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Automotive Infotainment SoC Market Report 2020 - Market Size, Share, Price, Trend and Forecast 2027
The global automotive infotainment SoC market was valued at US$ 8.69 Bn in 2018 and is expected to grow at a CAGR of 7.2% during the forecast period 2019 – 2027, to reach US$ 16.08 Bn by 2027. The automotive infotainment SoC is an integrated chip designed for information, phone, and entertainment services in passenger cars and commercial vehicles. It is a complete electronic substrate system containing analog, digital, mixed signals, and radio frequency functions. Automotive infotainment SoC consumes lesser space and area than multi-chip designs. SoC is extensively used in embedded systems and the Internet of Things for automotive computing.Get Sample Copy of this Report at – https://bit.ly/3eSEvMz
The industry operates in a competitive marketplace as leading companies in this market continue to broaden their addressable market by expanding their current product portfolio, diversifying their client base, and developing new applications and markets. New developments and mergers and acquisitions are the two noteworthy market trends seen in the past few years. Companies in the value chain are acquiring and entering into partnerships with other players in the market to maintain their market position and provide efficient solutions to their customers. Major market players of the automotive infotainment SoC market are based in the US and other European countries such as Germany.
Automotive infotainment SoC are classified into two installation types, namely: in-dash and rear seat. A dashboard is defined as a control panel which is positioned directly ahead of a vehicle's driver in the car and plays an integral role in displaying instrumentation and supervision during vehicle operation. A good dashboard design enables safe and better experiences by sending and receiving updated information wirelessly over internet. The use of system-on-chips in dashboards to enhance driving experience is gaining scope in current scenarios. The dashboards in the cars supports the use of infotainment systems by integrating entire audio, and Bluetooth system along with navigation software and connectivity so as to improve driving experience. The use of in-dash automotive infotainment allows improved features, quick responses, and overall ease in usage and adds to aesthetic appeal.
The key companies operating in the market include Infineon Technologies AG, Intel Corporation, NEC Corporation, NVIDIA Corporation, NXP Semiconductors N.V., Qualcomm Incorporated, Renesas Electronics Corporation, STMicroelectronics N.V., Texas Instruments Incorporated, and Semiconductor Components Industries, LLC (ON Semiconductor), among others.
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Reason to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automotive Infotainment SoC market
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Automotive Infotainment SoC market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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