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Lucintel Forecasts The Global Embedded Systems In Automobiles Market To Reach $12 Billion By 2030
According to a market report by Lucintel, the future of the global embedded systems in automobiles market looks promising with opportunities in the infotainment telematic, body electronic, powertrain chassis control, and safety security markets. The global embedded systems in automobiles market is expected to reach an estimated $12 billion by 2030 from $8 billion in 2024 at a CAGR of 6.9% from 2024 to 2030. The major drivers for this market are growing demand for automation technology, increasing consumer consciousness towards vehicle safety and rising strict government-imposed safety regulations across the globe.
A more than 150-page report to understand trends, opportunity and forecast in global embedded systems in automobiles market to 2030 by product (passenger vehicle, two-wheelers, and commercial vehicle), type (hardware and software), component (sensors, microcontroller, transceivers, and memory devices), application (infotainment telematics, body electronics, powertrain chassis control, and safety security), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that ...
... passenger vehicleis expected to witness the highest growth over the forecast period.
Within this market, infotainment telematics will remain the largest segment.
Download sample by clicking on embedded systems in automobiles market
APAC is expected to witness the highest growth over the forecast period.
NXP Semiconductors, Robert Bosch, Panasonic Corporation, Denso Corporation, Continental, Delphi Technologies, Texas instruments, Mitsubishi Electric Corporation, infineon Technologies are the major suppliers in the embedded systems in automobiles market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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