Automotive Operating Systems Market Expected To Reach $ 41 Billion By 2027
DALLAS, TEXAS, USA, Nov 2, 2021 /EINPresswire.com/ – The automotive operating systems market was valued at $ 25 billion in 2020 and is expected to reach $ 41 billion by 2027, registering a CAGR of around 8% during the forecast period (2021 – 2027).
The software that acts as the interface between the computer hardware and the end user is called an operating system. Operating systems have been used in cars for years, from in-car entertainment menus built into early digital stereos to satellite navigation systems that exist in new cars these days.
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Impact of COVID-19
The global automotive operating systems market is faced with an excess of challenges. Travel ban and quarantines, shutdown of indoor / outdoor activities, temporary closure of business operations, fluctuations in demand for supply, volatility in stock markets, declining business insurance and many uncertainties have a destructive impact on business dynamics.
The North American market is expected to account for a key revenue share of the global automotive operating systems market due to the growing demand for the automotive industry. Customer demand for autonomous vehicles is a growing demand for improved and efficient vehicle operating systems. The Asia-Pacific region market is also expected to account for a large share of the target market due to the growing sales of passenger vehicles. Countries like China and India are seeing high sales of passenger vehicles due to the increasing disposable income of the masses.
The major players in the automotive operating systems market are AUTOSAR, ArcherMind Technology (Nanjing) Co., Ltd., Automotive Grade Linux, Baidu, Inc., BlackBerry Limited, BMW AG (Bayerische Motoren Werke AG), Continental AG, Ford Motor Company, General Motors Company, GENIVI Alliance, Android (Alphabet Inc.), Green Hills Software LLC, Mentor Graphics Corporation, Mercedes-Benz AG (Daimler AG), Microsoft Corporation, MONTAVISTA SOFTWARE, LLC
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By type of operating system
â¢ Windows Embedded Automobile 7
By ECU function
â¢ Comfort and body control
â¢ Security and ADAS
By vehicle type
â¢ Passenger vehicles
Full size cars
â¢ Commercial vehicles
â¢ North America
â¢ Latin America
â¢ Asia Pacific
â¢ Middle East and Africa
In May 2021, Hanon Systems completed the acquisition of the capacitor business from Keihin Corporation for certain operations in Europe and North America.
In March 2021, Hanon Systems began construction of its fifth plant in Korea. The facility will produce a range of solutions, including heat pump modules and coolant valve assemblies, to support Hyundai’s Genesis brand and Ioniq 5 model electric vehicles.
In December 2019. Denso added 121 original equipment (OE) quality references to its thermal management range. It consists of 39 radiators, 76 condensers and six cabin fans, which are linked to 342 OE numbers and cover an additional 2,300 vehicles. These latest references illustrate the availability and variety of the fleet of vehicles that Denso prides itself on.
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