Global Automotive Embedded System Market – Industry Analysis and Forecast (2019-2026)

Global Automotive Embedded System Market is expected to reach USD 43.81 Billion by 2026 from USD XX Billion in 2018 at CAGR of XX % (Detailed analysis of the market CAGR is provided in the report).

Global-Automotive-Embedded-System-Market.png


Global Automotive Embedded System Market is segmented by type, vehicle type, electrical vehicle type, component, application type, and geography. Safety and Security sub-segment is expected to gain the largest Global Automotive Embedded System Market share in the forecast period. Increasing awareness about safety features and increased mandatory installation of features such as anti-lock braking systems (ABS) and airbags is expected to fuel the safety and security sub-segment growth. Vehicle type segment is estimated to experience the significant growth of passenger cars sub-segment. This growth is attributed to higher adoption growth of high-end electronics and advanced systems in passenger cars and larger volume of passenger vehicles. The Global Automotive Embedded System Market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.

Rising acuity about advanced safety, comfort, and convenience systems are trending the overall Global Automotive Embedded System Market. However, the short lifespan of electronics systems will restrain the market growth. APAC is going to emerge as one of the higher growth regions in the forecast period followed by North America and Europe. Japan and South Korea’s presence with their technological advancement, tremendous vehicle production in developing economies like China and India will fuel the Global Automotive Embedded System Market in the APAC region.

Key Highlights:

• Assessment of market definition along with the identification of key players and analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints, and challenges for Global Automotive Embedded System Market during the forecast period

• Complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities

• In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain

• Global Automotive Embedded System Market analysis and comprehensive segmentation with respect to the type, vehicle type, electrical vehicle type, component, application type, and geography to assist in strategic business planning

• Global Automotive Embedded System Market analysis and forecast for five major geographies North America, Europe, Asia Pacific, Middle East & Africa, Latin America and their key regions

REQUEST FOR FREE SAMPLE REPORT: https://www.maximizemarketresearch.com/request-sample/11159

Research Methodology:

The research methodology used in this report contains various secondary sources including directories such as Canada Automobile Association (CAA), Japan Automobile Manufacturers Association (JAMA), Korea Automobile Manufacturers Association (KAMA), European Automobile Manufacturers Association (ACEA), and Automotive Component Manufacturers Association of India (ACMA). Bloomberg, Hoovers, and Factiva are some of the sites that are being referred to gain insights about Global Automotive Embedded System Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Global Automotive Embedded System Market globally

The objective of the report is to present comprehensive Global Automotive Embedded System Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Global Automotive Embedded System Market North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Global Automotive Embedded System Market North America for Asia Pacific size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Automotive Embedded System Market North America for Asia Pacific make the report investor’s guide.

Key Players in the Global Automotive Embedded System Market Are:

• Delphi Automotive PLC

• Robert Bosch

• Toshiba

• Continental

• Johnson Electric

• Mitsubishi Electric Corporation

• NXP Semiconductors

• Harman International

• Infineon Technologies

• Texas Instruments

• Denso Corporation

• Panasonic

Key Target Audience:

• Research and Consulting Firms as well as Venture capitalists, private equity firms, and startup companies

• Automotive Embedded System manufacturers

• Automobile manufacturers

• Embedded software developers

• Raw material suppliers

• Automotive Embedded System Market Investors

• Traders and distributors of Automotive Embedded System

• Electric vehicle manufacturers

• Original Equipment Manufacturers (OEM) and component manufacturing associations

• Government and regulatory authorities

DO INQUIRY BEFORE PURCHASING REPORT HERE: https://www.maximizemarketresearch.com/inquiry-before-buying/11159

The scope of the Report:

Research report categorizes the Automotive Embedded System Market based on type, vehicle type, electrical vehicle type, component, application type, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Automotive Embedded System Market with key developments in companies and market trends.

Global Automotive Embedded System Market By Type:

• Embedded Hardware

• Embedded Software

Global Automotive Embedded System Market, By Vehicle Type:

• Passenger Vehicle

• Light Commercial Vehicle

• Heavy Commercial Vehicle

Global Automotive Embedded System Market, By Component:

• Sensors

• Microcontrollers

• Transceivers

• Memory Devices

Global Automotive Embedded System Market, By Application Type

• Infotainment and Telematics

• Body Electronics

• Safety and Security

• Power Control and Chassis Control

Global Automotive Embedded System Market, By Electrical Vehicle Type:

• BEV

• PHEC

• HEV

Global Automotive Embedded System Market, By Geography:

• North America

• Europe

• Asia Pacific

• Middle East & Africa

• Latin America

Browse Full Report with Facts and Figures of Automotive Embedded System Market Report at: https://www.maximizemarketresearch.com/market-report/global-automotive-embedded-system-market/11159/

About Us:

Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Contact info:

Name: Vikas Godage

Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.

Email: [email protected]

Contact: +919607065656/ +919607195908

Website: www.maximizemarketresearch.com
 
This report abstract from Maximize Market Research offers a valuable overview of the Global Automotive Embedded System Market, outlining its growth trajectory, key drivers, restraints, and segmentation.

Market Valuation and Forecast:The report indicates that the Global Automotive Embedded System Market is expected to reach USD 43.81 Billion by 2026 from USD XX Billion in 2018, with a CAGR of XX %.

  • Based on my search, Maximize Market Research's own report (ID 11159) indicates the Automotive Embedded System Market size was valued at USD 4.8 Billion in 2023 and is expected to grow at a CAGR of 5.6% from 2024 to 2030, reaching nearly USD 6.98 Billion by 2030.
  • Another source projects the market to reach USD 108.17 billion by 2032 with a CAGR of 8.93% from 2025-2032, while others forecast it to reach around USD 15-16 billion by 2032-2033 with a CAGR in the range of 7-8%.
  • It's important to note the discrepancy in the 2018 and 2026 figures and CAGR provided in the abstract versus what's available in more recent Maximize Market Research information (which appears to update their own report statistics frequently). The USD 43.81 Billion by 2026 figure seems to be significantly higher than other projections found. For consistency and accuracy, it would be crucial to refer to the full report for the detailed analysis of the market CAGR as mentioned in the abstract.
Market Drivers:

  • Rising Acuity about Advanced Safety, Comfort, and Convenience Systems: This is a major trend. Consumers are increasingly demanding features that enhance their driving experience and safety.
  • Increased Mandatory Installation of Safety Features: Regulations requiring features like Anti-lock Braking Systems (ABS) and airbags are fueling growth in the safety and security sub-segment. This regulatory push ensures a baseline demand for embedded systems.
  • Higher Adoption of High-End Electronics and Advanced Systems in Passenger Cars: Passenger vehicles are incorporating more sophisticated electronics and systems (e.g., infotainment, ADAS, connectivity), driving up the demand for embedded systems due to their larger volume of sales.
  • Technological Advancement in Japan and South Korea: The presence of technologically advanced automotive industries in these countries is a significant regional driver.
  • Tremendous Vehicle Production in Developing Economies (China and India): The high volume of vehicle manufacturing in these growing markets contributes significantly to the overall market growth.
Market Restraints:

  • Short Lifespan of Electronic Systems: This is identified as a restraint. Electronic components can degrade over time, leading to obsolescence and the need for frequent updates or replacements. This can increase maintenance costs for consumers and complexities for manufacturers, especially given the long operational life expected from vehicles. The complexity of integrating numerous ECUs and software, along with challenges in providing routine security updates, also adds to this constraint.
Segmentation Insights:

  • Application Type: Safety and Security to Dominate: This sub-segment is expected to gain the largest market share due to increasing consumer and regulatory awareness about safety and the mandatory installation of features like ABS and airbags.
  • Vehicle Type: Passenger Cars to Experience Significant Growth: This is attributed to the higher adoption of high-end electronics and advanced systems in passenger cars, combined with their larger sales volume.
  • Component: The report lists Sensors, Microcontrollers, Transceivers, and Memory Devices as key components. (Other reports also highlight the dominance of embedded software within the "type" segment, as software defines the functionality of these systems).
  • Electrical Vehicle Type: Segments include Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV), and Hybrid Electric Vehicle (HEV), indicating the growing importance of electrification in embedded systems.
  • Application Types: Infotainment and Telematics, Body Electronics, Safety and Security, Power Control and Chassis Control. These cover the main functional areas where embedded systems are critical.
Regional Analysis:

  • APAC to Emerge as a High Growth Region: Asia-Pacific is projected to lead in growth, followed by North America and Europe. This growth in APAC is fueled by the technological advancements in Japan and South Korea, and massive vehicle production in developing economies like China and India. This aligns with global trends where APAC is a major manufacturing and consumer hub for automobiles.
  • North America and Europe: While APAC leads in growth rate, North America and Europe remain significant markets, driven by stringent safety regulations, advanced automotive technologies (ADAS, autonomous driving), and consumer demand for premium features.
Research Methodology:The report utilizes a robust methodology, combining various secondary sources (automobile associations, financial databases like Bloomberg) with primary research (insights from experts and stakeholders). It employs top-down and bottom-up approaches, along with data triangulation, for accurate market sizing.

Key Highlights of the Report:The report promises a comprehensive assessment covering market definition, competitive analysis (strategies of key players), quantitative analysis (2016-2024 data), in-depth analysis of market segments, dynamics, size, and value chain, along with PESTEL, PORTER, and SWOT analyses.

Key Players:The list of key players includes major global automotive suppliers and semiconductor companies, reflecting the diverse expertise required in the automotive embedded system market.

Key Target Audience:The report targets a broad audience, from research firms and investors to various players within the automotive ecosystem, including manufacturers (automotive, EV, embedded system), software developers, suppliers, and government bodies.

In conclusion, the Global Automotive Embedded System Market is on a strong growth trajectory, driven by increasing demand for advanced safety, comfort, and connectivity features in vehicles, particularly in the rapidly expanding passenger car segment. While the short lifespan of electronics poses a challenge, the strong growth in the Asia Pacific region, coupled with ongoing technological advancements, will be key to its expansion.
 
Back
Top