Global On board AI SOC Market , Type, growth, trend, opportunity and forecast 2023-2030
- charvireportprime
- Jan 18, 2024
- 2 min read
Global On board AI SOC Market
The On board AI SOC Market is expected to grow from USD 363.00 Million in 2022 to USD 867.17 Million by 2030, at a CAGR of 11.50% during the forecast period.
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Global On board AI SOC Market Size
The On board AI SOC market research report analyzes the market segment based on type, including smart cockpit chip, autonomous driving chip, vision analysis chip, and others. It also takes into account the applications identified for these chips, such as automotive, industrial, retail, smart home, and others. The study covers various regions such as North America, Asia Pacific, Middle East, Africa, Australia, and Europe, along with the key market players such as LG Electronics, Hailo, Kneron, Synaptics, OCE Technology, NXP Semiconductors, Xilinx, STMicroelectronics, Texas Instruments, Intel, Ambarella, Qualcomm, Maxim Integrated, CEVA Inc, and Infineon Technologies. It also highlights the regulatory and legal factors specific to market conditions. Owing to the increasing demand for advanced vehicle safety systems and growing interest in autonomous vehicles, the global on board AI SOC market is expected to show substantial growth during the forecast period. As technology progresses, the market for on board AI SOC is expected to continue to expand, with various players intensifying their efforts to remain competitive and at the cutting edge in terms of technological advancements.
Global On board AI SOC Market Key Players
LG Electronics
Hailo
Kneron
Synaptics
OCE Technology
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Global On board AI SOC Market Segment Analysis
The latest trend followed by the On board AI SOC market is the development of advanced silicon and software platforms, which are more powerful, energy-efficient, and cost-effective. Furthermore, the market is also witnessing the emergence of advanced driver monitoring systems, which can enhance overall vehicle safety and provide better driver assistance.
The main findings of the report suggest that the On board AI SOC market is set to experience significant growth over the next few years. The market will witness significant demand for advanced driver assistance systems, infotainment systems, and autonomous vehicles. The report recommends that companies operating in this market should focus on developing advanced silicon and software platforms that are more powerful, energy-efficient, and cost-effective. Additionally, it is suggested that companies should focus on providing customized solutions to meet the unique requirements of various applications. Finally, the report recommends that companies should focus on establishing strong partnerships with other players in the automotive supply chain to gain a competitive edge in the market.
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Global On board AI SOC Market Types
Smart Cockpit Chip
Autonomous Driving Chip
Vision Analysis Chip
Others
Global On board AI SOC Market Applications
Automotive
Industrial
Retail
Smart Home
Others
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