About Automotive Emergency Call System
The global automotive emergency call system market is expected to grow at a slow pace during the forecast period, according to the AMA study. The growing demand for connected technologies in the automotive industry, increasing demand from growing fleet of autonomous fleet, and rising global electric vehicle fleet & production are some of the major factors aiding into the growth for te market. However, the market is expected to witness a slight decline in the growth during the next few years but it is again expected to rise with a healthy pace after the COVID-19 pandemic is over.
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The vendors in this market are majorly focusing on development of new & innovative products & solutions to cater to market's demand to remain competitive in the global market. Analyst at AMA Research estimates that Germany Players will contribute the maximum growth to Global Automotive Emergency Call System market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Continental AG (Germany), STMicroelectronics (Switzerland), Texas Instruments Incorporated (United States), GEMALTO N.V. (Netherlands), TRL (United Kingdom), Aptiv (Dublin), Robert Bosch GmbH (Germany), Telit (London), ublox (Zurich), Rohde Schwarz (Germany) and Keysight Technologies (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Automotive Emergency Call System market by , Application (Passenger Cars and Commercial Vehicles) and Region.
On the basis of geography, the market of Automotive Emergency Call System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. OEMs will boost the Automotive Emergency Call System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Satellite Communication Call will boost the Automotive Emergency Call System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware will boost the Automotive Emergency Call System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Concerns Regarding Safety & Security of Passengers Travelling in the Vehicle
Market Growth Drivers:
The Growing Demand for Connected Technologies in Automotive Industry, Increasing Demand from Growing Fleet of Autonomous Vehicles and Rising Global Electric Vehicle Fleet & Production
Challenges:
Lack of Connected Vehicles Infrastructure Worldwide
Restraints:
The Outbreak of COVID-19 Pandemic is One of the Major Factors Impacting the Overall Automotive Industry by Creating a Economic Crisis with Huge Losses to the Industry
Market Leaders and their expansionary development strategies
In April 2020, Thales Group announced that it has completed the acquisition of GEMALTO (Euronext Amsterdam and Paris: GTO) which led Thales to become one of the global leaders in indentity & security.
Stringent Government Regulations Regarding the Shutting Down of Production & Development of Automotive Vehicles & Components Along with Lock Down at Different Regions Leading to Reduced Usage of Vehicles & Demand for Automatic Emergency Calling
Analyst View
North America region dominated the global automatic emergency call system market due to high deployment of connected & digital technologies across the automotive industry which is one of the major drivers for North American automatic emergency call system market.
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.