Dublin, Jan. 08, 2021 (GLOBE NEWSWIRE) -- The "Global Automotive Software Market By Product, By Application, By Vehicle Type, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Automotive Software Market size is expected to reach $41.9 billion by 2026, rising at a market growth of 16.3% CAGR during the forecast period.
The automotive software is composed of programmable data instruction used for executing operations of computer-based in-vehicle applications. Automotive software is used for in-vehicle embedded systems. Computer-based in-vehicle applications include infotainment, body control and comfort, telematics, advanced driver assistance systems (ADAS), powertrain, communication and safety. The automotive industry is leading towards an era where cars can communicate with each other and to drivers.
There is an increasing demand for automotive software on account of increasing demand for advanced driver assistance system, rising demand for automated and electrified vehicles and increasing demand for vehicle application like automatic crash notification, remote vehicle diagnostics and emergency assistance. Although, the rising complexity in software architecture leads to high production cost for OEMs & suppliers that act as a restraint for the market growth. Additionally, the required installation of the e-call systems and the installation of rearview cameras in all the vehicles to reduce back-over accidents will boost the growth of the market in the near future.
By Product
Based on Product, the market is segmented into Application Software, Middleware and Operating System. The application software category accounted for the highest revenue in 2019, due to the huge adoption of software with different features in vehicles. Although, the operating system category is predicted to witness the highest growth rate during the forecast period, due to the increased implementation of advanced software in vehicles.
By Application
Based on Application, the market is segmented into Safety System, Infotainment & Telematics, Powertrain and Chassis. The infotainment & telematics system in vehicles is expected to record a remarkable growth rate during the forecast period due to its applications in vehicles in the nearby future.
By Vehicle Type
Based on Vehicle Type, the market is segmented into ICE Passenger Car, ICE Light Commercial Vehicle, Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle, ICE Heavy Commercial Vehicle, Hybrid Electric Vehicle and Autonomous Vehicles. The ICE passenger car counted for the major market share in 2019 due to the increased engine-based software installed in it.
By Region
Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. In terms of revenue, Europe dominated the market followed by Asia-Pacific, North America, and LAMEA. Asia Pacific is expected to showcase prominent growth during the forecast year.
The major strategies followed by the market participants are Product Launches and Partnerships. Based on the Analysis presented in the Cardinal matrix; Intel Corporation and Microsoft Corporation are the forerunners in the Automotive Software Market. Companies such as NXP Semiconductors N.V., Renesas Electronics Corporation, BlackBerry Limited, Robert Bosch GmbH, Airbiquity, Inc., NVIDIA Corporation, PTC, Inc., and Adobe, Inc. are some of the key innovators in the market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, NVIDIA Corporation, Renesas Electronics Corporation, Microsoft Corporation, Intel Corporation, Adobe, Inc., BlackBerry Limited, PTC, Inc. (Atego Systems, Inc.), NXP Semiconductors N.V. and Airbiquity, Inc.
Companies Profiled
- Robert Bosch GmbH
- NVIDIA Corporation
- Renesas Electronics Corporation
- Microsoft Corporation
- Intel Corporation
- Adobe, Inc.
- BlackBerry Limited
- PTC, Inc. (Atego Systems, Inc.)
- NXP Semiconductors N.V.
- Airbiquity, Inc.
Unique Offerings
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Key Topics Covered:
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Automotive Software Market, by Product
1.4.2 Global Automotive Software Market, by Application
1.4.3 Global Automotive Software Market, by Vehicle Type
1.4.4 Global Automotive Software Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Feb - 2020, Dec) Leading Players
Chapter 4. Global Automotive Software Market by Product
4.1 Global Automotive Software Application Software Market by Region
4.2 Global Automotive Software Middleware Market by Region
4.3 Global Automotive Software Operating System Market by Region
Chapter 5. Global Automotive Software Market by Application
5.1 Global Safety System Automotive Software Market by Region
5.2 Global Infotainment & Telematics Automotive Software Market by Region
5.3 Global Powertrain Automotive Software Market by Region
5.4 Global Chassis Automotive Software Market by Region
Chapter 6. Global Automotive Software Market by Vehicle Type
6.1 Global ICE Passenger Car Automotive Software Market by Region
6.2 Global ICE Light Commercial Vehicle Automotive Software Market by Region
6.3 Global Battery Electric Vehicle Automotive Software Market by Region
6.4 Global Plug-In Hybrid Electric Vehicle Automotive Software Market by Region
6.5 Global ICE Heavy Commercial Vehicle Automotive Software Market by Region
6.6 Global Hybrid Electric Vehicle Automotive Software Market by Region
6.7 Global Autonomous Vehicles Automotive Software Market by Region
Chapter 7. Global Automotive Software Market by Region
7.1 North America Automotive Software Market
7.2 Europe Automotive Software Market
7.3 Asia Pacific Automotive Software Market
7.4 LAMEA Automotive Software Market
Chapter 8. Company Profiles
8.1 Robert Bosch GmbH
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments
8.1.5.1 Partnerships, Collaborations, and Agreements
8.1.5.2 Acquisition and Mergers
8.1.5.3 Product Launches and Product Expansions
8.1.6 SWOT Analysis
8.2 NVIDIA Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.1 Recent strategies and developments
8.2.1.1 Partnerships, Collaborations, and Agreements
8.2.2 SWOT Analysis
8.3 Renesas Electronics Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments
8.3.5.1 Partnerships, Collaborations, and Agreements
8.3.5.2 Acquisition and Mergers
8.3.5.3 Product Launches and Product Expansions
8.4 Microsoft Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments
8.4.5.1 Partnerships, Collaborations, and Agreements
8.4.6 SWOT Analysis
8.5 Intel Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments
8.5.5.1 Partnerships, Collaborations, and Agreements
8.5.5.2 Acquisition and Mergers
8.5.6 SWOT Analysis
8.6 Adobe, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments
8.6.5.1 Partnerships, Collaborations, and Agreements
8.6.6 SWOT Analysis
8.7 BlackBerry Limited
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research and Development Expense
8.7.5 Recent strategies and developments
8.7.5.1 Partnerships, Collaborations, and Agreements
8.7.5.2 Product Launches and Product Expansions
8.8 PTC, Inc. (Atego Systems, Inc.)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments
8.8.5.1 Product Launches and Product Expansions
8.9 NXP Semiconductors N.V.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments
8.9.5.1 Partnerships, Collaborations, and Agreements
8.9.5.2 Product Launches and Product Expansions
8.9.5.3 Acquisition and Mergers
8.9.6 SWOT Analysis
8.10. Airbiquity, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments
8.10.2.1 Partnerships, Collaborations, and Agreements
8.10.2.2 Product Launches and Product Expansions
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