Skip to main content

Automotive Embedded Systems Market by Opportunities, Challenges, Risks and Influences Factors Analysis 2018-2026

Embedded systems are integrated in various diverse functionalities such as ignition, security, and audio systems. Adoption of advanced embedded systems used in automotive industry has increased significantly over past two decades. Among product types, embedded system software segment is expected to increase at a significant CAGR over the forecast period. This is due to deployment of these systems in emerging telematics products and in-vehicle infotainment for automotive. Tire pressure monitoring systems, airbags, anti-lock braking system, satellite radio, telematics, and emission control among others are some of the prominent applications that require the incorporation of an embedded system for their operations. For instance, embedded airbag system is a battery-operated system that works on commands generated from the microcontroller in an event of collision, to trigger the airbag system by operating an alternator.


Among vehicle type, electric vehicles segment is expected to exhibit high growth rate over the forecast period. This is attributed to increasing dearth of conventional fuels, in conjunction with factors such as regulations concerning exhaust gas emissions and growing trend of vehicle electrification. For instance the European Union has set its own emissions standards. EU Regulation No 443/2009 sets an average CO2 emissions target for new passenger cars of 130 grams/kilometer. A target of 95 grams/kilometer will apply from 2021.Increasing demand for advanced safety, comfort, and convenience systems is expected to fuel growth of the market

Stringent regulations regarding antilock braking systems (ABS), electronic brake-force distribution (EBD), tire pressure management systems (TPMS), and airbags across the globe to enhance user safety has fuelled deployment of these safety systems in the automotive industry. For instance, in 2008, the U.S. Congress TREAD Act, mandated the deployment of appropriate tire pressure monitoring system (TPMS) technology in all passenger vehicles to improve the driver and passenger safety by means of a dashboard warning system.

According to the TREAD Act, as of November 1, 2012 the European Union mandated TPMS in every passenger car models. The US Highway Safety Act of 1991 made airbags and ABS features mandatory in all passenger cars. Embedded technology in these systems is required for efficient operation and this is expected to fuel growth of the automotive embedded systems market.


Emergence of autonomous vehicles is another factor supporting growth of the market
Advent of autonomous vehicle is an opportunity for key players in the global automotive embedded systems market. According to IHS Markit — an automotive database provider — the global autonomous vehicles sales is expected to cross over 600,000 units in 2025 increasing at a CAGR of 43% between 2025 and 2035. Key players in the industry segment include Ford, Mercedes, and Tesla that are involved in the development and manufacturing of autonomous vehicles. According to Markit, autonomous vehicle sale in China is expected to reach around 5.7 million by 2035 and in the U.S. about 4.5 million vehicles.

Automotive Embedded System Market, Regional Analysis
The recent past witnessed key companies in the automotive industry shifting focus towards emerging markets in Asia Pacific. Asia –pacific is the largest growing market in global automotive embedded systems market. China and India are expected to be major growth markets in Asia Pacific. According to The Organisation Internationale des Constructeurs d'Automobiles (OICA), in 2016, total vehicle sales in China was 28,028,175 units, which is 14.5% of the global sales, and this in turn is driving growth of the embedded systems market.

Major players operating in the global automotive embedded systems market are Robert Bosch GmbH, Panasonic Corporation, Toshiba, Continental AG, Denso Corporation, Mitsubishi Electric Corporation, Delphi Automotive LLP, Texas Instruments Incorporated, Infineon Technologies AG, Harman International, NXP Semiconductors N.V., and Johnson Electric.
Labels:

Comments

Post a Comment

Popular posts from this blog

Top Technologies Shaping Future of Cybersecurity!!

The threat of Cyber attacks are growing day by day across the world hence led big concern on  Cybersecurity. Cyber security includes- Application security, Information security, Network security, Disaster recovery/business continuity planning, Operational security and End-user education Types of cybersecurity threats: Ransomware  Malware  Social engineering Phishing  Artificial Intilligence and Blockchain are the Technologies that will help the cybersecurity to boost. AI-based attacks that will operate completely independently, adapt, make decisions on their own and more.  Blockchains are moving from the realm of just fueling cryptocurrencies like Bitcoin to providing smart contracts, identity management, and multiple ways of proving integrity of data. They may also hold the key to defending against IoT attacks.
Post a Comment
Read more

Nanotech Sensor! Latest Update You Need To Know

Nanotech Sensor Scientists have developed a nanotech sensor that can turns molecular fingerprints into bar codes, according to a study published on June 7, 2018.  This study was conducted by the scientists at the EPFL’s School of Engineering and at Australian National University (ANU). Until now, infrared spectroscopy was the commonly used method to detect and analyze organic compounds. However, it required complicated procedures and large, expensive instruments, which made device miniaturization challenging. This led to the discovery of a compact and sensitive nanophotonic system that can identify a molecule’s absorption characteristics without using conventional spectrometry. Source :  https://www.coherentnews.com/scientists-develop-nanotech-sensor-that-turns-molecular-fingerprints-into-bar-codes/
Post a Comment
Read more

Data Center Virtualization Market by 2026 Capacity, Production, Revenue & Regional Analysis

Data center virtualization is a process of designing, developing or deploying a data center on cloud computing or virtualization technology. Cost saving is one of the major factors for growth of the data center virtualization market. This is owing to the fact that data center virtualization helps to reduce hardware installation, and reduces electricity cost by providing hosted platform. Therefore, it aids small and medium sizes companies to reduce their expenses on IT department. Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1245 Advantages of disaster recovery provided by data center virtualization plays a key role for growth of market in various vertical such as banking, healthcare, education, and retail. Disaster recovery-as-a-service protects company information and data from disasters by generating multiple backups. Increasing demand for data either structured or unstructured, for analyses of the market trend, customer de...
Post a Comment
Read more