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.
The global Automotive Embedded Systems in Automobile Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Automotive Embedded Systems in Automobile market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
Top Companies in the Global Automotive Embedded Systems in Automobile Market:
Continental AG (Germany), Robert Bosch GmbH (Germany), BorgWarner Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Johnson Electric Holdings Limited, (China), NXP Semiconductors (Netherlands), Harman International (U.S.), Infineon Technologies AG (Germany), Texas Instruments Incorporated (U.S.), DENSO Corporation (Japan), Panasonic Corporation (Japan), Aptiv (Ireland), Verizon (U.S.), NIVIDIA Corporation (U.S.), Analog Devices, Inc, (U.S.), System Controls (India), TOSHIBA CORPORATION (Japan), among others.
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Market Segmentation:
The automotive embedded systems in automobile market is segmented on the basis of type, vehicle type, component, application and electrical vehicle. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
• Embedded Hardware
• Embedded Software
Vehicle Type
• Passenger Vehicle
• Light Commercial Vehicle
• Heavy Commercial Vehicle
Component
• Sensors
• Microcontrollers
• Transceivers
• Memory Devices
Application
• Infotainment and Telematics
• Body Electronics
• Safety and Security
• Power Control and Chassis Control
Electrical Vehicle
• Battery Electric Vehicle (BEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
• Hybrid Electric Vehicle (HEV)
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Market Dynamics:
Drivers
• Rising demand for safety and comfort
The automotive embedded system in automobile market can increase with a significant growth rate as all modern vehicles equipped with embedded systems due to extensive demand for convenience, comfort and safety while driving. This is anticipated to drive the growth of the automotive embedded system in automobile market during the forecast period of 2022-2029.
• Increasing demand of electric vehicle
The growing demand for electric vehicles overall the globe and increasing adoption of embedded systems in hybrid and electric vehicles because of their ability to improve efficiency and reduce pollution are anticipated to drive the growth rate of the global automotive embedded systems in automobile market .
Opportunities
• Technological advancement
Technological advancement is the major reason for the growth of the automotive embedded system in automobile due to the introduction of new hardware and software technologies in the market which are embedded to facilitate the introduction of functions. This is the major reason which will create the immense opportunity for the growth of the automotive embedded systems in automobile market in upcoming years.
Also, the emergence of autonomous vehicles is another important factor supporting the growth opportunity for the key players in the global automotive embedded systems in the automobile market.
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Strategic Points from Table of Content:
– Market Summary
– Economic Impact Competition Analysis by Players
– Production, Revenue (Value) by geographical segmentation
– Automotive Embedded Systems in Automobile Market Size by Type and Application
– Regional Market Status and Outlook
– Automotive Embedded Systems in Automobile Market Analysis and Outlook
– Automotive Embedded Systems in Automobile Market Forecast by Region, Type, and Application
– Cost Investigation, Market Dynamics
– Marketing Strategy comprehension, Distributors and Traders
– Market Effect Factor Analysis
– Research Finding/ Conclusion
– Appendix
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