#Global Commercial Automotive Telematics Market Size

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Automotive Fintech Market Forecast 2024-2033

Overview and Scope Automotive fintech refers to digital finance with the integration of technology into the automotive industry to improve the utility and efficiency of lending finance to automotive customers.

Sizing and Forecast The automotive fintech market size has grown strongly in recent years. It will grow from $54.12 billion in 2023 to $59.29 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to digital transformation, emergence of online marketplaces, increased automotive adoption, regulatory changes, fintech startups disruption.

The automotive fintech market size is expected to see strong growth in the next few years. It will grow to $86.53 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to rise of usage-based financing, api and open banking integration, focus on cybersecurity measures, pandemic-induced changes, green financing incentives. Major trends in the forecast period include focus on financial literacy, blockchain adoption, personalized financial services, subscription-based vehicle financing, automated and contactless transactions, data-driven decision making.

Segmentation & Regional Insights The automotive fintech market covered in this report is segmented -

1) By Propulsion Type: Internal Combustion Engine (ICE), Electric 2) By Vehicle Type: Passenger Car, Commercial Vehicle 3) By Channel: On Demand, Subscription 4) By End User: Digital Loans And Purchase, Online Leasing, Online Insurance, In-Vehicle Payments

North America was the largest region in the automotive fintech market in 2023. The regions covered in the automotive fintech market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Major Driver Impacting Market Growth The rising automotive industry is expected to propel the growth of the automotive fintech market going forward. The automotive industry refers to the industry that involves the manufacturing, development, and sales of vehicles. Automotive fintech involves digitalization that enables more efficient and simple methods of financing and insuring vehicles, where automotive companies can benefit from enhanced customer satisfaction, data analysis, and cost savings. For instance, according to the Bureau of Transportation Statistics (BTS), a US-based agency that publishes information on transportation systems, new vehicle sales increased to 11,741 new vehicles in 2021 from 11,041 vehicle sales in 2020. Therefore, the rising automotive industry increases the demand for the automotive fintech market.

Key Industry Players

Major companies operating in the automotive fintech market report are Liberty Mutual Group, Fiserv Inc., Stripe Inc., Global Payments Inc., Coinbase Global Inc., Grab Financial Group, Euroclear Holding SA/NV, Robinhood Markets Inc., Ant Group, The Savings Group Inc., Bajaj Auto Finance, Creditas Soluções Financeiras Ltd., Root Insurance Company, Oodle Car Finance, Cambridge Mobile Telematics, AutoFi Inc., HC Liquidating Inc., Blinker Inc., Cuvva, By Miles Ltd., Clearcover Insurance Co, Bumper.com, CarConnect Group, Fair Financial Corp, Tractable Ltd., Lendbuzz Inc., Eze Wheelz, AlgoDriven, Naked Insurance, Just Insure Inc.

The automotive fintech market report table of contents includes:

1. Executive Summary 2. Automotive Fintech Market Characteristics 3. Automotive Fintech Market Trends And Strategies 4. Automotive Fintech Market — Macro Economic Scenario 5. Global Automotive Fintech Market Size and Growth . . . 31. Automotive Fintech Market Other Major And Innovative Companies 32. Global Automotive Fintech Market Competitive Benchmarking 33. Global Automotive Fintech Market Competitive Dashboard 34. Key Mergers And Acquisitions In The Automotive Fintech Market 35. Automotive Fintech Market Future Outlook and Potential Analysis

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Remote Vehicle Shutdown Market- Global Market Size, Share, Growth, Trends, Statistics Analysis

The remote vehicle shutdown market size was valued at USD 3.1 Billion in 2023 and is expected to reach a market size of USD 5.9 Billion by 2032 at a CAGR of 7.4%.

The remote vehicle shutdown market is projected to experience significant growth over the next decade, driven by increasing vehicle theft rates, advancements in telematics, and stringent government regulations aimed at enhancing vehicle security. The market was valued at approximately USD 3.23 billion in 2022 and is expected to reach USD 6.36 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.8% during the forecast period Dataintelo.

Key Market Drivers

Rising Vehicle Theft Rates: With vehicle theft continuing to be a major issue globally, the need for effective vehicle security solutions like remote vehicle shutdown systems has increased. These systems enable owners and fleet managers to immobilize vehicles remotely, enhancing security and aiding in theft recovery.

Government Regulations: Various governments are implementing regulations that mandate advanced safety and security features in vehicles. For instance, the European Union’s eCall mandate requires new cars to be equipped with systems that can contact emergency services automatically, which often integrates remote shutdown capabilities​.

Technological Advancements: The integration of Internet of Things (IoT), artificial intelligence (AI), and advanced telematics into vehicle security systems is making remote vehicle shutdown solutions more effective and reliable. Innovations in GPS tracking and wireless communication are also contributing to market growth.

Top Companies are:

· LoJack Corporation

· CalAmp Corp

· Viper Automotive

· Directed Electronics

· Scorpion Automotive

· Fleetsmart

· Sky Patrol

· PassTime GPS

· eTrans Solutions

· Linxup

Market Segmentations:

Remote Vehicle Shutdown Market, By Type (2024–2032)

Manual System

Automatic System

Remote Vehicle Shutdown Market, By Application (2024–2032)

Passenger Car

Commercial Car

Regional Analysis:

North America commands a significant portion of the remote vehicle shutdown market, with the United States being a major contributor. This system is extensively used not only by car lenders but also by law enforcement agencies to manage speeding vehicles and control high-speed chases, which have been on the rise. This application is crucial for ensuring public safety and preventing accidents. Additionally, the increasing instances of vehicle theft in the country are driving the adoption of remote vehicle shutdown systems, as they offer an effective solution for theft prevention and vehicle recovery.

Key highlights of the report include:

1. The report delivers thorough Market analysis, furnishing valuable insights to guide strategic decision-making.

2. The comprehensive research outlined in the study enhances the depth of your presentations and marketing strategies.

3. By offering crucial insights into key market competitors, the study empowers businesses with a strategic edge.

4. It delivers a precise assessment of evolving market dynamics, ensuring readers stay abreast of the latest industry trends.

5. With meticulous breakdowns of various market niches, the report facilitates informed decision-making processes.

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Light Commercial Vehicles (LCVs): Driving The Economy Forward

(Source – TrucksDekho)

Light Commercial Vehicles (LCVs) play a pivotal role in driving economic activity across various industries worldwide. These versatile vehicles, characterized by their payload capacity and compact size, serve as essential tools for businesses, ranging from logistics and transportation to construction and trades. In this article, we will explore the significance of Light Commercial Vehicles (LCVs), their diverse applications, technological advancements, market trends, and the future outlook for this crucial segment of the automotive industry.

Understanding Light Commercial Vehicles:

LCVs, also known as light-duty trucks or vans, encompass a broad category of vehicles designed primarily for commercial purposes while offering passenger-carrying capabilities.

LCVs typically have a gross vehicle weight rating (GVWR) ranging from 3.5 to 7 tons, making them suitable for transporting goods, equipment, and personnel over short to medium distances.

These vehicles are available in various configurations, including panel vans, pickup trucks, chassis cabs, minivans, and specialized vehicles tailored to specific industries such as refrigerated vans for transporting perishable goods or utility vans for service and maintenance tasks.

Applications and Industries:

Light Commercial Vehicles serve a multitude of industries and applications, including:

Logistics and Distribution: LCVs form the backbone of logistics operations, facilitating the movement of goods and parcels between distribution centers, warehouses, and retail outlets.

Construction and Trades: Contractors, builders, and tradespeople rely on Light Commercial Vehicles to transport tools, materials, and equipment to construction sites, renovation projects, and service calls.

Retail and E-commerce: Delivery vans and parcel carriers use LCVs to fulfill last-mile deliveries, transporting packages directly to customers’ doorsteps.

Service and Utility: Light Commercial Vehicles equipped with specialized bodies, such as cherry pickers, cranes, or mobile workshops, support a wide range of service-oriented businesses, including utilities, telecommunications, and maintenance providers.

Technological Advancements:

Advancements in automotive technology have led to significant improvements in Light Commercial Vehicles performance, efficiency, and safety features:

Engine Efficiency: Modern LCVs feature fuel-efficient engines, including diesel, gasoline, hybrid, and electric powertrains, offering reduced emissions and operating costs.

Connectivity and Telematics: Integrated telematics systems provide fleet managers with real-time vehicle tracking, remote diagnostics, and predictive maintenance capabilities, optimizing fleet efficiency and uptime.

Safety Systems: Advanced driver assistance systems (ADAS), such as lane-keeping assist, autonomous emergency braking, and adaptive cruise control, enhance driver safety and mitigate the risk of accidents.

Electric Mobility: The emergence of electric LCVs offers eco-friendly alternatives to traditional combustion engine vehicles, reducing carbon emissions and operating costs while addressing environmental concerns.

Market Trends and Dynamics:

The global Light Commercial Vehicles market is characterized by several key trends and dynamics shaping its growth trajectory:

Urbanization: Increasing urbanization and e-commerce growth drive demand for LCVs suited to urban delivery and last-mile logistics, leading to the development of compact electric vans and micro-mobility solutions.

Emission Regulations: Stringent emission regulations and sustainability initiatives incentivize the adoption of electric and low-emission LCVs, prompting automakers to invest in electrification and alternative propulsion technologies.

Digital Transformation: Digitalization and automation trends, coupled with the rise of autonomous delivery vehicles and drone technology, are reshaping the future of last-mile logistics and urban mobility solutions.

Shift towards E-commerce: The surge in online shopping and home delivery services, accelerated by the COVID-19 pandemic, underscores the importance of efficient and reliable LCV fleets for fulfilling consumer demand and supply chain resilience.

Future Outlook:

The future outlook for the Light Commercial Vehicles segment is characterized by innovation, sustainability, and adaptation to evolving market dynamics:

Electrification: Continued advancements in electric vehicle technology, battery technology, and charging infrastructure will drive the widespread adoption of electric LCVs, particularly for urban delivery and fleet applications.

Autonomous Mobility: Autonomous driving technologies and vehicle automation will play an increasingly significant role in enhancing LCV safety, efficiency, and operational productivity, enabling autonomous delivery and logistics solutions.

https://gqresearch.com/wp-content/uploads/2024/05/1.4-Autonomous-Mobility-Source-istanbulmo.com_.jpg

Sustainable Solutions: Manufacturers and fleet operators will focus on implementing sustainable practices, including fleet electrification, route optimization, and eco-friendly packaging, to minimize environmental impact and achieve carbon neutrality goals.

Integration of Mobility Services: The integration of mobility-as-a-service (MaaS) platforms, shared mobility solutions, and on-demand delivery services will transform the LCV market, offering flexible and cost-effective transportation solutions for businesses and consumers alike.

Conclusion: 

Light Commercial Vehicles (LCVs) are integral to the functioning of modern economies, supporting a wide range of industries, from logistics and construction to retail and services. As technological advancements drive innovation in vehicle design, propulsion systems, and connectivity solutions, the LCV segment is poised for continued growth and transformation. By embracing electrification, automation, and sustainability, LCV manufacturers and fleet operators can address emerging challenges while unlocking new opportunities for efficiency, profitability, and environmental stewardship in the rapidly evolving mobility landscape.

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Commercial Telematics Market To Witness the Highest Growth Globally in Coming Years

The report begins with an overview of the Commercial Telematics Market and presents throughout its development. It provides a comprehensive analysis of all regional and key player segments providing closer insights into current market conditions and future market opportunities, along with drivers, trend segments, consumer behavior, price factors, and market performance and estimates. Forecast market information, SWOT analysis, Commercial Telematics Market scenario, and feasibility study are the important aspects analyzed in this report.

The Commercial Telematics Market is experiencing robust growth driven by the expanding globally. The Commercial Telematics Market is poised for substantial growth as manufacturers across various industries embrace automation to enhance productivity, quality, and agility in their production processes. Commercial Telematics Market leverage robotics, machine vision, and advanced control technologies to streamline assembly tasks, reduce labor costs, and minimize errors. With increasing demand for customized products, shorter product lifecycles, and labor shortages, there is a growing need for flexible and scalable automation solutions. As technology advances and automation becomes more accessible, the adoption of automated assembly systems is expected to accelerate, driving market growth and innovation in manufacturing. The global commercial telematics market size was USD 34.79 billion in 2020. The market is projected to grow from USD 40.18 billion in 2021 to USD 158.31 billion in 2028 at a CAGR of 21.6% in the 2021-2028 period. 

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Key Strategies

Key strategies in the Commercial Telematics Market revolve around optimizing production efficiency, quality, and flexibility. Integration of advanced robotics and machine vision technologies streamlines assembly processes, reducing cycle times and error rates. Customization options cater to diverse product requirements and manufacturing environments, ensuring solution scalability and adaptability. Collaboration with industry partners and automation experts fosters innovation and addresses evolving customer needs and market trends. Moreover, investment in employee training and skill development facilitates seamless integration and operation of Commercial Telematics Market. By prioritizing these strategies, manufacturers can enhance competitiveness, accelerate time-to-market, and drive sustainable growth in the Commercial Telematics Market.

Major Commercial Telematics Market Manufacturers covered in the market report include:

LIST OF KEY COMPANIES PROFILED:

Geotab Inc. (Oakville, Canada)

Trimble Inc. (U.S.)

TomTom Telematics BV (Netherlands)

Verizon Telematics, Inc. (U.S.)

Mix Telematics International (Pty) Ltd (South Africa)

Zonar Systems, Inc. (U.S.)

Octo Telematics Ltd. (U.K.)

Omnitracs LLC (U.S.)

Masternaut Limited. (U.K.)

Microlise Group Ltd. (U.K.)

Inseego Corporation (U.S.)

Volkswagen Commercial Vehicles (U.K.).

Continental AG. (Germany)

Decreasing costs of the automotive sensors and telematics devices are fueling their adoption in trucking and fleet management industries of emerging economies such as India, South Korea, and others. Hence, rising demand for commercial telematics in medium to large scale industries in these regions is expected to boost the market growth over the forecast period. Additionally, technological advancement in the manufacturing processes of these devices also enables the manufacturers to provide telematics devices at affordable pricing, which further influences the market.

Trends Analysis

The Commercial Telematics Market is experiencing rapid expansion fueled by the manufacturing industry's pursuit of efficiency and productivity gains. Key trends include the adoption of collaborative robotics and advanced automation technologies to streamline assembly processes and reduce labor costs. With the rise of Industry 4.0 initiatives, manufacturers are investing in flexible and scalable Commercial Telematics Market capable of handling diverse product portfolios. Moreover, advancements in machine vision and AI-driven quality control are enhancing production throughput and ensuring product consistency. The emphasis on sustainability and lean manufacturing principles is driving innovation in energy-efficient and eco-friendly Commercial Telematics Market Solutions.

Regions Included in this Commercial Telematics Market Report are as follows:

North America [U.S., Canada, Mexico]

Europe [Germany, UK, France, Italy, Rest of Europe]

Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]

South America [Brazil, Argentina, Rest of Latin America]

Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

Significant Features that are under offering and key highlights of the reports:

- Detailed overview of the Commercial Telematics Market.

- Changing the Commercial Telematics Market dynamics of the industry.

- In-depth market segmentation by Type, Application, etc.

- Historical, current, and projected Commercial Telematics Market size in terms of volume and value.

- Recent industry trends and developments.

- Competitive landscape of the Commercial Telematics Market.

- Strategies of key players and product offerings.

- Potential and niche segments/regions exhibiting promising growth.

Frequently Asked Questions (FAQs):

► What is the current market scenario?

► What was the historical demand scenario, and forecast outlook from 2024 to 2030?

► What are the key market dynamics influencing growth in the Global Commercial Telematics Market?

► Who are the prominent players in the Global Commercial Telematics Market?

► What is the consumer perspective in the Global Commercial Telematics Market?

► What are the key demand-side and supply-side trends in the Global Commercial Telematics Market?

► What are the largest and the fastest-growing geographies?

► Which segment dominated and which segment is expected to grow fastest?

► What was the COVID-19 impact on the Global Commercial Telematics Market?

Table Of Contents:

1 Market Overview

1.1 Commercial Telematics Market Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook 

1.4.1.2 Canada Market States and Outlook 

1.4.1.3 Mexico Market States and Outlook 

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook

1.4.2.2 France Market States and Outlook 

1.4.2.3 UK Market States and Outlook

1.4.2.4 Russia Market States and Outlook 

1.4.2.5 Italy Market States and Outlook 

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook

1.4.3.2 Japan Market States and Outlook 

1.4.3.3 Korea Market States and Outlook 

1.4.3.4 India Market States and Outlook 

1.4.3.5 Southeast Asia Market States and Outlook 

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook

1.4.4.2 Egypt Market States and Outlook 

1.4.4.3 Saudi Arabia Market States and Outlook 

1.4.4.4 South Africa Market States and Outlook 

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

Continued…

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Intelligent Transport Systems Market Analysis, Trends, Forecast, 2024-2034

Intelligent Transport Systems Market provides strategy of mergers and executions to enhance their Market share and product assortment. The main goal of Global Intelligent Transport Systems Market report is to provide a clear picture and a better understanding of the market. Additionally, it also covers the overall market situation along with future lookout around the world. The report evaluated key market features, including revenue, capacity, capacity utilization rate, price, production, production rate, CAGR, consumption, import/export, supply/demand, cost, market share, and gross margin. In addition, This Report study offers a comprehensive study of the key market dynamics and their latest trends, along with applicable market segments and sub-segments.

The Intelligent Transport Systems Market report profiles the successive companies, which includes: - Redflex Holdings Limited THALES Company Garmin International Inc. BAE SYSTEMS PLC Company NORTHROP GRUMMAN CORPORATION Kapsch Trafficcom AG.

A specific study of competitive landscape of the global Intelligent Transport Systems Market has granted, providing insights into the corporate profiles, financial standing, recent developments, mergers and acquisitions, and therefore the SWOT analysis. This analysis report will provide a transparent program to reader’s concern regarding the general market situation to further choose on this market projects.

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This report studies the global Intelligent Transport Systems Market status and forecast, categorizes the global Intelligent Transport Systems Market size (value & volume), revenue (Million USD), product price by manufacturers, type, application, and region. Intelligent Transport Systems Market Report by Material, Application and Geography with Global Forecast to 2030 is a connoisseur and far-reaching research provide details associated with world’s major provincial economic situations, Concentrating on the principle districts (North America, South America Europe, and Asia-Pacific) and the crucial nations (United States, Germany, United Kingdom, Japan, South Korea, and China).

Reports Intellect analysts are currently working analyzing and incorporating their insights on the effect of COVID-19 across diverse industry verticals. These insights are quite promising for various businesses and industries to cope up with this unprecedented downturn and take effective strategic decisions to thrive and proliferate in the ever competitive business ecosystem. By Types: Advanced Traffic Management System Advanced Traveler Information System Advanced Vehicle Control System Commercial Vehicle Operation Advanced Public Transportation System

By Applications: Fleet Management Traffic Monitoring Systems Traffic Signal Control Systems Automotive Telematics Traveler Information

Market Segment by Regions, regional analysis covers North America Europe Asia-Pacific South America Middle East and Africa

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·  Forecasts the regions expected to perceive ascension.

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Automotive Sensors Market, Share, Size, Future Trends, Industry Analysis, Forecast and Outlook – 2030

Automotive Sensors Market

The market research report provides a comprehensive analysis of the industry, with a specific focus on the Automotive Sensors Market. It examines the size, growth rate, and major trends within the Automotive Sensors Market, offering valuable insights into its current state and future prospects. The report explores the significance of Automotive Sensors in driving market dynamics and shaping business strategies. It investigates the market drivers, such as increasing consumer demand and emerging trends related to Automotive Sensors, providing a deep understanding of the factors influencing market growth. Additionally, the report assesses the competitive landscape within the Automotive Sensors Market, profiling key players and their market share, strategies, and product offerings. It also addresses market segmentation, identifying different segments within the Automotive Sensors Market and their unique characteristics. Overall, the market research report equips businesses operating in the Automotive Sensors Market with valuable information and actionable recommendations to capitalize on opportunities and navigate the challenges in the industry.

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This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.

The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and sub segments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub segments.

Key Market Segmentation

Global Automotive Sensors Market - By Type

Temperature Sensors 

Pressure Sensors

Speed Sensors

Level/Position Sensors

Magnetic Sensors

Gas Sensors

Inertial Sensors

Global Automotive Sensors Market - By Application

Powertrain

Body Electronics

Vehicle Security Systems

Telematics

Global Automotive Sensors Market - By Vehicle Type

Passenger Cars 

Commercial Vehicles

Global Automotive Sensors Market - By Region

North America

US

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Russia

Benelux

Nordics

Rest of Europe

 Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific

 Middle East and Africa

 South America

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Table of Content

1         Executive Summary

 2         Market Introduction

 2.1         Definition

 2.2         Architecture

 2.3         Scope of the Study

 2.4         Related Stakeholders

 3         Research Methodology

 3.1         Introduction

 3.2         Primary Research

 3.2.1        Key Insights

 3.2.2        Breakdown of Primary Interviews

 3.3         Secondary Research

 3.3.1        Important Sources

 3.4         Market Size Estimation Approaches

 3.4.1        Top-Down Approach

 3.4.2        Bottom-Up Approach

 3.4.3        Data Triangulation

 3.5         List of Assumptions

 4         Market Dynamics

 4.1         Introduction

 4.2         Drivers

 4.2.1        Significant growth of the food & beverage and pharmaceutical industries

 4.3         Restraints

 4.4         Opportunities

 4.4.1        Growing personal care and cosmetics industry in the developing countries

 4.5         Porter's Five Forces Model Analysis

 4.6         Value Chain Analysis

 4.7         Impact of COVID-19 on Global Automotive Sensors Market

 5         Global Automotive Sensors Market, By Type

 5.1         Introduction

 5.2         Temperature Sensors

 5.3         Pressure Sensors

 5.4         Speed Sensors

 5.5         Level/Position Sensors

 5.6         Magnetic Sensors

 5.7         Gas Sensors

 5.8         Inertial Sensors

 6         Global Automotive Sensors Market, By Application

 6.1         Introduction

 6.2         Powertrain

 6.3         Body Electronics

 6.4         Vehicle Security Systems

 6.5         Telematics

 7         Global Automotive Sensors Market, By Vehicle Type

 7.1         Introduction

 7.2         Passenger Cars

 7.3         Commercial Vehicles

 8         Global Automotive Sensors Market, By Region

 8.1         Introduction

 8.2         North America

 8.2.1        US

 8.2.2        Canada

 8.2.3        Mexico

 8.3         Europe

 8.3.1        Germany

 8.3.2        UK

 8.3.3        France

 8.3.4        Italy

 8.3.5        Spain

 8.3.6        Rest of Europe

 8.4         Asia-Pacific

 8.4.1        China

 8.4.2        India

 8.4.3        Japan

 8.4.4        South Korea

 8.4.5        Rest of Asia-Pacific

 8.5         Middle East and Africa

 8.6         South America

 9         Competitive Landscape

 9.1         Introduction

 9.2         Vendor Evaluation Criteria

 9.3         Vendor Share Analysis, 2020

 9.4         Recent Developments, 2018-2021

 9.4.1        New Product Launches

 9.4.2        Partnerships

 9.4.3        Mergers or Acquisitions

 9.4.4        Business Expansions

 10     Company Profiles

(This section covers the Business Overview, Financial Overview, Product and Product Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.

 10.1     DENSO Corporation

 10.2     Infineon Technologies AG

 10.3     Robert Bosch GmbH

 10.4     Texas Instruments Inc.

 10.5     Sensata Technologies Holding PLC

 10.6     Aptiv PLC (Delphi Automotive)

 10.7     CTS Corporation

 10.8     Maxim Integrated Products Inc.

 10.9     NXP Semiconductors NV

 10.10  Analog Devices Inc.

 11     Appendix

 11.1     Discussion Guide

 11.2     Customization Options

 11.3     Related Reports

Continue…

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Comprehensive Analysis of the Global Automotive Software Market: Growth Trends and Key Influencing Factors || NVIDIA Corporation, NXP Semiconductors NV, BlackBerry Limited

The Automotive Software Global Market Report 2023, provides comprehensive information on the automotive software market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Automotive Software Market’s Growth:

According to The Business Research Company's comprehensive analysis in their Automotive Software Global Market Report for 2023, the automotive software market is poised for significant expansion. In particular, it is projected to exhibit remarkable growth, with its market size forecasted to surge from $22.42 billion in 2022 to an impressive $26.15 billion in 2023, driven by a robust compound annual growth rate (CAGR) of 16.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. This upward trajectory is set to persist, with the automotive software market estimated to further ascend to a substantial $47.17 billion by 2027, demonstrating a consistently strong CAGR of 15.9%. This dynamic evolution underscores the automotive industry's increasing reliance on cutting-edge software solutions to meet the demands of modern vehicles and their consumers.

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The automotive software market is currently witnessing a significant shift towards product innovation, marking a dominant trend in the industry. Leading companies operating in this sector have redirected their efforts towards crafting novel and pioneering solutions to cater to the ever-growing demands of their customers. Notably, in December 2021, the renowned German-based technological powerhouse, Robert Bosch, unveiled a potent computer system designed explicitly for the infotainment domain. This sophisticated system expedites the integration of an array of cutting-edge services into vehicles, encompassing in-car communication, in-car payment processing, seamless video streaming, voice-activated virtual assistants, and much more.

This groundbreaking venture harnesses Robert Bosch's unparalleled proficiency in automotive software solutions and pairs it with their domain-specific hardware expertise, effectively merging forces with an extensive network of leading technology enterprises within the industry.

The automotive software market is segmented:

1) By Solution: Autopilot Software, Navigation Software, Entertainment Software, Car Safety Software

2) By Vehicle Type: Passenger Car, LCV (Light Commercial Vehicle), HCV (Heavy Commercial Vehicle)

3) By Software Layer: Operating System, Middleware, Application Software

4) By Application: ADAS (Advanced Driver Assistance Systems) And Safety Systems, Body Control And Comfort Systems, Powertrain Systems, Infotainment Systems, Communication Systems, Vehicle Management And Telematics, Connected Services, Autonomous Driving, HMI (Human-Machine Interface) Applications, Biometrics, Remote Monitoring, and V2X (Vehicle-To-Everything) Systems

Asia-Pacific was the largest region in the automotive software market in 2022.

The table of contents in TBRC’s automotive software market report includes:

1. Executive Summary

2. Automotive Software Market Characteristics

3. Automotive Software Market Trends And Strategies

4. Impact Of COVID-19

5. Automotive Software Market Size And Growth

6. Segmentation

7. Regional And Country Analysis

.

.

.

27. Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

Learn About Us:  The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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[ganeshtbrc]

Global Automotive Semiconductor Market Overview – Market Growth Analysis And Key Drivers

The Automotive Semiconductor Global Market Report 2023, provides comprehensive information on the automotive semiconductor market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Automotive Semiconductor Market’s Growth:

As per The Business Research Company’s Automotive Semiconductor Global Market Report 2023, the market size grew from $48.44 billion in 2022 to $55.14 billion in 2023 at a compound annual growth rate (CAGR) of 13.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the automotive semiconductor is expected to grow to $88.05 billion in 2027 at a CAGR of 12.4%.

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The automotive semiconductor market is segmented:

1) By Component: Processor, Analog IC, Discrete Power, Sensor, Memory, Other Components

2) By Fuel Type: Diesel, Gasoline, Electric and Hybrid

3) By Application: Powertrain, Safety, Body Electronics, Chassis, Telematics and Infotainment

4) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Other Vehicle Types

Asia-Pacific was the largest region in the automotive semiconductor market in 2022.

The table of contents in TBRC’s automotive semiconductor market report includes:

1. Executive Summary

2. Market Characteristics

3. Market Trends And Strategies

4. Impact Of COVID-19

5. Market Size And Growth

6. Segmentation

7. Regional And Country Analysis

.

.

.

27. Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

Learn About Us:  The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

Contact Us:  The Business Research Company  Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

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[delvenservices]

Automotive Semiconductor Market Key Players & Growth Analysis

Automotive Semiconductor Market, by Component (Processor, Analog IC, Discrete Power, Sensor, and Memory), Vehicle Type (Passenger, LCV, and HCV), Fuel Type (Gasoline, Diesel, and Electric and Hybrid), Application and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Market Overview

The global Automotive Semiconductor market size is projected to reach USD 60 billion by 2026 at a CAGR of 6.8% from USD 44 billion in 2021 during the forecast period 2021-2028.

Semiconductor is a substance in which physical and chemical property exists between those of a metal and a nonmetal. The most common semiconductor material is germanium and silicon. When used in automobiles like cars these are termed as automotive semiconductor. These are used in cars as a catalyst, in electronic circuits, led. More is the technological advancement in the cars more is the usage of semiconductors in them.

With the recent surge in demand for advanced safety features and comfort system along with the surge in vehicular production and the trend of electrification of vehicles are some of the factors that have supported long-term expansion for Automotive Semiconductor Market.

To Understand Business Strategies, Request for a Sample Report at: https://www.delvens.com/get-free-sample/automotive-semiconductor-market-trends-forecast-till-2028

Regional Analysis

Asia Pacific is expected to be the largest market during the forecast period.

Key Players

NXP Semiconductors N.V

Renesas Electronics Corp.

Infineon Technologies AG

STMicroelectronics N.V.

Robert Bosch GmbH

Texas Instruments, Inc.

ON Semiconductor Corp.

ROHM Co., Ltd.

Toshiba Corp.

Analog Devices Inc.

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Recent Developments

NXP Semiconductors and TSMC announced the release of NXP’s S32G2 vehicle network processors and the S32R294 radar processor into volume production on TSMC’s advanced 16 nanometer (nm) FinFET process technology

Renesas Electronics Corporation unveiled an innovative automotive gateway solution with R-Car S4 system on chips (SoCs) and power management ICs (PMICs) for next-generation vehicle computers, communication gateways, domain servers and application servers.

Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Automotive Semiconductor market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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Report Scope

Automotive Semiconductor Market is segmented into Component, vehicle type, fuel type, application and geography.

On the basis of Material Type

Processor

Analog IC

Discrete Power Device

Sensor

Memory Device

Lighting Device

On the basis of Vehicle Type

Passenger Car

Light Commercial Vehicle (LCV)

Heavy Commercial Vehicle (HCV)

On the basis of Fuel Type

Gasoline

Diesel

Electric/Hybrid Electric Vehicle (EV/HEV)

On the basis of Application

Powertrain

Safety

Body Electronics

Chassis

Telematics and infotainment

On the basis of Region

Asia Pacific

North America

Europe

South America

Middle East & Africa

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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The Automotive Semiconductor Market report answers a number of crucial questions, including:

Which companies dominate the Automotive Semiconductor Market?

What current trends will influence the market over the next few years?

 What are the market's opportunities, obstacles, and driving forces?

What predictions for the future can help with strategic decision-making?

What advantages does market research offer businesses?

Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?

What is the anticipated growth rate for the market economy globally?

[emaanderson]

Automotive Semiconductor Market Growth Forecast: Promising Trajectory (2035)

Automotive Semiconductor Market Global Demand Analysis & Opportunity Outlook 2035” which delivers a detailed overview of the global automotive semiconductor market in terms of market segmentation by vehicle type, fuel, component, application, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, and supply and demand risk, along with a detailed discussion of current and future market trends that are associated with the growth of the market.

Automotive Semiconductor Market Statistics

USD 40 billion revenue in 2022

Record USD 115 billion revenue by 2035

The market size slated to observe 10% growth rate through 2023-2035

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The global automotive semiconductor market is projected to grow at a CAGR of ~10% by attaining substantial revenue during the forecast period, i.e., 2023 – 2035. Factors such as, the growing automotive industry and emerging demand for the safety features in automobiles are anticipated to propel the growth of the market during the forecast period. According to a report provided by the Association for Safe International Road Travel (ASIRT) approximately 1.35 million people die every year in road accidents.

Additionally, by vehicle type, the global automotive semiconductor market is segmented into LCV, HCV, and passenger. Out of which, the passenger segment is estimated to obtain a notable share of the market during the forecast period. The growth of the segment can be accounted to increasing sales of passenger cars. A high number of people travel via passenger cars all-around. Additionally, passenger cars are affordable and durable. Such factors are estimated to boost the market growth.  

Furthermore, the global automotive semiconductor market, by region, is bifurcated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Out of these regions, the market in the Asia Pacific region is estimated to grow at a noteworthy pace over the forecast period on the back of constantly growing production and sales of automobiles in the region. It is observed that about 30 million passenger cars were sold in the Asia Pacific region in 2021, out of which, 20 million passenger cars were sold in China.

According to recent study by Research Nester, the market size is anticipated to surpass USD 115 Bn by 2035 and is projected to expand at CAGR of over 10% from 2023 to 2035.

Major players include in the global Automotive Semiconductor Market:

NXP Semiconductors N.V.

Robert Bosch GmbH

Analog Devices, Inc.

Micron Technology, Inc.

Semiconductor Components Industries, LLC

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The detailed segments and sub-segment of the market are explained below:

By Propulsion Type

Electric

Internal Combustion Engine

By Component

Analog IC

Processor

Discrete Power

Sensor

Power

By Vehicle Type

Passenger Vehicle

Light Commercial Vehicle

 Heavy Commercial Vehicle

 By Application

Body Electronics

Chassis

Powertrain

Safety

Telematics & Infotainment

Buy a Copy of this Strategic Report to drive your Business Growth @ https://www.researchnester.com/reports/automotive-semiconductor-market/4158

The research is global in nature and covers a detailed analysis of the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa).

 In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook, etc. have also been covered and displayed in the research report.

Rising requirement for Automobile Safety Protocols to Foster the Growth of the Market

According to a report published by the ASIRT, it has been observed that 3,700 people die in road accidents every day.

Automotive semiconductors comprise a bunch of chips to perform functions. Such chips are utilized as a vital part of the safety system of the vehicle. For instance, seatbelt pretensioners, airbags, and stabilization systems are operated by these chips.Therefore, such factors are anticipated to propel the growth of the market.

However, the requirement for higher initial investment in the automotive semiconductor market is expected to operate as a key restraint to the growth of the global automotive semiconductor market over the forecast period.

This report also provides the existing competitive scenario of some of the key players in the global automotive semiconductor market which includes company profiling of Analog Devices, Inc., NXP Semiconductors N.V., Renesas Electronics Corporation, Toshiba Corporation, Infineon Technologies AG, ROHM Co., Ltd., STMicroelectronics International N.V., Semiconductor Components Industries, L.L.C., Robert Bosch GmbH, Texas Instruments Incorporated. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments.

On the whole, the report depicts a detailed overview of the global automotive semiconductor market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching for possibilities, and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.     

[monkk08]

 #Commercial #Automotive #Telematics #Market #marketresearch #trend

[vijay1225]

Global Automotive Overhead Console Market Report 2024: 2033

Overview and Scope An automotive overhead console refers to an automobile component that is attached to the roof of the vehicle. It is primarily a used component of the interior vehicle eco-system that is only designed to match the interior theme. It is used for storing lighting equipment and displaying navigational information.

Sizing and Forecast The automotive overhead console market size has grown strongly in recent years. It will grow from $38.46 billion in 2023 to $40.42 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to consumer demand for advanced features, rising focus on interior aesthetics, integration of infotainment system, luxury vehicle segment growth, regulatory emphasis on safety and convenience.

The automotive overhead console market size is expected to see strong growth in the next few years. It will grow to $49.24 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to rise of electric and autonomous vehicles, increased integration of touchscreen displays, growing customization and personalization, focus on sustainable materials, connected car ecosystem development, ergonomics and user experience optimization. Major trends in the forecast period include integration of advanced electronics, adoption of smart lighting systems, focus on interior aesthetics and design, integration of driver assistance features, customization and personalization options.

Segmentation & Regional Insights The automotive overhead console market covered in this report is segmented –

1) By Console Type: Front End Console, Rear End console 2) By Technology: Electro-Mechanical, Capacitive, Display 3) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Trucks, Buses and Coach 4) By Sales Channel: Original Equipment Manufacturer (OEM), After Market 5) By Application: Vehicle Telematics, Infotainment, HVAC, Sunroof, Driver Monitoring, eCell, Airbag Control, Microphone, Lighting, Other Applications

Asia-Pacific was the largest region in the automotive overhead console market in 2023. The regions covered in the automotive overhead console market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major Driver Impacting Market Growth The increasing demand for passenger vehicles internationally is expected to propel the growth of the automotive overhead console market going forward. A passenger vehicle is a multi-track automobile with at least two axles, its driver or is automatically propelled and commonly has four or more wheels. Automotive overhead consoles are utilized to conceal small objects for quick access in passenger automobiles. It is attached to the roof to help with navigation. For instance, in January 2023, according to a report shared by The European Automobile Manufacturers Association, a Belgium-based main lobbying and standards group for the automobile industry in the European Union, the number of new car registrations in the EU increased by 12.8% in December 2022, making it the year's sixth month of continuous growth. The German and Italian auto markets also had double-digit growth in 2022, with gains of 38.1% and 21.0%, respectively. Therefore, the increasing demand for passenger vehicles internationally is driving the growth of the automotive overhead console market.

Key Industry Players Major companies operating in the automotive overhead console market report are Continental Automotive Systems, Diamay Automotive interior Co. Ltd., Gentex Corporation, Grupo Antolín, International Automotive Components Group LLC, Johnson Controls International PLC, LS Automotive India Pvt. Ltd., Meghna International Inc., Methode Automotive Solutions, Plastic Omnium SA, Yanfeng Automotive Interiors, AGM Automotive LLC, Valeo SA, Flex Ltd., Motus Integrated Technologies, Nifco KTS GmbH, Toyota Boshoku Corporation, JPC Automotive Co. Ltd., Magna International Inc., Hella GmbH & Co. KGAA, Diamond Coatings Inc., Kojima Industries Corporation, Visteon Corporation, Lear Corporation, Faurecia, Harman International Industries Inc., Calsonic Kansei Corporation, Delphi Automotive LLP, Magneti Marelli S.p.A., Panasonic Corporation, Pioneer Corporation, Robert Bosch GmbH, Denso Corporation.

The automotive overhead console market report table of contents includes:

1. Executive Summary

 2. Automotive Overhead Console Market Characteristics

3. Automotive Overhead Console Market Trends And Strategies

4. Automotive Overhead Console Market - Macro Economic Scenario 

5. Global Automotive Overhead Console Market Size and Growth

. .

31. Global Automotive Overhead Console Market Competitive Benchmarking

32. Global Automotive Overhead Console Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Automotive Overhead Console Market

34. Automotive Overhead Console Market Future Outlook and Potential Analysis

35. Appendix Explore the trending research reports from TBRC:

Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293

[efrost]

Motor Vehicle Sensor Market Will Hit Big Revenues In Future | Biggest Opportunity Of 2022

Latest Report Available at Advance Market Analytics, “Motor Vehicle Sensor Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.The global Motor Vehicle Sensor market focuses on encompassing major statistical evidence for the Motor Vehicle Sensor industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study. In addition the Motor Vehicle Sensor study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production, and utilized strategies are also marked.Some key players in the global Motor Vehicle Sensor market are

Robert Bosch (Germany)

Delphi Automotive (United Kingdom)

Elmos Semiconductor SE (Germany)

Denso Corporation (Japan)

Infineon Technologies (Germany)

Sensata Technologies (United States)

Allegro Microsystems (United States)

Analog Devices (United States)

Elmos Semiconductor (Germany)

CTS Corporation (United States) Sensors are critical components of automobile electronic control systems, and are described as devices that convert physical quantities like pressure or acceleration into output signals that control systems use as inputs. Engine sensors are included into vehicles to ensure that the right quantity of gasoline is delivered at all times. The engine control unit keeps track of a huge number of input sensors. Sensor technology is now widely used in contemporary cars. Sensors improve people's safety on board and on the road, regulate vehicle pollutants, and improve vehicle efficiency. Different types of engine sensors utilised in modern automobiles will be discussed in this article.What's Trending in Market: Emergence of Advance Sensor Technologies with Improved Precision

Challenges: Market Penetration Across New Regions

Technological Limitations

Market Growth Drivers: Increasing Implementation of Alternative Fuel Vehicles

Growing Electric Vehicle Sales

Stringent Safety Regulations

The Global Motor Vehicle Sensor Market segments and Market Data Break Downby Type (Temperature Sensors, Image Sensors, Position Sensors, Pressure Sensors, Others), Application (Powertrain, Chassis, Exhaust, Safety & Control, Body Electronics, Telematics, Others), Vehicle (Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)), Distribution (Original Equipment Manufacturers (OEMs), Aftermarket)Presented By

AMA Research & Media LLP

[sanemyamen]

Automotive Over-The-Air (OTA) Update Market to Observe Strong Growth to Generate Massive Revenue in Coming Years

Global Automotive Over-The-Air (OTA) Update Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.

Major Players in This Report Include Continental AG (Germany),Delphi Automotive (United Kingdom),Robert Bosch GmbH (Germany),Denso Corporation (Japan),Airbiquity Inc. (United States),HERE Technologies (Netherlands),Harman International Industries, Inc. (United States),NXP Semiconductors N.V.(Netherlands),Verizon Communications, Inc.(United States),Tesla, Inc. (United States),Infineon Technologies AG (Germany),General Motor Company (United States)

Automotive Over-The-Air (OTA) Update enables automotive manufacturers to fix, maintain, and improve vehicles through remote software updates downloaded to the vehicle from a cloud-based server. Increasing automotive digitalization has inevitably meant that vehicles need regular firmware and software updates to keep pace with the latest advances in connectivity but also to update the automotive cybersecurity. Rather than repeatedly recalling the vehicle to a garage it is much more economical to perform these updates wirelessly over the air (OTA). By 2025, the automotive companies to be making over 100 million updates a year to customers’ vehicles using software-over-the-air (SOTA) technology. Those updates will span every aspect of the vehicle, from infotainment and telematics services to acceleration rates and parking controls. Market Drivers Increasing Demand for ADAS and Connected Cars

Adoption of SOTA by Automotive

Market Trend Emergence of ‘Embedded Electronics’ and ‘IoT’ Technology

Opportunities Increasing Automotive OEMs Collaborations with OTA Solution Providers

Adoption of Telematics Control Units (TCUs) by Automotive Manufacturers

Challenges  Ongoing COVID-19 Pandemic The Automotive Over-The-Air (OTA) Update market study is being classified by Application (Telematics Control Unit (TCU), Electronic Control Unit (ECU), Infotainment, Safety & Security, Others), Automotive Type (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs)), Technology (Firmware over-the-air (FOTA), Software over-the-air (SOTA)), Propulsion (Internal Combustion Engine, Electric Vehicle), Connectivity (Embedded 3G/4G Modem, Embedded Wi-Fi, Smartphone Bluetooth/ Tethering Hotspot) Presented By

AMA Research & Media LLP

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DUBLIN, Jan. 21, 2023 /PRNewswire/ -- Research and Markets The "Automotive Hypervisor Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030" report has been added to  ResearchAndMarkets.com's offering. Overview: The global automotive hypervisor market is expected to grow at a CAGR of 17.3% during the forecast period from 2022 to 2030. Hypervisor is software that provides virtual representation of hardware components in an autonomous and semi-autonomous vehicle. It is used for establishing seamless communication between hardware and virtual machine which helps in controlling the vehicle in an efficient manner. Continuous advancements and growing demand for automotive technologies such as autonomous driving mode, vehicle telematics, etc. are some of the major factors driving the global automotive hypervisor market across the globe. Automotive hypervisors are used across various vehicle types such as passenger cars, light commercial vehicles, heavy commercial vehicles as per their level of autonomy i.e. fully autonomous or semi-autonomous. Among all vehicle types, passenger car segment is expected to be the fastest growing segment as passenger car owners are increasingly opting for either autonomous or semi-autonomous vehicles citing benefits offered such as better efficiency and improved safety. Autonomous vehicle provides advanced driver-assistance systems which eliminate accidents caused due to human errors. As a result, growing demand for autonomous vehicles is projected to facilitate the growth of automotive hypervisor market in the years to come. Type-1 hypervisors accounted for the Largest Market Share in 2020 Type-1 hypervisors accounted for the largest market share in 2020. This type of hypervisor provides better performance as compared to its counterparts. The virtual layer of type-1 hypervisor interacts directly with the kernel of the operating system, making the hardware of the vehicle more efficient. Type-1 hypervisor is independent from the operating system of vehicle as it directly runs on the host's hardware. In case of any problem in one virtual machine, the other guest operating systems running on the hypervisors does not get affected. Hence, it is regarded as the more secure and efficient automotive hypervisor type. North America Garnered Largest Market Share in 2020 In terms of geography, North America led the automotive hypervisor market in 2020 and is expected to remain dominant during the forecast period from 2022 to 2030. The growth of this region is mainly backed by stringent government regulations in countries like U.S. and Canada where installation of specific automotive safety technologies is mandatory. North America is a house to large number of well-established manufacturers that are investing in autonomous technologies. Relatively better penetration of autonomous cars coupled with growing inclination towards road safety has attracted significant investments towards R&D of autonomous vehicles. This, in turn is supporting the demand for automotive hypervisors in North America region. Competitive Insights Major players profiled in the automotive hypervisors market study include Mentor Graphics Corporation, BlackBerry Limited, Renesas Electronics Corporation, Sasken Technologies Limited, Continental AG, Visteon Corporation, Wind River System, Baidu Inc., NXP Semiconductors N.V., Siemens AG, Harman International Industries, Inc., Citrix Systems Inc., VMware Inc., etc. These companies are heavily investing in R&D for gaining an upper hand in the market. Market Segmentation Product Type-1 Type-2 Vehicle Passenger Cars Light Commercial Vehicles Heavy Commercial Vehicles Key questions answered in this report What are the key micro and macro environmental factors that are impacting the growth of Automotive Hypervisor market? What are the key investment pockets with respect to product segments and geographies currently and during the forecast pe

riod? Estimated forecast and market projections up to 2030. Which segment accounts for the fastest CAGR during the forecast period? Which market segment holds a larger market share and why? Are low and middle-income economies investing in the Automotive Hypervisor market? Which is the largest regional market for Automotive Hypervisor market? What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa? Which are the key trends driving Automotive Hypervisor market growth? Who are the key competitors and what are their key strategies to enhance their market presence in the Automotive Hypervisor market worldwide? Key Topics Covered: 1. Preface 2. Executive Summary 3. Automotive Hypervisor Market: Competitive Analysis 4. Automotive Hypervisor Market: Macro Analysis & Market Dynamics 5. Automotive Hypervisor Market: By Product, 2020-2030, USD (Million) 6. Automotive Hypervisor Market: By Vehicle, 2020-2030, USD (Million) 7. North America Automotive Hypervisor Market, 2020-2030, USD (Million) 8. UK and European Union Automotive Hypervisor Market, 2020-2030, USD (Million) 9. Asia Pacific Automotive Hypervisor Market, 2020-2030, USD (Million) 10. Latin America Automotive Hypervisor Market, 2020-2030, USD (Million) 11. Middle East and Africa Automotive Hypervisor Market, 2020-2030, USD (Million) 12. Company Profile Companies Mentioned Mentor Graphics Corporation BlackBerry Limited Renesas Electronics Corporation Sasken Technologies Limited Continental AG Visteon Corporation Wind River System Baidu Inc. NXP Semiconductors N.V. Siemens AG Harman International Industries, Inc. Citrix Systems Inc. VMware Inc. For more information about this report visit https://www.researchandmarkets.com/r/x5hj9b About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Media Contact: Laura Wood | +353-1-481-1716 | press@researchandmarkets.net View original content:https://www.prnewswire.com/news-releases/automotive-hypervisor-market-report-2022-featuring-mentor-graphics-renesas-electronics-visteon-continental--more-301726744.html SOURCE Research and Markets Yahoo Finance’s Ines Ferre breaks down fourth-quarter earnings for IBM. MIT David Austin Professor of Management, Marketing, IT and Data Science and 'The Hype Machine' Author Sinan Aral discusses how big of an advantage Microsoft has regarding its recent investment in ChatGPT. You can see the entire interview here. Key Video Takeaways 00:11 On Google being "shook" 00:23 On the "existential threat" of ChatGPT to Google Yahoo Finance’s Seana Smith and Dave Briggs break down why Shopify stock is soaring, Boeing's quarterly loss, and why investors are cheering AT&T stock following the company’s latest earnings report. Yahoo Finance's Jared Blikre breaks down fourth-quarter earnings for Tesla. Millennials have given up on stocks. Is it time to follow suit? If the sky-high forward dividend yield of 8.6% is making you consider a purchase of Medical Properties Trust (NYSE: MPW) stock, you aren't alone. The future of this hospital real estate business seems quite certain; it'll keep doing what has worked in the past, namely buying and then renting out healthcare spaces. Yahoo Finance's Dave Briggs breaks down why Chevron stock is moving higher in extended trading hours. After a decade and a half of near perfect performance, and empire building, Alphabet proved to be fallible (Bloomberg) -- Global smartphone shipments suffered their worst quarterly drop on record in a clear sign of cooling consumer demand that signals more pain for manufacturing hubs like South Korea and Vietnam.Most Read from BloombergHindenburg’s Short Sell Call Shaves $12 Billion Off Adani StocksIBM to Cut About 3,900 Workers, Still Hiring in ‘Higher Growth’ Ar

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