新技术前瞻专题系列（六）：智驾芯片行业的春天

Investment Rating - The report rates the intelligent driving chip industry as "positive" based on its expected performance relative to market benchmarks [64]. Core Insights - The intelligent driving chip industry is poised for rapid development due to ongoing technological advancements and increasing market penetration of autonomous vehicles [7][55]. - The global penetration rate of autonomous passenger vehicles reached 69.8% in 2023, with projections indicating it will rise to 87.9% by 2028 [37]. - The Chinese automotive-grade SoC market is expected to grow from 26.7 billion RMB in 2023 to 102 billion RMB by 2028, indicating a significant growth trajectory [38]. Summary by Sections Q1: What is Intelligent Driving Chip? - Intelligent driving chips include MCU and SoC, with SoC being the mainstream due to its integration of multiple components into a single chip, enhancing performance and efficiency [6][10]. Q2: Advantages and Challenges of Intelligent Driving SoC Chips - Advantages of SoC include reduced size, lower costs, low power consumption, and enhanced system functionality [15]. - Challenges include manufacturing, packaging, and testing bottlenecks that need to be addressed for further development [16]. Q3: Trends in Intelligent Driving Chips - The transition from MCU to SoC is ongoing, with SoC expected to meet the increasing computational demands of higher levels of autonomous driving [7][24]. - The report highlights the importance of software and hardware integration for the advancement of intelligent driving systems [33]. Q4: Market Space and Competitive Landscape of Intelligent Driving Chips - The global sales of autonomous passenger vehicles are projected to reach 68.8 million units by 2028, with significant growth in China [37]. - The report notes that the domestic SoC market participants currently hold only 7.6% market share, indicating substantial room for growth in domestic production [40]. Q5: Beneficiaries of Intelligent Driving SoC Development - The production segment is expected to benefit significantly, with domestic suppliers likely to emerge as key players due to their competitive advantages [48]. - Companies such as Horizon Robotics, Black Sesame Intelligence, and others are identified as potential beneficiaries of the growth in the intelligent driving chip sector [55].