Driver Monitoring Systems Global Market Report 2023 – By Monitoring Type (Driver Alertness/Distraction Monitoring, Driver Fatigue Monitoring, Drunk Driving Monitoring, Identity Recognition), By Vehicle Type (Passenger Vehicles, Commercial Vehicles), By Component (Interior Camera, Sensors, Other Components) – Market Size, Trends, And Global Forecast 2023-2032

Connected cars are cars empowered with internet access and a local area network that helps to communicate with other vehicles. These cars have a wide range of sensors that transmit and receive signals from the manufacturers in conjunction with the services to enhance the consumer experience with the real-time interaction of the vehicles. These cars can be connected with smartphones or other mobile phones and allow the driver to mechanically monitor the performance of the car. The main types in the connected car market are embedded, tethered, integrated, and other types. Embedded means fixed into the surface of something. The services involved are driver assistance, safety, entertainment, well-being, vehicle management, mobility management, and other services. The applications involved are applications, navigation, infotainment, and telematics. The global connected cars market is segmented - 1) By Product Type: Embedded, Tethered, Integrated, Other Product Types 2) By Services: Driver Assistance, Safety, Entertainment, Well-Being, Vehicle Management, Mobility Management, Other Services 3) By Application: Navigation, Infotainment, Telematics The global connected cars market size will grow from $69.20 billion in 2022 to $80.04 billion in 2023 at a compound annual growth rate (CAGR) of 15.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global connected cars market size is expected to grow to $143.27 billion in 2027 at a CAGR of 15.7%. An increase in efforts by governments to develop intelligent transportation systems will drive the connected car market. During the period, government efforts for the development of connected and autonomous cars contributed to the connected car market’s growth. For instance, in the UK, government efforts were significant for the development of connected cars. The government in the UK has invested £40 million (US$50 million) schemes for kick-starting commercial autonomous vehicle (AV) services, such as delivery vehicles and passenger shuttles. Additionally, there have been numerous trials and they have introduced new legislation to promote the deployment of connected cars. By 2030, the UK is expected to benefit from a projected £62 billion ($74.36 billion) in economic benefits from deploying connected and autonomous vehicles. Major players in the connected cars market are Robert Bosch GmbH, Ford Motor Company, BMW, Audi AG, General Motors, Delphi, AT&T Inc., Airbiquity, Visteon, and Mercedes-Benz. The hacking of data is expected to limit the growth of the connected car market. For hacking a car's network, proximity is not necessary, as malware may spread by hacking into a manufacturer's or dealer's web portal. The key security issue is that a hacker has access to the operating system of the vehicle and to the data it gathers and stores. For instance, in 2021, A ransomware attack reportedly hit Kia Motors America by DoppelPaymer gang, which resulted in operational disruption including disruption in-vehicle OEM infotainment. Moreover, in 2021, there was an cyberattack on vehicle emissions testing platform of Applus Technologies, which prevented vehicle inspection in 8 US states for two weeks. These factors negatively impact the connected car market, affecting the market’s growth. Connected car companies are increasingly developing new technologies such as digital and autonomous technologies to increase their revenue and also to gain a competitive edge over their rivals. For instance, in 2022, NVIDIA Corporation, an American technology company launched an autonomous vehicles map software, " DRIVE Map". It is a multi-modal mapping engine designed to accelerate the deployment of autonomous Level-3 and Level-4 vehicles that can operate without human intervention. After acquiring HD mapping startup, DeepMap last year, Nvidia accelerated the development of DRIVE Map. These startup's mapping technologies were incorporated into DRIVE Map. The DRIVE Map by Nvidia combines the accuracy of DeepMap survey mapping with the scale of AI-based crowdsourcing. In March 2021, Cruise, a US-based self-driving car company, acquired Voyage for an undisclosed amount. This acquisition is to tackle dense urban environments. Voyage is a US-based self-driving car company. Asia-Pacific was the largest region in the connected cars market share in 2022. Western Europe was the second largest region in the global connected cars market. The regions covered in the global connected cars market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the connected cars market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The connected cars market consists of sales of connected cars such as Vehicle to Vehicle (V2V), Vehicle to Infrastructure (V2I), Vehicle to Cloud (V2C), Vehicle to Pedestrians (V2P), and Vehicle to Everything (V2X). Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The connected cars market research report is one of a series of new reports from The Business Research Company that provides connected car market statistics, including global market size, regional shares, competitors with a connected car market share, detailed connected car market segments, market trends and opportunities, and any further data you may need to thrive in the connected car industry. This connected cars market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Autonomous commercial vehicle is a vehicle used for commercial purposes and has hardware and software that can perform the dynamic driving task without the active physical control or supervision of a human being. The main types of vehicles in autonomous commercial vehicles are trucks, trailers, buses, and others. The truck is a wheeled vehicle for moving heavy articles. The automation levels involved are driver assistance, partial automation, conditional automation, high automation, and full automation. The fuel types involved are conventional, hybrid vehicles, and electric vehicles. The global autonomous commercial vehicle market is segmented - 1) By Vehicle: Truck, Trailer, Bus, Other Vehicle Types 2) By Automation Level: Driver Assistance, Partial Automation, Conditional Automation, High Automation, Full Automation 3) By Fuel Type: Conventional, Hybrid Vehicle, Electric Vehicle The global autonomous commercial vehicle market size will grow from $6.41 billion in 2022 to $7.95 billion in 2023 at a compound annual growth rate (CAGR) of 23.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global autonomous commercial vehicle is expected to grow to $16.24 billion in 2027 at a CAGR of 19.6%. The increase in government approvals for testing autonomous trucks on public roads is driving the growth of the autonomous commercial vehicle market. The governments of major countries are allowing the testing of autonomous vehicles to promote the use of commercial vehicles for delivery and other purposes. The California Department of Motor Vehicles (DMV) proposed a regulation that would allow companies to deploy or test light-duty autonomous motor trucks or delivery vehicles on the public roads of the state. Under the regulation, companies can test delivery vehicles that weigh less than 10,001 pounds with an approved permit from the DMV. The government's approval for testing autonomous vehicles on roads encourages customers to have a glimpse of such vehicles, creating a potential opportunity for sale shortly, thereby driving the demand for the growth of the autonomous commercial vehicles over the forthcoming years. Major players in the autonomous commercial vehicle market are Volkswagen, Daimler, Tesla, Denso, Continental, Waymo, BMW AG, Isuzu Motors Limited, General Motors, and AB Volvo. Increasing concerns for cybersecurity and data privacy acts as a major challenge for the autonomous commercial vehicles market. According to a report on issues in autonomous vehicle testing and deployment published by the Congressional Research Service, the USA's policy institute in February 2020, with advances in technology, the concerns for data security and protection of the on-board system against intrusion are increasing. The inbuilt automated components in the vehicle generate a large amount of data about the vehicle, vehicle performance, driver behavior, and precise location. The protection of autonomous vehicles from hackers is of paramount concern to state and federal governments, service providers, manufacturers, and users. Therefore, with advancements in technology, the concerns for data privacy and security are increasing, which, in turn, is likely to act as a major restraint for the growth of the autonomous commercial vehicle market. The launch of new products is a key trend gaining popularity in the autonomous commercial vehicle market. Companies in the market are focusing on the launch of new products to generate significant cost benefits, and ensure product quality, safety and user experience. For example, in October 2022, XPeng, a Chinese electric vehicle manufacturer, launched G9 SUV, a mass-produced commercial vehicle with new advanced driver assist system (ADAS), the XNGP, combines XPeng’s Highway Navigated Guided Pilot (NGP) and City NGP to automate certain driving functions in both highway and urban driving scenarios. In June 2022, Uber Freight, a US-based managed transportation provider, partnered with Waymo Via. This partnership combines the strength of Waymo's autonomous driving technology with the size of Uber Freight's network and cutting-edge marketplace technology, providing a clear path for the cautious and secure introduction of autonomous trucks on US roads. Waymo Via is a US-based autonomous driving technology company. Asia-Pacific was the largest region in the autonomous commercial vehicle market in 2022. North America was the second largest region in the autonomous commercial vehicle market share. The regions covered in the global autonomous commercial vehicle market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the autonomous commercial vehicle market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The autonomous commercial vehicle market consists of sales of autonomous buses and coaches. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The autonomous commercial vehicle market research report is one of a series of new reports from The Business Research Company that provides autonomous commercial vehicle market statistics, including global market size, regional shares, competitors with an autonomous commercial vehicle market share, detailed autonomous commercial vehicle market segments, market trends and opportunities, and any further data you may need to thrive in the autonomous commercial vehicle industry. This autonomous commercial vehicle market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Vehicle to Everything (V2X) is a communication system used in a vehicle that supports the exchange of the from a vehicle to moving components of the traffic system that may have an impact on the vehicle. The technology improves traffic efficiency by notifying drivers to approach traffic, offering other routes to avoid traffic, and spotting unoccupied parking spaces. The main types of technologies in automotive V2X are emergency vehicle notification, automated driver assistance, passenger information system, line of sight, others, and has various connectivities such as DSRC and cellular. The emergency vehicle notification technology provides an emergency vehicle notification system which is a method for notifying traffic of an approaching emergency vehicle. The different vehicle types include passenger cars and commercial vehicles. The several types of communications involved in automotive V2X are vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), vehicle-to-pedestrian (V2P), vehicle-to-grid (V2G), vehicle-to-cloud (V2C), and vehicle-to device (V2D). The global automotive v2x market is segmented - 1) By Technology: Emergency Vehicle Notification, Automated Driver Assistance, Passenger Information System, Line of Sight, Other Technologies 2) By Vehicle Type: Passenger Cars, Commercial Vehicles 3) By Connectivity: DSRC, Cellular 4) By Communication: Vehicle-To-Vehicle (V2V), Vehicle-To-Infrastructure (V2I), Vehicle-To-Pedestrian (V2P), Vehicle To-Grid (V2G), Vehicle-To-Cloud (V2C), Vehicle-To Device (V2D) The global automotive V2X market size will grow from $0.77 billion in 2022 to $1.1 billion in 2023 at a compound annual growth rate (CAGR) of 43.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the automotive V2X is expected to grow to $4.77 billion in 2027 at a CAGR of 44.1%. The increase in demand for fully autonomous vehicles is expected to propel the growth of the automotive V2X market in the coming years. Autonomous vehicles are defined as self-driving vehicles that move without any human intervention or require very little human intervention. V2X offers an advantage in automatic vehicles since it delivers information about objects that other sensors are unable to detect. Also, it can improve traffic efficiency by giving information about traffic signals. For instance, in July 2021, according to Close Brothers Asset Finance, a UK-based firm providing advice and investment management services, it is expected 73% of all cars will have some level of autonomy (Levels 1-3) by 2025 in the UK and while 40% of people polled would be willing to use fully autonomous or semi-autonomous cars. Thus, the increasing demand for fully autonomous vehicles drives the automotive V2X market growth. Major players in the automotive V2X market are Autotalks Ltd., Continental AG, Denso Corporation, Harman International, Infineon Technologies AG, NXP Semiconductors, Qualcomm Technologies Inc., Robert Bosch, Cohda Wireless, STMicroelectronics, TE Connectivity Ltd., Qorvo Inc., Ford Motor Company, Danlaw Inc., and Amphenol Corporation. The growing technological advancements such as LTE-V2X technology are a key trend gaining popularity in the automotive V2X market. LTE-V2X technology is an innovative information and communication technology that is used in road transportation systems to allow information to be exchanged between vehicles, humans, networks, and infrastructure. Major companies operating in the automotive V2X sector are focused on developing LTE-V2X technology to strengthen their position. For instance, in September 2022, Cohda Wireless, an Australia-based developer of safe vehicle and connected vehicle design solutions and services, launched the MK6 Road-Side Unit (RSU) to enhance communication technology in connected vehicles. MK6 Road-Side Unit (RSU) is a sophisticated and adaptable vehicle-to-everything connectivity solution to assist the adoption of connected cars on the world's smartest roads and highways with comprehensive communication capabilities which includes DSRC, C-V2X, LTE/5G, and Wi-Fi/Bluetooth and provides users with the reliability, flexibility, and interoperability they require to embark on deployments anywhere in the world. In February 2021. Harman International, a US-based company focused on connected devices for automotive in customer and enterprise markets acquired the resources of Savari, Inc., for an undisclosed amount. With the acquisition of Savari, Harman International aims to improve its car telematics and Advanced Driving Assistance Systems (ADAS) related to the automotive v2x market, and extend the organization's qualities in 5G Edge, Multi-Access Edge Computing (MEC). Savari is a US-based automotive innovation company creating new technologies in vehicle-to-everything technology (V2X) and 5G Edge markets. North America was the largest region in the automotive V2X market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive V2X report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive V2X market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The automotive V2X market includes revenues earned by entities by offering optimize traffic flow, reduce traffic congestion and lessen the environmental impact of transportation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive V2X market research report is one of a series of new reports from The Business Research Company that provides automotive V2X market statistics, including automotive V2X industry global market size, regional shares, competitors with a automotive V2X market share, detailed automotive V2X market segments, market trends and opportunities, and any further data you may need to thrive in the automotive V2X industry. This automotive V2X market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Automotive relays are electronically operated switches that open and close circuits electronically. It is designed for DC voltages in retainment systems and passenger consolation that can control power levels in adverse environments. The automotive relay use electromagnetism to operate a higher current circuit in automobiles. The main products in the automotive relays category are PCB relays, plug-in relays, and others. Plug-in relays permit an easy exchange within the system and are utilised in applications such as wipers and pumps, energy management, fans, and heaters. The various vehicle types are passenger vehicles, commercial vehicles, and electric vehicles. The different relay types include solid-state relays (SSR), hybrids, and electromechanical that are used in applications such as powertrain systems, body and chassis, convenience, safety and security, and driver information. The global automotive relay market is segmented – 1) By Product: PCB Relays, Plug-in Relays, Other Products 2) By Relay Type: Solid State Relays (SSR), Hybrid, Electromechanical 3) By Vehicle Type: Passenger Vehicles, Commercial Vehicles, Electric Vehicles 4) By Application: Powertrain Systems, Body And Chassis, Convenience, Safety And Security, Driver Information The global automotive relay market size will grow from $15.45 billion in 2022 to $17.08 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of automotive relay market is expected to grow to $23.42 billion in 2027 at a CAGR of 8.2%. The increasing production of commercial and passenger vehicles is expected to propel the growth of the automotive relay market going forward. Passenger vehicles are motor vehicles that transport passengers, whereas commercial vehicles transport a larger number of people for commercial purposes. The high production requires a large number of automotive parts, including automotive relays, to be installed in the new vehicle, thereby promoting the automotive relay market's growth. For instance, according to the China Association of Automobile Manufacturers 2021, the production of passenger vehicles was approximately 21.408 million in 2021, up 7.1% year on year. Therefore, the increasing production of commercial and passenger vehicles is driving the growth of the automotive heat exchanger market. Major players in the automotive relay market are Fujitsu Ltd., Denso Electronics Corporation, Panasonic Corporation, TE Connectivity, Omron Corporation, HELLA GmbH & Co. KGaA, Littelfuse Inc., Microchip Technology Inc., Robert Bosch GmbH, Eaton Corporation PLC, ABB Ltd., Sharp Corporation, NEC Corporation, Daesung Electric, and Mouser Electronics Inc. Product innovations have emerged as the key trend gaining popularity in the automotive relay market. Major players operating in the automotive relay market are developing innovative products to strengthen their position. For instance, in January 2021, New Yorker Electronics, a US-based company that provides electronic components, developed a new CIT relay and RoHS-compliant A6 Series of automotive relays. This is a lightweight and small relay series that offers low coil power consumption, solderability of +260 °C for 5 seconds, and switching current up to 30A, 1A, and 1C contact configurations. It also possesses an electrical life of 100K cycles with a 10M mechanical life cycle. In August 2021, Faurecia, a French-based automobile company, acquired a 60% stake in Hella for an undisclosed amount. Through this acquisition, Faurecia aims to accelerate profitable growth by combining both companies' product portfolios and market reach to improve the strategic positioning of the company through innovation in electronic and software content. Hella is a Germany-based company that manufactures electronic components, including automotive relays. Asia-Pacific was the largest region in the automotive relay market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the automotive relay market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the automotive relay market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The automotive relay market consists of sales of potted relays, flasher relays, thermal (standard) flasher, electro-mechanical flasher, led flashers and wig-wag flashers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive relay market research report is one of a series of new reports from The Business Research Company that provides automotive relay market statistics, including automotive relay industry global market size, regional shares, competitors with market share, detailed automotive relay market segments, market trends and opportunities, and any further data you may need to thrive in the automotive relay industry. This automotive relay market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Automotive IoT is an integration of sensors, gadgets, software applications, and others in automotive that are designed to perform a specific or wide range of activities, such as fleet management, predictive diagnostics, and others. The main types of offerings in the automotive IOT market are hardware, software, and services. The hardware market consists of sales of automotive IoT hardware by entities (organisations, sole proprietors, partnerships), which includes remote dashboard, devices for control, servers, routing or bridge device, and sensors. The automotive IoT market is divided by connectivity into embedded, tethered, and integrated. The automotive IoT market is divided by application into infotainment, fleet management, predictive maintenance, vehicle security, automotive driver assistance system, and traffic management. Lastly, the automotive IoT market is divided by end users into original equipment manufacturers and aftermarket. The global automotive IoT market is segmented - 1) By Offering: Hardware, Software, Services 2) By Connectivity: Embedded, Tethered, Integrated 3) By Application: Infotainment, Fleet Management, Predictive Maintenance, Vehicle Security, Automatic Driver Assistance System, Other Applications 4) By End User: Original Equipment Manufacturers, Aftermarket The global automotive IoT market size will grow from $125.82 billion in 2022 to $143.72 billion in 2023 at a compound annual growth rate (CAGR) of 14.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the automotive IoT is expected to grow to $246.58 billion in 2027 at a CAGR of 14.4%. Increasing demand for autonomous vehicles is expected to propel the growth of the automotive IoT market going forward. Autonomous vehicles refer to self-driving vehicles that perform various functions and can operate on their own using various technologies. The Internet of things enables autonomous vehicles to connect wirelessly on a cloud system through multiple devices and provides vehicle-to-vehicle interaction, as a result, increasing demand for autonomous vehicles increases the demand for the automotive IoT market. For instance, in December 2022, according to National Highway Traffic Safety Administration (NHTSA), a US-based government agency, it is expected that there would be approximately 3.5 million autonomous vehicles on U.S. roads by 2025, which would reach 4.5 million by 2030. Therefore, increasing demand for autonomous vehicles drives the automotive IoT market growth. Major players in the automotive IoT market are Texas Instruments, NXP Semiconductors, Intel Corporation, TomTom, Cisco Systems, Microsoft Corporation, IBM Corporation, Google, AT&T, Apple, and Robert Bosch. Automotive predictive diagnostics solutions are a key trend gaining popularity in the automotive IoT market. The automotive companies are partnering with technology players for the integration of predictive diagnostics solutions into their existing models, which allows the upkeep frequency to be as low as possible to stop unplanned reactive maintenance without incurring costs related to doing an excessive amount of preventive maintenance. The predictive maintenance systems within the vehicle continuously monitor, collects, record, transfer and evaluate data from in-vehicle sensors to keep track of vehicle functional metrics. For instance, in February 2022, Ashok Leyland, an India-based automotive manufacturer, partnered with Syncron, a Sweden-based after-sales service provider, to integrate predictive vehicle maintenance solutions into Ashok Leyland Condition Monitoring Systems (CMS). In February 2021, Harman International, an automotive infotainment company, acquired Safari for an undisclosed amount. With this acquisition, Harman wants to expand its company’s portfolio in automotive telematics and advanced driving assistance systems (ADAS) capabilities and enhance 5G Edge, multi-access edge computing (MEC) and smart infrastructure solutions. Savari is an automotive infotainment company with V2X sensor solutions and also includes vehicle-to-phone for pedestrians and bicyclists, vehicle-to-vInfrastructure and vVehicle-to-vVehicle and iInfrastructure-to-pPhone. North America was the largest region in the automotive IoT market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive IoT market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive IoT market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The automotive IoT market includes revenues earned by entities by providing hardware, software, and services that can be used to create new applications to make vehicles smarter and more intelligent to offer more safe, more efficient,-vehicle (V2V), vehicle-to-infrastructure (V2I), and vehicle-to-everything (V2X) communication including connected car solutions, Advanced Driver-Assistance Systems (ADAS), in-vehicle infotainment systems, navigation & telematics solutions, and predictive maintenance solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive IoT market research report is one of a series of new reports from The Business Research Company that provides automotive IoT market statistics, including automotive IoT industry global market size, regional shares, competitors with an automotive IoT market share, detailed automotive IoT market segments, market trends and opportunities, and any further data you may need to thrive in the automotive IoT industry. This automotive IoT market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Automotive Ethernet is a fast in-vehicle communication protocol offering high bandwidth to support high-end vehicular functions such as vehicle interaction, calibration, measurement, and diagnostics through diagnostics over internet protocol (DoIP) and others. Ethernet bypasses traditional connectivity cabling in automobiles, allowing all vehicle components to connect with lighter and more effective wires, thus reducing connectivity costs and cabling weight. The main automotive ethernet components include hardware, software, and services. Hardware is used to test and validate automotive electronic control units (ECUs) and other vehicle technology systems. It includes different media converters, switches, capture modules, and others. The different applications of automotive ethernet include advanced driver assistance systems (ADAS), infotainment, powertrain, body and comfort, and chassis for vehicle types such as passenger cars, commercial vehicles, and farming and off-highway vehicles. The global automotive ethernet market is segmented – 1) By Component: Hardware, Software and Services 2) By Application: Advanced Driver Assistance Systems (ADAS), Infotainment, Powertrain, Body and Comfort, Chassis 3) By Vehicle Type: Passenger Cars, Commercial Vehicles, Farming and Off-Highway Vehicles The global automotive ethernet market size will grow from $2.01 billion in 2022 to $2.42 billion in 2023 at a compound annual growth rate (CAGR) of 20.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of automotive ethernet market is expected to grow to $5.2 billion in 2027 at a CAGR of 21.0%. The increased demand for motor vehicles has contributed to the growth of the automotive ethernet market during the forecast period. The addition of innovative solutions, such as connected devices and artificial intelligence (AI) and technology, to connected vehicles accelerates innovation in the automotive industry, which further increases demand for automotive Ethernet solutions. According to statistics from the International Organization of Motor Vehicle Manufacturers, the total number of vehicles produced from January to September 2021 increased to 57.2 million units from 52.1 million units in 2020 during the same period. Hence, the increasing automobile demand is expected to generate high demand for automotive Ethernet, thus driving the market during the period. Major players in the automotive ethernet market are Broadcom Inc., Marvell Technology Group Ltd., NXP Semiconductors N.V., Microchip Technology Inc., Texas Instruments Incorporated, Molex LLC, Cadence Design Systems Inc., System-on-Chip Engineering S.L., TTTech Computertechnik AG, Vector Informatik GmbH, Excelfore, ACTIA Group, AllGo Embedded Systems Private Limited, and Keysight Technologies Technological advancements are a key trend gaining popularity in the automotive Ethernet market. Companies are focusing on intelligent automotive ethernet solutions to develop the advanced, high-bandwidth communications systems required by next-generation vehicles. For instance, in 2021, Germany-based automotive software company Elektrobit launched the first automotive ethernet switch firmware for secure, high-performance, in-vehicle communications required for EVs, sophisticated ADAS and self-driving vehicles. The firmware adds a layer of intelligence to automotive ethernet switches, thus enabling them to handle the immense network functions required to enhance the scalability, safety, and security of vehicles. It provides advanced network management and network security functions such as routing, gateways, firewalls, and network intrusion detection and prevention systems. In September 2022, KPIT Technologies, an Indian Software company, acquired 4 subsidiaries of Technica Engineering for $82.2 million (€ 80 million). The acquisition would help KPIT in offering one stop solutions for automotive Ethernet industry. The acquired companies, Technica Engineering Gmbh, Germany, Technica Electronics Barcelona S.L., Spain and Technica Engineering Spain S.L., Spain, are all subsidiaries of Technicia Engineering, a Germany-based automotive Ethernet solutions manufacturer. Asia-Pacific was the largest region in the automotive Ethernet market in 2022. North America is expected to be the fastest growing region in the forecast period. The regions covered in the automotive ethernet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive ethernet market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive ethernetmarket include revenues earned by entities by one pair ethernet (OPEN), energy efficient ethernet, power over ethernet (PoE) and gigabit ethernet. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive ethernet market research report is one of a series of new reports from The Business Research Company that provides automotive ethernet market statistics, including automotive ethernet industry global market size, regional shares, competitors with a automotive ethernet market share, detailed automotive ethernet market segments, market trends and opportunities, and any further data you may need to thrive in the automotive ethernet industry. This automotive Ethernet market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The LiDAR are used to examine the surface of the earth. LiDAR is a laser imaging detection and ranging system in which laser, a form of light, is used to measure the variable distances from earth. LiDAR technology is popularly used to measure a large number of areas in a relatively small amount of time with more accuracy than manual labor. It is a technology used to create three-dimensional images. The main types of LiDAR are terrestrial, aerial, and mobile. Terrestrial LiDAR is also called Terrestrial Laser Scanning (TLS) or topographic LiDAR. Terrestrial LiDAR is categorized into three types depending on the distance they travel – namely, short-range, medium-range, and long-range scanners. The components used in LiDAR are laser scanner, navigation and positioning systems, and others. The various technologies involved in LiDAR are 2D, 3D, and 4D. LiDAR is used in mapping and cartography, ADAS (Advanced Driver-Assistance System), environment, exploration and detection, and other applications. The end users of LiDAR are defense and aerospace, civil engineering, archaeology, forestry and agriculture, mining, and transportation. The global LiDAR market is segmented – 1) By Component: Laser Scanner, Navigation and Positioning Systems, Other Components 2) By Type: Terrestrial, Aerial, Mobile 3) By Technology: 2D, 3D, 4D 4) By Applications: Mapping and Cartography, ADAS (Advanced Driver-Assistance System), Environment, Exploration and Detection, Other Applications 5) By End User: Defense and Aerospace, Civil Engineering, Archaeology, Forestry and Agriculture, Mining, Transportation The global LiDAR market size grew from $1.8 billion in 2022 to $2.19 billion in 2023 at a compound annual growth rate (CAGR) of 21.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global LiDAR is expected to grow to $4.78 billion in 2027 at a CAGR of 21.6%. The rising demand for 3D imaging is expected to propel the growth of the LiDAR market. 3D imaging is a technique that develops or creates the impression of depth within an image by deploying 2D data into the 3-dimensional format. For instance, in April 2021, according to the data provided by the USGS, United States, the government initiated a 3D Elevation Program (3DEP) and the goal is to complete it by 2023. The aim of the program is to provide the first-ever national baseline of consistent high-resolution three-dimensional data that includes bare earth elevations and three-dimensional point clouds and are collected in a timeframe of less than a decade to complete the acquisition of nationwide LiDAR. Therefore, the rise in demand for 3D imaging drives the LiDAR market. Major players in the LiDAR market are Velodyne, Leica Geosystems AG, LEOSPHERE SAS, HEXAGON, Leica Geosystems AG, GeoSLAM Ltd., Firmatek LLC, RIEGL Laser Measurement Systems GmbH, Mira Solutions Inc., Aerometric Surveys, Airborne Hydrography AB, Faro Technologies Inc., Phoenix LiDAR Systems, Innoviz Technologies Ltd., Waymo LLC, Valeo SA, Neptec Technologies Corp, and ZX LIDARS. The increasing investments in LiDAR startups by automotive giants is a key trend gaining popularity in the LiDAR market. Certain vehicle operations demand robust radars which are fulfilled by LiDAR, making automakers realize the full potential of LiDAR in the self-driving cars market. The cost of LiDAR as compared to the outrageous cost of other sensors is attracting most automakers to implement LiDAR in vehicles, resulting in increasing investments into LiDAR startups. An autonomous vehicle requires a detailed understanding, which is best achieved by 4D LiDAR. For instance, in May 2021, Pony.ai self-driving car backed by Toyota based in the United States collaborated with Lumiar Corporation. Under this partnership, Pony.ai will use LiDAR offered by Luminar in its robo taxi production. The multi-purpose utilization of LiDAR in next-gen (specifically autonomous) vehicles is compelling the automakers to invest in LiDAR startups. In February 2021, Aurora innovation, an American self-driving technology business, acquired OURS (Optical Universal RISC Systems) technology, an America-based LiDAR startup for an undisclosed amount. Through this acquisition, Aurora Innovation aims to reduce the cost of sensors as well as improve the accuracy of autonomous driving and robotics applications offered. OURS’s expertise is in developing LiDAR chips and this acquisition adds to the expertise Aurora innovation already have, thus accelerating their work. North America was the largest region in the LiDAR market in 2022. Asia-Pacific is expected to be the fastest-growing region in the LiDAR market share during the forecast period. The regions covered in the LiDAR market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the LiDAR market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The LiDAR market includes revenues earned by entities by providing storm surge modeling, hydrodynamic modeling, shoreline mapping, emergency response. The LiDAR market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The LiDAR market research report is one of a series of new reports from The Business Research Company that provides LiDAR market statistics, including LiDAR industry global market size, regional shares, competitors with a LiDAR market share, detailed LiDAR market segments, market trends and opportunities, and any further data you may need to thrive in the LiDAR industry. This LiDAR market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The advanced driver assistance systems (ADAS) refer to passive or active electronic systems designed to reduce human error component during the operations of vehicles. These systems utilize a wide range of technologies to assist the driver during driving and improve driving performance. Sensors such as radar and cameras are used to provide information to the driver or to take automatic action which prevents injuries and deaths caused by car accidents. The main types of ADAS include tire pressure monitoring system (TPMS), drowsiness monitor system, intelligent parking assist system (IPAS), adaptive cruise control system, blind spot object detection system, lane departure warning system, adaptive front-lighting system, and others. Adaptive front-lighting system refers to electronics or sensor-based systems, designed to help in adjusting the lights depending on vehicle speed and steering input. The offering offered in ADAS includes hardware and software and these systems are used in passenger vehicles, commercial vehicles, buses, and trucks. The global advanced driver assistance systems adas market is segmented – 1) By System Type: Tire Pressure Monitoring System (TPMS), Drowsiness Monitor System, Intelligent Parking Assist System (IPAS), Adaptive Cruise Control System, Blind Spot Object Detection System, Lane Departure Warning System, Adaptive Front-lighting System, Other System Types 2) By Offering: Hardware, Software 3) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Buses, Trucks The global advanced driver assistance systems (adas) market size will grow from $31.85 billion in 2022 to $37.61 billion in 2023 at a compound annual growth rate (CAGR) of 18.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of advanced driver assistance systems (adas) market is expected to grow to $72.56 billion in 2027 at a CAGR of 17.9%.. The increasing government regulations for mandatory ADAS implementation in vehicles are propelling the advanced driver assistance systems market. The governments across the globe are implementing mandatory ADAS inclusion regulations in the vehicle to strengthen driving convenience and safety of the drivers and commuters. For instance, in July 2022, new rules entered into force in the EU, which require new vehicles to be equipped with ADAS to improve road safety. This regulation was focused on increasing general safety of motor vehicles and protection of vehicle occupants, and vulnerable road users, in a move to decrease the number of road accidents. Therefore, the increasing regulations for mandatory implementation of ADAS in vehicles are driving the growth of advanced driver assistance systems. Major players in the ADAS market are Continental AG, Denso, Magna International, Robert Bosch, NXP Semiconductors, Panasonic, Renesas Electronics, Texas Instruments, Hyundai Mobis, ZF Friedrichshafen, Mobileye, Autoliv Inc., Nvidia, Hitachi, and TRW Automotive Holdings Corp. Technological advancements are a key trend gaining popularity in the ADAS market. Major companies operating in the ADAS market are focused on developing new technological solutions to strengthen their position through the implementation of next-generation ADAS technologies into their products such as sensor fusion, embedded vision, HMI, software infrastructure, and autosar. For instance, In September 2021, ZF Friedrichshafen, a German-based company, launched a high-performance Mid-Range Radar (MRR), the nextgen advancement in the ADAS tech market, which is designed to meet safety ratings and enable semi-automated driving functions. The Mid-Range Radar has modes that provide the proper resolution and range tuned for the driving situation. In June 2021, Magna International Inc., a Canada-based manufacturer, and developer of advanced mobility technologies acquired Veoneer, Inc., for $3.8 billion. This acquisition expands Magna’s ADAS product portfolio and industry position, as this provides access to new customers and new regions, including Asia. The acquisition also provides access to engineering and software expertise such as sensor perception and drive policy software. Veoneer, Inc., is a Sweden-based manufacturer and developer of automotive safety technologies. North America was the largest region in the ADAS market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the ADAS market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the ADAS market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The advanced driver assistance systems (ADAS) market consists of sales of adaptive cruise control, glare-free high beam and pixel light, adaptive light control, automatic parking, autonomous valet parking and navigation system. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The advanced driver assistance systems (ADAS) market research report is one of a series of new reports from The Business Research Company that provides advanced driver assistance systems (ADAS) market statistics, including advanced driver assistance systems (ADAS) industry global market size, regional shares, competitors with an advanced driver assistance systems (ADAS) market share, detailed advanced driver assistance systems (ADAS) market segments, market trends and opportunities, and any further data you may need to thrive in the advanced driver assistance systems (ADAS) industry. This advanced driver assistance systems (ADAS) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.