Global Automotive Embedded System Market Report, Size, Share, Analysis 2017 and Forecast to 2023

According to Stratistics MRC, the Global Automotive Embedded System market is expected to grow from $23.71 billion in 2016 to reach $40.43 billion by 2023 with a CAGR of 7.9%.

Gaithersburg, Maryland, U.S. - October 17, 2017 /MarketersMedia/ —

Some of the factors driving the growth of the automotive embedded systems are consumers increasing demand towards electric vehicles, growing need for advanced safety, luxuries and comfortable systems. However, limited lifespan of these electronics systems and huge power required for the utilization of these vehicles are hindering the market.

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Sensors have acquired the largest market share due to the increasing adoption of these sensors in the electric vehicles and thus the demand is growing for sensors in automotive embedded systems. Based on the application, safety and security segment is leading the market with the highest CAGR and the growth is attributed towards the growing number of safety measures which include anti-lock brake systems (ABS) and airbags in the vehicles.

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Asia Pacific is dominating the global automotive embedded system and the factors favouring the growth of this region are growing vehicle production in developing countries such as China and Japan. Continental AG is one of the top most countries which manufacture automotive parts, tires.

Some of the key players in global Automotive Embedded System market include Delphi Automotive, Johnson Electric, Robert Bosch, Harman International, Toshiba, NXP Semiconductors, Infineon Technologies, Denso, Continental AG, Texas Instruments, Panasonic and Mitsubishi Electric.

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Vehicle Types Covered:
• Commercial Vehicles
• Passenger Cars

Types Covered:
• Embedded Software
• Embedded Hardware

Electric Vehicles Covered:
• Hybrid Electric Vehicle (HEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
• Battery Electric Vehicle (BEV)

Components Covered:
• Transceivers
• Sensors
• Memory Devices
• Microcontrollers (MCU)

Applications Covered:
• Body Electronics
• Powertrain & Chassis Control
• Safety & Security
• Infotainment & Telematics

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

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