Automotive Industry Today

Global Automotive Embedded System Market is Expected to Reach $40.43 billion by 2023

Market Research Report on Global Automotive Embedded System Market
Published 07 February 2018
Report Sellers has added a new market research report “Automotive Embedded System - Global Market Outlook (2017-23)” to its offerings.

According to Report, the Global Automotive Embedded System Market is expected to grow from $23.71 billion in 2016 to reach $40.43 billion by 2023 with a CAGR of 7.9%. Some of the factors driving the growth of the automotive embedded systems are consumers increasing demand towards electric vehicles, growing need for advanced safety, luxuries and comfortable systems. However, limited lifespan of these electronics systems and huge power required for the utilization of these vehicles are hindering the market.

Sensors have acquired the largest market share due to the increasing adoption of these sensors in the electric vehicles and thus the demand is growing for sensors in automotive embedded systems. Based on the application, safety and security segment is leading the market with the highest CAGR and the growth is attributed towards the growing number of safety measures which include anti-lock brake systems (ABS) and airbags in the vehicles.

Asia Pacific is dominating the global automotive embedded system and the factors favouring the growth of this region are growing vehicle production in developing countries such as China and Japan. Continental AG is one of the top most countries which manufacture automotive parts, tires.

Some of the key players in global Automotive Embedded System market include Delphi Automotive, Johnson Electric, Robert Bosch, Harman International, Toshiba, NXP Semiconductors, Infineon Technologies, Denso, Continental AG, Texas Instruments, Panasonic and Mitsubishi Electric.

Browse through the complete description and in-depth TOC on “Global Automotive Embedded System Market”

What does the Report Offers
  • Market share assessments for the regional and country level segments
  • Market share analysis of the top industry players 
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
Report Scope

Global Automotive Embedded System Market has been segmented by vehicle types covered, types covered, electric vehicles covered, components covered, applications covered and regions covered

Vehicle Types Covered:
Commercial Vehicles
Passenger Cars 

Types Covered:
Embedded Software
Embedded Hardware

Electric Vehicles Covered: 
Hybrid Electric Vehicle (HEV) 
Plug-In Hybrid Electric Vehicle (PHEV)
Battery Electric Vehicle (BEV)

Components Covered:
Image Sensors
Lidar Sensors
Temperature Sensors
Radar Sensors
Pressure Sensors
Memory Devices
Microcontrollers (MCU)

Applications Covered: 
Body Electronics 
Powertrain & Chassis Control
Electric Power Steering
Active Suspension
Automatic Transmission
Safety & Security 
Advanced Driver Assistance Systems (ADAS)
Electronic Brake System
Infotainment & Telematics 

Regions Covered:
North America
Rest of Europe 
Asia Pacific
New Zealand 
South Korea
Rest of Asia Pacific 
South America
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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