The Asia-Pacific automotive embedded systems market growth is anticipated to progress at a CAGR of 5.77% during the forecast period, 2022-2030, and is predicted to garner a revenue of $23427.53 million by 2030.

The automotive embedded systems market growth in Asia-Pacific is accredited to the increasing demand for integrated systems due to the rising need for eco-friendly and vehicle security technologies. Also, trends like the ‘Internet of Cars’ that supplement connectivity through technology-enabled automobiles and digitalization offer growth opportunities for the analyzed market.

Further, embedded systems are gaining popularity in budget cars. However, the Asia-Pacific automotive embedded systems market growth is hindered by the limited adoption of infotainment systems due to the increasing frequency of accidents.

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The Asia-Pacific automotive embedded systems market growth evaluation includes the assessment of Malaysia, Japan, India, China, Taiwan, South Korea, Thailand, Vietnam, Indonesia, and Rest of Asia-Pacific. In China, the market growth is attributed to the increasing number of intelligent vehicles and the development of integrated solutions. Also, automotive modular systems are being developed to meet the demand for swift development cycles for new models. This is because modular systems minimize production and R&D costs while accelerating new models’ development cycle. At the same time, it helps unify the total strength and quality standards of products.

Further, in South Korea, the presence of research & development institutes is projected to improve the use of integrated automotive solutions, which, in turn, is set to benefit the automotive embedded systems market growth. In addition, many companies are launching vehicles with advanced technological features. Besides, the rising commercial vehicle and passenger car sales are also expected to boost the adoption of automotive embedded systems.

In Thailand, the electronics market growth has facilitated the relocation of several international investor bases for the production of electronic components. In addition, the country is among the leading production hubs for semiconductors and integrated circuits (ICs) in the ASEAN region. Besides, eminent market players like Western Digital, Samsung, Sony, Seagate, LG Electronics, and Fujitsu have built facilities for a vast range of activities, including research & development, testing, assembly, and production. Such factors drive market growth in these countries.

The Asia-Pacific automotive embedded systems market scope includes component, vehicle, application, and type. The vehicle segment includes commercial vehicles and passenger cars.

The rising sales of commercial vehicles benefit the automotive embedded systems market growth. As per industry statistics, approximately 26.3 million commercial vehicles were sold globally in 2021. Also, light commercial vehicle (LCV) and medium and heavy commercial vehicle (MHCV) sales rebounded in 2021. In addition, the MHCV sales volume is expected to increase considerably due to the high demand from infrastructure sectors, including cement, steel, mining, highways, and construction.

Whereas the high expenditure on luxury vehicles and the growing consumer buying power boost the passenger car segment growth. The market expansion of passenger cars is due to the rising demand for fuel-efficient, lightweight cars. Such factors are estimated to propel the demand for automotive embedded systems with regad to the aforementioned segments.

Some of the prominent firms operating in the Asia-Pacific automotive embedded systems market include Samsung Electronics Co Ltd (Harman International), Robert Bosch GmbH, Renesas Electronics Corporation, Panasonic Corporation, etc.

Renesas Electronics Corp manufactures, develops, markets, and designs a vast variety of semiconductor products. It provides integrated circuits (ICs) for motor drivers, factory automation, and communications & mobile devices. Also, the company serves sectors like technology, personal electronics, industrial, high-performance computing, healthcare, automotive, etc. It has a business presence across Asia-Pacific, the Americas, and Europe, with headquarters in Koto-Ku, Tokyo, Japan.

The embedded system platform portfolio includes the R-IN platform for industrial, Renesas Autonomy Platform for automotive, Renesas Synergy platform for IoT, etc.

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