Automotive Hypervisor Market - Growth, Insights, Trends, Overview

Automotive Hypervisor Market is estimated to grow at a CAGR of 39.3% during the forecast period to reach USD 704 million by 2026 from an estimated USD 134 million in 2021.

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).

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The automotive hypervisor market in the Asia Pacific is estimated to be the largest during the forecast period. High production of passenger cars in the region to cater to the consistently increasing demand for vehicles is highly responsible for the growth of the automotive hypervisor market. China is the largest producer of automobiles in the world. Furthermore, nearly all major OEMs have invested in the Chinese market, which is inclined toward small and affordable passenger vehicles. There has been an increase in the demand for luxury and mid-priced vehicles over the past decade in the countries like India, Japan, South Korea, and Thailand. Since the automotive market is highly driven by cost, most of the advanced automotive electronics are found in high-end vehicles. However, OEMs such as Suzuki and Hyundai are now offering advanced electronic applications in their mid-segment vehicle variants, which will drive the demand for the automotive hypervisor market in the future.

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.

The semi-autonomous vehicles segment is estimated to be the largest segment of the automotive hypervisor market, by the level of autonomous driving. The increasing rate of adoption of safety and convenience features in vehicles is driving the growth of the semi-autonomous market. Advance features installed in almost all vehicles as a mandate or option are expected to support the adoption of an increasing number of virtual machines in vehicles. Countries are investing on a high scale in the development of this technology. For instance, the European Union has funded research on auto road transport as a priority in the Horizon 2020 Transport Research Programme which is an EU funding program for research and innovation in multi-national collaboration transport projects.

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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.

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