North America Automotive Embedded System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Software and Hardware), Component (Memory Devices, Microcontrollers, and Sensors and Drivers), and Application (Powertrain and Chassis Control, Body Electronics, and Multimedia and Integrated Systems/Services)
The automotive embedded system market in North America is expected to grow from US$ 899.51 million in 2021 to US$ 1,374.26 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028.
The US, Canada, and Mexico are major economies in North America. The electrification of transportation has been one of the primary developments of the 21st century. According to Forbes, North America sales of electric vehicles (EVs) increased by 65% from 2017 to 2018, reaching 2.1 million vehicles, and the sales numbers remaining stable in 2019. Governments across the region are introducing various policies and taking initiatives to encourage the use of electric cars. Governments have also started a number of projects in collaboration with private businesses to build charging infrastructure. These activities are contributing to the growth of the North America electric vehicle sector, thus increasing the demand for embedded systems to build these cars.
Rising fuel prices and fossil fuel reserve depletion have prompted a shift to renewable energy sources. Automotive players are manufacturing new electric car models, which are gaining appeal among customers. Furthermore, fleet owners of commercial vehicles are recognizing the cost-savings associated with using electric cars and are replacing their older vehicles with electric vehicles. The reduced operating costs of electric automobiles are a major factor bolstering the North America electric vehicle sector, which is, in turn, boosting the automotive embedded system market.
North America is known for the highest rate of adoption of advanced technologies due to favorable government policies to boost innovation and strengthen infrastructure capabilities. As a result, any factor affecting the performance of industries in the region hinders its economic growth. Currently, the US is the world's worst-affected country due to the COVID-19 outbreak, Government authorities of various states in the country imposed several limitations on industrial, commercial, and public activities in 2020 to control the spread of infection. However, customers have returned to dealership floors as pandemic-related restrictions have relaxed in certain places. For the time being, several platforms, both real and virtual, exist alongside one another, complementing and competing with one another. Tesla, along with other early adopters such as Porsche, Volkswagen, and Volvo, is at the forefront of selling outside of a dealer showroom. Despite the COVID-19 breakdown, the North American automotive sector is catching up, which is a favorable indicator for automotive embedded system makers.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America automotive embedded system market. The North America automotive embedded system market is expected to grow at a good CAGR during the forecast period.
North America Automotive Embedded System Market Revenue and Forecast to 2028 (US$ Million)
Get more information on this report :
North America Automotive Embedded System Market Segmentation
North America Automotive Embedded System Market – By Type
- Software
- Hardware
North America Automotive Embedded System Market – By Component
- Memory Devices
- Microcontrollers
- Sensor and Drivers
North America Automotive Embedded System Market – By Application
- Powertrain & Chassis Control
- Body Electronics
- Multimedia and Integrated Systems/Services
North America Automotive Embedded System Market, by Country
- US
- Canada
Mexico
North America Automotive Embedded System Market - Companies Mentioned
- Continental AG
- Denso Corporation
- Garmin Ltd.
- Harman International
- Infineon Technologies AG
- Mitsubishi Electric Corporation
- NXP Semiconductors.
- Panasonic Corporation
- Robert Bosch GmbH
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Automotive Embedded System Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Automotive Embedded System Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Electric Vehicles
5.1.2 Surging Demand for Infotainment
5.2 Market Restraints
5.2.1 Issues Associated with Durability of Embedded Systems
5.3 Market Opportunities
5.3.1 Upcoming of Self-Driving Cars
5.4 Future Trends
5.4.1 Implementation of AI
5.5 Impact Analysis of Drivers and Restraints
6. Automotive Embedded System – North America Market Analysis
6.1 North America Automotive Embedded System Market Overview
6.2 North America Automotive Embedded System Market Revenue Forecast and Analysis
7. North America Automotive Embedded System Market Analysis – By Type
7.1 Overview
7.2 North America Automotive Embedded System Market, By Type (2020 And 2028)
7.3 Software
7.3.1 Overview
7.3.2 Software: Automotive Embedded System Market Revenue and Forecast To 2028 (US$ Million)
7.4 Hardware
7.4.1 Overview
7.4.2 Hardware: Automotive Embedded System Market Revenue and Forecast To 2028 (US$ Million)
8. North America Automotive Embedded System Market Analysis – By Component
8.1 Overview
8.2 North America Automotive Embedded System Market, By Component (2020 And 2028)
8.3 Memory Devices
8.3.1 Overview
8.3.2 Memory Devices: Automotive Embedded System Market Revenue and Forecast To 2028 (US$ Million)
8.4 Microcontrollers
8.4.1 Overview
8.4.2 Microcontrollers: Automotive Embedded System Market Revenue and Forecast To 2028 (US$ Million)
8.5 Sensors and Drivers
8.5.1 Overview
8.5.2 Sensors and Drivers: Automotive Embedded System Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Automotive Embedded System Market Analysis – By Application
9.1 Overview
9.2 North America Automotive Embedded System Market, By Application (2020 and 2028)
9.3 Powertrain & Chassis Control
9.3.1 Overview
9.3.2 Powertrain & Chassis Control: Automotive Embedded System Market Revenue and Forecast To 2028 (US$ Million)
9.4 Body Electronics
9.4.1 Overview
9.4.2 Body Electronics: Automotive Embedded System Market Revenue and Forecast To 2028 (US$ Million)
9.5 Multimedia and Integrated Systems/Services
9.5.1 Overview
9.5.2 Multimedia and Integrated Systems/Services: Automotive Embedded System Market Revenue and Forecast To 2028 (US$ Million)
10. North America Automotive Embedded System Market – Country Analysis
10.1 Overview
10.1.1.1 US: Automotive Embedded System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Automotive Embedded System Market, by Type
10.1.1.1.2 US: Automotive Embedded System Market, by Component
10.1.1.1.3 US: Automotive Embedded System Market, by Application
10.1.1.2 Canada: Automotive Embedded System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Automotive Embedded System Market, by Type
10.1.1.2.2 Canada: Automotive Embedded System Market, by Component
10.1.1.2.3 Canada: Automotive Embedded System Market, by Application
10.1.1.3 Mexico: Automotive Embedded System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Automotive Embedded System Market, by Type
10.1.1.3.2 Mexico: Automotive Embedded System Market, by Component
10.1.1.3.3 Mexico: Automotive Embedded System Market, by Application
11. North America Automotive Embedded System Market - COVID-19 Impact Analysis
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. Automotive Embedded System Market-Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 Continental AG
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Denso Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Garmin Ltd.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Harman International
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 INFINEON TECHNOLOGIES AG
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Mitsubishi Electric Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 NXP Semiconductors.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Panasonic Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Robert Bosch GmbH
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America Automotive Embedded System Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Automotive Embedded System Market Revenue Share, by Key Country (2020 and 2028)
Table 3. US: Automotive Embedded System Market, by Type–Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Automotive Embedded System Market, by Component–Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Automotive Embedded System Market, by Application–Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Automotive Embedded System Market, by Type–Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Automotive Embedded System Market, by Component–Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Automotive Embedded System Market, by Application–Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Automotive Embedded System Market, by Type–Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Automotive Embedded System Market, by Component–Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Automotive Embedded System Market, by Application–Revenue and Forecast to 2028 (US$ Million)
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Automotive Embedded System Market Segmentation
Figure 2. North America Automotive Embedded System Market Segmentation – By Country
Figure 3. North America Automotive Embedded System Market Overview
Figure 4. North America Automotive Embedded System Market, By Type
Figure 5. North America Automotive Embedded System Market, By Component
Figure 6. North America Automotive Embedded System Market, By Application
Figure 7. North America Automotive Embedded System Market, By Country
Figure 8. North America PEST Analysis
Figure 9. North America Automotive Embedded System Market- Ecosystem Analysis
Figure 10. North America Automotive Embedded System Market Impact Analysis of Drivers and Restraints
Figure 11. North America Automotive Embedded System Market Revenue Forecast and Analysis (US$ Million)
Figure 12. North America Automotive Embedded System Market, By Type (2020 And 2028)
Figure 13. North America Software: Automotive Embedded System Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Hardware: Automotive Embedded System Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Automotive Embedded System Market, By Component (2020 and 2028)
Figure 16. North America Memory Devices: Automotive Embedded System Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Microcontrollers: Automotive Embedded System Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Sensors and Drivers: Automotive Embedded System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Automotive Embedded System Market, By Application (2020 and 2028)
Figure 20. North America Powertrain & Chassis Control: Automotive Embedded System Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Body Electronics: Automotive Embedded System Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America Multimedia and Integrated Systems/Services: Automotive Embedded System Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America: Automotive Embedded System Market, by Key Country– Revenue (2020) (US$ Million)
Figure 24. North America: Automotive Embedded System Market Revenue Share, by Key Country (2020 and 2028)
Figure 25. US: Automotive Embedded System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Canada: Automotive Embedded System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Mexico: Automotive Embedded System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Impact of COVID-19 Pandemic in North American Country Markets
- Continental AG
- Denso Corporation
- Garmin Ltd.
- Harman International
- Infineon Technologies AG
- Mitsubishi Electric Corporation
- NXP Semiconductors.
- Panasonic Corporation
- Robert Bosch GmbH
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America automotive embedded system market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America automotive embedded system market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the automotive embedded system market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution