+1-888-308-5802     
News Contact Us

North America Automotive OTA Updates Market to witness robust growth during forecast period

Author : Ronak Bora | Published Date : 2019-04-05 

A comprehensive research study on Automotive OTA Updates Market introduced by Global Market Insights, Inc. provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of market in terms of the demand landscape, driving factors and growth strategies adopted by market players.

North America is anticipated to offer various growth prospects for the automotive over-the-air updates market owing to strong domestic demand. In 2015, the U.S. annual domestic sales surpassed 18 million units whereas automotive electronics market size was valued at USD 40 billion. The regional automobile industry is expected to witness significant changes with collaboration of regional and foreign automobile manufacturers. The key players in the market such as General Motors announced plans to offer over-the-air (OTA) software upgrades before 2020. This will propel automotive OTA updates market over the forecast period.

Request For Table Of Content @ www.gminsights.com/request-toc/upcoming/2087

Based on application the automotive OTA updates market is segmented into ECU, TCU, infotainment, and safety & security. Increasing adoption of software updates by OEMs to fix glitches and security vulnerabilities quickly and remotely will boost industry size. The adoption of OTA software upgrades can abolish recalls and their accompanying warranty costs. Therefore, enlightening customer satisfaction and preserving the OEM’s brand image.

OTA software upgrades can bridge the gap between the modifications in software and hardware by providing the much-desired upgradability. Growing application of software, proliferation of connected car and rising trend of automated driving and self-driving cars may impulse more software-related defects. This will drive automotive OTA updates market growth in the projected timeframe.

Automotive OTA updates market to witness considerable growth, owing to rising demand for better, economical and faster way to detect, report and fix defects. Increasing security concern in connected cars which are driven by the role of software’s will drive industry growth. Thus, software management throughout the entire lifecycle of vehicle becomes top priority for carmakers. These factors are anticipated to propel automotive over-the-air updates market size in the forecast period.

Make an inquiry before buying this report @ www.gminsights.com/inquiry-before-buying/2087

Asia Pacific region is expected to be the fastest-growing automotive OTA updates market attributed to increasing tech-savvy car buyer’s population. Rising disposable income coupled with high standard of living will drive demand for connected cars in the region. China is projected to be dominating country for connected cars owing to supportive government policies and accessibility of advanced technologies. Rising trend of teleservices, telediagnostic and teleassistance will drive automotive over-the-air updates market growth.

Europe automotive OTA updates market is dominated by Germany owing to substantial investment in research and development of technology advanced connected cars over the forecast period. Increasing demand for self-driven cars is likely drive industry growth. Furthermore, rising safety concerns are also anticipated to augment industry size.

Browse Full Report Summary @ www.gminsights.com/industry-analysis/automotive-over-the-air-ota-updates-market

The key players in automotive OTA updates market are Delphi Automotive, Continental AG, Denso Corporation, Robert Bosch GmbH. In addition, research institutes such as European Automobile Manufacturers Association, Canadian Automobile Association, Japan Automobile Manufacturers Association, and Korea Automobile Manufacturers Association are also involved in development of new applications that can ensure vehicle safety integrated with modern systems.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

Related News

Asia Pacific Recyclable Thermosets Market Size 2025 Will Witness Tremendous Growth Via Plastic Production

Published Date: 2019-07-17         Author: Ronak Bora

Recyclable thermosets market Asia Pacific thermoset market size was the largest and is also expected to witness highest gains at over 11% up to 2023 owing to growth of end-use industries such as automobile and construction. North America is expected to witness significant gains at over 10% from 2016... Read More

Asia Pacific Phosphate Fertilizers Market Size To Register Extensive Growth Up to 2025

Published Date: 2019-07-17         Author: Ronak Bora

Asia Pacific phosphate fertilizer market size was dominant and accounted for more than 55% total demand in 2015. China was major producer and is anticipated to add production capacities over the forecast period owing to rise in crop demand. North America accounted for over 25% in 2015. Latin America... Read More

North America Leather Chemicals Market Size To Procure Substantial Returns From Footwear Applications

Published Date: 2019-07-17         Author: Ronak Bora

Speaking of shoes, footwear applications dominated the overall leather chemicals market in 2016 with a contribution of more than 50%, and is expected to grow significantly over the years ahead, owing to enhanced consumer lifestyles, high demand for worker safety in manufacturing industries, and the ... Read More

© 2019 Fractovia. All Rights Reserved