Industry Background:
Automotive Embedded Systems is specially designed for the Role of Automobiles. Basically, an embedded system is an electronic system that is designed to control, access the data through electronics-based systems. This system covers a single-chip microcontroller including cortex, ARM, and also others.This growth is primarily driven by Rising Demand for Electric Vehicles
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Business Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Robert Bosch GmbH (Germany), Continental AG (Germany), Panasonic Corporation (Japan), Texas Instruments (United States), Mitsubishi Electric Corporation (Japan), Denso Corporation (Japan), Mitsubishi Electric (Japan), Delphi Automotive (Ireland), Texas Instruments (United States) and Infineon Technologies (Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In November 2022, the ELISA project announced its commitment to Linux and its effective use in safety-critical applications in connected cars, with Robert Bosch GmbH and XPENG Motors joining the project. Hosted by the Linux Foundation, ELISA is an open-source initiative that aims to create a shared set of tools and processes to help companies build and certify Linux-based safety-critical applications and systems.
In Apr 2020, Hitachi Automotive Systems Ltd. Announced the acquisition of seniors GmbH, though these initiatives Hitachi enhance its software development capabilities which are primarily focused on automotive components, and via this Hitachi will become more competitive in the market.The companies are operating in the market are exploring in the new geographical regions by adopting mergers & acquisitions, expansions, investments, new solution launches, and collaborations as their business growth strategies. The market growth is exploring in new areas through the expansions and acquisitions across the globe to gain competitive advantage through joined initiatives.
Influencing Trend:
Increase Market Rivalry in the Market
Market Growth Drivers:
Rising Demand for Electric Vehicles, Growing requirement for Advanced Safety, Comfort, and Convenience Systems and Emerging Trend of Vehicle Electrification
Challenges:
Danger of Cyberattacks
Restraints:
Huge Power Consumption Required
Opportunities:
The arrival of Autonomous Vehicles and Cumulative Consciousness About Vehicle Security
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Automotive Embedded System Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Automotive Embedded System Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Automotive Embedded System players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Automotive Embedded System Study Sheds Light on
The Automotive Embedded System Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Automotive Embedded System industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automotive Embedded System industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.