From GlobeNewswire: 2024-05-28 06:00:00

The Global Automotive Hypervisor Market is projected to grow from USD 264.32 million in 2023 to USD 2789 million by 2033, with a CAGR of 26.57%. This growth is driven by factors such as demand for luxury vehicles, technological advancements, and market expansions. Semi-autonomous vehicles and passenger cars are expected to dominate the market. The Asia Pacific region is anticipated to hold the largest market share, while Europe is expected to see the fastest CAGR growth.

Technological advancements, like the use of hypervisor systems in self-driving vehicles, contribute to improving road safety and reducing accidents. Acclaimed automakers such as Mercedes-Benz are integrating intelligent mobility technologies, Electronic Control Units, and powertrain system enhancements. Although budget vehicles might lack some entertainment and safety features, their affordability helps maintain overall vehicle prices low.

Major players in the Global Automotive Hypervisor Market include Windriver System, Renesas Electronic Corporation, Siemens AG, and others. Market growth is expected due to factors like rising vehicle production, modern technology integration, consumer acceptance of electric vehicles, and shared mobility. Recent developments include Elektrobit’s introduction of an automotive-grade, real-time operating system and hypervisor for Infineon Technologies AG’s new AURIX TC4x microcontroller.



Read more at GlobeNewswire: Global Automotive Hypervisor Market Size To Exceed USD 2789