Automotive Domain Controller Market

Automotive Domain Controller Market

Growth Factors of Automotive Domain Controller Market

The automotive domain controller market size was valued at USD 2.32 billion in 2023, and the market is now projected to grow from 3.31 billion in 2024 to USD 12.13 billion by 2032, exhibiting a CAGR of 20.37% during the forecast period of 2024-2032.

There was a shift in the market and issues in supply chain and velocity due to COVID 19 pandemic in the automotive domain controller market. The mobility restrictions disrupted production processes to halt new product development and sell fewer consumer items. But all the same the crisis has brought shift in driving automation and connected vehicles that have created a need for domain controllers. Continuing shifts in consumer preferences and necessity due to health concerns led to growth in investment in electric and autonomous vehicles; meanwhile, changes in the market overall led to the need for new developments in domain controller systems for improved vehicle capabilities.

Consistent with the current market trends, the automotive domain controller market is experiencing some developments such as introduction of electrically powered automobiles and self-drive automobiles which require superior control devices for their efficient functioning. Artificial Intelligence and machine learning are being integrated to support intelligence decisions or to increase vehicle safety. Also, the trend towards centralization in architecture is growing stronger, drawing as many functions as possible into single domain controllers to simplify and lower the cost. Moreover, the more attention is paid to the security risks, the constant progress in the security area to develop stronger security for vehicle systems from threats that creates safer and more dependable auto technologies. The above-mentioned factors are driving the automotive domain controller market growth.

There are several driving forces that are at the heart of automotive domain controller market growth. Electric as well as the semi-autonomous or fully automated vehicle functions require power electronics control paths as the market for these vehicle types continues to grow. The need to meet and exceed consumers’ expectations, as well as the desire for safety, connectivity, and information technology, is leading manufacturers to use integrated systems. Government regulations perform a significant role in portraying emissions cut and fuel-efficient car technologies are also forcing car makers geared towards innovations. Furthermore, the traditional integration trend of vehicle parts manages centralized vehicle architectures, which simplify the production process and lower costs; combined with artificial intelligence and machine learning technologies to enhance the vehicle’s intelligence and efficiency, contributing to market development.

Comprehensive Analysis Automotive Domain Controller Market

Automotive domain controller market has multiple dimensions of segmentation which are domain, vehicle type, propulsion, and application. In terms of domain, key areas include powertrain, body and chassis, infotainment, and ADAS where each domain plays the significant role with reference to the functionality and efficiency of vehicle. The market is also segmented into passenger vehicles and commercial vehicles, and the characteristics and performance targets of these two categories are different from each other. The mode of power, as electric vehicles and ICE vehicles play a critical role in determining the use of domain controllers due to the technological advancement in automobiles. It is therefore evident that domain controllers have a wide function and relevance in allowing vehicle application such as active safety, user experience, body control, and power train.

The automotive domain controller market is dominated by North America due to the presence of giants in car manufacturing industries and higher importance given towards the modern technology. The focus of the region towards electric and autonomous vehicle development increases the need for complex control systems. Besides, rising safety standards and shifting consumer demand for better connected and more complex and sophisticated infotainment systems are also driving the market. Automotive businesses’ partnerships with telematics companies also promote advances in domain controller ideas additional. Therefore, North America continues to hold a dominant position in the automotive domain controller market dynamics and impacts the rest of the world.

Key players in this sector include STMicrocontrollers (Switzerland), Visteon Corporation (U.S.), Infineon Technologies (Germany), Robert Bosch GmbH (Germany), Aptiv PLC (Ireland), Renesas (Japan), Texas Instruments (U.S.), Panasonic Corporation (Japan)

By the year 2024, Europe is expected to become the largest area market for automotive domain controller, especially in the domain of ADAS facilities. This dominance is result of strict regulation requirements and more importantly increased demand for safer vehicles across all the European countries. The societal goal towards eradicating traffic accidents and improving road safety is driving the advancement of new and improved ADAS solutions in the area. Also, most car producers and tech giants are now willing to spend a lot of money to implement advanced sensors and software into cars.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 20.37% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Domain

● Powertrain

● Body & Chassis

● Infotainment

● ADAS

By Vehicle Type

● Passenger Cars

● Commercial Vehicles

By Propulsion

● Electric

● IC Engine

By Application

● Active Safety

● User Experience

● Body Control

● Powertrain Management

By Geography

● North America (By Domain, By Vehicle Type, By Propulsion & By Application)

• U.S. (By Vehicle Type)
• Canada (By Vehicle Type)
• Mexico (By Vehicle Type)

● Europe (By Domain, By Vehicle Type, By Propulsion & By Application)

• U.K. (By Vehicle Type)
• Germany (By Vehicle Type)
• France (By Vehicle Type)
• Rest of Europe (By Vehicle Type)

● Asia-Pacific (By Domain, By Vehicle Type, By Propulsion & By Application)

• China (By Vehicle Type)
• India (By Vehicle Type)
• Japan (By Vehicle Type)
• South Korea (By Vehicle Type)
• Rest of Asia Pacific (By Vehicle Type)

● Rest of World (By Domain, By Vehicle Type, By Propulsion & By Application)


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