Market Analysis and Insights: Global Automotive Embedded Systems In Automobile Market
Data Bridge Market Research analyses that the automotive embedded systems in automobile market was valued at USD 4,483.81 million in 2021 and is expected to reach USD 7831.66 million by 2029, registering a CAGR of 7.22 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Automotive embedded system is any type of vehicle in which the electric system is specially designed to control and access data installed in vehicles. It comprises of single chip microcontroller such as microphones, cortex and others.
Growth in consumer demand towards electric vehicles and rising trend of vehicle electrification in the automobile industry and government regulations to emissions are some growth factor for the market. Technological reason for the growth in the automotive embedded system is the fact that new hardware and software technologies are embedded to facilitate the introduction of functions whose development can be costly if it was used only with the mechanical or hydraulic technology. Moreover, the demand for advanced safety, convenience and comfort for the drivers and passengers will create growth opportunity for automotive embedded systems in automobile the market in the forecast period of 2020- 2027.
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Making of electronic system needs complex level of software algorithms and results in high battery usage will act as a restraint, and further challenge the growth of automotive embedded systems in automobile market in the forecast period mentioned above.
Automotive embedded systems in automobile market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research automotive embedded systems in automobile market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automotive Embedded Systems In Automobile Market Scope and Market Size
Automotive embedded systems in automobile market is segmented on the basis of type, vehicle type, component, application and electrical vehicle type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the automotive embedded systems in automobile market is segmented into embedded hardware and embedded software.
- On the basis of vehicle type, the automotive embedded system in automobile market is segmented into passenger vehicle, light commercial vehicle and heavy commercial vehicle.
- On the basis of component, the automotive embedded systems in automobile market is segmented into sensors, microcontrollers, transceivers and memory devices.
- On the basis of application, the automotive embedded systems in automobile market is segmented into infotainment and telematics, body electronics, safety and security and power control and chassis control.
- Based on electrical vehicle type, automotive embedded systems in automobile market is segmented into battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV) and hybrid electric vehicle (HEV
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Automotive Embedded Systems In Automobile Market Country Level Analysis
Automotive embedded systems in automobile market is analysed and market size, volume information is provided by country, type, vehicle type, component, application and electrical vehicle type as referenced above.
The countries covered in the automotive embedded systems in automobile market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific is dominating the automotive embedded systems in automobile market due to rise in the income levels of the customers, increase in the number of electric vehicles in Japan and increased vehicle production in China.
The country section of the automotive embedded systems in automobile market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Embedded Systems In Automobile Market Share Analysis
Automotive embedded systems in automobile market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive embedded systems in automobile market.
The major players covered in the automotive embedded systems in automobile market report are Continental AG, Robert Bosch GmbH, Delphi Technologies, Mitsubishi Electric Corporation, Johnson Electric Holdings Limited, NXP Semiconductor, Harman International, Infineon Technologies AG, Texas Instruments Incorporated, DENSO Corporation, Panasonic, Aptiv, Verizon, NXP Semiconductors, NIVIDIA Corporation, Analog Devices, Inc, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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