Authored By: Sarah
21 Oct 2021

Automotive Technologies Market | Discover Top Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025

Global automotive technologies market will post an incremental growth of $ 134.06 bn and decelerate at a CAGR of  11.04% during the forecast period. Our research report segments the market into major segments and the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


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Automotive Technologies Market: Segments and Leading  Regions

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • Market is segmented Component (hardware, software, and services) and Geography (APAC, Europe, North America, MEA, and South America).
  • The APAC region emerged as the leading segment in recent years. 53% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Automotive Technologies Market size.

Automotive Technologies Market Size to Grow by $ 134.06 bn through 2021-2025 | Leading Segments and Market Trends

Automotive Technologies Market: Top Trends, Drivers, Challenges to drive Market Recovery

Our report helps market players to discover the various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will provide clients with all the information they would require for designing a growth strategy for their business.

  • A key market driver for the Automotive Technologies Market will be rising adoption of adas features in vehicles.
  • Another factor that will boost the market will be the Increasing adoption of electronics-based driving comfort & safety systems.
  • Lack of standard protocols is a hurdle that needs to be crossed on the path to success.

Automotive Technologies Market: Vendor Analysis

  • The market is fragmented.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • Continental AG, DENSO Corp., HELLA GmbH and Co. KGaA, Intel Corp., NVIDIA Corp., NXP Semiconductors NV, Renesas Electronics Corp., Robert Bosch GmbH, Xilinx Inc., and ZF Friedrichshafen AG are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is decelerate at a CAGR of 11.04%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 134.06 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Rising adoption of ADAS features in vehicles will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    53% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Continental AG, DENSO Corp., HELLA GmbH and Co. KGaA, Intel Corp., NVIDIA Corp., NXP Semiconductors NV, Renesas Electronics Corp., Robert Bosch GmbH, Xilinx Inc., and ZF Friedrichshafen AG

     
  7. What are the market segments covered in this report?
    The market is segmented by Component (hardware, software, and services) and Geography (APAC, Europe, North America, MEA, and South America)

Automotive Technologies: Top Drivers that will Enable COVID-19 Recovery

Growth Drivers and Market Forecast for 2021-2025

Technavio’s Automotive Technologies Market is set to grow by $ 134.06 bn, and the market will decelerate at a CAGR of 11.04% till 2025. This research report identifies and analyses the growth drivers that will boost market growth. It also provides a thorough understanding of all the segments, trends and challenges that are likely to have an impact on the future prospects fo the market in focus.


Request for our free sample report to get a glimpse into our exhaustive research and analysis: Download FREE Sample Report


Automotive Technologies Market: What are the factors that will drive market growth?

^A detailed study of market drivers enables market players to leverage these factors to drive growth. Technavio’s research reports provide a comprehensive analysis of all the other factors that will drive market growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. One of the key drivers that will boost this market is Rising adoption of ADAS features in vehicles. For more insights on the impact of this and all the other drivers, request for our FREE sample report:

Automotive Technologies Market Size to Grow by $ 134.06 bn through 2021-2025 | Leading Segments and Market Trends

Automotive Technologies Market: Segment List

This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Automotive Technologies Market is segmented by Component (hardware, software, and services) and Geography (APAC, Europe, North America, MEA, and South America). Request our Free Sample Report

Automotive Technologies Market: Continental AG, DENSO Corp., HELLA GmbH and Co. KGaA, Intel Corp., NVIDIA Corp., NXP Semiconductors NV, Renesas Electronics Corp., Robert Bosch GmbH, Xilinx Inc., and ZF Friedrichshafen AG are some of the leading competitors

The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. Marke players must distinguish their product and service offerings through a clear and unique value proposition to prosper in this competitive market.  Continental AG, DENSO Corp., HELLA GmbH and Co. KGaA, Intel Corp., NVIDIA Corp., NXP Semiconductors NV, Renesas Electronics Corp., Robert Bosch GmbH, Xilinx Inc., and ZF Friedrichshafen AG are some of the major market participants. The report offers a detailed analysis of each of the above-listed vendors and their product portfolio.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is decelerate at a CAGR of 11.04%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 134.06 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Rising adoption of ADAS features in vehicles will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    53% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Continental AG, DENSO Corp., HELLA GmbH and Co. KGaA, Intel Corp., NVIDIA Corp., NXP Semiconductors NV, Renesas Electronics Corp., Robert Bosch GmbH, Xilinx Inc., and ZF Friedrichshafen AG
     
  7. What are the market segments covered in this report?
    The market is segmented by Component (hardware, software, and services) and Geography (APAC, Europe, North America, MEA, and South America)
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