The North America automotive embedded systems market is expected to register a CAGR of 4.33% during the forecast period, 2022-2030, and is projected to garner a revenue of $4523.56 million by 2030.

The automotive embedded systems market growth in North America is attributed to government incentives that facilitate the use of electric cars. For instance, in the United States, California grants reimbursements under the Clean Vehicle Rebate Project (CVRP).

Also, the governments in the region have initiated projects collaborating with private business entities to build charging infrastructure for electric vehicles. As a result, there is an increasing inclination toward electric vehicles, which, in turn, propels the demand for embedded systems.

To know more about this report, request a free sample copy

The North America automotive embedded systems market growth analysis includes the assessment of the United States and Canada. In the United States, the automotive sector is recording fast-paced growth with higher exports and capital growth. Also, logistic service providers and carmakers across the automotive industry are taking substantial market initiatives. For instance, Braidy Atlas collaborated with BMW for a sustainable aluminum supply to its US assembly plant. In addition, the former is set to build a rolling mill in Kentucky to produce 500,000 tonnes of flat-rolled aluminum products per year for the country’s transport and automotive sectors.

Furthermore, Fiat Chrysler Automobiles (FCA) unveiled its plan to build a new assembly plant and expand its production capacity in its five existing plants in the United States. Moreover, Genuine Parts Company, an automotive parts distributor, acquired the Henning Fahrzeugteile Group, a German parts supplier. Such market initiatives are evaluated to drive the United States automotive embedded systems market growth.

The segmentation analysis of the North America automotive embedded systems market includes vehicle, component, application, and type. The application segment includes multimedia and integrated systems/services, body electronics, and powertrain & chassis control.

Body control modules or body electronics are electronic networks of systems integrated into vehicles for certain functions. Modern vehicles have a large number of subsystems that perform safety functions, instrument diagnosis, and control functions. The vehicle body’s electronic components include monitoring circuits, communication relays, activators, sensor interfaces, and sensors. Also, with the advent of new functions and features in vehicles, there has been a surge in the body control module (BCM) complexity.

The powertrain is one of the most complicated systems in a car. The stringent pollution regulations to boost energy efficiency drive the growth of all-electric propulsion systems, hybrids, and new technologies. In addition, chassis management controllers offer a secure browser-based interface that facilitates an IT system administrator to activate alerts for events on servers and blade chassis components, load inventory, remotely power on/off blade servers, and execute configuration & monitoring operations. Accordingly, the surging demand for automobiles with additional control functions will raise the demand for embedded systems.

Automotive multimedia and integrated systems (MIDS) are a combination of software and hardware that deliver video or audio entertainment. The first forms of in-car entertainment include Wi-Fi, in-car internet, carputers, automobile navigation systems, USB, video players, etc. At present, ICE systems feature steering wheel audio controls, touch displays on higher-end devices, touch-sensitive preset buttons, hands-free voice control, etc.

Some of the leading market players in the North America automotive embedded systems market include Robert Bosch GmbH, Verizon Communications Inc, Samsung Electronics Co Ltd (Harman International), Texas Instruments Inc, etc.

Verizon Communications Inc offers information, entertainment, and communications products and services. It offers video, data, and voice services & solutions through its wireline and wireless networks. It also provides corporate networking solutions, broadband video & data, local & long-distance voice services, security & managed network services, etc. The company has its headquarters in New York City, the US, with a business presence in Asia-Pacific, Africa, the Middle East, Europe, and the Americas.

The company’s OEM automotive solutions include security, design, data, provisioning, and advanced infotainment packages.

Report Synopsis

To request a free sample copy of this report, please complete the form below:

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.