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Dublin, June 08, 2023 (GLOBE NEWSWIRE) — The “Automotive Embedded System – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Automotive Embedded System estimated at US$6.6 Billion in the year 2022, is projected to reach a revised size of US$10.8 Billion by 2030, growing at a CAGR of 6.2% over the analysis period 2022-2030.
Sensors, one of the segments analyzed in the report, is projected to record a 6.7% CAGR and reach US$5.2 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Microcontrollers segment is readjusted to a revised 5.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 5.8% CAGR
The Automotive Embedded System market in the U.S. is estimated at US$1.9 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 5.8% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.6% and 5.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.
Select Competitors (Total 42 Featured) –
- Continental AG
- Denso Corporation
- Harman International Industries, Inc.
- Johnson Electric Holdings Ltd.
- Mitsubishi Electric Corporation
- NXP Semiconductors NV
- Panasonic Corporation
- Robert Bosch GmbH
- Texas Instruments, Inc.
- Toshiba Corporation
- Aptiv PLC
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 244 |
| Forecast Period | 2022 – 2030 |
| Estimated Market Value (USD) in 2022 | $6.6 Billion |
| Forecasted Market Value (USD) by 2030 | $10.8 Billion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Automotive Embedded System: An Overview
- Safety & Security Application Segment Leads the Market
- North America: A Dominant Market
- Embedded System: An Insight
- Emerging Trends in Automotive Sector: A Snapshot
- Impact of Covid-19 and a Looming Global Recession
- Automotive Embedded System – Global Key Competitors Percentage Market Share in 2022 (E)
- Global Automotive Embedded Systems Market: Percentage Breakdown of Volume Sales by Leading Players
- Global Embedded Microcontroller Unit Market: Percentage Breakdown of Volume Sales by Leading Players
- Global Embedded Displays Market: Percentage Breakdown of Volume Sales by Leading Players
- Global Embedded Multimedia Card Market: Percentage Breakdown of Volume Sales by Leading Players
- US Embedded Systems Kits Market: Percentage Breakdown of Volume Sales by Leading Players
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Escalating Demand for Electric Vehicles Augurs Well for the Market
- Demand for Convenience and Sophisticated Safety Systems Drives the Market
- High Installation and Maintenance Cost Hampers the Market Growth
- Market Gains Traction from Ongoing Technological Advancements in Auto industry
- Smart and Power Efficient Automotive Devices Bodes Well for the Market
- Market Receives Major Boost with Rise in Sales of Luxury Vehicles
- Government Initiatives related to Emissions and Fuel Efficiency Sparks Demand for Electric Vehicles
- Emergence of Autonomous Vehicles Offer Bright Prospect
- Short Life of Electronics System Restricts the Market Expansion
- High Consumption of Power: A Drawback
- Rise in Cyber Attacks: A Major Challenge
- PRODUCT OVERVIEW
- Embedded System: A Definition
- Architecture of an Embedded System
- Applications of Embedded System
- Automotive Embedded System: An Introduction
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/4f57ka
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