Autonomous Vehicle Chips Market, By Type of Chip, By Application, By End User, By Geography

Description

Global autonomous vehicle chips market is estimated to be valued at USD 23.64 Bn in 2024 and is expected to reach USD 41.87 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 23.64 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	8.50%	2031 Value Projection:	US$ 41.87 Bn

Figure. Autonomous Vehicle Chips Market Share (%), By Region, 2024

The adoption of autonomous vehicles has picked up pace globally in the recent past. Leading automakers and technology companies are investing heavily in developing self-driving vehicles, which is expected to revolutionize the transportation industry. Autonomous vehicles require robust processing capabilities to handle huge volumes of sensor data and make real-time driving decisions. This is driving the demand for high-performance autonomous vehicle chips that can support Advanced Driver Assistance Systems (ADAS) and autonomous driving functionalities. The global autonomous vehicle chips market is poised to grow significantly in the coming years due to the increasing automation of automobiles and rising consumer preference for advanced mobility solutions.

Market Dynamics:

The global autonomous vehicle chips market is expected to witness rapid growth over the next decade. The key drivers contributing to the market growth include rising demand for fuel-efficient and eco-friendly vehicles, increasing government emphasis on road safety, and growing investment by automakers towards developing self-driving cars. However, high R&D costs associated with autonomous driving technologies and lack of required infrastructure in emerging nations are some challenges restraining the market. On the positive side, continuous technological innovations in the fields of artificial intelligence, image processing, and advanced driver assistance systems are expected to create lucrative opportunities for autonomous vehicle chip manufacturers. Standardization of virtual driving platforms is another positive trend shaping the future of autonomous mobility solutions.

Key Features of the Study:

This report provides in-depth analysis of the global autonomous vehicle chips market and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period 2024-2031, considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global autonomous vehicle chips market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include ABB Ltd, Infineon Technologies AG, Intel Corporation, MobilEye (an Intel company), NVIDIA Corporation, Qualcomm Incorporated, Renesas Electronics Corporation, Samsung Electronics Co., Ltd., Siemens AG, Texas Instruments (TI), Tesla, Inc., Waymo LLC, Xilinx, Inc., Aptiv PLC, and Aurora Innovation, Inc.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global autonomous vehicle chips market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global autonomous vehicle chips market.

Detailed Segmentation-

By Type of Chip Insights (Revenue, USD Bn, 2019 - 2031)
- Processors
- Microcontrollers
- FPGAs (Field-Programmable Gate Arrays)
- GPUs (Graphics Processing Units)
By Application Insights (Revenue, USD Bn, 2019 - 2031)
- Passenger Vehicles
- Commercial Vehicles
- Defense Vehicles
- Public Transport Vehicles
By End User Insights (Revenue, USD Bn, 2019 - 2031)
- Automotive
- Logistics and Transportation
- Defense
- Others
By Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- ABB Ltd
- Infineon Technologies AG
- Intel Corporation
- MobilEye (an Intel company)
- NVIDIA Corporation
- Qualcomm Incorporated
- Renesas Electronics Corporation
- Samsung Electronics Co., Ltd.
- Siemens AG
- Texas Instruments (TI)
- Tesla, Inc.
- Waymo LLC
- Xilinx, Inc.
- Aptiv PLC
- Aurora Innovation, Inc.

Product Code: CMI7379

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type of Chip
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic

4. Global Autonomous Vehicle Chips Market, By Type of Chip, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Processors
- Introduction
- Market Size and Forecast, 2019-2031, (USD Bn)
Microcontrollers
- Introduction
- Market Size and Forecast, 2019-2031, (USD Bn)
FPGAs (Field-Programmable Gate Arrays)
- Introduction
- Market Size and Forecast, 2019-2031, (USD Bn)
GPUs (Graphics Processing Units)
- Introduction
- Market Size and Forecast, 2019-2031, (USD Bn)

5. Global Autonomous Vehicle Chips Market, By Application, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Passenger Cars
- Introduction
- Market Size and Forecast, 2019-2031, (USD Bn)
Commercial Vehicles
- Introduction
- Market Size and Forecast, 2019-2031, (USD Bn)
Defense Vehicles
- Introduction
- Market Size and Forecast, 2019-2031, (USD Bn)
Public Transport Vehicles
- Introduction
- Market Size and Forecast, 2019-2031, (USD Bn)

6. Global Autonomous Vehicle Chips Market, By End User, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Automotive
- Introduction
- Market Size and Forecast, 2019-2031, (USD Bn)
Logistics and Transportation
- Introduction
- Market Size and Forecast, 2019-2031, (USD Bn)
Defense
- Introduction
- Market Size and Forecast, 2019-2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, 2019-2031, (USD Bn)

7. Global Autonomous Vehicle Chips Market, By Region, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
North America
- Regional Trends
- Market Size and Forecast, By Type of Chip, 2019-2031, (USD Bn)
- Market Size and Forecast, By Application, 2019-2031, (USD Bn)
- Market Size and Forecast, By End User, 2019-2031, (USD Bn)
- Market Size and Forecast, By Country, 2019-2031, (USD Bn)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Type of Chip, 2019-2031, (USD Bn)
- Market Size and Forecast, By Application, 2019-2031, (USD Bn)
- Market Size and Forecast, By End User, 2019-2031, (USD Bn)
- Market Size and Forecast, By Country, 2019-2031, (USD Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Type of Chip, 2019-2031, (USD Bn)
- Market Size and Forecast, By Application, 2019-2031, (USD Bn)
- Market Size and Forecast, By End User, 2019-2031, (USD Bn)
- Market Size and Forecast, By Country, 2019-2031, (USD Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Type of Chip, 2019-2031, (USD Bn)
- Market Size and Forecast, By Application, 2019-2031, (USD Bn)
- Market Size and Forecast, By End User, 2019-2031, (USD Bn)
- Market Size and Forecast, By Country, 2019-2031, (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East
- Regional Trends
- Market Size and Forecast, By Type of Chip, 2019-2031, (USD Bn)
- Market Size and Forecast, By Application, 2019-2031, (USD Bn)
- Market Size and Forecast, By End User, 2019-2031, (USD Bn)
- Market Size and Forecast, By Country, 2019-2031, (USD Bn)
  - South Africa
  - Israel
  - GCC Countries
  - Rest of the Middle East
Africa
- Regional Trends
- Market Size and Forecast, By Type of Chip, 2019-2031, (USD Bn)
- Market Size and Forecast, By Application, 2019-2031, (USD Bn)
- Market Size and Forecast, By End User, 2019-2031, (USD Bn)
- Market Size and Forecast, By Country, 2019-2031, (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

8. Competitive Landscape

Company Profiles
- ABB Ltd
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Infineon Technologies AG
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Intel Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- MobilEye (an Intel company)
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- NVIDIA Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Qualcomm Incorporated
- Renesas Electronics Corporation
- Samsung Electronics Co., Ltd.
- Siemens AG
- Texas Instruments (TI)
- Tesla, Inc.
- Waymo LLC
- Xilinx, Inc.
- Aptiv PLC
- Aurora Innovation, Inc.

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Research Methodology

References
Research Methodology
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