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Embedded Systems in Automobiles Industry 2021 – Key Regions, Company Profile, Opportunity and Challenge 2028

11-10-2021 03:56 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

An embedded system is a set of computer hardware and software that performs a certain job, either fixed or programmed, in order to increase efficiency and reduce pollution. The embedded system is a critical component of anti-lock braking, electronic stability control, traction control, and automated four-wheel drive systems in automobiles. The embedded system hardware includes microcontroller or microprocessor, integrated circuit, central processing unit, and others. The embedded software system includes operating system such as Linux, Windows, Java, and others.

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MARKET SEGMENTATION
• Based on type, the global embedded systems in automobiles market is segmented into embedded hardware, and embedded software.
• On the basis of component, the market is segmented into sensors, microcontrollers (MCU), transceivers, and memory devices.
• On the basis of vehicle type, the market is segmented into passenger cars, and commercial vehicles.

MARKET DYNAMICS
Drivers:
• Increase in modernization in the automobile industry, vehicle electrification, safety, and comfort are expected to boost embedded system during the forecast period.
• Rise in demand for embedded systems, which are generally available in the cars
Restraints
• Automotive embedded systems have a short life, which is estimated to restraint the embedded systems in automobile market during the forecast period.

The "Global Embedded Systems in Automobiles Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the embedded systems in automobiles market with detailed market segmentation type, component, vehicle type, and geography. The report provides key statistics on the market status of the leading embedded systems in automobiles market players and offers key trends and opportunities in the market.

IMPACT OF COVID-19 ON EMBEDDED SYSTEMS IN AUTOMOBILES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

The List of Companies
1. Continental AG
2. Denso Corporation
3. ETAS GmbH
4. Harman International
5. Infineon Technologies AG
6. Mitsubishi Electric Corporation
7. NXP Semiconductors
8. Panasonic Corporation
9. Texas Instruments Incorporated
10. Toshiba Information Systems (Japan) Corp.

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Thanks for reading this article; you can also customize this report to get select chapters or region-wise coverage with regions such as Asia, North America, and Europe.

Contact Us:
The Insight Partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are committed to provide highest quality research and consulting services to our customers. We help our clients understand the key market trends, identify opportunities, and make informed decisions with our market research offerings at an affordable cost.
We understand syndicated reports may not meet precise research requirements of all our clients. We offer our clients multiple ways to customize research as per their specific needs and budget

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