PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1092222
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1092222
In 2020, the global automotive eCall market was worth USD 5.36 Million units. The market is expected to increase at a CAGR of 9.6% during the study period.
The automotive eCall is an in-vehicle technology that immediately alerts emergency services in the event of a road accident and also notifies rescue workers of the specific location of the incident site. It is an improvement to current emergency call operations in that it automatically delivers location information to emergency services on a mobile phone via the phone network utilizing GPS location services.
Globally, increased urbanization, demographic changes, and improvement in living standards, and an increase in disposable income are the primary drivers of rapid development in car sales and manufacturing. Rising traffic congestion and a high rate of road accidents are growing consumer safety concerns as well as increasing their preference for better safety and security features in automobiles, resulting in high demand for these systems around the world. Furthermore, manufacturers are incorporating these systems into vehicles in response to increased safety concerns among drivers and passengers, as well as to reduce road fatalities and give immediate assistance to injured persons. As a result, the demand for these systems in the automotive sector is increasing. According to the Road Safety Authority (RSA), the overall number of fatalities worldwide has been falling in recent years, and the number can be decreased even more by improving the effectiveness and punctuality of emergency services. This is due to the increasing global acceptance of these systems.
In addition, Governments are substantially investing in promoting the use of technologically advanced systems to develop safety features in vehicles and to help the automobile sector in order to enable emergency response providers to work efficiently and quickly. For example, The European Commission has placed safety standards on automotive manufacturers, making it essential for them to install emergency call systems in all types of cars and light commercial vehicles effective from 2018.
The automotive eCall Market is segmented on the basis of type, vehicle type, and region.
On the basis of types, the market is segmented into manual and automatic eCall systems.
The automatic emergency call system segment accounted for the greatest proportion of the global market in 2020. This is a sophisticated in-car safety system that includes an automated dialing device that alerts emergency services if the vehicle is engaged in a collision. When the sensors are triggered by major road accidents or when the airbag deploys in the automobile, the emergency number is automatically phoned. The internal antennae use satellite location to send signals. A precise position is given to the nearest emergency response provider, along with a minimal set of data (MSD). In addition, the driver is given a voice call to provide any further information to the service provider.
The market is divided into passenger cars and commercial vehicles based on vehicle type.
In 2020, the passenger car segment accounted for the lion's share of the market. Growing urbanization, the expansion of the industrial sector, rapid demographic growth, and an increase in disposable income have all resulted in an increase in vehicle production and sales around the world. The increased adoption of technologically advanced systems such as infotainment and telematics by automotive manufacturers is fueling market expansion.
The market is highly competitive and fragmented, with prominent players present in the market. To acquire traction in the industry, these market competitors used new product launches and expansion. The market is characterized by fierce competition, making it tough for new entrants. Major companies are expanding their R&D, developing infrastructure, and looking for possibilities to vertically integrate across the value chain. These activities aid them in developing new products and technologies, meeting growing product demand, and improving operations planning by lowering costs.
For instance, in January 2021, Qorvo, Inc., a leading producer of innovative Radio Frequency (RF) technologies in the United States, introduced the first integrated emergency calling switch for automobiles. For emergency communications, the high linearity, low loss, and compact routing switch replace many discrete devices.
The scope of this report covers the market by its major segments, which include as follows: