Press release
utomotive Embedded Systems Market, by Offering Type, Component, Vehicle Type, Application, and Region - Trends, and Forecast 2025
An automotive embedded system is a microcontroller based system to control and access data from sub-systems of the vehicle. Most commonly used embedded systems in a vehicle is embedded navigation system, which includes GPS. This navigational system comprises an embedded circuitry made by a GPS receiver, a gyroscope, a DVD-ROM, main controller, and a display system. Increasing adoption of such technologies in passenger vehicles is expected to aid in growth of the market.
Automotive embedded systems is a crucial component in improving vehicle performance, safety, and for emission control. In electric vehicles, several electronic components are used such as sensors and microcontrollers for enhanced safety and convenience features such as infotainment, electronic steering, and braking etc. Increasing global warming, rising focus on regulations concerning CO2 emission, dearth of conventional fuels, and increasing fuel prices in turn is creating a highly conducive environment for growth of the electric vehicles (EV) segment. The Department of Heavy Industry (DHI) under the Government of India, along with the Society of Indian Automobile Manufacturers (SIAM), announced the government’s plans to bring 6-7 million electric and hybrid vehicles on Indian roads by 2020.
Request Sample Copy of this Report https://www.coherentmarketinsights.com/insight/request-sample/1088
Key Trends and Analysis of the Global Automotive Embedded Systems Market:
Embedded software is expected to be the fastest growing segment in the automotive embedded system market through 2025. Rising demand for human-machine interface in vehicles is a major factor supporting growth of the automotive embedded software segment.
Advanced Driver Assistance Systems (ADAS) application is expected to be the largest segment in the automotive embedded system market throughout the forecast period. ADAS helps in automatic lighting, enables adaptive cruise control, aid in automatic braking, integrates GPS to issue traffic information, and provides information to maintain lane discipline. Growing consumer inclination towards advanced features in vehicles favors growth of the segment.
Key Takeaways of the Market:
Asia Pacific accounted for largest market share in the automotive embedded systems market in 2016. This is mainly due to increasing vehicle manufacturing and high demand for electric vehicles in countries such as China and Japan. According to the International Energy Agency’s Global EV Outlook, China was largest market for electric vehicles in 2016, accounting for over 40% of the electric cars sold globally, which includes over 200 million electric two-wheelers and over 300,000 electric buses.
Low endurance of electronic automotive embedded systems to provide efficient operations in different weather condition over the vehicles life cycle is among the chief factors hampering growth of this market. Development of embedded systems that are highly resistant to weathering and have a long life span would create major growth opportunities for market leaders and new entrants alike to capitalize on rampant growth of the automotive sector worldwide.
Major players operating in the global automotive embedded systems market are Robert Bosch GmbH, Panasonic Corporation, Toshiba, Continental AG, Denso Corporation, Mitsubishi Electric Corporation, Delphi Automotive LLP, Texas Instruments Incorporated, Infineon Technologies AG, Harman International, NXP Semiconductors N.V., and Johnson Electric.
For More Information https://www.coherentmarketinsights.com/market-insight/automotive-embedded-systems-market-1088
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Visit our news Website: www.coherentchronicle.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release utomotive Embedded Systems Market, by Offering Type, Component, Vehicle Type, Application, and Region - Trends, and Forecast 2025 here
News-ID: 926528 • Views: …
More Releases from Coherent Market Insights
Magnesium Oxide Market Size 2024: New Opportunities, Geographical Analysis, and …
The latest report published by Coherent Market Insights highlights the growth prospects of the Magnesium Oxide Market from 2024 to 2031. In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional Forecast. The market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The market study includes information on market factors such…
Colostrum Market Key Growth Drivers, Latest Opportunities, Increasing Demand, an …
The latest report published by Coherent Market Insights highlights the growth prospects of the Colostrum Market from 2024 to 2031. In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional Forecast. The market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The market study includes information on market factors such as…
Steam Turbine Market Size 2024: Industrial Insights including Manufacturing Deta …
The latest report published by Coherent Market Insights highlights the growth prospects of the Steam Turbine Market from 2024 to 2031. In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional Forecast. The market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The market study includes information on market factors such…
Protein Supplements Market Share: Size, Growth, Key Vendors, Trends, and Forecas …
The latest report published by Coherent Market Insights highlights the growth prospects of the Protein Supplements Market from 2024 to 2031. In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional Forecast. The market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The market study includes information on market factors such…
More Releases for Embedded
PayNXT360 Expects the Belgium Embedded Finance Market to Reach US$1,039.7 millio …
According to PayNXT360's Q4 2021 Embedded Finance Survey, Embedded Finance industry in the country is expected to grow by 44.9% on annual basis to reach US$1,039.7 million in 2022.
The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 25.6% during 2022-2029. The embedded finance revenues in the country will increase from US$1,039.7 million in 2022 to reach US$3,530.7 million by 2029.
This report provides…
According to PayNXT360's Q4 2021 Embedded Finance Survey, the Embedded Finance I …
According to PayNXT360's Q4 2021 Embedded Finance Survey, Embedded Finance industry in the country is expected to grow by 42.5% on annual basis to reach US$4,700.8 million in 2022.
The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 25.2% during 2022-2029. The embedded finance revenues in the country will increase from US$4,700.8 million in 2022 to reach US$15,878.2 million by 2029.
This report provides…
The Denmark Embedded Finance Market is Expected to Record a Growth of 29.5% in 2 …
According to PayNXT360's Q4 2021 Embedded Finance Survey, Embedded Finance industry in the country is expected to grow by 29.5% on annual basis to reach US$659.3 million in 2022.
The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 18.0% during 2022-2029. The embedded finance revenues in the country will increase from US$659.3 million in 2022 to reach US$1,617.8 million by 2029.
This report provides…
Embedded Processor Market
The recent report published by Reports and Data comprises of an in-depth assessment of the Global Embedded Processor Market. It assesses the ever-changing market dynamics and overall development of the industry. The report is fabricated with thorough primary and secondary research and is updated with the latest and emerging market trends to offer the readers opportunities to capitalize on the current market environment. For a thorough analysis, the market has…
The Merchant Embedded Computing Market: Advantech, Kontron, Abaco, Artesyn Embed …
MarketResearchReports.Biz adds “Global The Merchant Embedded Computing Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the The Merchant Embedded Computing market and the growth estimates for the forecasted period.
This report studies the global The Merchant Embedded Computing market status and forecast, categorizes the global The Merchant Embedded Computing market size (value & volume) by manufacturers, type, application, and…
Embedded System Market (Standalone Embedded Systems, Real Time Embedded Systems, …
Embedded systems is a field derived through a combined study of software and hardware. Both aspects come together to create a functional targeting device that possesses the advantages of adaptability, speed, accuracy, reliability, power, and smaller size. Embedded systems possess a wide array of utility in the fields of mobile communication, electronic payment solutions, railways, aeronautics, and automobiles. They can be designed for specific applications in each field and can…
