Press release
Automotive Ecalls Market Trends, Industry Size and Forecast, 2032 | Aptiv, VALEO SA, Telit, LG Electronics Inc.
The growth of the global ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐๐ฅ๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ is driven by an increasing emphasis on road safety and regulatory mandates. Governments around the world have been executing stringent regulations that delegate the integration of eCall systems in vehicles, targeting to reduce emergency response times and minimize the severity of road accidents. The global automotive ecalls market was valued at $3.4 billion in 2022, and is projected to reach $9.3 billion by 2032, growing at a CAGR of 10.8% from 2023 to 2032.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐๐ - 355 ๐๐๐ ๐๐ฌ) ๐๐ญ: https://www.alliedmarketresearch.com/request-sample/A47729
Developing countries, specifically in Asia, such as South Korea, India, Japan, and others, have demonstrated a growing commitment to enhancing automotive safety through the extensive adoption of eCall systems in vehicles. These nations recognize the potential of such technology to address their unique road safety challenges and mitigate the devastating impact of road accidents.
In India, the government has taken significant steps to integrate eCall systems into vehicles. The Ministry of Road Transport and Highways (MoRTH) introduced the AIS-140 standard, which mandates the installation of GPS-enabled eCall devices in all public transport vehicles. These devices not only facilitate immediate assistance in emergencies but also aid in tracking vehicle movements, driver behavior monitoring, and overall fleet management.
๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/automotive-ecalls-market/purchase-options
Likewise, heavy investment to implement modern technologies in propulsion systems and improve railway infrastructure is expected to drive the growth of the market. For instance, in June 2022, the European Union (EU) announced an investment of $5.7 billion to support 135 transport infrastructure projects across the continent. Therefore, an upsurge in budget allocation acts as a key factor that drives the growth of the global railway propulsion system market.
The ongoing trend towards autonomous and semi-autonomous vehicles has also fueled the growth of the automotive eCall market. As vehicles become more capable of analyzing their surroundings and making split-second decisions, the integration of eCall systems enhances their ability to respond effectively to unforeseen situations, thereby enhancing overall road safety.
๐๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐
๐ฎ-๐๐ฅ๐จ๐ฑ, ๐๐๐ง๐ฌ๐จ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง, ๐๐๐๐๐ ๐๐, ๐๐๐๐๐๐๐, ๐๐ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ ๐๐ง๐., ๐๐๐ฅ๐ข๐ญ, ๐๐จ๐ง๐ญ๐ข๐ง๐๐ง๐ญ๐๐ฅ ๐๐, ๐๐ฉ๐ญ๐ข๐ฏ, ๐๐ก๐๐ฅ๐๐ฌ, ๐๐๐ง๐๐ฌ๐จ๐ง๐ข๐ ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎ'๐ซ๐ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/A47729
The global automotive eCall market has witnessed remarkable growth due to a confluence of factors. Stricter safety regulations, technological advancements in vehicle safety, the increase in demand for connected vehicles, and growing consumer expectations have all played a vital role in influencing the expansion of the automotive eCall industry. As the automotive landscape continues to evolve, opportunities for further extension abound, with potential developments in AI-driven accident prediction, more inclusive vehicle-to-vehicle communication, and the integration of eCall systems with emerging transportation models like electric and autonomous vehicles.
On the basis of trigger type, the automotive eCall market is divided into Manually Initiated eCall (MIeC) and Automatically Initiated eCall (AIeC). Manually Initiated eCall (MIeC) an emergency call system integrated into vehicles that allows occupants to manually trigger a distress call to emergency services. Governments and regulatory bodies recognizing the potential safety benefits of Manually Initiated eCall (MieC) might mandate their installation in vehicles, creating widespread market demand.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A47729
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
By Trigger Type, the Automatically Initiated eCall (AIeC) segment is anticipated to exhibit significant growth in the automotive eCall market in the near future.
By vehicle type, the Commercial Vehicles segment is anticipated to exhibit significant growth in the automotive eCall market in the near future.
By Propulsion Type, the Electric segment is anticipated to exhibit significant growth in the automotive eCall market in the near future.
By Region, North America is anticipated to register the highest CAGR during the forecast period.
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Automotive Fuel Delivery and Injection Systems Market - https://www.alliedmarketresearch.com/automotive-fuel-delivery-and-injection-systems-market
Automotive Exhaust System Market - https://www.alliedmarketresearch.com/automotive-exhaust-system-market
Automotive Paints Market - https://www.alliedmarketresearch.com/automotive-paints-market
Automated Parking Management Systems Market - https://www.alliedmarketresearch.com/automated-parking-management-systems-market-A07109
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