PUBLISHER: Lucintel | PRODUCT CODE: 1356446
PUBLISHER: Lucintel | PRODUCT CODE: 1356446
The future of embedded systems in the global automobile market looks promising with opportunities in the infotainment telematic, body electronic, powertrain chassis control, and safety security markets. The embedded systems in the global automobile market is expected to reach an estimated $11.53 billion by 2030 with a CAGR of 6.9% from 2024 to 2030. The major drivers for this market are growing demand for automation technology, increasing consumer consciousness towards vehicle safety and rising strict government-imposed safety regulations across the globe.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global embedded systems in automobiles by product, type, components, application, and region.
Embedded Systems in Automobile Market by Product [Shipment Analysis by Value from 2018 to 2030]:
Embedded Systems in Automobile Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Embedded Systems in Automobile Market by Components [Shipment Analysis by Value from 2018 to 2030]:
Embedded Systems in Automobile Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Embedded Systems in Automobile Market by Region [Shipment Analysis by Value from 2018 to 2030]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies embedded systems in automobiles companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the embedded systems in automobiles companies profiled in this report include-
Lucintel forecasts that passenger vehicleis expected to witness the highest growth over the forecast period.
Within this market, infotainment telematics will remain the largest segment.
APAC is expected to witness the highest growth over the forecast period.
Market Size Estimates: Embedded Systems in Automobile Market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Embedded systems in automobile market size by various segments, such as by product, type, components, application, and region. in terms of value ($B).
Regional Analysis: Embedded systems in automobile market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, types, components, applications, and region.s for the embedded systems in the automobile market
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the embedded systems in automobile market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1. What is the automobile market size in terms of embedded system usage?
Answer: The global embedded systems in automobile market is expected to reach an estimated $11.53 billion by 2030.
Q.2. What is the growth forecast for embedded systems in automobile market?
Answer: The global automobile market in terms of embedded system usage is expected to grow with a CAGR of 6.9% from 2024 to 2030.
Q.3. What are the major drivers influencing the growth of embedded systems in automobile market?
Answer: The major drivers for this market are growing demand for automation technology, increasing consumer consciousness towards vehicle safety and rising strict government-imposed safety regulations across the globe.
Q.4. What are the major segments for embedded systems in automobile market?
Answer: The future of embedded systems in the global automobile market looks promising with opportunities in the infotainment telematic, body electronic, powertrain chassis control, and safety security markets.
Q.5. Who are the key embedded system companies in automobile market?
Answer: Some of the key embedded system companies in the automobile market are as follows:
Q.6. Which automobile market segment will be the largest in future in terms of embedded system usage?
Answer: Lucintel forecasts that passenger vehicle segment is expected to witness the highest growth over the forecast period.
Q.7. in the automobile market in terms of embedded system usage, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q.8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.