The global automotive embedded systems market revenue is expected to expand at a moderate CAGR over the forecast period. Increasing vehicle electrification in automobile industry is a key factor expected to drive growth of the global automotive embedded systems market over the forecast period.

The global automotive embedded systems market report has been segmented on the basis of type, component, vehicle type, application, and region. On the basis of type, the target market is segmented into embedded hardware and embedded software. On the basis of component, the target market is segmented into sensors, microcontroller unit (MCU), transceivers, and integrated circuits. The sensors component segment is expected to register significant share in terms of revenue over the forecast period, owing to increasing number of electric vehicles.

On the basis of vehicle type, the target market is segmented into internal combustion engines (diesel and gasoline vehicles) and electric vehicles (includes BEV, HEV, and PHEV). The electric vehicles vehicle type segment is expected to register significant share in terms of revenue over the forecast period, owing to increasing government policies regarding conventional fuels and pollution. On the basis of application, the target market is segmented into electrical and electronics, infotainment and telematics, powertrain and chassis, and advanced driver assistance systems.

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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is expected to register significant share in terms of revenue over the forecast period, owing to improved automotive industry and increasing consumer preference towards safety and comfort across various countries in this region.

Key players operating in the global automotive embedded systems market include Robert Bosch GmbH, Panasonic Corporation, Toshiba Corporation, Continental AG, Denso Corporation, Mitsubishi Electric Corporation, Delphi Automotive LLP, Texas Instruments Incorporated, Infineon Technologies AG, and Harman International Industries, Incorporated.

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