MarketsandMarkets Presents Automotive Embedded System Market worth 7.41 Billion USD by 2022

Automotive Embedded System MarketAutomotive Embedded System 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", The automotive embedded system market is estimated to be USD 5.15 Billion in 2017 and is projected to grow to USD 7.41 Billion by 2022, at a CAGR of 7.56% html Browse 84 Market Data Tables and 50 Figures spread through 163 Pages and in-depth TOC on "Automotive Embedded System 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“ Download PDF Brochure:

Safety & Security segment to hold the largest share of the automotive embedded system market, by application type The safety & security application is estimated to hold the largest share, by value, of the automotive embedded system market in The mandatory installation of anti-lock braking systems (ABS) and electronic stability systems in the U.S. and European countries has contributed to the growth of this application. Likewise, in India, airbags, ABS, and speed warning system will be mandatory for all cars from October The growing installation rate of various safety features in vehicles are the key drivers for the safety & security application market. Sensor component To acquire the largest market share The sensors component is estimated to hold the largest share of the automotive embedded system market, by component type. The increasing number of electric vehicles and growing trend of vehicle electrification in the automobile industry have driven the growth of the automotive sensors market. Asia-Pacific: The largest market for the automotive embedded system market The Asia-Pacific region is estimated to hold the largest share, by value, of the automotive embedded system market in The demand for automotive embedded system in this region is triggered by increasing vehicle production in developing nations such as China and India and the increasing number of electric vehicles in countries such as China and Japan. The region is also the leading producer of automobiles in the world. market html

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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

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