Automotive Hypervisor Market By Level of Autonomous Driving (Semi-Autonomous and Autonomous); End-User (Economy, Mid-Price, and Luxury), Type (Type 1 and Type 2), Vehicle Type (Passenger Cars, Light and Heavy Commercial Vehicles): Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026578 | Pages: 100 | Industry: Automotive and Transportation | Date: Oct 2022 | Type: Global

The market crossed US$ 0.2 billion mark in 2022 and is expected to hit US$ 0.8 billion by 2030, recording a CAGR of 39.5% during the forecast period.

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Automotive Hypervisor Market is Surging with demand for Integration of various automotive applications to support centralized function

Hypervisor technology is anticipated to play a critical part in the development of autonomous vehicles and mobility services. ADAS has already proved a powerful system and resumes to be upgraded with improved performances. Due to the advancement in the penetration of V2V, and V2I elements, demand in the hypervisor market is predicted to rise. Different players are funding, especially in the development of autonomous and semi-autonomous technologies. For instance, Tesla also started the production of vehicles, including the Model 3, which has the hardware required for full self-driving capabilities at a safety level significantly superior to a human driver.

The Automotive Hypervisor Market is experiencing a rise in Luxury vehicle Segment

The luxury vehicle market is likely the largest segment of the automotive hypervisor market. Hypervisor technology mostly finds its application in luxury vehicles since its development cost is always higher. The luxury vehicles are equipped with advanced safety, comfort, and convenience features, making the embedded technology of the luxury vehicles more complex with large hardware content.

Advanced embedded technology is one of the Major Factors Accelerating Automotive Hypervisor Market growth.

Autonomous cars have evolved a strong focal point for automotive stakeholders. They have invested billions of dollars and their best resources in making autonomous cars a reality. Currently, a vehicle is equipped with various electronic components to sense its environment and exchange signals with entities outside it. The entire communication process with external entities has underlined the need to generate a significant amount of data, which is useful in implementing machine learning with algorithms in the vehicle's computer system.

Recent strategic developments in the Automotive Hypervisor Market

The Automotive Hypervisor market has undergone several significant developments, and a few of these have been mentioned below:

  • In April 2020, BlackBerry established the QNX Black Channel Communications Technology, a software solution that OEMs and embedded software developers can use to provide safe data communication exchanges with critical safety..
  • In January 2020, NXP Semiconductors announced the launch of a multi-gigabit Ethernet controller created to help automakers deliver high-speed grids required for evolving related cars

Several players drive the Automotive Hypervisor market by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. DENSO CORPORATION; Green Hills Software; LUXOFT; Mentor; NXP Semiconductors; Renesas Electronics Corporation; Sasken Technologies Ltd; TCL Communication; Visteon Corporation; Wind River Systems, Inc.. are among the prominent players operating in the Automotive Hypervisor Market.

The target audience for the report:

  • Raw material providers
  • Automotive Hypervisor Manufacturers
  • Automotive Hypervisor service providers
  • Lawn Mowe-related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policymakers
  • Venture capitalists, private equity firms, and start-up companies
  • Automotive Hypervisor component suppliers
  • Automotive Hypervisor and components distributors and sales firms
  • End users of Electric Vehicle
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the Automotive Hypervisor market has been segmented based on:

  • By Autonomos Driving:
  • Semi-Autonomous
  • Autonomous
  • By End-User :
  • Economy
  • Mid-Price
  • Luxury.
  • By Type :
  • Type 1
  • Type 2
  • By Vehicle Type :
  • Passenger Cars
  •  Light
  • Heavy Commercial Vehicles.
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • Rest of World
  • Companies profiled
    •   Green Hills Software
    •   LUXOFT
    •   Mentor
    •   NXP Semiconductors
    •   Renesas Electronics Corporation
    •   Sasken Technologies Ltd
    •   TCL Communication
    •   Visteon Corporation
    •   Wind River Systems, Inc.

The List of Companies
- Green Hills Software
- Mentor
- NXP Semiconductors
- Renesas Electronics Corporation
- Sasken Technologies Ltd
- TCL Communication
- Visteon Corporation
- Wind River Systems, Inc.

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