HOME News Update Electronic Specifier Explains how MnM foresees Growth in Automotive Embedded System Market



Electronic Specifier Explains how MnM foresees Growth in Automotive Embedded System Market


MnM’s article on automotive embedded system market recently featured in Electronic Specifier, explaining future growth opportunities for the global market.

Automotive industry has witnessed umpteen innovations and developments over the past two decades. With the autonomous vehicles coming into the market, the demand for advanced embedded systems has skyrocketed, especially with the growing need of integrating the mechanical and electronics systems in a vehicle. Automotive embedded systems are widely used in infotainment and telematics, body electronics, safety and security, and powertrain and chassis control. Moreover, the increasing need to reduce carbon footprints and growing trend of vehicle electrification is leading the global market for automotive embedded systems to witness good growth ahead, with the market size predicted to reach $38.47 Billion by 2022, registering a CAGR of 6.87% from 2017-2022.

For More Details:

http://automotive.electronicspecifier.com/around-the-industry/investigating-the-automotive-embedded-systems-market

Report mentioned in the above news is,

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

Press Release:

http://www.marketsandmarkets.com/PressReleases/automotive-embedded-system.asp

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