The Growing Automotive Embedded Systems Market is
driven by Connected Vehicles

The automotive embedded systems industry refers to the
integration of hardware and software components into vehicles to perform
dedicated control functions. These systems are used for safer and more
efficient operation of various automotive components like engine management,
braking, suspension, steering, entertainment and navigation. Advancements in
artificial intelligence and connectivity are enhancing the capabilities of embedded
systems in managing complex functions. The increasing consumer demand for
infotainment, comfort and safety features is also accelerating the adoption of
embedded systems in modern vehicles.

The Global
Automotive Embedded Systems Market is estimated to be valued at US$ 10.79
Billion in 2024 and is expected to exhibit a CAGR of 6.0% over the forecast
period to 2031.



Key Takeaways

Key players operating in the Automotive Embedded Systems are Robert Bosch GmbH,
Panasonic Corporation, Toshiba, Continental AG, Denso Corporation, Mitsubishi
Electric Corporation,Texas Instruments Incorporated, Infineon Technologies AG,
Harman International. These companies are focusing on developing advanced
driver-assistance systems and fully autonomous solutions through strategic
collaborations and acquisitions.



The Automotive
Embedded Systems Market Demand for enhanced driving experience among
consumers is a major factor driving the automotive embedded systems market.
Rising middle-class population, increasing disposable incomes and rapid
urbanization in emerging economies are increasing automotive sales which is
further accelerating the demand. Moreover, the implementation of safety laws by
regulators along with technological advancements is positively impacting market
growth.

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Embedded Systems Market