Automotive Embedded Systems Market Overview By Rising Trends And Revenue 2027

1. Automotive Embedded Systems Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2018-2026

2. REPORT DESCRIPTION Automotive Embedded Systems Market – Overview An automotive embedded system is an electronic or computer system, specially designed to control and access data of electronic based system installed in vehicles. This system comprises single chip microcontroller such as cortex, advanced RISC machines (ARM), microprocessors, field programmable gate arrays (FPGAs), digital signal processor (DSPs), and application-specific integrated circuit (ASICs). These embedded systems are integrated in diverse functionalities such as ignition, security, and audio systems. The adoption of advanced embedded systems in automotive industry has increased significantly over the past two decades. Among product type, embedded software segment is expected to exhibit a significant CAGR over the forecast period due to deployment of these in emerging telematic products and in-vehicle infotainment systems.

3. REPORT DESCRIPTION Automotive Embedded Systems Market – Dynamics Increasing demand for electric vehicles is one of the major factors driving growth of the global automotive embedded systems market. Electric vehicles and hybrid electric vehicles are gradually using embedded systems to enhance efficiency and reduce pollution. According to the International Energy Agency (IEA), in the Paris Agreement, it was stated that 600 million electric vehicles will be on roads by 2040, which will aid in bringing global warming to below 2°C. In 2018, the total number of global electric vehicles on road exceeded 5.1 million, up from 2 million from the previous year. According to the Global EV Outlook 2018 report, the sales of plug-in and battery-powered vehicles is expected to increase by 60%, globally in 2018. For instance, in the U.S., 1.1 million units of EV were sold in 2018. Get PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/1088

4. REPORT DESCRIPTION Automotive Embedded Systems Market – Key Players • Robert Bosch GmbH • Panasonic Corporation • Toshiba • Continental AG • Denso Corporation Read More @ https://www.coherentmarketinsights.com/market-insight/automotive-embedded-systems-market-1088

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