What Are The Embedded Systems in Automobiles?

The global embedded systems market is expected to grow decent CAGR. Embedded systems are application-specific systems that are designed to meet the requirements of the target system in which they are embedded. Growing demand for devices such as smart electricity meters is expected to drive the global embedded system in automobile market over the forecast period. This is mainly because these devices incorporate embedded systems in order to ensure accurate and desired functionality.

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The List of Companies

1. BorgWarner Inc
2. Continental AG
3. Denso Corporation
4. Harman International
5. Infineon Technologies AG
6. Mitsubishi Electric Corporation
7. Panasonic Corporation
8. Robert Bosch GmbH
9. Texas Instruments Incorporated
10. Toshiba Corporation

The demand for smart meters is expected to continue increasing over the forecast period which is making a positive impact on embedded system in automobile market. Technological advancement, as well as decreasing prices of microcontroller units, is also expected to favorably impact the embedded system in automobile market over the forecast period. Embedded systems are used in numerous end-use industries; as a result, increasing demand from application areas such as healthcare and consumer electronics is expected to fuel market growth over the next six years

The global Embedded Systems in Automobiles market is segmented on the basis of type, component, and vehicle type. On the basis of type, market is segmented as Embedded Hardware, and Embedded Software. On the basis of component, market is segmented as Sensors, Microcontrollers (MCU), Transceivers, and Memory Devices.On the basis of vehicle type, market is segmented as passenger cars, and commercial vehicles.

Source: The Insight Partners