Automotive Over the Air Updates Market is projected to grow at a moderate CAGR during the forecast period from 2021 to 2027. The growing government norms on safety and security in vehicles, growing number of connected car devices in automobiles, and the increasing application of infotainments are major factors driving the growth of the market. The over the air updates use technology to transmit operational and diagnostic data from a remote server to the different components and systems of an automobile. Over the aur updates are widely used for ECU algorithms and infotainment. The major advantage of using over the air updates is that it reduces the need to visit vendor site, dealer garage or workshop.
The North American region will hold the highest market share during the forecast period owing to the higher disposable income, R&D in technology, and the rising demand for luxury services in automobiles. The major players operating in the Over the Air updates market for automotive includes manufacturers such as Continental AG (Germany), Delphi Automotive (U.K.), Robert Bosch GmbH (Germany), and Denso Corporation (Japan), along with research institutes including Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (EAMA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA).
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A full report of Global Automotive Over the Air Updates Market is available at: https://www.orionmarketreports.com/automotive-over-the-air-updates-market/58557/
The following Segmentation are covered in this report:
By Application Type
- Telematics Control Unit (TCU)
- Electronic Control Unit (ECU)
- Infotainment
- Safety & Security
- Others
By Technology Type
- Firmware over-the-air (FOTA)
- Software over-the-air (SOTA)
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive Over the Air Updates Market.
- The market share of the global Automotive Over the Air Updates Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Over the Air Updates Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Over the Air Updates Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
