Exploring the Automotive Hypervisor Market: Booming Growth with a CAGR of 23.2% by 2030

According to MarkNtel Advisors study the Automotive Hypervisor Marketsize was valued at around USD 213 billion in 2023 and is projected to grow at a CAGR of around 23.2% during the forecast period, i.e., 2024-30.

Key Findings of the Study: Automotive Hypervisor market

Global Automotive Hypervisor Market Driver:

Rising Demand for Advanced Driver Assistance Systems (ADAS) – The major driver of the Global Automotive Hypervisor Market is the rising demand for Advanced Driver Assistance Systems (ADAS). Advanced driver-assistance systems are advanced technologies that assist drivers in driving safely and conveniently. ADAS provides features like automatic braking, lane-keeping assist, and adaptive cruise control as it uses automated technologies to detect nearby obstacles. To manage these complex tasks hypervisors are needed so that the vehicle’s computer works properly. This advancement allows the various systems of ADAS like vehicle safety features and entertainment systems, to run all at the same point in time on the same computer without any interruptions. For instance,

• In 2023, BMW’s latest models use hypervisors of Qualcomm Technologies to manage their complex ADAS functions, ensuring that features like automatic lane changes and collision warnings work seamlessly while passengers enjoy in-car entertainment.

As various vehicles are now equipped with ADAS features, a reliable and efficient computing system is needed and hence the demand for Hypervisor is increasing. A hypervisor helps the computer to run multiple applications simultaneously on the same hardware. The ability to perform multiple tasks smoothly is boosting the demand for hypervisors in the automotive industry and ultimately the size & volume of the market.Top of Form

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Scope of the Report and Automotive Hypervisor Market Segmentation:

By Type

• Type 1- Market Size & Forecast 2019-2030F, USD Million
• Type 2- Market Size & Forecast 2019-2030F, USD Million

By Vehicle Type

• Passenger Cars- Market Size & Forecast 2019-2030F, USD Million
• Light Commercial Vehicle (LCV) — Market Size & Forecast 2019-2030F, USD Million
• Medium & Heavy Commercial Vehicle (HCV) — Market Size & Forecast 2019-2030F, USD Million

In the global automotive hypervisor industry, the passenger cars segment held the largest market share.

By Mode of Operation

• Autonomous Vehicle- Market Size & Forecast 2019-2030F, USD Million
• Semi-Autonomous Vehicle- Market Size & Forecast 2019-2030F, USD Million

By Application

• Advanced Driver Assistance Systems (ADAS)- Market Size & Forecast 2019-2030F, USD Million
• Infotainment Systems- Market Size & Forecast 2019-2030F, USD Million
• Connectivity & Telematics- Market Size & Forecast 2019-2030F, USD Million
• Others (Powertrain & Engine Control Systems, etc.)- Market Size & Forecast 2019-2030F, USD Million

By Demand Type

• OEM- Market Size & Forecast 2019-2030F, USD Million
• Replacement- Market Size & Forecast 2019-2030F, USD Million

By Automotive Network

• Control Area Network(CAN)- Market Size & Forecast 2019-2030F, USD Million
• Ethernet- Market Size & Forecast 2019-2030F, USD Million
• Flexray- Market Size & Forecast 2019-2030F, USD Million
• Local Interconnected Network (LIN) — Market Size & Forecast 2019-2030F, USD Million

For more detailed information about the Automotive Hypervisor market report, click here – https://www.marknteladvisors.com/research-library/global-automotive-hypervisor-market.html

Automotive Hypervisor Market Competitive Landscape

• BlackBerry Limited
• Siemens Digital Industries Software
• ETAS GmbH
• Wind River Systems, Inc.
• Renesas Electronics Corporation
• Sasken Technologies Ltd
• NXP Semiconductors
• Qualcomm Technologies, Inc.
• IBM Corporation
• Luxoft Holding, Inc.
• KPIT Technologies Ltd
• Visteon Corporation
• Esol Co.,Ltd.
• Green Hills Software
• Elektrobit

Automotive Hypervisor Market Development:

• April 2024: ETAS and BlackBerry QNX Forge Partnership to Provide the Safe and Secure Foundation for the Software-Defined Vehicle. Simplifying processes for automakers and their suppliers through an efficient re-selling partnership.
• 2024: Qualcomm Technologies, Inc. acquired Virtualization Assets including COQOS Hypervisor and related products from Open Synergy GmbH which is a market leader in the virtualization space for automotive software applications.

Geographical Analysis:

By Region

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

Asia-Pacific currently holds the largest share of the automotive hypervisor industry due to high car demand in the region. 

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