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Major companies operating in the automotive embedded system market are :
These companies are majorly focus on launching new automotive embedded system solutions for different applications
The market size of automotive embedded system reached USD 29.1 billion in 2022 and is set to register 8% CAGR through 2023-2032, due to the growing consumer need for enhanced infotainment, connectivity, and in-car entertainment experiences worldwide.
The software segment recorded 70% of the market share in 2022, impelled by the high demand for advanced driver assistance systems (ADAS), automotive infotainment, connectivity, and autonomous driving.
Some of the influential automotive embedded system companies are Denso, Valeo, Mitsubishi Electric, Infineon Technologies, Continental AG, Texas Instruments, Magna International, Harman International, Toshiba, Hella KGaA Hueck & Cc, and Panasonic.
Asia-Pacific registered 35% share of the automotive embedded system industry in 2022, due to the expanding manufacturing capabilities, technological expertise, and government initiatives in the region.