Automotive System-On-Chip Market Growth opportunities, Trends, Industry Analysis, and Forecast to 2025
In today’s world, technological advancements in automotive industry is resulting into a period of high innovative activity and great amount of business changes. Automotive system-on-chip refers to a micro-chip installed in automotive devices which provides high system integration and less power consumption, which target the cost-sensitive market of multimedia and navigation systems in car, including car radios with high-end technology. The automotive system-on-chip helps automotive manufacturers to transform the driver’s-seat experience to increased levels of safety and convenience.
Automotive System-On-Chip is used to integrate functions in a car including sensing, controlling and actuating a motor. This helps to save space and energy, improve overall system reliability with diagnostic features and reduces overall cost owing to minimized number of components.
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Automotive System-On-Chip Market: Drivers and Restraints
Factors such as rising adoption of Internet-of-Things, technological advancements and continuous research and development in automobile industry, and development of advanced system-on-chips are the primary factors driving the growth of automotive system-on-chip market. Moreover, increasing demand of computing devices and miniature consumer electronics globally is also resulting into the growth of automotive system-on-chip market.
However, high operational cost of system-on-chips and lack of flexibility are some factors causing a hindrance in the growth of automotive system-on-chip market.
Automotive System-On-Chip Market: Segmentation
Automotive system-on-chip market can be segmented on the basis of end-user solution and region wise. On the basis of end-user solution the market is further segmented into entry level solution, mid-range solution and premium solution. Region wise, automotive system-on-chip market can be segmented into North America, Latin America, Asia Pacific, Japan, Eastern Europe, Western Europe and Middle East & Africa.
Automotive System-On-Chip Market: Regional Overview
North America automotive system-on-chip market holds the largest market share and is expected to dominate the market in the near future owing rise of IoT adoption in this region followed by Europe. Asia Pacific contributes a significant market share in automotive system-on-chip market due presence of semiconductor manufacturers in this region. Latin America and MEA region are expected to show a moderate growth rate in automotive system-on-chip market.
Automotive System-On-Chip Market: Key Players
Renesas Electronics, Infineon Technologies, Qualcomm Inc., STMicroelectronics N.V, Toshiba Corporation, MediaTek Inc., Samsung Electronics are some of the key players in automotive system-on-chip market.
The report covers exhaustive analysis on:
- Automotive System-On-Chip Market Segments
- Automotive System-On-Chip Market Dynamics
- Historical Actual Market Size, 2012-2016
- Automotive System-On-Chip Market Size & Forecast 2017 to 2027
- Supply & Demand Value Chain for Automotive System-On-Chip Market
- Automotive System-On-Chip Market Current Trends/Issues/Challenges
- Competition & Companies involved in Automotive System-On-Chip Market
- Automotive System-On-Chip Technology
- Value Chain of Automotive System-On-Chip Market
- Automotive System-On-Chip Market Drivers and Restraints
Regional analysis for Automotive System-On-Chip market includes
- North America Automotive System-On-Chip Market
- Latin America Automotive System-On-Chip Market
- Rest of Latin America
- Western Europe Automotive System-On-Chip Market
- Rest of Western Europe
- Eastern Europe Automotive System-On-Chip Market
- Rest of Eastern Europe
- Asia Pacific Automotive System-On-Chip Market
- Australia and New Zealand (A&NZ)
- Rest of Asia Pacific
- Japan Automotive System-On-Chip Market
- Middle-East and Africa Automotive System-On-Chip Market
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
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The report provides the following information:
- Tailwinds and headwinds molding the market’s trajectory
- Market segments based on products, technology, and applications
- Prospects of each segment
- Overall current and possible future size of the market
- Growth pace of the market
- Competitive landscape and key players’ strategies
The main aim of the report is to:
- Enable key stakeholder’s in the market bet right on it
- Understand the opportunities and pitfalls awaiting them
- Assess the overall growth scope in the near term
- Strategize effectively with respect to production and distribution
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