North America Automotive Embedded Systems Market Forecast 2022-2030
KEY FINDINGS
The North America automotive embedded systems market is estimated to grow at a CAGR of 4.33% during the forecast period, 2022-2030. The market growth is accredited to the growing adoption of electric cars due to the increasing gasoline prices. At the same time, the depletion of fuel supplies and the growing crude oil prices boost the demand for electric vehicles in the region. This is set to result in a surging adoption of embedded systems.
MARKET INSIGHTS
Canada and the United States are assessed for the North America automotive embedded systems market growth evaluation. In Canada, the automotive manufacturing is an important industrial sector. It entails the manufacture of auto components and systems (MTDM), trucks, vehicles, buses, trailers, truck bodies, tires, etc. Also, the transport and logistics sector is witnessing significant demand for heavy-duty vehicles, passenger cars, trailers, and trucks. The increasing fleet is thereby raising the demand for advanced technologies that gather real-time information. Besides, the country needs automotive-related parts in bulk since it is one of the primary contractors of US technologies.
Furthermore, the demand for embedded components is estimated to rise to deliver a large number of vehicles and offer sufficient automotive-related parts for aftermarket services. Moreover, the surging number of trucks and trailers offers growth opportunities for the analyzed market. Such factors, alongside the presence of domestic companies developing transformative automotive technologies, make Canada a conducive market for automotive embedded systems.
COMPETITIVE INSIGHTS
Some of the key companies in the market include Verizon Communications Inc, Intel Corporation, Infineon Technologies AG, Garmin Ltd, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Scope Of Study
- 1.3. Methodology
- 1.4. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Increasing Demand For Electric Vehicles
- 3.1.2. Rising Demand For Infotainment
- 3.1.3. Growing Focus On Vehicle Security
- 3.2. Key Restraints
- 3.2.1. Concerns Regarding Embedded System Reliability
- 4. Key Analytics
- 4.1. Impact Of Covid-19 On Automotive Embedded Systems Market
- 4.2. Key Market Trends
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Buyers Power
- 4.3.2. Suppliers Power
- 4.3.3. Substitution
- 4.3.4. New Entrants
- 4.3.5. Industry Rivalry
- 4.4. Opportunity Matrix
- 4.5. Vendor Landscape
- 5. Market By Type
- 5.1. Hardware
- 5.2. Software
- 6. Market By Component
- 6.1. Memory Devices
- 6.2. Microcontrollers
- 6.3. Sensors And Drivers
- 7. Market By Vehicle
- 7.1. Passenger Cars
- 7.2. Commercial Vehicles
- 8. Market By Application
- 8.1. Powertrain & Chassis Control
- 8.2. Body Electronics
- 8.3. Multimedia And Integrated Systems/Services
- 9. Geographical Analysis
- 9.1. North America
- 9.1.1. Market Size & Estimates
- 9.1.2. Key Drivers
- 9.1.3. Key Challenges
- 9.1.4. Key Players
- 9.1.5. Country Analysis
- 9.1.5.1. United States
- 9.1.5.2. Canada
- 10. Competitive Landscape
- 10.1. Key Strategic Developments
- 10.1.1. Mergers & Acquisitions
- 10.1.2. Product Launches & Developments
- 10.1.3. Partnerships & Agreements
- 10.1.4. Business Expansions & Divestitures
- 10.2. Company Profiles
- 10.2.1. Analog Devices Inc
- 10.2.2. Continental Ag
- 10.2.3. Delphi Technologies (Borgwarner Inc)
- 10.2.4. Denso Corporation
- 10.2.5. Garmin Ltd
- 10.2.6. Infineon Technologies Ag
- 10.2.7. Intel Corporation
- 10.2.8. Mitsubishi Electric Corporation
- 10.2.9. Nxp Semiconductors Nv
- 10.2.10. Panasonic Corporation
- 10.2.11. Renesas Electronics Corporation
- 10.2.12. Robert Bosch Gmbh
- 10.2.13. Samsung Electronics Co Ltd (Harman International)
- 10.2.14. Texas Instruments Inc
- 10.2.15. Verizon Communications Inc
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