Market Snapshot:
Global automotive Embedded System market is expected to grow due to the increasing number of vehicles across the globe and high economic growth rate which contributes to boosting this market. Asia-Pacific holds the highest market share being the leading producer. An embedded system is an integral part of automotive safety systems, a combination of computer hardware and software, either fixed in capability or programmed that is designed, to maximize efficiency and reduce pollution. It includes an anti-lock braking system, electronic stability control, traction control, and automatic four-wheel drive and displays information either on the windshield of the car or on a separate screen.
Highlights from Embedded Systems In Automobile Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Largest Market | Japan |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan), Panasonic Corporation (Japan), Delphi Technologies (U.K), Infineon Technologies AG (Germany), NXP Semiconductors (Netherlands), Renesas Electronics (Japan) and Microsoft (United States). Additionally, other players that are part of this comprehensive study are Texas Instruments (United States), Japan Automobile Manufacturers Association (JAMA) (Japan) and Mitsubishi Electric Corporation (Japan).
Geographic Breakdown and Segment Analysis
The Global Embedded Systems In Automobile market presents a comprehensive analysis of the Embedded Systems In Automobile market by product type (Embedded Hardware and Embedded Software), by end-user/application (Railway transportation, Electronic payment, Aeronautics, Ignition, Security, Infotainment & Telematics, Body Electronics, Safety & Security and Power train & Chassis Control), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Embedded Systems In Automobile industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the Japan holds majority of market share of the Embedded Systems In Automobile market
Analyst at AMA have segmented the market study of Global Embedded Systems In Automobile market by Type, Application and Region. On the basis of application, Safety and Security segment is dominating the market.
Influencing Trend:
Embedded hardware segment is expected to expand at a significant growth rate due to the replacement of components in the vehicle owing to malfunction.
Market Growth Drivers:
Increasing demand for embedded systems available in cars, Increasing modernization in the automobile industry, Deployment of Embedded systems in emerging telematics products and in-vehicle infotainment for an automotive purpose and Stringent safety norms for advanced safety and convenience which in turn drives this market.
Challenges:
Developing and understanding to program a complex system efficiently.
Restraints:
Increased level of software algorithms, which results in high battery consumption and increased usage of processor space.
Opportunities:
Increasing demand for multimedia products and portable computing devices in the vehicle market such as GPS, parking sensors are expected to boost the market growth and provide opportunities for key vendors.
Regulatory Insights:
The Government has made it mandatory for all cars and mini-buses to install anti-lock braking system (ABS) by April 2019 which will help prevents brakes from locking up when they are suddenly applied on a slippery road.
This market is expected to be highly fragmented and competitive over the forecast period owing to increasing investment that has been done by several companies in research & development.
Key Target Audience
Distributors and suppliers of Automotive Embedded Systems, Manufacturers of Automotive Embedded Systems, Semiconductor manufacturers, Embedded software developers, Vehicle manufacturers, Electric vehicle manufacturers, Raw material suppliers, Industry associations and experts and Automobile organizations/associations