Automotive eCall Market 2024 Growth and Share

1. Downloaded from: justpaste.it/96j5d Automotive eCall Market Forecast to 2024 and Growth The automotive eCall market size has the potential to grow by 10.19 million units during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. Get Sample of the Report: https://www.technavio.com/talk-to-us? report=IRTNTR44924&type=sample&src=report This report provides a detailed analysis of the market by technology (standard installation and TPS installation) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Aptiv Plc, Continental AG, DENSO Corp., Quectel Wireless Solutions Co. Ltd., Robert Bosch GmbH, STMicroelectronics NV, Telit Communications Plc, Texas Instruments Inc., Thales Group, and u-blox. Market Competitive Analysis The market is fragmented. The automotive eCall market is characterized by the presence of both international and regional players. With the continuous development of next-generation telematics protocol, the players of the eCall system market are increasingly focused on expanding their product portfolio across the globe. Aptiv Plc, Continental AG, and DENSO Corp. are some of the major market participants. Although the increased collaboration between nations to share telematics infrastructure will offer immense growth opportunities, the low return on investment for OEMs while establishing standalone eCall system infrastructure will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. To help clients improve their market position, this automotive eCall market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this automotive eCall market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. Automotive eCall Market: Key Drivers and Trends The continuously flourishing economies including India and China, owing to the rising disposable income and rapid urbanization has encouraged the demand for passenger cars having in-built telematics systems. The rising importance of safety features owing to the rapidly rising road accidents, vehicle thefts, safety and security issues is expected to propel the demand for eCall services and automotive telematics. Technavio’s market research analysis identifies the push from OEM’s to capitalize on the unexplored market in developing countries as one of

2. the primary driving factors for the growth of the automotive eCall market during the next few years. Our market research analysts predict that in terms of units, the market will grow at a CAGR of almost 9% by 2024. The gradual development of next-generation telematics protocol is gaining traction in the market. The next- generation telematics protocol (NGTP) is a technology-neutral protocol or approach introduced by BMW and telematics service vendors like Connexis and WirelessCar for developing telematics solutions and to provide a standardized platform for designing several scalable and flexible telematics systems. Automotive eCall Market: Key Highlights of the Report for 2020- 2024 CAGR of the market during the forecast period 2020-2024 Detailed information on factors that will drive automotive eCall market growth during the next five years Precise estimation of the automotive eCall market size and its contribution to the parent market Accurate predictions on upcoming trends and changes in consumer behavior The growth of the automotive eCall industry across APAC, Europe, MEA, North America, and South America A thorough analysis of the market’s competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of automotive eCall market vendors