Automotive Software Management System Market: Current Analysis and Forecast (2021-2027)

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Emphasis on Application (ADAS & Safety Systems, Body Control & Comfort System, Powertrain System, Infotainment System, Vehicle Management & Telematics, Others); Vehicle Type (Passenger Vehicle and Commercial Vehicle); Software Layers (Operating System, Middleware, Application Software); Regions/Country

Published:

Feb-2022

Pages:

316

Table:

67

Figure:

146

Report ID:

UMAU21647

Geography:

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Report Description
Table of content
Research Methodology

Report Description

Automotive Software Management System Market
Automotive Software Management System Market


Automotive Software Management System Market is anticipated display a CAGR of around 8% over the forecast period (2021-2027).
Increasing disposable income has improved lifestyle of individuals, the trend has increased the overall demand for personal passenger cars with high-end electronics. Overall adoption of advanced technologies is expected to be high in the passenger car segment, owing to the higher production and sales of passenger cars globally, compared to other vehicles. To add on, automotive manufacturers around the world are focusing more on luxury passenger vehicles equipped with advanced features such as advanced driver assistance systems, advanced infotainment systems, enhanced body control and comfort, among others. Additionally, the overall demand for automotive software is expected to increase owing the advent of technologies such as autonomous driving and Internet of Things. In addition, growing concerns regarding vehicle & passenger safety have led to the increased adoption of intelligent transportation systems, globally.

Vehicle Automation Levels

Automotive Software Management System Market
Automotive Software Management System Market

 

Insights Presented in the Report

“Amongst Application, ADAS & Safety System category to Witness Strong Growth During the Forecast Period”

Based on application, the automotive software management system market is segmented into ADAS & safety systems, body control & comfort system, powertrain system, infotainment system, vehicle management & telematics, and others. Among these, ADAS & safety systems category to witness strong growth during the forecast period. This is mainly due to stringent regulations and compliance with upcoming safety mandates and increasing demand for semi-autonomous driving systems, globally. Major OEMs are embracing ADAS solutions to achieve higher safety ratings to attract more consumers. Hence, leading OEMs either standardize safety systems across the models or offer them as additional features. Thus, the increasing penetration of advanced driver assistance systems features will surge the demand for components such as cameras, radar sensors, ultrasonic sensors, and LiDAR and further supports the growth of the automotive software management systems market..

“Amongst Vehicle Type, Commercial Vehicle Segment to witness fastest growth”

Based on vehicle type, the market is segmented into passenger vehicle and commercial vehicle. Commercial vehicle category is expected to witness highest CAGR of during the forecast period owing to sustained economic activities coupled with increasing e-commerce activities, have bolstered the growth of the light commercial vehicle market. Furthermore, market players are investing heavily on the research and launch of advance systems for commercial vehicles, which is further expected to drive the market. In addition, the stringent government regulations and rise in adoption of cloud-based fleet management telematics solutions by fleet owners is further expected to drive the category’s growth.

“Among Software Layer, Operating System category will be propelled by increasing popularity of ADAS and other added features of luxury vehicles”

Based on software layer, the market is categorized into operating system, middleware, application software. Among these, operating system category to witness strong growth during the forecast period. Increasing demand for safety and comfort features in vehicles coupled with intervention of innovative technologies for advanced user interface is further expected to support market growth. Furthermore, the rapid growth in the integration of advance electronics in cars by various manufacturers has bolstered the demand for Android-based operating systems.

 “Asia-Pacific is expected to witness highest growth during the forecast period”

For a better understanding of the demand of Automotive Software Management System, the market is analyzed for major regions including North America (US, Canada, Rest of North America); Europe (Germany, UK, France, Italy, Rest of Europe); Asia-Pacific (China, Japan, South Korea, Rest of Asia-Pacific); and Rest of World. APAC to witness fastest growth in the global automotive Software Management System market during the forecast period owing to growing working population and expanding middle class population thus creating demand for new-age vehicles coupled with presence of a large pool of skilled & semi-skilled workforce and cost-effective manufacturing in countries like India and China. China is the largest automobile market in the world whereas India is the 5th largest automobile market in the world, surpassing Germany in terms of sales, as of 2020. Developing countries like China and India are major hub of manufacturing all types of auto components including automotive chips. Moreover, supportive policies from government is expected to further drive the demand for automotive chips by key automakers present in the region. For instance, in India, dedicated FAME II policy was launched to incentivize electric vehicle consumption and support manufacturing. In addition, 100% FDI allowed under automatic route for auto components sector.

Reasons to buy this report:

  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts
  • The report presents a quick review of overall industry performance at one glance
  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
  • The study comprehensively covers the market across different segments
  • Deep dive regional level analysis of the industry

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1.1.Market Definitions
1.2.Limitation
1.3.Stake Holders
1.4.Currency used in Report
2.1.Research Process of the Automotive Software Management System Market
2.2.Research Methodology of the Automotive Software Management System Market
2.3.Forecasting Method
2.4.Respondent Profile
2.5.Main Objective of the Automotive Software Management System Market Study
3MARKET SYNOPSIS

 

4EXECUTIVE SUMMARY

 

5AUTOMOTIVE SOFTWARE MANAGEMENT SYSTEM MARKET COVID-19 IMPACT
6AUTOMOTIVE SOFTWARE MANAGEMENT SYSTEM MARKET REVENUE (USD MN), 2019-2027F
7.1.ADAS & Safety Systems
7.2.Body Control & Comfort System
7.3.Powertrain System
7.4.Infotainment System
7.5.Vehicle Management & Telematics
7.6.Others
8.1.Passenger Vehicle
8.2.Commercial Vehicle
9.1.Operating System
9.2.Middleware
9.3.Application software
10.1.North America
 10.1.1.US
 10.1.2.Canada
 10.1.3.Rest of North America
10.2.Europe 
 10.2.1.Germany
 10.2.2.UK
 10.2.3.France
 10.2.4.Italy
 10.2.5.Rest of Europe
10.3.Asia-Pacific
 10.3.1.China
 10.3.2.Japan
 10.3.3.South Korea
 10.3.4.Rest of Asia-Pacific
10.4.Rest of World
11.1.Market Drivers
11.2.Market Challenges
11.3.Impact Analysis
12AUTOMOTIVE SOFTWARE MANAGEMENT SYSTEM MARKET OPPORTUNITIES
13AUTOMOTIVE SOFTWARE MANAGEMENT SYSTEM MARKET TRENDS
14.1.Demand Side Analysis
14.2.Supply Side Analysis
 14.2.1.Top Product Launches
 14.2.2.Top Business Partnerships
 14.2.3.Top Business Expansions
 14.2.4.Top Merger and Acquisitions
15VALUE CHAIN ANALYSIS
16.1.Porter’s Five Forces Analysis
 16.1.1.Bargaining power of Supplier
 16.1.2.Bargaining power of Buyer
 16.1.3.Industry Rivalry
 16.1.4.Availability of Substitute
 16.1.5.Threat of New Entrants
16.2.Competitive Landscape
17.1.Robert Bosch GmbH
17.2.NXP Semiconductors N.V.
17.3.Renesas Electronics
17.4.BlackBerry Limited
17.5.Nvidia Corporation
17.6.Airbiquity Inc.
17.7.Elektrobit Automotive GmbH
17.8.Green Hills Software
17.9.Intel Corporation
17.10.Microsoft Corporation
18DISCLAIMER

Research Methodology

Analyzing the historical market, estimation of the current market, and forecasting the future of the Automotive Software Management System Market were the three major steps undertaken to create and analyze the demand and sales of Software Management System across automotive sector globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were conducted, with industry experts across the value chain of the industry. Post assumption and validation of market numbers through primary interviews, we employed a bottom-up approach to forecast the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below.

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detailed secondary study was conducted to obtain the historical market size of the Automotive Software Management System through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the Automotive Software Management System, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments included in the report are Component, Software domain, ECU/DCU domain, Sensor domain, Power electronic domain, Other electronic domain, vehicle type. Further regional level analyses were conducted to evaluate the overall demand of Automotive Software Management System in global context.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size. Further, we conducted factor analysis using dependent and independent variables such as growing demand for premium and electric vehicle and technological advancement in the automotive sector etc. Historical trends and their year-on-year impact on the market size and share was analyzed. Demand and supply side scenario was also thoroughly studied.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Market, and market shares of the segments and company. All the required percentage split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., bottom-up approach was applied to arrive at the market forecast to 2027 for different segments and subsegments across the major regions globally. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of value (US$) and the demand of Automotive Software Management System across the major regions globally
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the Automotive Software Management System Market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market.

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major countries. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Automotive Software Management System Market
Automotive Software Management System Market

 

Market Engineering

Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the Automotive Software Management System market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of application, software layers, vehicle type, and region.

The main objective of the Automotive Software Management System Market Study

The current & future market trends of the Automotive Software Management System Market are pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends would determine the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of Automotive Software Management System in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments of the industry
  • Segments in the study include Component, Software domain, ECU/DCU domain, Sensor domain, Power electronic domain, Other electronic domain, vehicle type, and Regions
  • Defined analysis of the regulatory framework for the Automotive Software Management System industry
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors pertaining to the industry
  • Major regions analyzed in the report include North America (US, Canada, Rest of North America); Europe (Germany, UK, France, Italy, Rest of Europe); Asia-Pacific (China, Japan, South Korea, Rest of Asia-Pacific); and Rest of World. Define and analyze the competitive landscape of the Automotive Software Management System sector and the growth strategies adopted by the market players to sustain in the fast-growing market
  • Deep dive regional level analysis of the industry