Automotive Infotainment SoCs Market Share

North America Market Forecast

The market share of automotive infotainment SoCs in North America, amongst the market in all the other regions, is forecasted to gain a revenue share of about 35% by the end of 2036. The rise in the demand for high-end vehicles, including luxury cars, supercars, and others specifically in the USA, California, and Florida are expected to propel the regional market demand. Recently, in February 2023, the luxury brand sales in overall sales of vehicles hiked to around 20%.

APAC Market Statistics

The Asia Pacific automotive infotainment SoCs market is slated to register a nearly 24% growth rate by 2036. The existence of a strong automobile network in the region and the rising penetration of smart vehicles in emerging economies such as China and India are contributing to the market growth in the region. In the year 2022, of all smart vehicles of different levels of automation sold so far worldwide, around 55% were sold in China.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of automotive infotainment socs is assessed at USD 18.46 Billion.

The automotive infotainment socs market size was over USD 17.25 Billion in 2023 and is projected to reach USD 45.79 Billion by the end of 2036, witnessing around 7.8% CAGR during the forecast period i.e., between 2024-2036. The increasing innovation in infotainment systems in vehicles and the growing demand for high-end vehicles are the major factors driving the growth of the automotive infotainment SoCs market.

North America industry is poised to hold around 35% of the revenue share by 2036, owing to rising demand for high-end vehicles, including luxury cars, supercars in the region.

Garmin Ltd., BorgWarner Inc., Pioneer Corporation, Alpine Electronics, Inc., Robert Bosch GmbH, Continental AG, Accenture PLC, Mitsubishi Electric Corporation, Tomtom International B.V., Panasonic Corporation

Automotive Infotainment SoCs Market Share