Innovation in Automobiles Encouraging Use of Embedded Systems30 Mar 2011 • by Natalie Aster
Research conducted by Technavio reveals that the embedded systems market for the automobile industry is expected to grow at a CAGR of 10.5 percent. The report “Global Embedded Systems Market in Automobile Industry 2010-2014” by Infiniti Research, which focuses on North America, EMEA and APAC indicates that the market is currently driven by the increasing innovation in automobiles among other factors.
“Today’s automobiles have evolved from being a largely mechanical product to a combination of a transportation equipment and a versatile electronics platform. With an increasing number of features, the automobile industry as a whole is being driven by embedded system innovations,“ reports Technavio analyst.
The rising automobile production in emerging markets is expected to continue to drive this market. The embedded systems market for the automobile industry is marked by the increasing need for superior on-board safety features. This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.
More details about the market can be found from the report “Global Embedded Systems Market in Automobile Industry 2010-2014” by Infiniti Research.
Publication Date: Feb, 2011
Price: USD 1,800.00 USD 1,500.00
The report is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT Analysis.
Companies mentioned in this report include: Renesas, Freescale, Infineon and NXP.
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