Automotive Software Market - By Electric Vehicle (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), and Plug-In Hybrid Electric Vehicle (PHEV)), By Vehicle Type (Passenger Vehicles, Commercial Vehicles, and Heavy Commercial Vehicles) By Application (ADAS & Safety Systems, Body Control & Comfort Systems, Powertrain Systems, Infotainment Systems, and Communication Systems & Telematics Systems)-Global Industry Analytics, COVID-19 Business Impact, and Trends, 2020 – 2029

  • TBI812878
  • July 24, 2020
  • Global
  • 132 pages
  • SAC Insights
                                              

Abstract

The global automotive software market was evaluated at 18.70 (USD Billion) in 2018 and is projected to be valued at 61 (USD Billion) by 2025 at a CAGR of 18.4% during the timespan from 2019 to 2025. The report offers valuation and analysis of the automotive software market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, opportunities, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion). Key Growth Drivers Automotive software is slated to transform the dynamics of the automotive industry. Moreover, the product is likely to create value for the vehicles in the coming years. The industry is set to record robust growth in the coming decade. The launching of autonomous cars is likely to boost the demand for automotive software. In the ensuing years, myriad electronic components and embedded software systems of the car will operate in synchronization. Moreover, the key car manufacturers have added new features like internet-based navigation service and infotainment systems in the cars. Moreover, the industry behemoths are focusing on adding new features to the automotive software that can be upgraded in real-time as per the Vehicle Type  demand & requirement. This will steer the growth of the automotive software industry in the years ahead. Furthermore, it is more likely that the car manufacturers will adopt a systems engineering approach for updating the software as per the wants of the consumer, thereby propping up the automotive software market demand over the forthcoming years. Apparently, advanced driver-assistance systems require smart software algorithms for assisting them in taking corrective action for guaranteeing passenger security. This will enlarge the scope of the automotive software industry over the forthcoming years. European Market To Accrue Enormous Returns Over 2019-2025 The growth of the regional market over the forecast period is owing to the huge presence of key industry players in the continent. Apart from this, large-scale use of the advanced driver assistance system in vehicles by manufacturers is set to further embellish the expansion of the automotive software industry over the forecast timeline. Key players profiled in the report include BlackBerry, NXP Semiconductors N.V., Elektrobit, Renesas Electronics Corporation, Microsoft Corporation, NVIDIA Corporation, Green Hills Software, Airbiquity Inc., and Wind River. The global automotive software market is segmented as follows: By Electric Vehicle Battery Electric Vehicle (BEV) Hybrid Electric Vehicle (HEV) Plug-In Hybrid Electric Vehicle (PHEV) By Vehicle Type Passenger Vehicles Commercial Vehicles Heavy Commercial Vehicles By Application ADAS & Safety Systems Body Control & Comfort Systems Powertrain Systems Infotainment Systems Communication Systems & Telematics Systems By Region North America The U.S. Canada Mexico Rest of North America Europe France The UK Spain Germany Italy Nordic Countries Denmark Finland Iceland Sweden Norway Benelux Union Belgium The Netherlands Luxembourg Rest of Europe Asia Pacific China Japan India New Zealand Australia South Korea Southeast Asia Indonesia Thailand Malaysia Singapore Rest of Southeast Asia Rest of Asia Pacific The Middle East & Africa Saudi Arabia UAE Egypt Kuwait South Africa Rest of Middle East & Africa Latin America Brazil Argentina Rest of Latin America

Table of Contents
                    
                    
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	Chapter 1. Preface
	
		1.1. Report Description and Scope
		1.2. Research Scope
		1.3. Research Methodulogy
		
			1.3.1. Market Research Process
			1.3.2. Market Research Methodulogy
		
		
	
	
	Chapter 2. Executive Summary
	
		2.1. Automotive Software Market, 2016–2025 (USD Billion)
		2.2. Automotive Software Market: Snapshot
	
	
	Chapter 3. Global Automotive Softwar
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