Over-the-Air (OTA) updates will change the way cars perform as they get older by providing system upgrades without needing as much take-it-to-the-shop maintenance. With OTA technology, automakers will have the ability to trim down warranty expenses and improve their completion rates for software related recall work.
Fully considering the economic change by this health crisis, Firmware Over-The-Air Technology (FOTA) accounting for % of the Automotive Over-The-Air Update global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Electronic Control Unit (ECU) segment is altered to an % CAGR throughout this forecast period.
China Automotive Over-The-Air Update market size is valued at US$ million in 2021, while the North America and Europe Automotive Over-The-Air Update are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Automotive Over-The-Air Update landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
Request for a free sample or purchase this report at: https://www.themarketreports.com/report/global-automotive-over-the-air-update-market-research-report
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
- Firmware Over-The-Air Technology (FOTA)
- Software Over-The-Air Technology (SOTA)
Segment by Application
- Electronic Control Unit (ECU)
- Safety & Security
- Telematics Control Unit (TCU)
- User Interface & User Experience
- Continental AG
- Robert Bosch
- Delphi Automotive
- Harman International
- Garmin Ltd
- NXP Semiconductors
- Verizon Communications
- Infineon Technologies
- Airbiquity Inc
Production by Region
- North America
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Mr. Shirish Gupta
The Market Reports | Industry and Market Reports at its Best
Call: +1-631-407-1315 / +91-750-729-1479