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Future Market Insights has announced the addition of the u201cAutomotive SoC Market: Global Industry Analysis and Opportunity Assessment, 2018-2028"report to their offering
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Revenue Growth of US$ 26,800.5 Mn Predicted for Automotive SoC Market by 2028 March 2019 Report Id : REP-GB-7247 Status : Published Category : Electronics, Semiconductors, and ICT ©2015 Future Market Insights, All Rights Reserved
About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solutionfor our client. Research Capabilities Sector Coverage Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research ©2015 Future Market Insights, All Rights Reserved 2
Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications# Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3
Automotive SoC Market Increasing electrification of automobiles coupled with government initiatives and technological advancements promoting safe driving are crucial factors accelerating the demand for automotive systems-on-chips (SoC) in the coming years. The global automotive SoC market was valued at US$ 12,007.6 Mn in 2017. However, considering that the engineering marvel- autonomous cars have captured the attention of many in the automobile landscape, the global automotive SoC market is likely to expand at a significant CAGR of 7.7%, standing at an estimated market valuation of 26,800.5 Mn by 2028. In terms of application, infotainment systems will dominate the automotive SoC market, with approximately 63% of the total market share. Advanced driving assistance systems (ADAS) segment, is expected to grow at maximum CAGR during the forecast period. Deployment of automotive SoC is projected to remain high in passenger cars through 2028. Automotive SoC Market in for a Notable Growth Phase through 2028 In a recently released intelligence outlook by Future Market Insights, the global automotive SoC market will exhibit a high growth rate - predominantly driven by technological advances and an expanding application base of automotive SoC, especially in electric/hybrid cars. FMI also marks rapid technological advances enabling near-real time object identification to continue fueling the growth of automotive SoC market through 2028. Increasing demand for connected cars and government regulations guarding the connected car ecosystems are decisive factors impacting the demand and adoption of automotive SoC, globally. Get Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-7247 ©2015 Future Market Insights, All Rights Reserved 4
Automotive SoC Market Increased R&D and Vehicle Electrification Key Factors Fuelling Automotive SoC Adoption Leading automakers are investing in R&D of vehicle automation to meet the consumer demands and provide a seamless in-car and driving experience. Advancements including speech recognition, audio and video sensing, image compatibilities, GPS and radar capabilities, advanced driver assistance, advanced security and safety, and IC-integrated LED front lighting, all play a crucial role in vehicle automation, which are integrated using SoC. Another factor projected to fuel the adoption of automotive SoC, is the increasing electrification in hybrid and electric vehicles. Cellular technologies and telematics are widely adopted as a means to stay connected in autonomous cars. Government Initiatives Supporting Electric Vehicles Production to Strengthen Automotive SoC Market Governments are taking initiatives to promote and expand the manufacturing sector. Moreover, they are also reducing regulatory complexities to enhance manufacturing efficiency. Initiatives to improve vehicle emission levels and fuel-efficient systems are also picking pace. Such government initiatives are supplementing the production of electric and hybrid vehicles, and attracting global companies to invest in the semiconductors industry and related integrated chips, further consolidating the growth of automotive SoC market globally. ©2015 Future Market Insights, All Rights Reserved 5
Automotive SoC Market Growing Demand for Luxury Commercial Vehicles to Create Investment Opportunities for Automotive SoC Manufacturers On the other hand, dynamic import tariffs and taxes imposed on electronic instruments and consumer electronic goods in regions like North America, Asia Pacific, and Western Europe, is affecting the sales of semiconductors and related electronic chips in these regions. Decreasing sales of semiconductors and other chips is projected to restrain the automotive SoC market, globally. In terms of opportunities, growing demand for luxury commercial vehicles in regions such as North America, Europe, and Asia Pacific is creating huge market opportunities for automotive SoC manufacturers. Top manufacturers such as VOLVO, Daimler/Chrysler, and Bharat Benz are focusing on next generation driving experiences in their commercial vehicles, integrated with SoC. Automotive SoC provide storage space for rich infotainment multimedia data, advanced software and applications, among other benefits. Get more information about Report Methodology @ https://www.futuremarketinsights.com/askus/rep- gb-7247 Click here to Order a free sample ©2015 Future Market Insights, All Rights Reserved 6
To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You ©2015 Future Market Insights, All Rights Reserved 7