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Automotive Operating System Market by OS Type, ICE Vehicle Type, EV Application and Regional Competitive Landscape

08-02-2023 11:58 AM CET | Tourism, Cars, Traffic

Press release from: ReportsnReports

Automotive Operating System Market

Automotive Operating System Market

"Increase in demand for rear-seat entertainment, and rising adoption of ADAS technology by automotive OEMs are expected to boost the automotive operating system market growth."

The global automotive operating system market is projected to grow from USD 12.7 billion in 2022 to USD 25.8 billion by 2030, at a CAGR of 9.2%. Parameters such as increased demand for premium vehicles, along with growing advancement in infotainment systems are expected to bolster the revenue growth of the automotive operating system market during the forecast period. In addition, increasing sales of electric vehicles, paired with increasing focus inclination towards software-defined vehicles will create new opportunities for automotive operating system market during the forecast period.

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"ADAS & safety system segment is expected to be the largest market during the forecast period, by application."

The ADAS & safety systems segment has the largest market share among all the applications in the automotive operating system market. According to primary inputs, ADAS & safety systems have higher penetration rates in North America and Europe due to the improved infrastructure and strong government mandates towards safety systems in these regions. Government mandates and increasing awareness about vehicle safety are expected to fuel the demand for ADAS & safety systems across the globe. The implementation of regulations regarding the safety of vehicles, such as the UN Regulation on Advanced Emergency Braking Systems (AEBS) for cars, is expected to significantly improve road safety. The regulation has laid down technical requirements for the approval of vehicle-to-vehicle (V2V) and vehicle-to-pedestrian AEBS fitted on cars. Furthermore, in March 2022, the National Highway Traffic Safety Administration (NHTSA) issued a final rule amending the Federal Motor Vehicle Safety Standards for accounting vehicles equipped with automated driving systems. The rule is limited to crashworthiness standards.

"North America is expected to have significant growth during the forecast period."

The North American region is expected to have significant growth during the forecast period. The countries considered for the North American region include the US, Canada, and Mexico. The North American automotive industry is one of the most advanced in the world. The North American Free Trade Agreement (NAFTA) has fostered the growth of the automotive industry in the region. Home to the big three-Ford Motors, General Motors, and Fiat Chrysler Automobiles, the automotive market in the US has favored passenger cars with advanced comfort and safety technologies. The consistent increase in the sales of luxury vehicles is likely to positively impact the demand for self-driving cars in North America. The large customer base and high disposable income levels in the region have fueled the demand for premium passenger cars. The increasing demand for autonomous driving and cruise control in premium vehicles would boost the market for automotive operating systems in this region.

In the rapidly advancing landscape of automotive technology, the role of automotive operating systems has become increasingly vital. These specialized software platforms are the digital backbone that powers modern vehicles, orchestrating a symphony of functions and features that enhance safety, connectivity, and driving experience.

Automotive operating systems have evolved from simple control systems to complex, interconnected networks. They manage everything from engine performance and emissions to infotainment and driver assistance systems. This evolution has paved the way for innovative features like advanced driver assistance systems (ADAS), in-car entertainment, and even autonomous driving capabilities.

One key aspect of automotive operating systems is real-time responsiveness. These systems must process vast amounts of data from sensors, cameras, and other sources instantaneously, ensuring split-second decisions for optimal vehicle performance and passenger safety.

Furthermore, security is paramount in the design of automotive operating systems. As vehicles become more connected, they are vulnerable to cyber threats. Robust operating systems incorporate multiple layers of security to safeguard against potential breaches and unauthorized access.

Collaboration between automakers and software developers is crucial in shaping the future of automotive operating systems. Open-source platforms and standardized interfaces are gaining traction, enabling efficient development and integration of new features across different vehicle models and brands.

In conclusion, automotive operating systems represent the technological heartbeat of modern vehicles. Their evolution continues to redefine the driving experience, from enhanced safety features to cutting-edge entertainment options. As automotive technology advances, these operating systems will remain central to the seamless fusion of mechanics and digital innovation on the road.

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