, providing the processing power, graphics capabilities, and connectivity options necessary to deliver seamless connectivity, entertainment, and safety features to vehicle occupants. As consumer demand for connected and intelligent vehicles continues to grow, the market for Automotive SoCs tailored to passenger cars is expected to expand.
Commercial vehicles include trucks, buses, vans, and other vehicles used for commercial purposes such as transportation of goods and passengers. While commercial vehicles may not require the same level of sophistication in infotainment and connectivity features as passenger cars, they still rely on Automotive SoCs for critical functions such as powertrain control, telematics, and fleet management. Automotive SoCs optimized for commercial vehicle applications must prioritize reliability, durability, and efficiency to withstand the demanding operating conditions encountered in commercial fleet operations. As the demand for commercial vehicles grows in response to increasing global trade and urbanization, the market for Automotive SoCs tailored to commercial vehicle applications is expected to witness steady growth.
Global Automotive SoC Market, Segmentation by Geography
In this report, the Global Automotive SoC Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Automotive SoC Market Share (%), by Geographical Region, 2024
Europe emerges as a key market for Automotive SoC , fueled by its strong commitment to organic and sustainable food production. Countries like Germany, France, and the United Kingdom lead the European market, buoyed by stringent regulations ensuring food safety and quality. Moreover, the rising demand for biofuels, coupled with investments in renewable energy and biofuel production, propels the growth of the Automotive SoC market across the continent. Across the Asia Pacific region, including China, India, Japan, and Australia, significant growth opportunities abound due to rapid urbanization, population growth, and increasing disposable incomes. Government initiatives promoting domestic oilseed production, alongside technological advancements in agriculture and investments in food processing infrastructure, further catalyze market growth in this region.
Middle East and Africa, including Saudi Arabia, South Africa, and Nigeria, a surge in demand for edible oils and biofuels drives the market forward. With population growth, economic development, and investments in agriculture and renewable energy, the region is witnessing a rising reliance on Automotive SoC to bolster food security initiatives and enhance energy self-sufficiency. Lastly, Latin America, with countries like Brazil, Argentina, and Colombia, emerges as a significant player, rich in oilseed crops and serving as a major supplier of edible oils and biofuels to international markets. Increasing investments in agribusiness, sustainable farming practices, and biofuel production further fuel the robust growth of the Automotive SoC market in Latin America. Through segmentation into these regions, the report furnishes valuable insights into regional dynamics, trends, and growth opportunities, enabling stakeholders to devise targeted strategies and capitalize on emerging market trends.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Automotive SoC Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis.
Drivers
- Rising Demand for Connected Cars
- Advancements in Vehicle Automation and ADAS
- Electrification of Vehicles -
The electrification of vehicles is a transformative trend driving significant changes in the automotive industry and the Global Automotive SoC (System-on-Chip) Market. With increasing concerns about environmental sustainability and the need to reduce greenhouse gas emissions, automakers are accelerating the adoption of electric powertrains across various vehicle segments. Electric vehicles (EVs) utilize electric motors powered by batteries, eliminating the need for internal combustion engines and reducing reliance on fossil fuels. This shift towards electrification presents new opportunities and challenges for Automotive SoC manufacturers.One of the key drivers of the electrification trend is the growing awareness of environmental issues and the need to address climate change. Electric vehicles offer a cleaner and more sustainable alternative to traditional internal combustion engine vehicles, reducing air pollution and carbon emissions. Automotive SoCs play a critical role in enabling the efficient operation of electric powertrains, managing battery performance, optimizing energy consumption, and providing intelligent control systems for EVs. As automakers invest in developing electric vehicle platforms and expanding their EV portfolios, the demand for Automotive SoCs tailored to electric powertrain control, battery management, and electric vehicle functionalities is expected to increase.
Furthermore, advancements in battery technology, improvements in charging infrastructure, and government incentives and regulations supporting electric vehicle adoption are driving the growth of the electric vehicle market. Automotive SoC manufacturers are innovating and developing new solutions to address the unique requirements of electric vehicles, such as fast-charging capabilities, thermal management systems, and integrated safety features. As the electrification trend continues to gain momentum, Automotive SoC manufacturers have an opportunity to play a significant role in shaping the future of electric mobility by providing innovative and efficient semiconductor solutions that power the next generation of electric vehicles.
Restraints
- Complexity and Integration Challenges
- Cost Pressure and Pricing Competition
- Supply Chain Disruptions and Semiconductor Shortages -
Supply chain disruptions and semiconductor shortages have significantly impacted the Global Automotive SoC (System-on-Chip) Market, posing challenges to production and delivery schedules across the automotive industry. The semiconductor shortage, exacerbated by factors such as increased demand for consumer electronics, production disruptions due to the COVID-19 pandemic, and geopolitical tensions, has led to a constrained supply of critical components, including Automotive SoCs. As a result, automakers have faced delays in vehicle production, reduced production volumes, and increased costs associated with sourcing alternative components or adjusting production schedules. The semiconductor shortage has highlighted the vulnerabilities of the global supply chain and underscored the importance of supply chain resilience and diversification strategies for mitigating future disruptions.
The impact of supply chain disruptions and semiconductor shortages on the Automotive SoC Market extends beyond immediate production challenges. Automakers and semiconductor manufacturers are reassessing their supply chain strategies, increasing investments in domestic production capacity, and exploring alternative sourcing options to reduce dependency on single suppliers or regions. Additionally, collaboration between industry stakeholders, including automakers, semiconductor manufacturers, and government agencies, is essential to address supply chain vulnerabilities and build a more resilient ecosystem. Despite the short-term challenges posed by supply chain disruptions, the Automotive SoC Market is expected to rebound as industry players implement strategic measures to mitigate risks and enhance supply chain agility, ensuring the continued growth and innovation of the market.
Opportunities
- Emerging Trends in Electric and Autonomous Vehicles
- Integration of Advanced Connectivity Features
- Demand for Energy-Efficient and Sustainable Solutions -
The demand for energy-efficient and sustainable solutions in the Global Automotive SoC (System-on-Chip) Market is being driven by several converging factors. Firstly, stringent environmental regulations and sustainability initiatives are pushing automakers to prioritize energy efficiency and sustainability in their vehicle designs. This regulatory pressure is prompting the automotive industry to seek innovative solutions, including optimizing power consumption and reducing emissions through advanced Automotive SoCs. By developing and integrating energy-efficient SoCs into their vehicles, automakers can meet regulatory requirements, reduce their environmental footprint, and align with global sustainability goals.
The rise of electric and hybrid vehicles is significantly contributing to the demand for energy-efficient Automotive SoCs. As electric vehicles become increasingly popular, there is a growing need for SoCs optimized for EV powertrain control, battery management, and energy recuperation systems. These SoCs play a vital role in maximizing the energy efficiency and range of electric vehicles, thus enhancing their appeal to environmentally conscious consumers. Similarly, hybrid vehicles require sophisticated SoCs to manage the seamless transition between internal combustion and electric propulsion modes, optimizing fuel efficiency and minimizing emissions. As the automotive industry shifts towards electrification, the demand for energy-efficient Automotive SoCs tailored to electric and hybrid vehicles is expected to rise further, driving innovation and growth in the market.
Competitive Landscape Analysis
Key players in Global Automotive SoC Market include -
- Texas Instruments Incorporated
- Infineon Technologies AG
- Intel Corporation
- NVIDIA Corporation
- Qualcomm Technologies, Inc.
- STMicroelectronics
- NEC Corporation
- NXP Semiconductors
- ON Semiconductor Corporation
- Renesas Electronics Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Application
- Market Snapshot, By Vehicle Type
- Market Snapshot, By Region
- Global Automotive SoC Market Trends
- Drivers, Restraints and Opportunities
- Drivers
- Rising Demand for Connected Cars
- Advancements in Vehicle Automation and ADAS
- Electrification of Vehicles
- Restraints
- Complexity and Integration Challenges
- Cost Pressure and Pricing Competition
- Supply Chain Disruptions and Semiconductor Shortages
- Opportunities
- Emerging Trends in Electric and Autonomous Vehicles
- Integration of Advanced Connectivity Features
- Demand for Energy-Efficient and Sustainable Solutions
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Automotive SoC Market, By Application, 2021 - 2031 (USD Million)
- Infotainment Systems
- ADAS
- Others
- Global Automotive SoC Market Market, By Vehicle Type, 2021 - 2031 (USD Million)
- Passenger Cars
- Commercial Vehicles
- Global Automotive SoC Market Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Automotive SoC Market, By Application, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Texas Instruments Incorporated
- Infineon Technologies AG
- Intel Corporation
- NVIDIA Corporation
- Qualcomm Technologies, Inc.
- STMicroelectronics
- NEC Corporation
- NXP Semiconductors
- ON Semiconductor Corporation
- Renesas Electronics Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market