#USA Automotive OTA Updates Market
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Another major factor fueling the advancement of the automotive OTA updates market is the increasing implementation of stringent vehicle safety regulations in several countries, because of the rising incidence of road accidents. Automotive manufacturing companies all over the world have always prioritized vehicle safety and with the enactment of vehicle monitoring standards and safety regulations, it has now become imperative for them to make their products compatible with the vehicle standards.
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Perilla Oil Market Breaking Grounds and Touch New Level in Upcoming Year by
" The 2021 Perilla Oil market report covers the current market status including the market size, growth rate, recent developments, prominent players, market dynamics, and the current competitive landscape. Further, the report analyzes future opportunities, demand, growth factors and forecast the market to assess the strategies of major players in terms of coalition and membership, technological advancements, investments. Moreover, the report also analyzes strength, weakness, threats, and opportunities in terms of SWOT analysis as well as present and future effects of COVID-19 in the Perilla Oil market. It also covers the latest developments that have taken place in recent years and offers the impact on the revenue, countries and segments of Perilla Oil of the key company in the market. The Perilla Oil market report presents market dynamics that includes market drivers, moderation, opportunities, and challenges. The purpose of the report: Get a sample for Tech Breakthroughs (use official email id to get higher priority) at: The report describes the competition analysis, economic policies and strategies adopted by the main players. This is a comprehensive overview and in-depth study of the current and future market of the Perilla Oil industry. The report represents a basic overview of the market status, competitor segment with a basic introduction of major suppliers, major regions, product types and end industries. >> Download FREE Research Sample with Industry Insights (150+ Pages PDF Report) @
The major players involved in the Perilla Oil market are: Perilla Oil including: Hubei Shizhen Hebei Jiafeng Plant Oil Hunan Yamei Biotechnology Sanmark San Sheng Nong Lin Huanan Nongsheng Zonghoo Jianyuan Biotech Komega Co.é”›å¡td. Ota Oil Co. Ltd Gustav Heess
Market segment by type, covers: Toasted Perilla Oil Untoasted Perilla Oil The market segment by applications can be divided into: Direct Channel Distribution Channel By region, the Perilla Oil market is segmented into countries, with production, consumption, revenue (USD Million), market share and growth rate in these regions, from 2021 to 2026 (forecast); check out the highlights below: -North America (United States and Canada) -South Central America and Latin America (Brazil, Argentina, Mexico and the rest of Latin America) -Europe (UK, Germany, France, Italy, Spain, Poland, Sweden, Denmark and the rest of Europe) -Asia-Pacific (China, Japan, Australia, ASEAN countries, India, South Korea, New Zealand, rest of Asia) -Middle East and Africa (CCG, South Africa, Kenya, North Africa, RoMEA) -Rest of the world. Review of strategic analysis: -Key strategies selected by the main players -Short and long term industry trends -Analysis of Porter's five forces -Factors and challenges on the supply and demand side -Value chain analysis -Price analysis -Growth opportunities -Potential new business opportunities -Main areas of interest in the forecast period
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Detailed Table of Contents of Global Perilla Oil Market Overview and Forecast to 2026 1 Perilla Oil Market Overview 1.1 Product Overview and Scope of Perilla Oil 1.2 Perilla Oil Segment by Type 2 Perilla Oil Market Competition by Manufacturers 2.1 Global Perilla Oil Sales Market Share by Manufacturers (2015-2020) 2.2 Global Perilla Oil Revenue Market Share by Manufacturers (2015-2020) 3 Perilla Oil Retrospective Market Scenario by Region 3.1 Global Perilla Oil Sales Retrospective Market Scenario by Region: 2015-2020 3.2 Global Perilla Oil Retrospective Market Scenario in Revenue by Region: 2015-2020 3.3 North America Perilla Oil Market Facts and Figures by Country 4 Historical Global Perilla Oil Market Analysis by Type 4.1 Global Perilla Oil Sales Market Share by Type (2015-2020) 5 Global Analysis of Historical Perilla Oil Market by End Users 5.1 Global Perilla Oil Sales Market Share by End Users (2015-2020) 6 profiled key companies 6.1 Manufacturing 1 6.1.1 Company information 6.1.2 Company Description and Overview 6.1.3 Perilla Oil Sales, Revenue and Gross Margin (2015-2020) 6.1.4 Perilla Oil Product portfolio 7 Perilla Oil Manufacturing Cost Analysis 7.1 Perilla Oil Key Raw Material Analysis 7.2 Proportion of manufacturing cost structure 8 marketing channels, distributors and customers 8.1 Marketing channel 8.2 Perilla Oil List of distributors 8.3 Perilla Oil Customers 9 Perilla Oil Market Dynamics 9.1 Perilla Oil Industry Trends 10 Global Market Forecasts 10.1 Perilla Oil Market Estimates and Projections by Type 10.2 Perilla Oil Market Estimates and Projections by End Users 10.3 Perilla Oil Market Estimates and Projections by Region 11 Research results and conclusion 12 Methodology and data source 12.1 Methodology / Research approach 12.2 Data source 12.3 List of authors 12.4 Disclaimer …… Chapter 16. Conclusion >> [With unrivaled insights into the Perilla Oil market, our industry research will help you take your Perilla Oil business to new heights.] <<
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Over-The-Air (OTA) Updates market 2021-2028: Airbiquity Inc.Continental AGGarmin Ltd.Harman InternationalHitachi Automotive Systems, Ltd.Infineon Technologies AGLibelium Comunicaciones Distribuidas S.LNXP Semiconductors N.V.Robert Bosch GmbhWind River Systems, Inc
A detailed summary of the global Over-The-Air (OTA) Update market assessing dynamic factors, growth determinants as well as information on segment classification have been recorded in this versatile report. Besides information on segment classification, the document reflects a thorough understanding on competitor positioning, global, local and regional developments, financial outlook, regulatory compliance as well as supply-chain offerings.
Vendor Profiling: Global Over-The-Air (OTA) Update Market, 2020-28:
Airbiquity Inc.Continental AGGarmin Ltd.Harman InternationalHitachi Automotive Systems
Ltd.Infineon Technologies AGLibelium Comunicaciones Distribuidas S.LNXP Semiconductors N.V.Robert Bosch GmbhWind River Systems
Inc.
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New leaders are emerging and the existing ones are trying to catch up and protect their profitability in the global Over-The-Air (OTA) Update market. While there is continuous disruption in the market, pressure on these industry players is predictable. Interestingly, driving and maintaining growth is the top priority of CXOs, investors, and other market participants. So, regarding the future, this global Over-The-Air (OTA) Update market research report helps the Over-The-Air (OTA) Update industry’s forward-looking thinkers with valuable insights on the Over-The-Air (OTA) Update market.
Analysis by Type:
by Type (Software Over-The-Air (SOTA) Update and Firmware Over-The-Air (FOTA) Update);_LIST
Analysis by Application:
Application (Telematics
Infotainment
Electronic Control Unit
and Others); Vehicle Type (Passenger Vehicle and Commercial Vehicle);
Regional Analysis:
– North America (U.S., Canada, Mexico)
– Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
– Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
– Latin America (Brazil, Rest of L.A.)
– Middle East and Africa (Turkey, GCC, Rest of Middle East)
Global industry Over-The-Air (OTA) Update research provides an overview of the industry as fundamental as the structure of the industry chain and applications. The study deals with the offering ground scenario and the future growth opportunities for the forecast period of the global keyword sector.
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Table of Contents
Chapter One: Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Over-The-Air (OTA) Update Revenue
1.4 Market Analysis by Type
1.4.1 Global Over-The-Air (OTA) Update Market Size Growth Rate by Type: 2020 VS 2026
1.5 Market by Application
1.5.1 Global Over-The-Air (OTA) Update Market Share by Application: 2020 VS 2026
1.6 Study Objectives
1.7 Years Considered
Chapter Two: Global Growth Trends by Regions
2.1 Over-The-Air (OTA) Update Market Perspective (2015-2026)
2.2 Over-The-Air (OTA) Update Growth Trends by Regions
2.2.1 Over-The-Air (OTA) Update Market Size by Regions: 2015 VS 2020 VS 2026
2.2.2 Over-The-Air (OTA) Update Historic Market Share by Regions (2015-2020)
2.2.3 Over-The-Air (OTA) Update Forecasted Market Size by Regions (2021-2026)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter’s Five Forces Analysis
2.3.5 Over-The-Air (OTA) Update Market Growth Strategy
2.3.6 Primary Interviews with Key Over-The-Air (OTA) Update Players (Opinion Leaders)
Chapter Three: Competition Landscape by Key Players
3.1 Global Top Over-The-Air (OTA) Update Players by Market Size
3.1.1 Global Top Over-The-Air (OTA) Update Players by Revenue (2015-2020)
3.1.2 Global Over-The-Air (OTA) Update Revenue Market Share by Players (2015-2020)
3.1.3 Global Over-The-Air (OTA) Update Market Share by Company Type (Tier 1, Tier Chapter Two: and Tier 3)
3.2 Global Over-The-Air (OTA) Update Market Concentration Ratio
3.2.1 Global Over-The-Air (OTA) Update Market Concentration Ratio (CRChapter Five: and HHI)
3.2.2 Global Top Chapter Ten: and Top 5 Companies by Over-The-Air (OTA) Update Revenue in 2020
3.3 Over-The-Air (OTA) Update Key Players Head office and Area Served
3.4 Key Players Over-The-Air (OTA) Update Product Solution and Service
3.5 Date of Enter into Over-The-Air (OTA) Update Market
3.6 Mergers & Acquisitions, Expansion Plans
Key Takeaways:
• It details the market size, market share by value and market share by volume of the leading players and of global market in entirety.
• Innovation in technologies, value propositions, products and services offered in the Over-The-Air (OTA) Update market are detailed.
• The profound business challenges faced by market leaders and the resulting significant factors are detailed in the research study.
• The report provides information on a variety of interrelated developments taking place in the Over-The-Air (OTA) Update market since the past decade and its impact on future.
• This research based documentation is based on various data triangulation methodologies and international research best practices.
• The research is validated interviews with a range of global Over-The-Air (OTA) Update business leaders, as well as subject matter experts.
The Report Offers:
• Assessment of the market share (by value, by volume) for the country and regional level segments.
• Recommendations for strategic alignments to boost the efficacy and effectiveness of the new entrants of the Over-The-Air (OTA) Update market.
• The report covers market data for the years 2015 to 2021, and forecast data for the years 2022 to 2026.
• Strategic recommendations based on the market predictions.
• Mapping of the competitive landscape of the common trends including the technology trends in the Over-The-Air (OTA) Update market.
• Profiles of all the major shareholding companies in the market with details on their strategies, key financials, and ongoing developments.
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The report also offers an attractive analysis of the types, applications, and regions that are benchmarked on the grounds of market dimensions, growth rates, and the attractiveness of current and potential business development opportunities. The report offers an overview of the industry sector overviews, market share divisions, regional score, business strategy, engineering innovations, fusions & purchases, recent developments, cooperative projects, partnerships, SWOT analysis, and the key financial results of this study as well as an overview of key market players. The study drives process improvement and allows the market participants to create an operating model that can easily allow them boost financial returns from their existing business and respond quickly and decisively to the prospect opportunities.
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Automotive Head Up-Display Market – Global Leaders & Geographical Growth
According to the new market research report "Automotive HUD Market by Technology (AR-HUD, Conventional HUD), HUD Type (Combiner, Windshield), Vehicle Class (Economy, Mid-Segment, Luxury Car), Dimension (2D and 3D), Vehicle Type, Sales Channel (OEM, Aftermarket), and Region: Global Forecast to 2025", Published by MarketsandMarkets™, Automotive HUD Market is projected to reach USD 3,372 million by 2025 from USD 866 million in 2020, at a CAGR of 31.3% during the forecast period.
Technological advancements in current generation automotive cockpit electronics along with increasing trend of connected and autonomous vehicles are further expected to drive the Automotive HUD Market. The HUD technology is evolving from a conventional HUD to augmented reality HUD. The augmented reality HUD overlays the external environment of the vehicle with virtual imagery that appears to be a part of the driving situation. This type of HUD highlights the street signs, enables advanced navigation that appears as arrows flowing over the road, and detects and illuminates the vehicles ahead to alert the driver of the distance between vehicles. This is always again expected to keep the driver alert and enhances the user experience. These advanced HUD functions are also projected to play a significant role in developing the fully autonomous driving technology.
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359 – Tables
70 – Figures
300 – Pages
The COVID-19 pandemic has resulted in halted production and plunging sales and has forced the key players in the global automotive field to rethink their strategies. Rescheduling the launch of models and projects, stabilizing dealer networks, managing cash carefully, and reviewing investment portfolios have affected the production and sales of passenger and commercial vehicles across the globe, which has resulted in a dip in the Automotive HUD Market in 2020 as compared to 2019. The development and implementation of safety features are expected to slow down as well.
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3D HUD segment, by technology, is estimated to be the fastest growing Automotive HUD Market during the forecast period.
The 3-D HUD technology is attractive to leading auto manufactures because it is compact, does not require eye tracking, and provides a deeper field of view than the existing HUD displays. With glasses-free 3-D technology, next-generation HUD units offer the possibility of full 3-D effects, projecting the images seen by drivers at safer distances from the windshield, therefore, causing less distraction. The 3-D AR HUD can display information at different distances depending on the driving speed (e.g., 40 m ahead when driving at 40 km/h in urban areas, 80 m ahead when driving at 80 km/h on highways).
The presence of any object can be detected with the help of 3-D projecting using sensors. This visually alerts the driver in advance, giving the driver additional time to make judgments and control the vehicle. Thus, the 3-D AR HUD is expected to reduce the accident rate and make driving safer. Currently, many HUD manufacturers, including WayRay, Continental, Visteon, and component providers, such as NVIDIA and Zecotek, are working on the development of 3-D and augmented reality HUDs. In 2018, Continental developed AR HUD with holographic projection by collaborating with DigiLens. Moreover, OEMs such as Toyota are focusing their R&D activities on 3-D HUD development. These factors will boost the growth of the 3-D HUD market.
Luxury Car segment, by vehicle class, is estimated to hold the largest market share during the forecast period.
The luxury car segment makes a major contribution to the Automotive HUD Market. The luxury car segment includes brands like Audi, BMW, Land Rover, Mercedes Benz, and Jaguar, which are priced higher than USD 50,000. The luxury car segment integrates windshield HUD in the vehicle, as the market is less price-sensitive, which gives attractive profit margins. Many OEMs are now offering the HUD as a standard feature in premium models and their variants.
Windshield HUD’s safety-enhancing features such as LDWS, blind spot detection, navigation, and speed metrics in the driver’s field of view have made the driving experience even richer. With technological advancements in the automotive industry progressing at a rapid pace, the integration of a wider range of advanced driver assistance systems in the windshield HUD is projected by 2025. The technological innovation in the product and the safety features attached to it would increase the demand in this segment. Asia Pacific and Europe hold a major share in this segment due to the high production of luxury vehicles in these regions and the increasing demand from consumers for advanced safety and convenience in-vehicle features. Despite the high price of windshield HUDs, suppliers continue to invest heavily in full-windshield HUD systems, adding advanced features such as augmented reality.
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Europe is estimated to be the largest market for automotive HUD in 2020
Europe is expected to account for the largest market share by 2020, followed by Asia Pacific and North America. The automotive industry is one of the key industries in Europe. As per the European Commission, there are about 180 automobile facilities across the EU, and the automobile industry represents the largest investor in research & development. The European region is a hub for automotive giants and premium vehicle manufacturers. However, in recent years, it has witnessed a slump in the production of vehicles and an increase in competition from emerging markets such as Asia Pacific and the Rest of the World. The major growth drivers of the Automotive HUD Market in the region include the growing demand for technology, the rising need for safe and secure driving experience, and an increase in the development of connected cars. Germany is estimated to account for the largest share of the European Automotive HUD Market, by value and volume, during the forecast period. The market growth can be attributed to the increasing demand for advanced automotive in-vehicle electronics. The presence of key automotive players such as Continental AG enhances the market’s first mover advantage with advanced automotive applications. In addition, the German commercial vehicle market is expected to adopt augmented reality HUDs at a faster pace compared to other developed countries.
The Automotive HUD Market is dominated by globally established players such as Bosch (Germany), Continental (Germany), Denso (Japan), Visteon (US), Nippon Seiki (Japan), Panasonic (Japan), Pioneer (Japan), and Yazaki (Japan).
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ADAS Market by System (ACC, DMS, IPA, PDS, TJA, FCW, CTA, RSR, LDW, AEB, & BSD), Component (Radar, LiDAR, Ultrasonic, & Camera Unit), Vehicle (PC, LCV, Bus, & Truck), Level of Autonomy (L1, L2&3, L4, L5), Offering, EV, and Region - Global Forecast to 2030
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Vehicle Control Unit Market Report, Size, Share, and Trends – 2027
"Vehicle Control Unit Market by Vehicle Type, Component (Hardware & Software), Propulsion Type, Voltage (12/24V & 36/48V), Capacity (16, 32, & 64-bit), Electric Two-Wheeler, Communication Technology, Function, and Region - Global Forecast to 2027", The global Vehicle Control Unit Market is projected to grow from USD 2.9 billion in 2019 to reach USD 10.4 billion by 2027, at a CAGR of 17.1%.
The growth of the Vehicle Control Unit Market can be attributed to the growing adoption rate of electric vehicles. Technological advancements in-vehicle electronics, battery management systems, body control, and infotainment functions, ADAS, autonomous driving technology, and electrification of automotive components along with the need of compact integrated vehicle systems are some of the major factors driving the growth of vehicle control unit. Thus, the Vehicle Control Unit Market is expected to witness a significant increase in the future.
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50 - Tables
30 - Figures
150 - Pages
The global Vehicle Control Unit Market is dominated by major players such as Robert Bosch GmbH (Germany), Continental AG (Germany), Texas Instruments (US), Mitsubishi Electric Corporation (Japan), and STMicroelectronics (Switzerland)
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The Asia Pacific is expected to lead the global market during the forecast period
The Asia Pacific is expected to be the fastest-growing and the largest Vehicle Control Unit Market in the world. The market growth in the region can be attributed to the large electric vehicle sales volume in the region. Considering the large EV sales volume and continuous technological advancements in the battery management systems, automotive features, body control, and infotainment functions; and innovative charging solutions, China is expected to lead the Vehicle Control Unit Market in the Asia Pacific region.
The software segment is expected to grow at the highest CAGR
The software segment is expected to be the fastest market. The software can be reprogrammed over the air (OTA) using SOTA and FOTA protocols. Due to this, VCU is very flexible and can fit into any vehicle system with the help of required programming. Currently, all the VCU providers in the market are using their basic software in their VCUs. However, the software can be reprogrammed easily using platforms such as MATLAB and Simulink. This makes the system much more flexible, as the company can roll out software updates over the air. Thus, just like most other electronic systems, hardware might get standardized in the future, and companies would roll out their software, designed predominantly for their vehicles. This would change the VCU market scenario in the future, as software with innovative technologies might get expensive, and hardware is expected to become cheaper.
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Europe: Germany is expected to lead the European market
The European region is estimated to be the second-fastest-growing market during the forecast period, after the Asia Pacific. The region is a hub to major players such as Robert Bosch GmbH (Germany), Continental AG (Germany), STMicroelectronics (Switzerland), IET SPA (Perugia), Rimac Automobili (Croatia), and AIM Technologies (England). Europe is a key region for innovations, significant R&D, and technological advancements in electric vehicles, vehicle electronics, advanced automotive systems, and charging solutions. Germany is the largest market in Europe, followed by France. Germany, which is said to be the automotive hub of the world, is home to many established vehicle as well as VCU manufacturers and also has a higher EV adoption rate. The increasing demand for advanced automotive features in electric vehicles and electrification of automotive components are driving the Vehicle Control Unit Market in Europe.
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Electric Vehicle Supply Equipment Market by Charging Level (Level 1, Level 2 & Level 3), Application (Public, Private), Charging Infrastructure, Electric Bus Charging, Installation (Portable Charger, Fixed Charger), Charging Station, and Region - Global Forecast to 2027
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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
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#VehicleControlUnitMarket#VehicleControlUnit#VehicleControlUnitMarketSize#VehicleControlUnitMarketShare#VehicleControlUnitMarketForecast#VehicleControlUnitMarketAnalysis#VehicleControlUnitMarketTrends#VehicleControlUnitMarketOverview#VehicleControlUnitMarketInsights#VehicleControlUnitMarketOutlook
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Over the Air Updates Market are Expected to Introduce Emerging Technologies
The report "Over the Air (OTA) Updates Market for Automotive by Technology (SOTA and FOTA), Application (ECU, TCU, Infotainment, and Safety & Security), Vehicle Type (PC and CV), Electric Vehicle Type (BEV, HEV, and PHEV), and Region - Global Forecast to 2022", The over-the-air (OTA) updates market for automotive is projected to grow at a CAGR of 18.2% during the forecast period, to reach USD 3.89 Billion by 2022. Increasing demand for vehicle connectivity for real-time traffic information, government regulations about safety, demand for vehicle performance data for predictive analysis, and improved operational efficiency and profitability are the key drivers for the OTA updates market for automotive.
Browse 73 Market Data Tables and 37 Figures spread through 149 Pages and in-depth TOC on "Over the Air (OTA) Updates Market - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/automotive-over-the-air-updates-market-114117650.html
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The global OTA updates market for automotive is estimated to be USD 1.42 Billion in 2016 and is projected to grow at a CAGR of 18.2% during the forecast period, to reach USD 3.89 Billion by 2022. In this study, 2016 has been considered the base year, and 2017 to 2022 the forecast period, for estimating the size of the OTA updates market for automotive
North America: Largest market for OTA updates for automotive
North America is projected to be the largest market for automotive OTA updates from 2017 to 2022. The market growth in the region can be attributed to various factors such as increasing number of connected car devices in vehicles, ramping up of electric vehicle production, and frequent infotainment & telematics services updates. Also, strategic alliances between OEMs and non-automotive companies, exceptional communication infrastructure, and government regulations for vehicle data security are expected to fuel the demand for OTA updates market in the region.
Passenger cars are estimated to hold the largest market share during the forecast period
The passenger car segment accounts for the largest share of the OTA updates market for automotive. The growth of OTA updates market for passenger cars can be attributed to the increased production of passenger cars across the globe. According to the Organisation Internationale des Constructeurs d’Automobiles (OICA) statistics, the global passenger vehicle production has increased from 59.9 million units (2011) to 72.1 million units (2016), at a CAGR of 3.77% over the period of five years. Also, developing countries such as China and India have witnessed significant economic growth, which in turn has increased the demand for premium and luxury segment cars that have a number of connected car devices.
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The Global Market for Automotive Software is Forecast to Reach US$8.2 Billion by 2024
Shifting Automotive Revenue Streams, Disruption in Auto OEM Status Quo & Rise of Software Expertise as a Core Competency for OEMs to Benefit Growth in the Market, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Automotive Software market. The global market for Automotive Software is forecast to reach US$8.2 billion by 2024, driven by the rise of software as a core strength for OEM competitiveness in a rapidly transforming automotive industry.
Cars over the decades have evolved from a simple mechanical piece of engineering to an electronic marvel. Modern cars are today integrated with infinite electrical and electronic components that control various integrated systems ranging from ECUs, ABS brakes, GPS navigation equipment, sensors, driver assistance systems, power windows, heated seats to sunroofs. Electronification in modern vehicles is therefore a major trend in the auto industry, which continues to evolve given the perennial quest for developing intelligent self-aware vehicles. The envisioned future of smart cars, connected cars and autonomous cars are key factors driving the high tide of automobile "electronification". At the heart of this ongoing revolution is software. Innovation in automotive software has been largely responsible for the successful commercialization of electronic control units (ECU) in a vehicle. As a key enabler of automotive electronics, software will continue to benefit from increasing electronic content per car, changing automobile engineering and design trends, and customer demand for low cost, highly safe, and performance packed automobiles. Electronic content per car has and will continue to grow in the coming years. Intelligent automotive systems are poised to get progressively even more software intensive in the coming years as technologies converge and integrate onto more powerful platforms.
Given that software is at the heart of all modern automobiles and is indispensable to their efficient operation, few of the trends poised to benefit current and future growth in the market include the growing engineering focus on fuel efficiency, emission reduction, infotainment, telematics, navigation, convenience, safety, comfort, and personalization, all of which require advanced software platforms and multitasking software algorithms. Major trends shaping growth opportunities in the market is the rise of the Internet of Things (IoT) concept and connected cars, smart mobility, electrification, proposed commercialization of autonomous self-driving cars, and growing commercial value of advanced driver assistance systems (ADAS). Strong projected growth X by Wire Systems is also forecast to bring in additional growth opportunities for automotive software, given that enhanced driving experience comes only with superior vehicle performance, comfort, style and convenience. The growing trend towards movability and reusability of software is ushering in the concept of “modularization” of software. The need to reuse software over different ECUs, microcontroller platforms and different vehicle models is driving the development emphasis on modularization of software.
As stated by the new market research report on Automotive Software, Europe represents the largest market worldwide. Asia-Pacific is poised to emerge as the fastest growing market with a CAGR of 6.8% over the analysis period led by factors such as growing per capita vehicle ownership in developing Asian economies; growing base of affluent middle class population and greater appetite for innovative digital automotive technologies; rise of China as a robust production hub for automobiles; and growing willingness among vehicle owners to pay for Over the Air (OTA) software updates of infotainment and telematics systems on cars.
Major players in the market include Airbiquity Inc., Apple Inc., Aptiv PLC, Bosch Software Innovations GmbH, Denso Corporation, Elektrobit, ETAS, Google Inc., Green Hills Software Inc., Intel Corporation, International Business Machines Corporation, Lectronix Inc., Luxoft Global Operations GmbH, Lynx Software Technologies Inc., Mentor Graphics Corporation, Microsoft Corporation, MSC. Software Corporation, Nuance Communications Inc., NuTonomy, NVIDIA Corporation, NXP Semiconductors N.V., Oxbotica LTD, QNX Software Systems, Tesla Motors Inc., The MathWorks Inc., Vector Informatik GmbH and Wind River Systems Inc., among others.
The research report titled “Automotive Software: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for all major geographic markets such as the USA, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World. Further, the report provides market estimates and projections for all major applications areas such as Safety & Security Systems, Body Electronics/Comfort Systems, Infotainment/Telematics and Others (including Transmission Control and Engine Management Systems among others).
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Global Automotive Over-The-Air(OTA) Update Market Research Trend
Qyresearchreports include new market research report Global Automotive Over-The-Air(OTA) Update Market Size, Status and Forecast 2022 to its huge collection of research reports.
A newly added research report about the global market for Automotive Over-The-Air(OTA) Update produces a 360-degree overview of it. The report brings to the fore important details and elucidates every aspect expected to mold its path going forward. It sheds light on stimulants and deterrents affecting the market. It also provides a quantitative and qualitative description of their expected impact on the market over the course of the forecast period. The primary intent is to help key stakeholders comprehend the dynamics and calculate their moves accordingly.
The various segments of the global market for Automotive Over-The-Air(OTA) Update have been discussed carefully at length. The various application segments, product segments, and end user segments have been discussed in the report, leveraging historical and current figures. Leveraging both primary and secondary research, the report arrives at growth figures for each of the segments. This enables it to find out the global market for Automotive Over-The-Air(OTA) Update’s growth prospects. This helps to furnish a granular overview of the market for Automotive Over-The-Air(OTA) Update and the areas where main opportunities lie.
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A thorough examination of the competitive landscape of the global market for Automotive Over-The-Air(OTA) Update has also been provided in the report. Prominent participants in the global market for Automotive Over-The-Air(OTA) Update have been examined and data pertaining to their sales and revenues, among other things, have been presented. The report examines their strengths and weaknesses. This report has been prepared carefully with data gathered through primary and secondary research methods.
The primary intention of the report is to help the companies operating in the global market for Automotive Over-The-Air(OTA) Update to gain an insight into the current market dynamics, including opportunities and pitfalls that would enable them to strategize sagaciously. To do, it deploys analytical tools to understand the competitive landscape at present.
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Table of Contents
Global Automotive Over-The-Air(OTA) Update Market Size, Status and Forecast 2022
1 Industry Overview of Automotive Over-The-Air(OTA) Update
1.1 Automotive Over-The-Air(OTA) Update Market Overview
1.1.1 Automotive Over-The-Air(OTA) Update Product Scope
1.1.2 Market Status and Outlook
2 Global Automotive Over-The-Air(OTA) Update Competition Analysis by Players
2.1 Automotive Over-The-Air(OTA) Update Market Size (Value) by Players (2016 and 2017)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 Continental AG (Germany)
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Automotive Over-The-Air(OTA) Update Revenue (Value) (2012-2017)
3.1.5 Recent Developments
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List of Tables and Figures
Figure Automotive Over-The-Air(OTA) Update Product Scope
Figure Global Automotive Over-The-Air(OTA) Update Market Size (Million USD) (2012-2017)
Table Global Automotive Over-The-Air(OTA) Update Market Size (Million USD) and Growth Rate by Regions (2012-2017)
Figure Global Automotive Over-The-Air(OTA) Update Market Share by Regions in 2016
Figure United States Automotive Over-The-Air(OTA) Update Market Size (Million USD) and Growth Rate by Regions (2012-2017)
Figure EU Automotive Over-The-Air(OTA) Update Market Size (Million USD) and Growth Rate by Regions (2012-2017)
Figure Japan Automotive Over-The-Air(OTA) Update Market Size (Million USD) and Growth Rate by Regions (2012-2017)
Figure China Automotive Over-The-Air(OTA) Update Market Size (Million USD) and Growth Rate by Regions (2012-2017)
Figure India Automotive Over-The-Air(OTA) Update Market Size (Million USD) and Growth Rate by Regions (2012-2017)
Figure Southeast Asia Automotive Over-The-Air(OTA) Update Market Size (Million USD) and Growth Rate by Regions (2012-2017)
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The accelerating automotive digitization rate is creating a huge requirement for frequent software and cybersecurity updates in vehicles. Regular updates are required for keeping up with the latest developments in connectivity technologies. To avoid the recalling of vehicles to garages for constant updates, it is more viable to install these updates over-the-air (OTA) or wirelessly. Updating automotive technologies through OTA is an economical option and also facilitates the internet of things (IoT)-enabled environment, by improving the functionality of connected features. OTA updates also help in protecting the connected devices against hacking and data breaches.
Additionally, the increasing introduction of stringent vehicle safety norms, on account of the escalating vehicle safety concerns, will also aid the automotive over-the-air updates market to grow at a CAGR of 19.5% during the forecast period (2021–2030). The market was valued at $2,422.6 million in 2020 and it is expected to generate $13,859.5 million revenue by 2030. Vehicle Safety has always been a major concern for automakers, but with the improving degree of programmability and rising sophistication in automobile technology, they are increasingly focusing on upgrading their vehicles, to comply with the revised regulations.
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Growth Opportunities and Latent Adjacency in Connected Car Market
According to the new market research report “Connected Car Market by Service (OTA Update, Navigation, Cybersecurity, Multimedia Streaming, Social Media, e-Call, Autopilot, Home Integration, & Others), Form, End Market (OE, Aftermarket), Network, Transponder, Hardware, & Region - Global Forecast to 2025", Published by MarketsandMarkets™, The global connected car market size is projected to reach USD 166.0 billion by 2025, from an estimated USD 53.9 billion in 2020, at a CAGR of 25.2%.
The growth of the global connected car market is influenced by factors such as the increasing trend of in-vehicle connectivity solutions and government initiatives toward developments in intelligent transportation systems. Therefore, the connected car market is expected to witness significant growth in the future.
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The autopilot market is expected to grow at the fastest CAGR.
The introduction of autopilot would minimize driver intervention. As autonomous technology nears Level 3 & above, it would help achieve the automaker’s goals of commercializing fully autonomous vehicles for consumers by 2022. For instance, the upcoming model of the Cadillac CT6 will be equipped with the semi-autonomous “Super Cruise” feature that will essentially allow fully autonomous single-lane travel on divided highways.
Similarly, Audi will also be including its Level 3 semi-autonomous technology in the upcoming model of the A8. Audi’s AI-based traffic jam pilot would enable highly automated driving at Level 3. With all the developments in the autopilot or autonomous driving field, the demand for connected services related to autopilot is expected to rise in the coming future.
Embedded connectivity is expected to grow at the fastest CAGR in the global connected car market.
The growth in embedded technology is being driven by regulatory mandates in the EU, which recently mandated that all new car models in member states must have embedded technology as part of its European eCall system, connecting a vehicle to emergency services, following a collision and providing location and impact information. Similar mandates could be announced by other countries in the future. The growth of the embedded form of connected solutions in the long term is attributed to various disruptive factors such as government mandates, cost optimization of service plans, and an increase in cloud-based services. By 2025, an embedded form of connectivity is estimated to dominate the market.
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The Asia Pacific is expected to lead the global connected car market during the forecast period.
One of the key drivers for the Asia Pacific market is the increased demand for infotainment and navigation services, particularly in China, Japan, India, and South Korea. The tech-savvy population in these countries demands a better and connected driving experience. The demand for connected cars in the Asia Pacific is driven significantly by the strong economic growth, growing population, and rapid urbanization. As safety regulations have been made in Japan and South Korea, the connected car market in these countries is anticipated to increase in the coming years.
In 2017, the Chinese Ministry of Industry and Information Technology (MIIT) and the Standardization Administration of China (SAC) issued a draft to establish national standards for China’s Intelligent & Connected Vehicles (ICV). Due to the growing population and vehicle demand, China is expected to introduce vehicle and road safety regulations. Baidu and Alibaba, which are the biggest technology companies in China are pushing to develop platforms for connected cars.
Japanese automotive companies are also inventing and implementing connected car services and solutions. In 2019, Airbiquity announced that it became a member of the Japan Automotive Software Platform and Architecture (JASPAR), an organization dedicated to advancing the standardization of in-vehicle software and networks to enhance development efficiency and reliability.
The globally connected car market is dominated by major players such as Continental (Germany), Bosch (Germany), HARMAN (US), Airbiquity (US), and Visteon (US).
Browse Related Reports:
Telematics Solutions Market by Service (ACN, eCall, RSA, Remote Diagnostics, Insurance Risk Assessment, Driver Behavior, Billing & Other), Form & Vehicle Type, Component, Connectivity, Aftermarket, Fleet Management Service, Region - Global Forecast to 2025
Over the Air Updates Market for Automotive by Technology (SOTA and FOTA), Application (ECU, TCU, Infotainment, and Safety & Security), Vehicle Type (PC and CV), Electric Vehicle Type (BEV, HEV, and PHEV), and Region - Global Forecast to 2022
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
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V2X Cybersecurity Market Report, Size, Share and Forecast to 2025
According to the new market research report "V2X Cybersecurity Market by Unit Type (OBU and RSU), Form (In-vehicle and External Cloud Services), Communication Type (V2I, V2V, V2G, V2C, and V2P), Security Type (PKI and Embedded), Connectivity Type, Vehicle Type, and Region - Global Forecast to 2025", Published by MarketsandMarkets™, The global V2X Cybersecurity Market size is projected to grow from USD 659 million to reach USD 2,798 million by 2025, at a CAGR of 33.5%.
The growth of the V2X Cybersecurity Market can be attributed to the increasing trend of connected and autonomous vehicles equipped with V2X technologies and growing cyber threats in the automotive industry. The focus of automobile manufacturers has shifted from fuel efficiency, performance, driver safety, and stability of the vehicle to additional features such as vehicle connectivity, electrification of functions, and digitalization. This change in focus has created a huge opportunity for non-automotive industry players such as Intel, Qualcomm, and Nvidia, to name a few. OEMs, technology companies, and V2X providers worldwide have joined hands and are focusing heavily on research & testing of security applications/standards to protect data privacy.
The V2X cybersecurity is part of a complex ecosystem with multiple stakeholders, as the value chain is fragmented among all types of industries. Due to COVID-19, businesses of majority of stakeholders in the V2X ecosystem have been affected, one way or the other. Most of the ongoing developments in this ecosystem have been suspended or stopped for a while as well. With such a complex ecosystem, the COVID-19 affects one or two stakeholders in the chain will result in the whole ecosystem suffering the impact.
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106 – Tables
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195– Pages
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The Asia Pacific is expected to be the largest and fastest-growing market in the forecast
The Asia Pacific region is projected to account for the largest share of the global V2X Cybersecurity Market during the forecast period. The region is home to renowned V2X cybersecurity companies such as Autotalks, AutoCrypt, and Argus Security. China is expected to be the most influential factor in the Asia Pacific V2X Cybersecurity Market. China has been conducting various tests and trails on cellular connectivity for V2X, and the expected country-wide launch is by 2021. The large market share of China can also be attributed to the high sales of the Mercedes-Benz E-Class, which is equipped with V2X, especially V2C and V2I. The Chinese government is committed to the growth of IoT with a great emphasis on the development of connected cars and has already invested more than USD 10 billion in the IoT industry since October 2010. Apart from this, one of the key factors driving the growth of the market in the Asia Pacific is the increased production of passenger cars with advanced connected car features. The increasing purchasing power of the population and increasing concerns over the environment have triggered the demand for V2X in the Asia Pacific. Since South Korea and Japan are among the leaders in electronics, it would enable them to design V2X solutions with better performance at a lesser price. Thus, increasing V2X use in vehicles will result in high demand for cybersecurity solutions, thus, driving the Asia Pacific V2X Cybersecurity Market.
The external cloud services segment is expected to be the largest market during the forecast
The external cloud services segment is projected to have the largest share in the V2X Cybersecurity Market. V2X communication security mostly requires external cloud services due to continuously changing security protocols, connectivity options, and cloud updates. With the increasing cloud-based applications, smart devices, and IoT penetration, the market for external cloud services has increased in the automotive market. Manufacturers are looking for cost-effective solutions along with better resource planning. Fleet management system, OTA, V2X, and other IoT applications and services are the major applications of external cloud services for the automotive market. The V2X, cybersecurity, and network providers have started creating their cloud servers to support secured V2X communications. With cloud-based security services, V2X messages can be kept encrypted and cannot be accessed without proper authentication. Cloud services help in maintaining certificate and security keys to keep V2X communications secured. Also, external cloud services for V2X cybersecurity are more feasible, as they are cost and time efficient (due to OTA updates).
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The European region is expected to be the second-largest market during the forecast period
Europe is projected to be the second-largest V2X Cybersecurity Market as the regulations related to safety issues have become stringent. Therefore, the increasing demand for connected cars equipped with V2X technologies is likely to drive the V2X Cybersecurity Market in this region. Moreover, given the present infrastructure, the inclination of OEMs in the region and recovery from the financial crisis is likely to result in a high growth market, with Germany expected to be the fastest market in the region for connected cars and cybersecurity solutions. To strengthen the competitiveness of the EU automotive industry and preserve its global technological leadership, the European Commission supports global technological harmonization and provides funding for R&D. For instance, the German automotive industry is an internationally renowned innovation hub. Around 40% of the world’s premium car production takes place in Germany. Approximately 70% of worldwide premium cars are manufactured by German OEMs.
The V2X Cybersecurity Market is dominated by players such as ESCRYPT (Germany), OnBoard Security (US), Autotalks (Israel), AutoCrypt (Korea), and Continental (Germany). These companies developed new products, adopted expansion strategies, and undertook collaborations, partnerships, and mergers & acquisitions to gain traction in this high-growth V2X Cybersecurity Market.
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Automotive V2X Market by Connectivity (DSRC, and Cellular), Communication (V2V, V2I, V2P, V2G, V2C, and V2D), Vehicle (Passenger Car, and Commercial Vehicle), Propulsion (ICE and EV), Unit, Offering, Technology, and Region - Global Forecast to 2028
Automotive Cyber Security Market by Form (In-Vehicle, External Cloud Services), Security (Endpoint, Application, Wireless Network), Application (Infotainment, Powertrain, ADAS & Safety), Vehicle Type, EV Type, and Region - Global Forecast to 2025
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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In-Vehicle Computer System Market 2028 | Here's All You Need to Know
According to the new market research report "In-Vehicle Computer System Market by Application (Safety, Performance, Convenience, and Diagnostic), Offering (Hardware and Software), Vehicle Type (PC and CV), Memory Size (Up to 8 GB, 16GB, 32 GB and above), and Region- Global Forecast to 2025", published by MarketsandMarkets™, In-Vehicle Computer System Market is projected to grow from USD 565 million in 2020 to USD 980 million by 2025, at a CAGR of 11.6%.
The increasing shift toward connected specialized vehicles and surveillance systems in public transit would drive the In-Vehicle Computer System Market. The demand for telematics-based vehicle management services is expected to rise with the growing preference for fleet optimization.
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8 GB memory configuration is expected to be the largest segment of the In-Vehicle Computer System Market
Most of the in-vehicle computer system manufacturers offer RAM configuration of up to 8 GB as base models. These computers are often paired with low power Intel Atom processors and designed for very specific automotive applications such as vehicle tracking or vehicle diagnostics. In the present scenario, such applications demand minimal computing. Hence, an in-vehicle gateway with a lightweight Linux distribution and 8 GB ram would meet the demand. In addition, these computers are inexpensive and require very little maintenance.
One of the major applications of vehicle tracking solutions is in emergency rescue vehicles such as ambulances. Time is a very critical factor in medical emergencies. Hence, major healthcare institutions have proposed to deploy connected ambulances where a preliminary diagnosis can be performed before reaching hospitals. In-vehicle computers would function as a connection hub between the ambulance and the hospital. These computers can be configured with multiple PCI (peripheral component interconnect) sockets to connect various wireless networks. Multiple connectivities help in load balancing where network load is distributed among available networks to gain more speed. More such implementation of vehicle computers in emergency vehicles would drive the demand for vehicle computers with lower RAM configuration.
Safety computers segment is expected to lead the In-Vehicle Computer System Market
The safety computer segment is the largest due to the increasing focus on advanced safety features in upcoming vehicles. With growing concerns over road and traffic safety, OEMs are planning to add more ADAS features in upcoming vehicles. ADAS technologies can improve driving by making it safer and more comfortable. Driver distraction and drowsiness are the most common reasons for fatal road accidents. Governments of several countries have mandated safety features in upcoming vehicles to minimize incidents of over-speeding and fatal accidents. According to a report by the European Automobile Manufacturers’ Association (ACEA), speeding is the main reason behind 30% of all fatal accidents in Europe. The authority also proposed to implement speed limit information (SLI) systems and intelligent speed assistance (ISA) in upcoming vehicles. ISA prevents the driver from over speeding using road sign recognition cameras and GPS-linked speed limit database. These regulations would enforce OEMs to equip camera-based advanced safety features that would require GPU-driven in-vehicle computers for AI-based applications. Likewise, the European Commission adopted a proposal in May 2018 for passive and active safety improvements to reduce accident-related injuries and better protect vehicle occupants, pedestrians, and cyclists. The features include advanced emergency braking, emergency lane-keeping systems, and improved car crash tests. Automotive manufacturers need to abide by the new mandates to improve passenger safety. Hence, the adoption of advanced safety features would play a pivotal role in the growth of the in-vehicle safety computer system market.
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North America is expected to be the largest market by 2025
North America is estimated to lead the market due to the development of autonomous driving and demand for in-vehicle computer systems in law enforcement applications. Major OEMs and e-hailing service providers such as General Motors, Ford, Uber, Lyft, and Waymo have launched Robo-taxi trials in the US. Passengers can hail a self-driving cab from a dedicated application. The US became the first country to fully deploy Robo-taxis for public transportation on a large scale. OEMs such as Tesla and General Motors have plans to deploy fully autonomous cars on the road. Such initiatives would escalate the demand for High-Performance Embedded Computing (HPEC) platforms. These high-performance in-vehicle computers are designed for parallel processing to facilitate AI applications such as machine learning and deep learning or Convolutional Neural Networks (CNN). Thus, the emergence of autonomous driving in the region would play a major role. Such embedded systems are high margin products compared to in-vehicle computer systems deployed in fleet management or passenger information systems. In addition, these systems would have a major market in law enforcement vehicles. Systems capable of ANPR and facial recognition would be incorporated in police patrol vehicles for real-time surveillance and safety. Increasing developments in autonomous driving and adoption of high-performance computers in law enforcement applications would help the North American In-Vehicle Computer System Market keep its leading position during the forecast period.
The In-Vehicle Computer System Market is dominated by global players such as S&T AG (Kontron) (Germany), Lanner Electronics Inc. (Taiwan), SINTRONES Technology Corporation (Taiwan), NEXCOM International (Taiwan), IBASE Technology Inc. (Taiwan), and Axiomtek (Taiwan). These companies develop new products, adopt expansion strategies, and establish collaborations, partnerships, and mergers & acquisitions to gain traction in the In-Vehicle Computer System Market.
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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
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Research Insight: https://www.marketsandmarkets.com/ResearchInsight/in-vehicle-computer-system-market.asp
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Connected Car Market: Possibilities and Scope
According to the new market research report "Connected Car Market by Service (OTA Update, Navigation, Cybersecurity, Multimedia Streaming, Social Media, e-Call, Autopilot, Home Integration, & Others), Form, End Market (OE, Aftermarket), Network, Transponder, Hardware, and Region - Global Forecast to 2027", published by MarketsandMarkets™, The global Connected Car Market size is projected to reach USD 212.7 billion by 2027, from an estimated USD 42.6 billion in 2019, at a CAGR of 22.3%.
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148 - Tables
58 - Figures
218 - Pages
The growth of the global Connected Car Market is influenced by factors such as the increasing trend of in-vehicle connectivity solutions and government initiatives toward developments in intelligent transportation systems. Therefore, the Connected Car Market is expected to witness significant growth in the future.
The Connected Car Market comprises major manufacturers such as Continental (Germany), Bosch (Germany), HARMAN (US), Airbiquity (US), and Visteon (US), among others.
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The autopilot market is expected to grow at the fastest CAGR.
The introduction of autopilot would minimize driver intervention. As autonomous technology nears Level 3 & above, it would help achieve the automaker’s goals of commercializing fully autonomous vehicles for consumers by 2022. For instance, the upcoming model of the Cadillac CT6 will be equipped with the semi-autonomous “Super Cruise” feature that will essentially allow fully autonomous single-lane travel on divided highways.
Similarly, Audi will also be including its Level 3 semi-autonomous technology in the upcoming model of the A8. Audi’s AI-based traffic jam pilot would enable highly automated driving at Level 3. With all the developments in autopilot or autonomous driving field, the demand for connected services related to autopilot is expected to rise in the coming future.
Embedded connectivity is expected to grow at the fastest CAGR in the global Connected Car Market.
The growth in embedded technology is being driven by regulatory mandates in the EU, which recently mandated that all new car models in member states must have embedded technology as part of its European eCall system, connecting a vehicle to emergency services, following a collision and providing location and impact information. Similar mandates could be announced by other countries in the future. The growth of embedded forms of connected solutions in the long term is attributed to various disruptive factors such as government mandates, cost optimization of service plans, and an increase in cloud-based services. By 2027, the embedded form of connectivity is estimated to dominate the market.
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The Asia Pacific is expected to lead the global Connected Car Market during the forecast period.
One of the key drivers for the Asia Pacific market is the increased demand for infotainment and navigation services, particularly in China, Japan, India, and South Korea. The tech-savvy population in these countries demands a better and connected driving experience. The demand for connected cars in the Asia Pacific is driven significantly by the strong economic growth, growing population, and rapid urbanization. As safety regulations have been made in Japan and South Korea, the Connected Car Market in these countries is anticipated to increase in the coming years.
In 2017, the Chinese Ministry of Industry and Information Technology (MIIT) and the Standardization Administration of China (SAC) issued a draft to establish national standards for China’s Intelligent & Connected Vehicles (ICV). Due to the growing population and vehicle demand, China is expected to introduce vehicle and road safety regulations. Baidu and Alibaba, which are the biggest technology companies in China are pushing to develop platforms for connected cars.
Japanese automotive companies are also inventing and implementing connected car services and solutions. In 2019, Airbiquity announced that it became a member of the Japan Automotive Software Platform and Architecture (JASPAR), an organization dedicated to advancing the standardization of in-vehicle software and networks to enhance development efficiency and reliability.
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About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
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Contact:
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Research Insight: https://www.marketsandmarkets.com/ResearchInsight/connected-cars-market.asp
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Telematics Solutions Market | Trends, Growth and Forecast – 2025
According to the new market research report "Telematics Solutions Market by Service (ACN, eCall, RSA, Remote Diagnostics, Insurance Risk Assessment, Driver Behavior, Billing & Other), Form & Vehicle Type, Component, Connectivity, Aftermarket, Fleet Management Service, Region - Global Forecast to 2025" The Telematics Solutions Market is projected to reach USD 62.6 billion by 2025 from an estimated USD 29.9 billion in 2020 at a CAGR of 15.9% during the forecast period.
The Telematics Solutions Market growth is governed by the increasing trend of in-vehicle connectivity solutions and government initiatives towards developments in intelligent transportation systems & connected cars. The market growth is also supported by the continual improvement in network infrastructure along with increasing technology acceptance among the consumers. Therefore, the Telematics Solutions Market is expected to witness significant growth in the future.
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130 – Tables
20 – Figures
180 – Pages
The Global Telematics Solutions Market is dominated by major players such as Robert Bosch GmbH (Germany), AT&T INC. (US), Continental AG (Germany), LG Electronics (South Korea), and Verizon (US).
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Fleet Management Market is expected to grow at the fastest CAGR by service segment.
Fleet Management market is driven by the continuous increase in the demand for logistics and transport. Large commercial vehicle fleet owners mainly use this kind of service. The determiners of the segment growth are the growing need for operational efficiency, cost reduction, and better overall management of fleet and resources. With fleet management, organizations can have better access to plan maintenance of vehicles, enhanced driver safety, proper routing of fleets that can all ultimately lead to effective operations of the fleet. Adding to that, vehicle connectivity and smart transportation are increasingly helping organizations to ensure safe operations of the fleets. Fleet management also helps in higher efficiency, consistent performances, and ultimately reduced costs. Currently, the market is mainly concentrated in North America and Europe.
Embedded System is expected to lead the market during the forecast period
The regulatory mandates in the EU drive the embedded telematics segment growth. EU has recently mandated that all new car models in member states must have integrated telematics as part of its European eCall system, connecting a vehicle to emergency services following a collision and providing location and impact information. Similar mandates are expected to be followed by other countries in the future. The embedded telematics segment growth in the long term is attributed to various disruptive factors such as government mandates, cost optimization of service plans, and an increase in cloud-based services. By 2025, the embedded form of connectivity is estimated to dominate the market with the largest market share.
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Asia Pacific region is expected to lead the OE market during the forecast period.
One of the critical drivers for the Asia Pacific market is the increased demand for fleet management and navigation services, particularly in China, Japan, India, and South Korea. The tech-savvy populations in these countries are now getting more inclined towards connected driving experience. The demand for telematics in the Asia Pacific is significantly driven by strong economic growth, ongoing advancement in the automotive sector, and rapid urbanization. As safety regulations have been made in Japan and South Korea, the demand for telematics in these countries is anticipated to increase in the coming years.
Owing to favorable government initiatives, telecom infrastructure has registered significant growth in APAC. For instance, the installation of telematics systems and satellite positioning in commercial vehicles has been made mandatory by the Chinese government. Moreover, increasing smartphone penetration is likely to create a strong base for telematics. In 2017, the Chinese Ministry of Industry and Information Technology (MIIT) and the Standardization Administration of China (SAC) issued a draft to establish national standards for China’s Intelligent & Connected Vehicles (ICV). Due to the growing population and vehicle demand, China is expected to introduce vehicle and road safety regulations. Baidu and Alibaba which are the biggest technology companies in China are pushing to develop platforms for telematics services. Moreover, the Japanese automotive companies are also inventing and implementing telematics services and solutions. In 2019, Airbiquity announced it had become a member of the Japan Automotive Software Platform and Architecture (JASPAR), an organization dedicated to advancing the standardization of in-vehicle software and networks to enhance development efficiency and reliability.
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Over the Air Updates Market for Automotive by Technology (SOTA and FOTA), Application (ECU, TCU, Infotainment, and Safety & Security), Vehicle Type (PC and CV), Electric Vehicle Type (BEV, HEV, and PHEV), and Region - Global Forecast to 2022
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for a deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
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Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/automotive-telematics-market.asp
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Automotive V2X Market 2020-2028| MarketsandMarkets
The report "Automotive V2X Market by Connectivity (DSRC, and Cellular), Communication (V2V, V2I, V2P, V2G, V2C, and V2D), Vehicle (Passenger Car, and Commercial Vehicle), Propulsion (ICE and EV), Unit, Offering, Technology, and Region - Global Forecast to 2028", Automotive V2X Market is projected to grow at a CAGR of 44.2% to reach USD 12,859 million by 2028 from an estimated USD 689 million in 2020.
The demand for safe and connected vehicles, increased EV sales, government regulations to curb emissions, and need to reduce traffic congestion are driving the overall automotive V2X market. OEMs, in collaboration with automotive V2X players, have installed V2X in their models, which is expected to drive the growth of the automotive V2X market.
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136 - Tables
50 - Figures
182 - Pages
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OBU is expected to hold the largest share of automotive V2X market, by unit
The increase in sales of vehicles equipped with V2X is the key factor driving the OBU segment, as every vehicle will be equipped with OBUs for V2X communication. Some of the top players in the automotive V2X market offering OBUs are Denso, Cohda Wireless, and Savari, among others. OBUs are the main units used for all communications such as V2V, V2I, and V2P.
ICE segment is estimated to be the fastest and largest automotive V2X market, by propulsion
The growth of the ICE segment is due to the fact that V2X directly helps in improving fuel economy, which further helps reduce pollution. The pollution caused by transportation is a major issue faced across the globe. The optimization of traffic by application of the V2X would enable the reduction of fuel consumption. The number of ICE vehicles equipped with V2X is high, and more vehicles are expected to be launched during the forecast period. This would also drive the ICE V2X market.
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North America is expected to be the fastest automotive V2X market, by region
The growth of the North American automotive V2X market can be attributed to the high sales of vehicles equipped with V2X, such as Cadillac CTS and Mercedes-Benz E-Class in the region. The presence of top V2X players such as Qualcomm Technologies, Harman International, and Savari would also contribute to the growth of the North American automotive V2X market.
The automotive V2X market is dominated by globally established players such as Robert Bosch GMBH (Germany), Continental AG (Germany), Qualcomm Technologies, Inc. (US), Autotalks Ltd. (Israel), and Delphi Technologies (UK).
In September 2018, Autotalks announced the launch of the V2X solution. The second-generation V2X chipset is the only available solution capable of supporting both DSRC and C-V2X direct communications (PC5 protocol) at the highest security level. In April 2019, Qualcomm Technologies partnered with Audi AG, Ericsson, SWARCO Traffic Systems GmbH, and the University of Kaiserslautern to demonstrate the world’s first cross-border C-V2X direct communication in San Diego, California.
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Semi-Autonomous and Autonomous Vehicles Market by Level of Automation (Level 1, Level 2&3 & Autonomous Vehicles), ADAS Features, Components (AI, Radar, LIDAR, Camera, and Ultrasonic Sensor), Fuel Type (ICE, EV), and Region - Global Forecast to 2022 & 2030
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/automotive-vehicle-to-everything-v2x-market.asp
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Connected Car Market – Industry Analysis & Global Forecasts to 2025
According to the new market research report "Connected Car Market by Service (Connected Services, Safety & Security, and Autonomous Driving), Form (Embedded, Tethered, and Integrated), Network (DSRC, and Cellular), End Market, Transponder, Hardware, and Region - Global Forecast to 2025", published by MarketsandMarkets™, The global connected car market is projected to grow at a CAGR of 14.8% from 2017 to 2025, to reach USD 219.21 billion by 2025.
The automotive industry is witnessing fast-paced technological evolution to develop autonomous vehicles in the future, and connected car is the stepping stone for self-driving smart cars. Over the decades, automobile manufacturers have focused on the performance, stability, safety, and general comfort of the vehicle, but now, with the rising trend of connectivity and digitalization, the automotive industry is moving toward software-and-services approach. Original equipment manufacturers (OEMs) and Tier I suppliers are constantly developing their product offerings. Companies such as Ford Motor Company (US), General Motors (US), and Volvo (Sweden) are developing modern technologies and installing connected devices in passenger cars.
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118 - Tables
61 - Figures
174 - Pages
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The globally connected car market is segmented on the basis of various services, including connected services, safety and security, and autonomous driving. The connected services are further categorized into various features, such as navigation, remote diagnostics, multimedia streaming, social media, and other mobile apps and OTA updates. The safety and security services include features, such as on-road assistance, eCall and SOS assistance, cybersecurity, remote operation, and collision warning. The autonomous driving services are further divided into auto parking and autopilot. The connected services segment is expected to be the largest market for connected cars during the forecast period, and the navigation feature is accounted to have the largest market in the segment.
Major players profiled in the report are:
Bosch (Germany)
Continental (Germany)
Denso (Japan)
Delphi (UK)
Harman (US)
ZF (Germany)
NXP (Netherlands)
Valeo (France)
Autoliv (Sweden)
Aisin Seiki (Japan)
Infineon (Germany)
Hella (Germany)
The connected car offers a wide range of services, such as navigation, cybersecurity, remote diagnostics, emergency calling, multimedia streaming, Over-the-Air (OTA) updates, remote operation, collision warning, auto parking, and autopilot. With technological advancements in connectivity solutions for the automotive industry, the fast exchange of data would become a reality in the near future. With the increase in demand for convenient features, and implementation of government mandates to increase the safety of drivers and passengers, many companies are adopting the inorganic growth strategy to develop connected technologies. For instance, in November 2017, Continental announced the successful acquisition of Israel-based cybersecurity company, namely, Argus Cyber Security, to strengthen its capabilities of connected car services with a more secure platform.
The global connected car is segmented into 2 end markets — OEM and aftermarket. As of 2017, the OEM segment is estimated to have the largest share of the connected car market and is anticipated to dominate the market during the forecast period. The OEM market is projected to grow at a significant rate due to government mandates for connected cars regarding safety features, such as eCall and vehicle tracking system.
The connected car market, by form, is segmented into embedded, tethered, and integrated. The embedded segment is expected to account for the largest share of the connected car market and is anticipated to remain the largest market during the forecast period. In terms of growth, the embedded segment is expected to be the fastest-growing market for connected cars. Increasing application of connected services and government mandates are expected to drive the embedded segment.
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About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]
#ConnectedCarMarket#ConnectedCarMarketSize#ConnectedCarMarketShare#ConnectedCarMarketGrowth#ConnectedCarMarketAnalysis#ConnectedCarMarketForecast#ConnectedCarMarketReport#ConnectedCarMarketInsights#ConnectedCarMarketOutlook
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