+1-888-308-5802     
News Contact Us

Automotive Over-The-Air Updates Market in the North America to witness significant growth rate due to strong domestic demand in coming years

Author : Ronak Bora | Published Date : 2019-06-10 

The Automotive Over-The-Air Updates Market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

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 over-the-air updates market over the forecast period.

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

Europe automotive over-the-air 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.

Asia Pacific region is expected to be the fastest-growing automotive over-the-air 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.

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 over-the-air updates market growth in the projected timeframe.

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

Based on application the automotive over-the-air 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.

Automotive over-the-air 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.

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

The key players in automotive over-the-air 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

Antimicrobial Coatings Market Size is driven by strong application trends in healthcare application segment

Published Date: 2019-08-09         Author: Ronak Bora

Global antimicrobial coatings market is segmented into medical & healthcare application, indoor air quality application, food application, antimicrobial textile application, mold remediation application and construction. Medical & healthcare application segment can experience substantial ... Read More

Aromatic Solvents Market Size to witness heavy growth prospects via paints & coatings sectors

Published Date: 2019-08-09         Author: Ronak Bora

Aromatic solvents market finds extensive application in varied sectors such as automotive, oilfield chemical, pharmaceutical, and paints & coatings. Pharmaceutical application will exhibit a CAGR of more than 2% over 2016- 2024, owing to its significant usage in drug formulation. Paints & co... Read More

Synthetic Lubricants Market in Europe Will Touch $1.67 Billion Up To 2023

Published Date: 2019-08-09         Author: Ronak Bora

Europe synthetic lubricants market price is predicted to surpass $1.67 billion by end of 2023 due to presence of key automobile and airplaneproducing firms like Audi, Airbus, Volkswagen, Rolls Royce, Mercedes and BMW. Asia Pacific, led by India and China synthetic lubricants market, is predicted ... Read More

© 2019 Fractovia. All Rights Reserved