The automotive infotainment SoCs market is capturing a valuation of USD 18.2 billion in 2023 and is predicted to reach USD 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) | USD 18.1 billion |
Market Valuation (2033) | USD 40.1 billion |
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 USD 13.4 billion in 2018 and is expected to reach USD 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:
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 | USD 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 |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Value (US$ Million) Forecast by Installation Type, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 4: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 5: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 6: North America Market Value (US$ Million) Forecast by Installation Type, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 8: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: Latin America Market Value (US$ Million) Forecast by Installation Type, 2018 to 2033
Table 11: Latin America Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 12: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 13: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Europe Market Value (US$ Million) Forecast by Installation Type, 2018 to 2033
Table 15: Europe Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 16: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 17: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: South Asia Market Value (US$ Million) Forecast by Installation Type, 2018 to 2033
Table 19: South Asia Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 20: South Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 21: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 22: East Asia Market Value (US$ Million) Forecast by Installation Type, 2018 to 2033
Table 23: East Asia Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 24: East Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 25: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Oceania Market Value (US$ Million) Forecast by Installation Type, 2018 to 2033
Table 27: Oceania Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 28: Oceania Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 29: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 30: MEA Market Value (US$ Million) Forecast by Installation Type, 2018 to 2033
Table 31: MEA Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 32: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Installation Type, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Application, 2023 to 2033
Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Million) Analysis by Installation Type, 2018 to 2033
Figure 9: Global Market Value Share (%) and BPS Analysis by Installation Type, 2023 to 2033
Figure 10: Global Market Y-o-Y Growth (%) Projections by Installation Type, 2023 to 2033
Figure 11: Global Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 12: Global Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 13: Global Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 14: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 15: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 17: Global Market Attractiveness by Installation Type, 2023 to 2033
Figure 18: Global Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 19: Global Market Attractiveness by Application, 2023 to 2033
Figure 20: Global Market Attractiveness by Region, 2023 to 2033
Figure 21: North America Market Value (US$ Million) by Installation Type, 2023 to 2033
Figure 22: North America Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 23: North America Market Value (US$ Million) by Application, 2023 to 2033
Figure 24: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 25: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 28: North America Market Value (US$ Million) Analysis by Installation Type, 2018 to 2033
Figure 29: North America Market Value Share (%) and BPS Analysis by Installation Type, 2023 to 2033
Figure 30: North America Market Y-o-Y Growth (%) Projections by Installation Type, 2023 to 2033
Figure 31: North America Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 34: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 35: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 37: North America Market Attractiveness by Installation Type, 2023 to 2033
Figure 38: North America Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 39: North America Market Attractiveness by Application, 2023 to 2033
Figure 40: North America Market Attractiveness by Country, 2023 to 2033
Figure 41: Latin America Market Value (US$ Million) by Installation Type, 2023 to 2033
Figure 42: Latin America Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 43: Latin America Market Value (US$ Million) by Application, 2023 to 2033
Figure 44: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 48: Latin America Market Value (US$ Million) Analysis by Installation Type, 2018 to 2033
Figure 49: Latin America Market Value Share (%) and BPS Analysis by Installation Type, 2023 to 2033
Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Installation Type, 2023 to 2033
Figure 51: Latin America Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 52: Latin America Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 54: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 57: Latin America Market Attractiveness by Installation Type, 2023 to 2033
Figure 58: Latin America Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 59: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 60: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 61: Europe Market Value (US$ Million) by Installation Type, 2023 to 2033
Figure 62: Europe Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 63: Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 64: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 65: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 66: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 67: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 68: Europe Market Value (US$ Million) Analysis by Installation Type, 2018 to 2033
Figure 69: Europe Market Value Share (%) and BPS Analysis by Installation Type, 2023 to 2033
Figure 70: Europe Market Y-o-Y Growth (%) Projections by Installation Type, 2023 to 2033
Figure 71: Europe Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 72: Europe Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 73: Europe Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 74: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 75: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 76: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 77: Europe Market Attractiveness by Installation Type, 2023 to 2033
Figure 78: Europe Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 79: Europe Market Attractiveness by Application, 2023 to 2033
Figure 80: Europe Market Attractiveness by Country, 2023 to 2033
Figure 81: South Asia Market Value (US$ Million) by Installation Type, 2023 to 2033
Figure 82: South Asia Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 83: South Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 84: South Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 85: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 86: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 87: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 88: South Asia Market Value (US$ Million) Analysis by Installation Type, 2018 to 2033
Figure 89: South Asia Market Value Share (%) and BPS Analysis by Installation Type, 2023 to 2033
Figure 90: South Asia Market Y-o-Y Growth (%) Projections by Installation Type, 2023 to 2033
Figure 91: South Asia Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 92: South Asia Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 93: South Asia Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 94: South Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 95: South Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 96: South Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 97: South Asia Market Attractiveness by Installation Type, 2023 to 2033
Figure 98: South Asia Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 99: South Asia Market Attractiveness by Application, 2023 to 2033
Figure 100: South Asia Market Attractiveness by Country, 2023 to 2033
Figure 101: East Asia Market Value (US$ Million) by Installation Type, 2023 to 2033
Figure 102: East Asia Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 103: East Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 104: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 105: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 106: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 107: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 108: East Asia Market Value (US$ Million) Analysis by Installation Type, 2018 to 2033
Figure 109: East Asia Market Value Share (%) and BPS Analysis by Installation Type, 2023 to 2033
Figure 110: East Asia Market Y-o-Y Growth (%) Projections by Installation Type, 2023 to 2033
Figure 111: East Asia Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 112: East Asia Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 113: East Asia Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 114: East Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 115: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 116: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 117: East Asia Market Attractiveness by Installation Type, 2023 to 2033
Figure 118: East Asia Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 119: East Asia Market Attractiveness by Application, 2023 to 2033
Figure 120: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 121: Oceania Market Value (US$ Million) by Installation Type, 2023 to 2033
Figure 122: Oceania Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 123: Oceania Market Value (US$ Million) by Application, 2023 to 2033
Figure 124: Oceania Market Value (US$ Million) by Country, 2023 to 2033
Figure 125: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 127: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 128: Oceania Market Value (US$ Million) Analysis by Installation Type, 2018 to 2033
Figure 129: Oceania Market Value Share (%) and BPS Analysis by Installation Type, 2023 to 2033
Figure 130: Oceania Market Y-o-Y Growth (%) Projections by Installation Type, 2023 to 2033
Figure 131: Oceania Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 132: Oceania Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 133: Oceania Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 134: Oceania Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 135: Oceania Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 136: Oceania Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 137: Oceania Market Attractiveness by Installation Type, 2023 to 2033
Figure 138: Oceania Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 139: Oceania Market Attractiveness by Application, 2023 to 2033
Figure 140: Oceania Market Attractiveness by Country, 2023 to 2033
Figure 141: MEA Market Value (US$ Million) by Installation Type, 2023 to 2033
Figure 142: MEA Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 143: MEA Market Value (US$ Million) by Application, 2023 to 2033
Figure 144: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 145: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 146: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 147: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 148: MEA Market Value (US$ Million) Analysis by Installation Type, 2018 to 2033
Figure 149: MEA Market Value Share (%) and BPS Analysis by Installation Type, 2023 to 2033
Figure 150: MEA Market Y-o-Y Growth (%) Projections by Installation Type, 2023 to 2033
Figure 151: MEA Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 152: MEA Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 153: MEA Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 154: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 155: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 156: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 157: MEA Market Attractiveness by Installation Type, 2023 to 2033
Figure 158: MEA Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 159: MEA Market Attractiveness by Application, 2023 to 2033
Figure 160: MEA Market Attractiveness by Country, 2023 to 2033
In 2023, the market is expected to be worth USD 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 USD 40.1 billion by 2033.
Explore Semiconductors Insights
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.