Automotive Hypervisor Market Report 2022: Growing Demand for Automotive Technology Sector Strengthens – ResearchAndMarkets.com
DUBLIN-(BUSINESS WIRE)–Report “Automotive Hypervisor Market Size, Market Share, Application Analysis, Regional Forecast, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022-2030.” was added to ResearchAndMarkets.com’s proposal.
The global automotive hypervisor market is expected to grow at a CAGR of 17.3% during the forecast period from 2022 to 2030. A hypervisor is software that provides a virtual representation of the hardware components in an autonomous and semi-autonomous vehicle. It is used to establish a seamless connection between the hardware and the virtual machine, which helps drive the car efficiently.
Continuous development and growing demand for automotive technologies such as autonomous driving mode, vehicle telematics, etc. are some of the major factors driving the global automotive hypervisor market across the globe.
Automotive hypervisors are used in different types of vehicles such as passenger cars, light commercial vehicles, heavy commercial vehicles, depending on their level of autonomy, i.e. fully autonomous or semi-autonomous. Among all vehicle types, the passenger car segment is expected to be the fastest growing segment as passenger car owners increasingly opt for autonomous or semi-autonomous vehicles, citing the benefits offered, such as improved efficiency and improved safety. An autonomous car provides advanced driver assistance systems that eliminate accidents caused by human error.
As a result, the growing demand for autonomous vehicles is projected to drive the growth of the automotive hypervisor market in the coming years.
Type 1 hypervisors held the largest market share in 2020
Type 1 hypervisors held the largest market share in 2020. This type of hypervisor provides better performance compared to its counterparts. The virtual layer of the Type 1 hypervisor interacts directly with the operating system kernel, making the vehicle’s hardware more efficient. A Type 1 hypervisor is independent of the vehicle’s operating system as it runs directly on the host hardware. In case of any problem in one virtual machine, the other guest operating systems running on the hypervisors are not affected. Therefore, it is considered a more secure and efficient type of automotive hypervisor.
North America gained the largest market share in 2020
In terms of geography, North America led the automotive hypervisor market in 2020 and is expected to remain dominant during the forecast period from 2022 to 2030. The growth of this region is mainly supported by strict government regulations in countries like the US and Canada, where the installation of special vehicle safety technologies is mandatory. North America is home to a large number of prominent manufacturers investing in autonomous technology. The relatively better penetration of autonomous vehicles, combined with a growing appetite for road safety, has attracted significant investment in research and development of autonomous vehicles. This, in turn, supports the demand for automotive hypervisors in the North America region.
Key players profiled in the automotive hypervisor market study include Mentor Graphics Corporation, BlackBerry Limited, Renesas Electronics Corporation, Sasken Technologies Limited, Continental AG, Visteon Corporation, Wind River System, Baidu Inc., NXP Semiconductors NV, Siemens AG, Harman International Industries , Inc., Citrix Systems Inc., VMware Inc. etc. These companies invest heavily in research and development to gain an edge in the market.
Light commercial vehicles
Heavy commercial vehicles
Key questions that this report answers
What are the key micro and macro environmental factors influencing the growth of the Automotive Hypervisor market?
What are the key investment pockets with respect to product segments and territories currently and during the forecast period?
Estimates and forecasts of the market up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment has the largest market share and why?
Are LMICs Investing in Automotive Hypervisor Market?
Which is the largest regional market for automotive hypervisor?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, the Middle East and Africa?
What are the key trends driving the growth of the Automotive Hypervisor market?
Who are the major competitors and what are their key strategies to expand their presence in the global automotive hypervisor market?
Main topics covered:
3. Automotive Hypervisor Market: Competitive Analysis
4. Automotive hypervisor market: macro analysis and market dynamics
5. Automotive Hypervisor Market: By Product, 2020-2030, USD (Million)
6. Automotive Hypervisor Market: By Vehicle, 2020-2030, USD (Million)
7. North America Automotive Hypervisor Market, 2020-2030, USD (Million)
8. UK and EU Automotive Hypervisor Market, 2020-2030, USD (Million)
9. Asia-Pacific Automotive Hypervisor Market, 2020-2030, USD (Million)
10. Latin America Automotive Hypervisor Market, 2020-2030, USD (Million)
11. Middle East and Africa Automotive Hypervisor Market, 2020-2030, USD (Million)
12. Company profile
Mentor Graphics Corporation
Renesas Electronics Corporation
Sasken Technologies Limited
River system Wind
NXP Semiconductors NV
Harman International Industries, Inc.
Citrix Systems Inc.
For more information on this report, visit https://www.researchandmarkets.com/r/vk55d4
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