How big is the automotive SoC market | Industry Trends & Forecast

Code: MTA5244 Publication Date: Jul 2025

How big is the automotive SoC market?

According to 6Wresearch internal database and industry insights, the Global automotive System-on-Chip (SoC) market was valued at USD 185 Billion in 2024 and is expected to reach USD 265 Billion by 2031, growing at a compound annual growth rate of 5.20% during the forecast period (2025-2031).

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.

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

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.

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.

Major Companies in the Automotive SoC Market

  • Qualcomm Technologies, Inc.
  • NVIDIA Corporation
  • Intel Corporation (Mobileye)
  • NXP Semiconductors
  • Renesas Electronics Corporation
  • Texas Instruments Incorporated

How big is the automotive SoC market : FAQs

The automotive SoC market is projected to reach USD 30.5 billion by 2031.
The automotive SoC market is expected to grow at a CAGR of 11.3% in the coming years.
They are widely used in ADAS, infotainment, digital instrument clusters, telematics, and autonomous driving systems.
AI accelerators are being integrated into SoCs to enhance real-time decision-making and machine vision capabilities in self-driving vehicles.
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