Automotive Embedded System Market Size, Competitive Strategic Insights, Business Trends, Swot Analysis Forecasts By 2026 – Verizon, Robert Bosch, Panasonic

Automotive Embedded System Market Snapshot:

The global automotive embedded system market was valued at USD 5.32 billion in 2017 and is expected to grow at CAGR 8.1% over the forecast period 2019–2026.

An embedded system in any type of vehicle is an electronic system specifically designed to control and access data in an electronic-based system. These systems include single-chip microcontrollers such as cortex and ARM as well as microprocessors such as FPGAs, DSPs, and ASICs. Advanced embedded systems have been gaining traction in the automobile sector since the past few years. A number of automotive manufacturers have assembled the latest embedded systems into their production vehicles for various functionalities such as ignition, braking system, airbags, in-vehicle networking, engine assembly, security system, and audio system.

Ever-growing conventional fuel prices, innovation, and demand for electric vehicles across various regions are the key factors driving the automotive embedded system market. Further, strict regulations regarding vehicular carbon emission, antilock braking systems (ABS), electronic brake-force distribution (EBD), tire pressure management systems (TPMS), and airbags across every model of any vehicle by various governments are also propelling market expansion. Moreover, the demand for advanced safety, comfort, and convenience for drivers and passengers are expected to boost market growth in the coming years. On the other hand, automotive embedded systems use low-level electronic components and have a limited lifespan and high power utilization, which are expected to hamper market growth to some extent.

Information on vehicle theft, maintenance, location, and condition can be monitored with the use of an automatic embedded vehicle management system. The increasing complexity of electronic architectures that are embedded in a vehicle and locality constraints for sensors and actuators are compelling the automotive industry to adopt a distributed approach to implement a set of functions. The designing process of an electronically-embedded system depends upon the approach of the vehicle manufacturer and system supplier.

Asia Pacific is pegged to be the largest and fastest growing region, due to increasing income levels and vehicle production in developing countries such as China, and expanding electric vehicle parc in countries such as Japan. According to OICA statistics, China, followed by Japan, India, and South Korea, is the leading country in terms of vehicle production rate with a total of 29,015,434 manufactured vehicles in 2017.

North America is expected to account for the second largest share in the automotive embedded system market due to the dynamic growth of automotive and manufacturing sectors in developed countries such as the U.S. and Canada and introduction of enhanced technologies & strategies by prominent players.

Europe is pegged to be a mature market due to the presence of prominent automobile manufacturers in the U.K., Germany, and France. For instance, in 2002, the Europe automotive industry formed the ‘AUTOSAR consortium’ to implement layered system architecture including embedded software standards.

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The Major Prominent Players Covered in this Report:
Verizon, Robert Bosch, Panasonic, Toshiba, Intel, Continental AG, Denso, Mitsubishi Electric, Magna International, Valeo, Delphi Automotive, Texas Instruments, Hella KGaA Hueck & Co., Infineon Technologies, Harman International, NXP Semiconductors, Nvidia, Renesas Electronics, on Semiconductor, Analog Devices, Inc., Visteon, Rohm Semiconductor, Johnson Electric, Microchip Technology Inc., and Sierra Wireless. These players are taking cognizance of market needs in developing countries and expanding their strategies accordingly. & More.

By Component
Transceivers
Sensors
Image Sensors
Lidar Sensors
Temperature Sensors
Radar Sensors
Pressure Sensors
Memory Devices
Microcontrollers (MCU)

By Application
Infotainment & Telematics
Body Electronics
Safety & Security
Powertrain & Chassis Control
Others

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Automotive Embedded System in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Automotive Embedded System market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Automotive Embedded System and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Automotive Embedded System. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

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Key Developments -
In February 2018, Panasonic Corporation announced a partnership with Trend Micro Incorporated to develop cybersecurity solutions that detect and prevent cyber-attacks against autonomous and connected cars. The security solution includes embedded devices connected outside the vehicle with IP communications.

In March 2009, prominent car manufacturers, including BMW Group, Delphi, GM, Intel, Magneti-Marelli, PSA Peugeot Citroen, Visteon, and Wind River Systems established the GENIVI alliance for the development of a platform based on an automotive infotainment software that runs music & entertainment, navigation, and other telematics connected car applications.

Key Questions Answered in The Report:
What will the Automotive Embedded System market growth rate?
What are the key factors driving the global Automotive Embedded System market?
Who are the key manufacturers in the Automotive Embedded System market space?
What are the market opportunities, market risk, and market overview of the Automotive Embedded System market?
What are sales, revenue, and price analysis of top manufacturers of the Automotive Embedded System market?
Who are the distributors, traders, and dealers of the Automotive Embedded System market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Automotive Embedded System Industry?
What are sales, revenue, and price analysis by regions of Automotive Embedded System industry?
What are the driving factors contributing to market growth during the short, medium, and long term?
Why Buy This Report?

The automotive embedded system market is currently experiencing swift growth around the globe. Initiative announcements, improved product launches, strategic collaborations, partnerships, mergers, and acquisitions by market players are expected to positively influence market growth during the forecast period.

The report offers insights on the automotive embedded system market, focusing on recent developments across different regions and development strategies adopted by market participants. The following sections are specifically covered in the report.

Definitive Market Data
Automotive embedded system Market Analysis
Competitive Analysis
Recent Opportunities in the Market
6-7 Year Performance Forecasts: Major Segments Covering Top Products/Services and Geographies
Market Share Analysis
Potential Venture Avenues
Technology Assessment
Patent Analysis

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