Automotive Hypervisor Market Statistics 2030 -
The global automotive hypervisor market was valued at $131.20 million in 2020, and is projected to reach $2,037.60 million by 2030, registering a CAGR of 31.9% from 2021 to 2030.
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Automotive hypervisor is an embedded technology specially designed for automobiles and is used for in-vehicle infotainment purpose. It is a set of programs which is capable to perform numerous virtual machine operations through operating system (OS) on a host system. Typically, hypervisors are low-level programs designed in virtualization that allows a single processor to be shared with multiple applications that run on different operating systems. Moreover, hypervisor can be called as a computer software that allows multiple operating systems to utilize a common CPU, memory, etc. and also decides the hardware allocation for each of the program. Generally two types of hypervisors i.e. Type 1 & Type 2 are designed, which are used in automobiles and its application depends on the architecture of the vehicle system.
Get more information on this report : Request Sample Pages Factors such as growth of connected infrastructure, adoption of ADAS features in vehicles and intervention of innovative technologies for advanced user interface (UI) supplements the growth of the global automotive hypervisor market. Moreover, the factors such as high manufacturing cost and troubleshooting & maintenance of automotive software hampers the growth of the global automotive hypervisor market. However, the factors such as improved performance of autonomous vehicles and data monetization in extended automotive ecosystem are the factors that are expected to create a positive impact on the growth of the automotive hypervisor market in the near future. [VEHICLETYPEGRAPH] Get more information on this report : Request Sample Pages The global automotive hypervisor market is segmented into vehicle type, type, level of automation, vehicle class and region. Based on the vehicle type, the market has been segmented into passenger cars, light commercial vehicles and heavy commercial vehicles. Based on type, the automotive hypervisor market has been segmented into Type 1 and Type 2. Based on the level of automation, the market has been segmented into semi-autonomous and fully autonomous. Based on the vehicle class, the market has been segmented into mid-priced and luxury. By region, the global market is analyzed across North Americ
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"We estimate the current market (which is largely ICE) has a TAM of $165bn. By 2035, the ICE component would shrink, and we project a TAM for BEV LCVs of $89bn. From a small base, BEV LCV TAM growth should be fastest from 2020-25 at a 50% CAGR, while the five years from 2025-2030 should maintain double-digit growth (17% CAGR), adding $36bn to the TAM to reach $66bn in 2030. We expect the overall LCV market to grow faster than consensus forecasts for three reasons: First, e-commerce drives last-mile delivery growth and hence van demand; Second, the superior TCO of electric LCVs leads to faster fleet renewal; and Finally, economic growth, as major economies pivot out of COVID. We expect BEVβs penetration to increase significantly, from ~2% in 2020 to ~30% in 2030 and 50% in 2040."
"Legacy and start-up OEMs vying for BEV LCV leadership LCVs will be another battleground between βdinosaursβ (i.e., legacy OEMs) and disrupters (i.e., new entrants). In the US market, for example, several new entrants (Rivian, Arrival, Workhorse, Canoo) are challenging the current OEM leaders (Ford, Ram, GM, Nissan) β leading those legacy OEMs to plan to launch BEV products in the next few years. While the legacy OEMs (esp. Ford) have a broader distribution/service network (esp. important for small fleet sales) and deeper understanding of the needs of niche segments within LCV, startups bring a nimbler culture, a pure play focus on the segment, and (at least on paper) compelling EV product specs. With large fleet buyers less in need of dealer service, the start-ups appear to be taking the lead with large fleets, as those buyers do not need the dealer service that smaller, local fleets depend upon..."
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"In the US market, for example, several new entrants (Rivian, Arrival, Workhorse, Canoo) are challenging the current OEM leaders (Ford, Ram, GM, Nissan) β leading those legacy OEMs to plan to launch BEV products in the next few years. While the legacy OEMs (esp. Ford) have a broad distribution/service network (esp. important for small fleet sales) and deep understanding of the needs of niche segments within LCV, start-ups bring a more nimble culture, a pure play focus on the segment, and (at least on paper) compelling EV product specs. With large fleet buyers less in need of dealer service, the start-ups appear to be taking the lead with large fleets, as those buyers do no need the dealer service that smaller, local fleets depend upon..."
https://preview.redd.it/d800vrzhzxa61.png?width=4250&format=png&auto=webp&s=fb5f9ab9f494f6b73ca5dbbe826bdc99c33d693b
