Automotive Emergency Call Services Market Trends, Business Overview, Industry Growth and Forecast to 2028

The global automotive emergency call services market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). The rising urban growth, demographic changes, improved living standards, and rising incomes are the key motivators for the rapid growth in car sales and production. Increased traffic congestion and high levels of road accidents raise safety concerns for consumers has increased the tendency to improve the safety and security features of vehicles, thus creating greater demand for the automotive emergency call services across the globe.

Additionally, car manufacturers are installing these systems in vehicles due to growing concern for the safety of drivers and passengers and reducing road accident mortalities, and providing immediate assistance to injured people. It ultimately increases the demand for these programs in the automotive industry. According to the Road Safety Authority, the total number of worldwide fatalities has decreased in the last few years and the number could be further reduced by improving the efficiency and timeliness of emergency services. It is due to the growing acceptance of these programs across the globe.

Increasing demand for consumer safety services is further promoting car manufacturers to install emergency call systems or emergency telephone systems in their vehicles which in turn will drive the market growth. In June 2020, Robert Bosch GmbH unveiled a solution for automatic emergency motorcycle calls. This solution helps to automatically connect to emergency service alerts via a smartphone.

Further, in January 2021, Qorvo, Inc., a US Radio Frequency solutions provider, unveils the first integrated automotive emergency call system. High line, low loss, and integrated circuit switches replace many different emergency communication devices. Launch of such solutions is anticipated to boost the growth of the global automotive emergency call services market.

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Market Coverage
•The market number available for - 2021-2028
•Base year- 2021
•Forecast period- 2022-2028
•Segment Covered-
•By Type
•By Application
•Regions Covered-
•North America
•Europe
•Asia-Pacific
•Rest of the World

Competitive Landscape-Bosch, Continental, Delphi, Telit Wireless Solution, and Infineon Technologies, among others.

A full report Automotive Emergency Call Services Market of is available at:  https://orionmarketreports.com/automotive-emergency-call-services-market/104579/

Global Automotive Emergency Call Services Market Report by Segment
By Type
•Automatic
•Manual Button
By Application
•Passenger Vehicle
•Commercial Vehicle

Key questions addressed by the report
•What is the market growth rate?
•Which segment and region dominate the market in the base year?
•Which segment and region will project the fastest growth in the market?
•How has COVID-19 impacted the market?
•Deviation from the pre-COVID-19 forecast
•Most affected region and segment
•Who is the leader in the market?
•How players are addressing challenges to sustain growth?
•Where is the investment opportunity?

 

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This release was published on openPR.