Automotive Embedded Systems Market, By Product Type (Embedded Hardware, Embedded Software), By Component (Sensors, Microcontroller Unit (MCU), Transceivers, Circuits), Based on Vehicle Type, the market is segmented into Internal Combustion Engines (Diesel and Gasoline Vehicles), Integrated Electric Vehicles (BEV, HEV, and PHEV), Based on Application, the market is segmented into (Electricals and Electronics, Infotainment and Telematics, Powertrain and Chassis, Advanced Driver Assistance Systems)and by Region (North America, Latin America, Europe, Asia Pacific, and Middle East and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
The automotive embedded system consists of an electronic or computer system capable of controlling and accessing the data in electronics-based systems. A single-chip microcontroller like the cortex or ARM is part of this system, as are microprocessors, FPGAs, DSPs, and ASICs. Automotive safety systems like anti-lock braking, traction control, electronic stability control, and an automatic four-wheel drive system all rely heavily on embedded systems. Integrated circuits, central processing units, and microcontrollers or microprocessors are all components of embedded system hardware. Linux, Windows, and Java are examples of operating systems on which embedded software systems are based.
The global Global Automotive Embedded Systems Market is anticipated to expand at a rate that is driven by the rising global demand for electric vehicles and the growing use of embedded systems in hybrid and electric vehicles due to their ability to increase efficiency and reduce pollution. With the automotive industry's growing use of cutting-edge technologies, the embedded system market is expanding rapidly. However, certain restrictions are stifling the market's expansion.
Market Dynamics:
An electronic or computer system designed specifically to control and access data of an electronic-based system installed in vehicles is known as an automotive embedded system. Advanced RISC machines (ARM), microprocessors, field-programmable gate arrays (FPGAs), digital signal processors (DSPs), and application-specific integrated circuits (ASICs) are all components of this system on a single chip. These embedded systems are incorporated into a variety of functions, including audio, security, and ignition systems.
The emergence of CASE (Connected, Autonomous, Shared, and Electric) technologies, shifts in customer behavior, and an increased emphasis on sustainability are all contributing factors to the automotive industry's adoption of Mobility 4.0. When it comes to facilitating the seamless integration of electronic components in automobiles, embedded systems play a crucial role. For instance, embedded systems are used by anti-lock braking, airbag control, and traction control systems to monitor and regulate various aspects of the vehicle's performance. As a result, the Global Automotive Embedded Systems Market is anticipated to expand in the near future in response to an increase in the use of in-vehicle electronics.
The demand for embedded automotive systems is also rising as a result of the expansion of the automotive industry in developing economies like China, India, and Brazil. Moreover, serious rivalry among automakers because of different elements, including advancement and improvement lead times, mileage, security, dependability, item quality and highlights, and maintainable estimating, is increasing the car inserted frameworks market extension.
Key features of the study:
- This report provides in-depth analysis of the Global Automotive Embedded Systems Market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the Global Automotive Embedded Systems Market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Robert Bosch GmbH, Panasonic Corporation, Toshiba, Continental AG, Denso Corporation, Mitsubishi Electric Corporation, Texas Instruments Incorporated, Infineon Technologies AG, Harman International
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global Automotive Embedded Systems Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global Automotive Embedded Systems Market
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
- Global Automotive Embedded Systems Market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Automotive Embedded Systems Market.
Detailed Segmentation:
- Global Automotive Embedded Systems Market, By Product Type
- Embedded Hardware
- Embedded Software
- Global Automotive Embedded Systems Market, By Component
- Sensors
- Microcontroller Unit (MCU)
- Transceivers
- Integrated Circuits
- Global Automotive Embedded Systems Market, By Vehicle Type
- Internal Combustion Engines (Diesel and Gasoline Vehicles)
- Electric Vehicles (BEV, HEV, and PHEV)
- Global Automotive Embedded Systems Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Robert Bosch GmbH
- Panasonic Corporation
- Toshiba
- Continental AG
- Denso Corporation
- Mitsubishi Electric Corporation
- Aptiv PLC
- Texas Instruments
- Infineon Technologies AG
- Harman International