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Automotive OS Market worth over $14 Bn by 2030
- Published Date: September 29, 2022
Automotive OS Market size is anticipated to cross USD 14 billion by 2030, according to a new research report by Global Market Insights Inc.
Mounting adoption of novel technologies, such as VR and connected cars, is likely to drive market growth. Since the integration of innovative technologies requires a complex structure to be fitted into the automotive infrastructure, automakers are opting for IoT to gain a competitive edge by capitalizing on prevalent trends in automotive technology and design. This is also aiding UI/UX designers in building intelligent infotainment systems that offer live service status appointments, personalized service reminders, and convenient e-payment options. These technologies are augmenting the development of advanced user interfaces, thereby impelling automotive OS market expansion.
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Booming demand for Linux OS to boost market share
The Linux segment is poised to depict a growth rate of nearly 15% through 2030. The demand for rapid innovation in software-centric in-vehicle designs has made open source, Linux-based platforms, and cloud-native development key components of the automotive value chain. Moreover, the surging emphasis of manufacturers on accommodating consumer demands for superior connected automobile experiences and new infotainment systems are set to propel product demand.
Lack of regulatory framework may impede market development
Key participants operating in the automotive OS market employ their proprietary operating systems for various vehicle procedures. The lack of a regulatory framework and standard regulations makes it difficult for software developers to comply with regulatory requirements in software platforms. As a result, this aspect is speculated to restrict business growth. However, increased government focus on introducing autonomous vehicles would bring about improvements in the regulatory scenario of the automotive sector, which is foreseen to help developers tackle this shortfall.
Browse key industry insights spread across 489 pages with 617 market data tables and 43 figures & charts from the report “Automotive Operating Systems Market Size By OS type (Android, Linux, QNX, Windows Embedded Automotive 7), By Vehicle Type (Passenger Vehicle [Compact Cars, Sub-Compact Cars, Mid-size Cars, Full Size Cars], Commercial Vehicle [Trailers, Buses, Truck, Heavy Equipment]), By ECU Function (Powertrain, Body Comfort & Control, Infotainment, Communication, Safety & ADAS), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2030” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/automotive-operating-systems-market
Increasing application of powertrains in EVs to impact segment share
The automotive operating systems industry share from the powertrain ECU function segment is projected to register gains of around 10% from 2022 to 2030. A quality powertrain is essential for a vehicle to enhance efficiently. The escalating need for the integration of different hardware components with software for the conversion of power supplied by the engine into movement is bolstering the demand for powertrain, which is stimulating the revenue of the powertrain segment.
Growing demand for EVs to accelerate the growth of the passenger vehicle segment
The passenger vehicles segment captured above 80% of the automotive OS market share in 2021 and is expected to grow exponentially through 2030. Growing passenger car sales, coupled with advancements in ADAS systems and increasing adoption of EVs in countries viz., Germany, the Netherlands, France, Sweden, Norway, and the UK, are the major factors encouraging product uptake in passenger vehicles.
Burgeoning investments by automakers to supplement mid-size car segment growth
The mid-size cars segment is slated to expand at a CAGR of more than 15% from 2022 to 2030. The proliferation of advanced technologies and massive investment by automakers in the development of automotive operating systems for various types of mid-size automobiles, such as sedans, coupes, station wagons, hatchbacks, and convertibles, are foreseen to facilitate segment growth.
Government initiatives to promote product adoption in Europe
The Europe automotive OS market is set to account for approximately 20% of the revenue share by 2030. Emerging trends in the automotive sector, such as connected automobiles, driverless vehicles, and human interfaces, are supporting the growth of the automotive OS industry in European countries. Increasing investments by regional governments and authorities toward the development of road and telecommunications infrastructure to help autonomous vehicles better connect with their surroundings are predicted to fuel regional market.
Strategic partnerships to define the competitive landscape
Companies functioning in the automotive OS market include AUTOSAR, General Motors Company, Automotive Grade Linux, BlackBerry Limited, Android (Alphabet Inc.), BMW AG (Bayerische Motoren Werke AG), ArcherMind Technology (Nanjing) Co., Ltd., MONTAVISTA SOFTWARE, LLC, GENIVI Alliance, Ford Motor Company, Tesla Inc., Green Hills Software LLC, Mercedes-Benz AG, Microsoft Corporation, Thunder Software Technology Co., Ltd, Toyota Motor Corporation, and Volkswagen AG, among others. These firms are frequently taking efforts, including collaborations and service portfolio expansions, as well as the use of new technologies for creative product releases, in order to expand their global reach.
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