Autonomous Vehicle Chips Market, By Type of Chip (Processors , Microcontrollers, FPGAs, and GPUs), By Application (Passenger Vehicles, Commercial Vehicles, Defense Vehicles, and Public Transport Vehicles), By End User (Automotive, Logistics and Transporta

Autonomous Vehicle Chips Market, By Type of Chip (Processors , Microcontrollers, FPGAs, and GPUs), By Application (Passenger Vehicles, Commercial Vehicles, Defense Vehicles, and Public Transport Vehicles), By End User (Automotive, Logistics and Transportation, Defense, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

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.