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Global Automotive eCall Market Poised to Surge from USD 1.33 Billion in 2023 to USD 3.15 Billion by 2032, Amid Rising Safety Concerns and Regulatory Measures

07-03-2024 12:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
Dataintelo

Dataintelo

The recently published report by Dataintelo reveals that the global Automotive Ecalls market, valued at USD 1.33 billion in 2023, is projected to surge to USD 3.15 billion by 2032 at a CAGR of 10.53% from 2024 to 2032. This significant growth is primarily driven by the escalating safety concerns among consumers and regulatory bodies worldwide.

eCall, an automated system that directly contacts emergency services in the event of a severe road accident, is particularly boosting the market growth. The system sends the vehicle's precise location to emergency services, making it of vital importance even if occupants are unable to make a direct phone call. The rising implementation of this life-saving technology is evident in its increasing prevalence in vehicles around the globe.

The system's ability to drastically reduce the response time of emergency services has the potential to save lives and reduce injury severity, making it an indispensable feature of modern vehicles. These factors are mobilizing the accelerated growth of the automotive eCalls market, as outlined in Dataintelo's report

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/113882

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The automotive eCalls market has been segmented on the basis of๐“๐ฒ๐ฉ๐ž
โ— Automatically Initiated eCall
โ— Manually Initiated eCall

๐๐ซ๐จ๐ฉ๐ฎ๐ฅ๐ฌ๐ข๐จ๐ง ๐“๐ฒ๐ฉ๐ž
โ— Electric
โ— IC Engine

๐ˆ๐ง๐ฌ๐ญ๐š๐ฅ๐ฅ๐š๐ญ๐ข๐จ๐ง
โ— Standard eCall
โ— Third-party Service eCall

๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐“๐ฒ๐ฉ๐ž
โ— Passenger Cars
โ— Commercial Vehicles

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— Continental AG
โ— Infineon Technologies AG
โ— Robert Bosch GmbH
โ— ๐’๐“๐Œ๐ข๐œ๐ซ๐จ๐ž๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ๐ฌ
โ— Telit Cinterion
โ— Texas Instruments Incorporated
โ— Thales
โ— u-blox
โ— Valeo
โ— Visteon Corporation

The market of automotive eCalls is analyzed according to various categories, which include the type, propulsion type, installation, vehicle type, and key players. There are mainly two types of eCalls - automatically initiated and manually initiated. The automatic eCall systems are typically triggered by vehicular accidents while the manual ones need human intervention. The propulsion type is further split into electric and IC Engine eCalls, with the former seeing increased prominence due to the rise of electric vehicles globally. Installation-wise, the market is divided into standard eCall systems, which come pre-installed in vehicles by manufacturers, and third-party service eCalls, which are typically aftermarket additions. Lastly, vehicle type analyses cover passenger cars and commercial vehicles, where the increasing safety measures would require much more implementation of the eCall system.

On a regional basis, the market analysis covers Asia Pacific, North America, Latin America, Europe, and Middle East & Africa (MEA). Growth in Europe is extensively driven by regulations mandating the installation of eCall systems in all new cars while the North American market is fuelled by a strong presence of luxury cars with pre-embedded eCall systems. In Asia Pacific, rapid urbanization along with growing purchasing power exhibits potential for significant market growth. Latin America and MEA markets, on the other hand, are anticipated to showcase steady growth due to rising market trends in automotive safety. Among key players in this market, we have top-level firms like Continental AG, Infineon Technologies AG, Robert Bosch GmbH, and STMicroelectronics. Other key players in the market include Telit Cinterion, Texas Instruments Incorporated, Thales, u-blox, Valeo, and Visteon Corporation. The competitive landscape, marked by these giants, makes this market a fascinating study in both technology and marketing strategies

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/113882

Market Drivers for Automotive Ecalls Market:

1. Increasing concern for road safety: The rising number of road accidents worldwide has led to an increased focus on automobile safety, driving the demand for automotive e-call systems.

2. Government Regulations: Several governments around the world are mandating the use of e-call systems in vehicles. For instance, the European Union has made it mandatory for all new cars to have an e-call system.

3. Technological advancements: Advancements in technology have led to the development of more sophisticated e-call systems that can provide more accurate and timely information, thereby driving their adoption.

4. Demand for luxury vehicles: Luxury vehicle manufacturers are increasingly incorporating state-of-the-art safety features, including e-call systems, in their vehicles to differentiate their products.

Opportunities for Automotive Ecalls Market:

1. Emerging markets: Emerging economies, such as India, China, and Brazil, are likely to present immense growth opportunities for the e-call systems market.

2. Integration with other safety systems: There is an opportunity for e-call systems to be integrated with other safety systems within vehicles for enhanced safety.

3. Advent of autonomous vehicles: The advent of autonomous vehicles, which rely heavily on technology for navigation and safety, presents a significant opportunity for the growth of the automotive e-call market.

4. Increase in consumer awareness: An increase in consumer awareness about the benefits of automotive e-call systems can lead to their increased adoption

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/113882

Who should buy this report:

1. Business Owners: To make informed decisions, business owners need accurate data. This report provides a detailed understanding of any industry, making it easier for owners to analyze and strategize.

2. Consultants & Advisors: Professionals who need data to guide their clients or make strategic recommendations would find this report useful.

3. Market Research Firms: This report provides valuable data to market research firms that need in-depth insights and industry-specific information.

4. Investment/Angel Investors: These reports can provide in-depth industry understanding and market trends to investors who are exploring investment opportunities.

5. Government Organizations: For formulating policies, Laws, and strategies for the industry, government organizations can benefit from these reports.

6. Academicians: For researchers and students, these reports offer detailed market insights that may be pertinent for their study or paper.

Good things about Dataintelo:

1. Comprehensive Analysis: Dataintelo provides detailed and comprehensive market research reports that are designed to help clients in decision-making.

2. Accurate Data: Dataintelo ensures that the data provided to the clients is accurate and updated.

3. Expert Insights: Reports are curated by a team of experts providing valuable insights and market trends.

4. Bidirectional interaction: Dataintelo allows for back and forth interactions to cater to any specific business query.

5. Customization: Dataintelo provides the option for customization of reports according to client requirements.

6. Confidentiality: Dataintelo ensures complete confidentiality of the sensitive data shared by their clients.

7. Wide Range of Industries: Dataintelo provides market research reports across various industries allowing a variety of businesses to benefit from their services

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

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๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

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