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(I-AutoNewsWire.com, November 01, 2017 ) According to Publisher, 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%. 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. 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.
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 Image Sensors Lidar Sensors Temperature Sensors Radar Sensors Pressure Sensors -Memory Devices -Microcontrollers (MCU)
Applications Covered: -Body Electronics -Powertrain & Chassis Control Electric Power Steering Active Suspension Automatic Transmission -Safety & Security Airbags Advanced Driver Assistance Systems (ADAS) Electronic Brake System -Infotainment & Telematics
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Regions Covered: -North America US Canada Mexico -Europe Germany UK Italy France Spain Rest of Europe -Asia Pacific Japan China India Australia New Zealand South Korea Rest of Asia Pacific -South America Argentina Brazil Chile Rest of South America -Middle East & Africa Saudi Arabia UAE Qatar South Africa Rest of Middle East & Africa
Company Profiling 12.1 Delphi Automotive 12.2 Johnson Electric 12.3 Robert Bosch 12.4 Harman International 12.5 Toshiba 12.6 NXP Semiconductors 12.7 Infineon Technologies 12.8 Denso 12.9 Continental AG 12.10 Texas Instruments 12.11 Panasonic 12.12 Mitsubishi Electric
For more information about this report: http://www.reportsweb.com/automotive-embedded-system-global-market-outlook-2017-2023
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Rajat Sahni
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Source: EmailWire.Com
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