DUBLIN—The "Automotive Embedded System Market by Vehicle, Electric Vehicle, Type, Component (Sensors, MCU, Transceivers, and Memory Devices), Application (Infotainment & Telematics, Body Electronics, and Safety & Security) and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
"Growing demand for vehicle electrification and electric vehicles is set to drive the automotive embedded system market"
The global automotive embedded system market is estimated to be USD 5.15 billion in 2017 and is projected to reach USD 7.41 billion by 2022, at a CAGR of 7.56%
Government regulations regarding emissions and increased fuel efficiency have led to the increased demand for electric vehicles. The efficient electrical system facilitates optimum distribution of power to various parts of a vehicle and increases the overall efficiency of the vehicle, resulting in decreased emissions, increased safety, and accuracy.
These benefits will help to drive the demand for vehicle electrification and consequently the automotive embedded system market. However, the processing of an electronic system requires high level of software algorithms, which results in high battery consumption and increased usage of processor space. The embedded electronic systems consists of sensors for data processing and power supply for operating the functions. These factors can act as restraints for the growth of this market.
The Asia-Pacific region is estimated to dominate the automotive embedded system market and is projected to grow at the highest CAGR during the forecast period. The market growth in this region can be attributed to the improving socio-economic conditions in emerging economies such as China and India. Increasing demand for electric vehicles has also driven the automotive embedded system market in the region.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Automotive Embedded System Market, By Type
8 Automotive Embedded System Market, By Component
9 Automotive Embedded System Market, By Vehicle Type
10 Automotive Embedded System Market, By Electric Vehicle
11 Automotive Embedded System Market, By Application
12 Automotive Embedded System Market, By Region
13 Competitive Landscape
14 Company Profiles
- Continental AG
- Delphi Automotive
- Denso
- Harman International
- Infineon Technologies
- Johnson Electric
- Mitsubishi Electric
- NXP Semiconductors
- Panasonic
- Robert Bosch
- Texas Instruments
- Toshiba
For more information about this report visit https://www.researchandmarkets.com/research/4986lp/automotive
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Related Topics: Computing, Automotive Parts, Electric and Hybrid Vehicles