Code: MTA5244 | Publication Date: Jul 2025 |
How big is the automotive SoC market?
According to ÂÌñÉç internal database and industry insights,Ìýthe automotive System-on-Chip (SoC) market was valued at approximately USD 14.2 billion in 2024 and is projected to reach USD 30.5 billion by 2031. The market is expected to grow at a CAGR of 11.3% during the forecast period.
This growth is driven by rising demand for advanced in-vehicle electronics, autonomous driving systems, infotainment integration, and real-time vehicle connectivity. Additionally, the shift toward software-defined vehicles and the integration of AI and machine learning into automotive platforms are accelerating market expansion.
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Key Growth Factors of the Automotive SoC Market
Demand for ADAS and autonomous driving features has increased.
Growing use of navigation systems, infotainment, and digital cockpits
Increasing domain controller integration and vehicle electrification
Developments in AI-based SoCs and high-performance computing technologies
Growing demand for connected cars with low latency and high efficiency processors
OEM expenditures on next-generation automotive platforms and smart mobility
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Automotive SoC Market Trends
There is growing use of AI-integrated SoCs for decision-making in driverless systems. Automotive-grade chips are shifting toward multi-domain controllers. Real-time processing of LiDAR, radar, and vision data is pushing demand for GPU-integrated SoCs. Cybersecurity-focused SoC architectures are being developed for in-vehicle networks.
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Emerging Developments in the Automotive SoC Market
Recent innovations include 5nm and 7nm automotive SoCs enabling higher speeds and efficiency. Companies are launching SoCs with integrated neural processing units (NPUs) for edge AI tasks. Automotive OEMs are partnering with semiconductor firms for customized SoC platforms. Integration of V2X communication capabilities is becoming standard.
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Major Companies in the Automotive SoC Market
Qualcomm Technologies, Inc.
NVIDIA Corporation
Intel Corporation (Mobileye)
NXP Semiconductors
Renesas Electronics Corporation
Texas Instruments Incorporated
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