HOME Top Market Reports Embedded Systems in Automobiles 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

Embedded Systems in Automobiles 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

By: marketsandmarkets.com
Publishing Date: August 2017
Report Code: AT 5464

 

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The embedded systems in automobiles market, in terms of value, is projected to grow at a CAGR of 7.56% from 2017 to 2022. The market was valued at USD 4.91 Billion in 2016. In this study, 2016 has been considered the base year and 2017 to 2022 the forecast period, for estimating the size of the embedded systems in automobiles market. The report analyzes and forecasts the market size, in terms of volume (thousand units) and value (USD million), for the embedded systems in automobiles market. The report segments the embedded systems in automobiles market and forecasts its size, by volume and value, on the basis of region, component type, application type, electric vehicle type and vehicle type, and, in qualitative term, by industry trends. The report also provides a detailed analysis of various forces acting in the market (drivers, restraints, opportunities, and challenges). It strategically profiles the key players and comprehensively analyzes their market shares and core competencies. It also tracks and analyzes competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants.

The research methodology used in the report involves various secondary sources such as China Association of Automobile Manufacturers (CAAM), European Automobile Manufacturers Association (EAMA), Environmental Protection Agency (EPA), Society of Indian Automobile Manufacturers (SIAM), Japan Automobile Manufacturers Association (JAMA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA). Experts from related industries and suppliers have been interviewed to understand the future trends in the embedded systems in automobiles market. The bottom-up approach has been used to estimate and validate the size of the global market. The market size, by volume, is derived by identifying the region-wise production volumes and analyzing the demand trends. The market size, by value, is derived by multiplying the average selling price of embedded systems in automobiles by the number of embedded systems installed in the automobiles of that region.

The figure given below illustrates the break-up of the profile of industry experts who participated in primary discussions.

Automotive Embedded System Market

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The ecosystem of the embedded systems in automobiles market consists of manufacturers such as Robert Bosch GmbH (Germany), Continental AG (Germany), Panasonic Corporation (Japan), Texas Instruments (U.S.), Mitsubishi Electric Corporation (Japan), and Denso Corporation (Japan), and research institutes such as the Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (EAMA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA).

Target Audience

  • Distributors and suppliers of automotive embedded systems
  • Manufacturers of automotive embedded systems
  • Semiconductor manufacturers
  • Embedded software developers
  • Vehicle manufacturers
  • Electric vehicle manufacturers
  • Raw material suppliers
  • Industry associations and experts
  • Tier 1, Tier 2, and Tier 3 suppliers
  • Automobile organizations/associations

Scope of the Report

  • By Type
    • Embedded Hardware
    • Embedded Software
  • By Vehicle Type
    • Passenger cars
    • Commercial vehicles
  • By Application Type
    • Infotainment & Telematics
    • Body Electronics
    • Safety & Security
    • Powertrain & Chassis Control
  • By Electric Vehicle type
    • Battery Electric Vehicle (BEV)
    • Plug-In Hybrid Electric Vehicle (PHEV)
    • Hybrid Electric Vehicle (HEV)
  • By Components
    • Sensors
    • Microcontrollers (MCU)
    • Transceivers
    • Memory Devices
  • By Region
    • Asia-Pacific
    • Europe
    • North America
    • Rest of the World

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

  1. Detailed analysis and profiling of additional countries(up to 3)
  2. Detailed analysis and profiling of additional market players (up to 3)
  3. Detailed analysis of component types by country wise.

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency Exchange Rates
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
           2.2.2 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Primary Participants
    2.4 Factor Analysis
           2.4.1 Introduction
           2.4.2 Demand-Side Analysis
                    2.4.2.1 Growing Demand for Battery Electric Vehicles
                    2.4.2.2 Growth in Luxury Vehicle Sales
           2.4.3 Supply-Side Analysis
                    2.4.3.1 Technological Advancements in the Automotive Industry
                    2.4.3.2 Stringent Emission and Fuel Economy Standards
    2.5 Market Size Estimation
    2.6 Data Triangulation
    2.7 Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Opportunities in the Embedded Systems in Automobiles Market
    4.2 Embedded Systems in Automobiles Market, By Region, 2017 & 2022
    4.3 Embedded Systems in Automobiles Market, By Application, 2017 & 2022
    4.4 Embedded Systems in Automobiles Market, By Component Market, 2017 & 2022
    4.5 Embedded Systems in Automobiles Market, By Vehicle Type, 2017 & 2022
    4.6 Embedded Systems in Automobiles Market, By Type, 2017 & 2022
    4.7 Embedded Systems in Automobiles Market, By Electric Vehicle Type, 2017 & 2022

5 Market Overview (Page No. - 39)
    5.1 Introduction
    5.2 Market Segmentation
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Growing Demand for Electric Vehicles
                    5.3.1.2 Increasing Demand for Advanced Safety, Comfort, and Convenience Systems
                    5.3.1.3 Rising Trend of Vehicle Electrification
           5.3.2 Restraints
                    5.3.2.1 High Power Consumption
                    5.3.2.2 Short Life Span of Electronics Systems
           5.3.3 Opportunities
                    5.3.3.1 Advent of Autonomous Vehicles
                    5.3.3.2 Increasing Awareness About Vehicle Security
           5.3.4 Challenges
                    5.3.4.1 Trade-Off Between Cost and Quality
                    5.3.4.2 Risk of Cyberattacks

6 Industry Trends (Page No. - 48)
    6.1 Introduction
    6.2 Role of Regulatory Authorities in Future Embedded Systems
    6.3 Role of Cybersecurity
    6.4 Cloud Computing for Embedded Systems in Automobiles
    6.5 Embedded MRAM

7 Embedded Systems in Automobiles Market, By Type (Page No. - 51)
    7.1 Introduction
    7.2 Embedded Hardware
    7.3 Embedded Software

8 Embedded Systems in Automobiles Market, By Component (Page No. - 55)
    8.1 Introduction
    8.2 Sensors
           8.2.1 Temperature Sensors
           8.2.2 Pressure Sensors
           8.2.3 Image Sensors
           8.2.4 Radar Sensors
           8.2.5 Lidar Sensors
    8.3 Microcontrollers (MCU)
    8.4 Transceivers
    8.5 Memory Devices

9 Embedded Systems in Automobiles Market, By Vehicle Type (Page No. - 64)
    9.1 Introduction
    9.2 Passenger Cars
    9.3 Commercial Vehicles

10 Embedded Systems in Automobiles Market, By Electric Vehicle (Page No. - 69)
     10.1 Introduction
     10.2 Battery Electric Vehicle (BEV)
     10.3 Hybrid Electric Vehicle (HEV)
     10.4 Plug-In Hybrid Electric Vehicle (PHEV)

11 Embedded Systems in Automobiles Market, By Application (Page No. - 75)
     11.1 Introduction
     11.2 Infotainment & Telematics
     11.3 Body Electronics
     11.4 Powertrain & Chassis Control
             11.4.1 Automatic Transmission
             11.4.2 Electric Power Steering
             11.4.3 Active Suspension
     11.5 Safety & Security
             11.5.1 ADAS
             11.5.2 Electronic Brake System
                        11.5.2.1 Antilock Brake System (ABS)
                        11.5.2.2 Electronic Stability Control (ESC)
                        11.5.2.3 Traction Control System (TCS)
             11.5.3 Airbags

12 Embedded Systems in Automobiles Market, By Region (Page No. - 86)
     12.1 Introduction
     12.2 Asia-Pacific
             12.2.1 China
             12.2.2 India
             12.2.3 Japan
             12.2.4 South Korea
     12.3 Europe
             12.3.1 France
             12.3.2 Germany
             12.3.3 Italy
             12.3.4 Spain
             12.3.5 U.K.
     12.4 North America
             12.4.1 Canada
             12.4.2 Mexico
             12.4.3 U.S.
     12.5 Rest of the World (RoW)
             12.5.1 Brazil
             12.5.2 Russia

13 Competitive Landscape (Page No. - 112)
     13.1 Introduction
     13.2 Competitive Leadership Mapping
             13.2.1 Visionary Leaders
             13.2.2 Innovators
             13.2.3 Dynamic Differentiators
             13.2.4 Emerging Companies
     13.3 Competitive Benchmarking
             13.3.1 Strength of Product Portfolio (For 25 Players)
             13.3.2 Business Strategy Excellence (For 25 Players)
     13.4 Market Ranking Analysis: Embedded Systems in Automobiles Market

Top Companies Analyzed for This Study are — Verizon, Robert Bosch, Panasonic, Toshiba, Intel, Continental AG, Denso, Mitsubishi Electric, Magna International, Valeo, Delphi Automotive, Texas Instruments, Hella KGaA Hueck & Co., Infineon Technologies, Harman International, NXP Semiconductors, Nvidia, Renesas Electronics, on Semiconductor, Analog Devices, Inc., Visteon, Rohm Semiconductor, Johnson Electric, Microchip Technology Inc., Sierra Wireless

14 Company Profiles (Page No. - 117)
(Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments)
     14.1 Robert Bosch
     14.2 Panasonic
     14.3 Toshiba
     14.4 Continental AG
     14.5 Denso
     14.6 Mitsubishi Electric
     14.7 Delphi Automotive
     14.8 Texas Instruments
     14.9 Infineon Technologies
     14.10 Harman International
     14.11 NXP Semiconductors
     14.12 Johnson Electric

*Details on Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 154)
     15.1 Key Insights of Industry Experts
     15.2 Discussion Guide
     15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.4 Available Customizations
             15.4.1 Detailed Analysis and Profiling of Additional Regions (Up to 3)
             15.4.2 Company Information
             15.4.3 Profiling of Additional Market Players (Up to 3)
     15.5 Related Reports
     15.6 Author Details


List of Tables (81 Tables)

Table 1 Embedded Systems in Automobiles Market Size, By Type, 2015–2022 (USD Billion)
Table 2 Asia-Pacific Embedded Systems in Automobiles Market Size, By Type, 2015–2022 (USD Billion)
Table 3 Europe Embedded Systems in Automobiles Market Size, By Type, 2015–2022 (USD Billion)
Table 4 North America Embedded Systems in Automobiles Market Size, By Type, 2015–2022 (USD Billion)
Table 5 RoW Embedded Systems in Automobiles Market Size, By Type, 2015–2022 (USD Billion)
Table 6 Embedded Systems in Automobiles Market Size, By Component, 2015–2022 (Million Units)
Table 7 Embedded Systems in Automobiles Market Size, By Component, 2015–2022 (USD Billion)
Table 8 Embedded Systems in Automobiles Sensors Market Size, By Application, 2015–2022 (Million Units)
Table 9 Embedded Systems in Automobiles Sensors Market Size, By Application, 2015–2022 (USD Billion)
Table 10 Embedded Systems in Automobiles MCU Market Size, By Application, 2015–2022 (Million Units)
Table 11 Embedded Systems in Automobiles MCU Market Size, By Application, 2015–2022 (USD Billion)
Table 12 Embedded Systems in Automobiles Transceivers Market Size, By Application, 2015–2022 (Million Units)
Table 13 Embedded Systems in Automobiles Transceivers Market Size, By Application, 2015–2022 (USD Billion)
Table 14 Embedded Systems in Automobiles Memory Devices Market Size, By Application, 2015–2022 (Million Units)
Table 15 Embedded Systems in Automobiles Memory Devices Market Size, By Application, 2015–2022 (USD Billion)
Table 16 Embedded Systems in Automobiles Market, By Vehicle Type, 2015–2022 (Million Units)
Table 17 Embedded Systems in Automobiles Market, By Vehicle Type, 2015–2022 (USD Billion)
Table 18 Passenger Cars Embedded Systems in Automobiles Market, By Region, 2015–2022 (Million Units)
Table 19 Passenger Cars Embedded Systems in Automobiles Market, By Region, 2015–2022 (USD Billion)
Table 20 Commercial Vehicles Embedded Systems in Automobiles Market, By Region, 2015–2022 (Million Units)
Table 21 Commercial Vehicles Embedded Systems in Automobiles Market, By Region, 2015–2022 (USD Billion)
Table 22 Electric Vehicle Embedded Systems in Automobiles Market Size, By Type, 2015–2022 (Million Units)
Table 23 Electric Vehicle Embedded Systems in Automobiles Market Size, By Type, 2015–2022 (USD Million)
Table 24 BEV Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (Million Units)
Table 25 BEV Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (USD Million)
Table 26 HEV Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (Million Units)
Table 27 HEV Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (USD Million)
Table 28 PHEV Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (Million Units)
Table 29 PHEV Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (USD Million)
Table 30 Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (Million Units)
Table 31 Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (USD Billion)
Table 32 Infotainment & Telematics Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (Million Units)
Table 33 Infotainment & Telematics Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (USD Billion)
Table 34 Body Electronics Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (Million Units)
Table 35 Body Electronics Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (USD Billion)
Table 36 Powertrain & Chassis Control Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (Million Units)
Table 37 Powertrain & Chassis Control Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (USD Billion)
Table 38 Safety & Security Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (Million Units)
Table 39 Safety & Security Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (USD Billion)
Table 40 ADAS Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (Million Units)
Table 41 ADAS Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (USD Billion)
Table 42 Electronic Brake System Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (Million Units)
Table 43 Electronic Brake System Embedded Systems in Automobiles Market Size, By Application, 2015–2022 (USD Billion)
Table 44 Embedded Systems in Automobiles Market Size, By Region, 2015–2022 (Million Units)
Table 45 Embedded Systems in Automobiles Market Size, By Region, 2015–2022 (USD Billion)
Table 46 Asia-Pacific: Embedded Systems in Automobiles Market Size, By Country, 2015–2022 (Million Units)
Table 47 Asia-Pacific: Embedded Systems in Automobiles Market Size, By Country, 2015–2022 (USD Billion)
Table 48 China: Embedded Systems in Automobiles Market, By Application, 2015–2022 (Million Units)
Table 49 China: Embedded Systems in Automobiles Market, By Application, 2015–2022 (USD Billion)
Table 50 India: Embedded Systems in Automobiles Market, By Application, 2015–2022 (Million Units)
Table 51 India: Embedded Systems in Automobiles Market, By Application, 2015–2022 (USD Billion)
Table 52 Japan: Embedded Systems in Automobiles Market, By Application, 2015–2022 (Million Units)
Table 53 Japan: Embedded Systems in Automobiles Market, By Application, 2015–2022 (USD Billion)
Table 54 South Korea: Embedded Systems in Automobiles Market, By Application, 2015–2022 (Million Units)
Table 55 South Korea: Embedded Systems in Automobiles Market, By Application, 2015–2022 (USD Billion)
Table 56 Europe: Embedded Systems in Automobiles Market, By Country, 2015–2022 (Million Units)
Table 57 Europe: Embedded Systems in Automobiles Market, By Country, 2015–2022 (USD Billion)
Table 58 France: Embedded Systems in Automobiles Market, By Application, 2015–2022 (Million Units)
Table 59 France: Embedded Systems in Automobiles Market, By Application, 2015–2022 (USD Billion)
Table 60 Germany: Embedded Systems in Automobiles Market, By Application, 2015–2022 (Million Units)
Table 61 Germany: Embedded Systems in Automobiles Market, By Application, 2015–2022 (USD Billion)
Table 62 Italy: Embedded Systems in Automobiles Market, By Application, 2015–2022 (Million Units)
Table 63 Italy: Embedded Systems in Automobiles Market, By Application, 2015–2022 (USD Billion)
Table 64 Spain: Embedded Systems in Automobiles Market, By Application, 2015–2022 (Million Units)
Table 65 Spain: Embedded Systems in Automobiles Market, By Application, 2015–2022 (USD Billion)
Table 66 U.K.: Embedded Systems in Automobiles Market, By Application, 2015–2022 (Million Units)
Table 67 U.K.: Embedded Systems in Automobiles Market, By Application, 2015–2022 (USD Billion)
Table 68 North America: Embedded Systems in Automobiles Market, By Country, 2015–2022 (Million Units)
Table 69 North America: Embedded Systems in Automobiles Market, By Country, 2015–2022 (USD Billion)
Table 70 Canada: Embedded Systems in Automobiles Market, By Application, 2015–2022 (Million Units)
Table 71 Canada: Embedded Systems in Automobiles Market, By Application, 2015–2022 (USD Billion)
Table 72 Mexico: Embedded Systems in Automobiles Market, By Application, 2015–2022 (Million Units)
Table 73 Mexico: Embedded Systems in Automobiles Market, By Application, 2015–2022 (USD Million)
Table 74 U.S.: Embedded Systems in Automobiles Market, By Application, 2015–2022 (Million Units)
Table 75 U.S.: Embedded Systems in Automobiles Market, By Application, 2015–2022 (USD Billion)
Table 76 RoW: Embedded Systems in Automobiles Market, By Country, 2015–2022 (Million Units)
Table 77 RoW: Embedded Systems in Automobiles Market, By Country, 2015–2022 (USD Billion)
Table 78 Brazil: Embedded Systems in Automobiles Market, By Application, 2015–2022 (Million Units)
Table 79 Brazil: Embedded Systems in Automobiles Market, By Application, 2015–2022 (USD Billion)
Table 80 Russia: Embedded Systems in Automobiles Market, By Application, 2015–2022 (Million Units)
Table 81 Russia: Embedded Systems in Automobiles Market, By Application, 2015–2022 (USD Billion)


List of Figures (52 Figures)

Figure 1 Embedded Systems in Automobiles Market Segmentation
Figure 2 Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 BEV Sales Data (2016 vs 2017)
Figure 6 Luxury Vehicle Sales Data (2015 vs 2016)
Figure 7 Market Size Estimation Methodology: Bottom–Up Approach
Figure 8 Key Countries in the Embedded Systems in Automobiles Market: China is Expected to Be the Fastest-Growing Market During the Forecast Period
Figure 9 Embedded Systems in Automobiles Market (2017 & 2022), By Component: Sensors is Estimated to Be the Largest Segment in Terms of Value
Figure 10 Embedded Systems in Automobiles Market (2017 & 2022), By Region: Asia-Pacific is Projected to Witness the Highest Growth
Figure 11 Embedded Systems in Automobiles Market (2017 & 2022), By Application: Safety & Security Segment to Lead the Market in Terms of Value
Figure 12 Embedded Systems in Automobiles Market (2017 & 2022), By Vehicle Type: Passenger Cars Segment to Lead the Market in Terms of Value
Figure 13 Embedded Systems in Automobiles Market (2017 & 2022), By Type: Embedded Hardware to Lead the Market in Terms of Value
Figure 14 Embedded Systems in Automobiles Market (2017 & 2022), By Electric Vehicle Segment: Hybrid Electric Vehicle Segment to Lead the Market in Terms of Value
Figure 15 Growing Opportunities in Global Embedded Systems in Automobiles Market, 2017–2022
Figure 16 Asia-Pacific is Estimated to Witness the Highest Growth in Terms of Value
Figure 17 Safety & Security Segment Expected to Be the Largest Segment of the Market in Terms of Value, 2017 & 2022
Figure 18 Sensors is Estimated to Be the Largest Segment in By Component Segment in Terms of Value, 2017 & 2022
Figure 19 Passenger Cars to Be the Largest Segment of the Market in Terms of Value, 2017 & 2022
Figure 20 Embedded Hardware Expected to Be the Largest Segment of the Market in Terms of Value, 2017 & 2022
Figure 21 Hybrid Electric Vehicle Projected to Be the Largest Segment of the Market in Terms of Value, 2017 & 2022
Figure 22 Embedded Systems in Automobiles Market, Market Segmentation
Figure 23 Embedded Systems in Automobiles Market, By Type
Figure 24 Embedded Systems in Automobiles Market, By Component
Figure 25 Embedded Systems in Automobiles, By Vehicle Type
Figure 26 Embedded Systems in Automobiles Market, By Electric Vehicle
Figure 27 Embedded Systems in Automobiles Market, By Application
Figure 28 Embedded Systems in Automobiles Market, By Region
Figure 29 Embedded Systems in Automobiles Market Dynamics
Figure 30 Embedded Systems in Automobiles Market, By Type, 2017 vs 2022 (USD Billion)
Figure 31 Embedded Systems in Automobiles Market, By Component, 2017 vs 2022 (USD Billion)
Figure 32 Embedded Systems in Automobiles Market, By Vehicle Type, 2017 vs 2022 (USD Billion)
Figure 33 Embedded Systems in Automobiles Market, By Electric Vehicle, 2017 vs 2022 (USD Million)
Figure 34 Embedded Systems in Automobiles Market, By Application, 2017 vs 2022 (USD Billion)
Figure 35 Embedded Systems in Automobiles: Regional Growth Rate, (2017–2022)
Figure 36 Asia Pacific: Automotive Embedded Market Snapshot.
Figure 37 Germany is Estimated to Be the Largest Market for Embedded Systems in Automobiles in Europe, 2017 vs 2022
Figure 38 North America: Market Snapshot
Figure 39 Competitive Leadership Mapping: Embedded Systems in Automobiles Market
Figure 40 Embedded Systems in Automobiles Market Ranking: 2016
Figure 41 Robert Bosch: Company Snapshot
Figure 42 Panasonic: Company Snapshot
Figure 43 Toshiba: Company Snapshot
Figure 44 Continental AG: Company Snapshot
Figure 45 Denso: Company Snapshot
Figure 46 Mitsubishi Electric: Company Snapshot
Figure 47 Delphi Automotive: Company Snapshot
Figure 48 Texas Instruments: Company Snapshot
Figure 49 Infineon Technologies: Company Snapshot
Figure 50 Harman International: Company Snapshot
Figure 51 NXP Semiconductors: Company Snapshot
Figure 52 Johnson Electric: Company Snapshot

The embedded systems in automobiles market, in terms of value, is projected to grow at a CAGR of 7.56% from 2017 to 2022. The market is estimated to be USD 5.15 Billion in 2017 and is projected to reach USD 7.41 Billion by 2022. The growth of the embedded systems in automobiles market is fueled by the growing trend of vehicle electrification and a rise in the number of electric vehicles across the globe.

The embedded systems in automobiles market has been segmented by type, component type, application type, vehicle type, electric vehicle type, and region. The market has been segmented, by component type, into sensor, microcontroller (MCU), memory device, and transceiver. The sensor is estimated to be the fastest growing segment of the embedded systems in automobiles market, by component type. The growing demand for electric vehicles is expected to drive the automotive embedded system sensors market.

The embedded systems in automobiles market has been segmented, by application, into infotainment & telematics, body electronics, safety & security, and powertrain and chassis control. The safety & security application is estimated to be the fastest growing segment of the embedded systems in automobiles market, by application. The increasing number of safety features and mandatory installation of features such as anti-lock braking systems (ABS) and airbags in a vehicle have driven the growth of this market. The infotainment & telematics segment is projected to grow at the highest CAGR during the forecast period.

The Asia-Pacific region is estimated to dominate the embedded systems in automobiles market, by volume, in 2017. The rising consumer income levels, increased vehicle production in developing countries such as China, and increase in the number of electric vehicles in countries such as Japan have all added up to the growth of the embedded systems in automobiles market in the Asia-Pacific region.

Automotive Embedded System Market

Modern vehicles have multiple embedded systems that are connected to each other as well as the internet. A cyberattack can endanger the safety of passengers. Therefore, the possibility of a cyberattack is a restraining factor for the growth of the embedded systems in automobiles market.

Continental AG (Germany) is a global manufacturer of tires, automotive parts, and industrial products. The core business of the company has been segmented into the automotive group and rubber group. The automotive group consists of chassis & safety, powertrain, and interior divisions, and the rubber group comprises tires and ContiTech division. The company currently has 207,899 employees globally and the research & development of the company is carried out at 127 locations in 27 countries. The company has a presence in all major regions such as Europe, Asia-Pacific, North America, and Germany. This shows that the company is not focused on a single region to generate revenue but is trying to balance its revenue generation from all the major regions.

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