Automotive Hypervisor Market - Global Trends & Forecast to 2026

The global Automotive Hypervisor Market shows significant projected growth at a CAGR of 39.3% during the forecast period to reach $704 million by 2026 from an estimated $134 million in 2021.

The embedded hypervisor technology provides virtual hardware abstraction for different automotive functions to be operated at the same time. The hypervisor is an embedded technology that has been widely used for in-vehicle infotainment applications in the automotive industry.

The growth of the automotive hypervisor market is majorly driven by the sales of high-end premium cars globally, as the hypervisor technology is majorly equipped in luxury passenger cars. The typical features integrated into embedded hypervisor technology include cockpit electronic functions such as infotainment, instrument cluster, and HMI. Thus, the hypervisor technology market is expected to witness significant growth in the future.

The key players considered in the analysis of the automotive hypervisor market are BlackBerry (Canada), Green Hills Software (US), Siemens (Mentor Graphics) (Germany), Wind River Systems (US), and Renesas (Japan).

Request FREE Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=124958216

The Asia Pacific region is estimated to be the largest automotive hypervisor market by 2026. The region comprises some of the fastest developing economies of the world such as China and India. The Asia Pacific region is the largest market for automotive due to the fact that the growing purchasing power of consumers has triggered the demand for automobiles in the region. Cost advantages for OEMs, low automobile penetration levels, and increased vehicle production offer attractive market opportunities for automobile manufacturers and automotive component, suppliers. Also, due to the availability of cheap labour and low production cost, many major OEMs have launched production plants in the region or joined hands with major domestic vehicle manufacturers. This is also driving the demand for luxury passenger cars which is proven to be the lucrative market for hypervisor technology in the coming years.

Adoption of advanced features and electronically controlled features such as infotainment, digital cluster, ADAS features and others would support the growth of the hypervisor technology market. The software, as well as hardware content and onboard computer systems in luxury vehicles, are more compared to mid-priced and economy vehicles. The connected luxury cars are expected to be the ultimate Internet of Things (IoT) in the coming years. These factors are majorly responsible for the anticipated growth of the luxury car segment in the automotive hypervisor market.

The type 1 segment is estimated to be the largest segment of the automotive hypervisor market, by type, owing to the most common and widely accepted type of product for high-end passenger cars globally. The major advantage of Type 1 hypervisor is that it enables customers to build highly compartmentalized systems that can be tailored to specific requirements. Some OEMs are developing type 1 hypervisors such that they are designed as low-complexity embedded hypervisors especially fitting automotive applications. The safety properties rely highly on a systems supervisor component. For instance, OpenSynergy has developed the COQOS hypervisor which takes advantage of hardware virtualization. Standardized, high-performance communication interfaces and protocols are also required to support the growing volume of data shared across automotive networks.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=124958216

The virtualization technology is presently adopted in passenger cars and is estimated to be the largest market in the vehicle type segment. The LCV segment is expected to be equipped with the technology by 2022 in the market study. The number of connected passenger vehicles is more compared to commercial vehicles installed with hypervisor technology, which has resulted in a greater market share. Also, connected passenger cars are expected to be the ultimate Internet of Things (IoT) in the coming years which further boosts the hypervisor market. A majority of in-vehicle systems and an increasingly wide range of external networks such as Wi-Fi, cellular, and the internet are driving the market for automotive hypervisors in the passenger car segment.

Recent Developments:

1. In April 2020, BlackBerry launched the QNX Black Channel Communications Technology which is a software solution that OEMs and embedded software developers can use to ensure safe data communication exchanges with critical safety.

2. In July 2020, Siemens announced the acquisition of Avatar, a leading developer of place and route software for the integrated circuit (IC) design. Siemen's have added Avatar's technology to the Xcelerator portfolio as a part of Mentor Graphics' IC suite of software, capitalizing on the growing place and route segment. Avatar has been integrated with Mentor Graphics' products including the Calibre platform, Tessent software, and Catapult HLS software.

3. In December 2020, Renesas Electronics Corporation unveils the R-Car V3U which is ASIL D System-on-chip (SoC) for advanced driver assistance systems (ADAS) and automated driving (AD) systems. It thereby delivers 60 TOPS with low power consumption for deep learning processing. R-Car V3U is built for the performance, safety and scalability demands of ADAS and AD for next-generation autonomous vehicles.

4. In January 2020, NXP Semiconductors announced the launch of a multi-gigabit Ethernet switch designed to help automakers deliver high-speed networks required for evolving connected vehicles. The NXP SJA1110 is the first automotive Ethernet switch with safety capabilities built-in, offering integrated hardware-assisted security as well as multi-gigabit interfaces

5. In October 2020, Continental launched the world's first mass-produced high-performance server for cars, ID.3. This high-performance computer connects electronic architecture in the ID.3 e-model and enables over-the-air updates in the future. Volkswagen is set to enter a new era in electric mobility with the launch of the ID.3, with which it has vital support from Continental.

View Full TOC @ https://www.marketsandmarkets.com/Market-Reports/automotive-hypervisor-market-124958216.html

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.