Global In-Vehicle Computer System Market, By Vehicle Type (Passenger Car, Commercial Vehicle), Offering (Hardware, Software), Memory Size (Up to 8 GB, 16 GB, 32 GB, Above), Application (Safety Computers, Performance Computers, Diagnostic Computers, Convenience Computers), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia Pacific, South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa) - Industry Trends and Forecast to 2029.
Market Analysis and Insights of In-Vehicle Computer System Market
Data Bridge Market Research analyses that the in-vehicle computer system market would exhibit a CAGR of 13.10% for the forecast period of 2022-2029. Growing number of passengers on daily basis especially in the developing economies, increased adoption of advanced automotive manufacturing technologies, growth and expansion of automotive industry especially in the developing economies and surging integration of systems of advanced passenger security and safety systems in the vehicles are the major factors attributable to the growth of in-vehicle computer system market. Therefore, the market value is projected to reach USD 1.65 billion by 2029.
From the name itself, it is clear that in-vehicle computer systems are the intelligent technological systems, installed in the automobiles to enjoy a wide range of benefits such as infotainment, fleet management, telematics, video surveillance and much more.
Growth in the level of investments for research and development activities and upsurge in the public and private partnership for the development of automotive infrastructure will foster in growth in the market value. Rising availability of new-age connectivity services and growing installation of real time geographical position systems will also create lucrative growth opportunities for the market. Growing need of customised solutions for specialised vehicles, surging rate of manufacturing of commercial and passenger vehicles, growth in the adoption of internet of things enabled smart transportation especially in the developing economies, rising demand for intelligent cruise controls, prevalence of advanced services such as predictive vehicle maintenance and growing initiatives regarding smart public transit will also foster the market growth.
However, lack of technological expertise in the developing and underdeveloped economies will pose a major challenge to the market growth rate. High costs involved with technological innovations and research and development proficiencies, complexities associated with the systems, high initial investment required and dearth of required advanced infrastructural facilities in the underdeveloped regions will hamper the market growth rate. Further, slow rate of growth of the underdeveloped economies, rising data security concerns and easy availability of product substitutes will also restrict the scope of growth for the market.
This global in-vehicle computer system market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on in-vehicle computer system market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global In-Vehicle Computer System Market Scope and Market Size
The global in-vehicle computer system market is segmented on the basis of vehicle type, offering, memory size and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- In-vehicle computer system market on the basis of vehicle type has been segmented as passenger car, and commercial vehicle.
- Based on offering, the in-vehicle computer system market has been segmented into hardware, and software. Hardware has been further segmented into display screen, processing unit, and others. Software has been further segmented into windows, and linux.
- On the basis of memory size, the in-vehicle computer system market has been segmented into up to 8 GB, 16 GB, 32 GB and above.
- On the basis of application, the in-vehicle computer system market has been segmented into safety computers, performance computers, diagnostic computers, and convenience computers.
In-Vehicle Computer System Market Country Level Analysis
The global in-vehicle computer system market is segmented on the basis of vehicle type, offering, memory size and application.
The countries covered in the in-vehicle computer system market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America region dominates the in-vehicle computer system market and will continue to flourish its trend of dominance during the forecast period owing to the rising demand of autonomous driving systems. Asia-Pacific will score the highest growth rate during this period owing to the surging demand for passenger vehicles, increasing awareness about the benefits of these systems, surging focus towards the integration of passenger safety systems in both commercial and passenger vehicles, rising disposable income of the people in India and China, growing urbanization and industrialisation and growth and expansion of automotive industry in this region.
The country section of the in-vehicle computer system market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and In-Vehicle Computer System Market Share Analysis
The in-vehicle computer system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to in-vehicle computer system market.
Some of the major players operating in the in-vehicle computer system market are Kontron, Lanner., Axiomtek Co., Ltd., IBASE Technology Inc., SINTRONES TECHNOLOGY CORP., Acrosser Technology Co., Ltd., Premio Inc., IEI Integration Corp., JLT Mobile Computers AB, SD-OMEGA (Hong Kong) Co., Ltd, OnLogic, NEXCOM International Co., Ltd., Avalue Technology Inc., Neousys Technology, ADLINK Technology Inc., WINSONIC ELECTRONICS CO., LTD., AAEON Technology Inc., ZF Friedrichshafen AG, and roda computer GmbH among others.
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