The arrival of autonomous vehicles presents key participants in the global automotive embedded systems market with growth opportunities. Coherent Market Insights predicts that by 2040, there will be more than 32.6 million autonomous vehicles sold worldwide, with a CAGR of 43% between 2019 and 2030. Autonomous car development and production are being handled by major participants in this market, including Ford, Mercedes, and Tesla. By 2035, sales of autonomous vehicles are projected to be approximately 5.75 million in China and 4.52 million in the United States, respectively, according to Coherent Market Insights' estimate.
The global Autonomous Vehicle sales is expected to exceed 32.6 million units in 2040, exhibiting a CAGR of 43% between 2019 and 2030.
Leading Companies in the Automotive Embedded System Industry:
1. Panasonic Corporation
Panasonic Holdings Corporation, together with its subsidiaries, develops, manufactures, sells, and services various electrical and electronic products worldwide. Panasonic Holdings Corporation was founded in 1918 and is headquartered in Kadoma, Japan.
2. Toshiba Corporation
Toshiba Corporation, together with its subsidiaries, provides electronic devices and storage solutions worldwide. Toshiba Corporation was founded in 1875 and is headquartered in Tokyo, Japan.
3. Continental AG
Since 1871 Continental AG a technology company, offers intelligent solution for vehicles, machines, traffic, and transportation worldwide. The company headquarters in Hanover, Germany. In November 2022 Continental advances development of Brake Caliper for electric vehicle (Green Caliper) are more compact and lighter than those for conventional vehicles but with the same deceleration power.
4. Delphi Automotive PLC
Delphi Automotive PLC established in 1881 is a high-technology company that integrates safer, greener and more connected solutions for automotive and transportation sectors. Headquartered in Gillingham, U.K. Delphi operates 46 countries
5. Denso Corporation
Since 1949 DENSO Corporation develops, manufactures, and sells automotive parts. It has headquarters in Kariya, Japan. NTT Communications Corporation and Denso Corporation (DENSO), the global manufacturer of mobility components offering advanced mobility technologies, systems and products, announced today that it will collaboratively develop the Security Operation Center for Vehicles to respond to the threat of increasingly sophisticated cyber-attacks against vehicles.
6. Mitsubishi Electric Corporation
The company Mitsubishi Electric Corporation was incorporated in 1921 and is headquartered in Tokyo, Japan. Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide.
7. NXP Semiconductors
NXP Semiconductors N.V. offers various semiconductor products. NXP Semiconductors N.V. was incorporated in 2006 and is headquartered in Eindhoven, the Netherlands. In January, 2023 NXP Semiconductors the market share leader in automotive radar according to Yole Intelligence, announced a new industry-first 28nm RFCMOS radar one-chip IC family for next generation ADAS and autonomous driving systems.
8. Infineon Technologies AG,
Since 1999 Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon Technologies AG is headquartered in Neubiberg, Germany.
9. Harman International
Harman International Industries, Incorporated designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide. The company was incorporated in 1980 and is based in Stamford, Connecticut.
10. Johnson Electric.
Johnson Electric Holdings Limited, an investment holding company sells motion products, control systems, and flexible interconnects worldwide. Johnson Electric Holdings Limited was founded in 1959 and is headquartered in Sha Tin, Hong Kong.
*Definition- A computer or electronic system specifically created to access and control data from an electronic-based system placed in automobiles is known as an automotive embedded system.
