The Global Automotive eCall Market Size Was Valued at USD 4.63 Billion In 2023 And Is Projected to Reach USD 9.44 Billion By 2032, Growing at A CAGR of 8.24% From 2024 To 2032.
An automotive emergency name gadget is an "in-automobile" emergency call system that permits conversation strains to be established in the occasion of a car coincidence or malfunction. This machine includes each an automatic and manual e-calling mechanism, as well as a voice response this is sent to the emergency service issuer through an automatic call to an emergency wide variety. The automatic name is induced by means of precise occasions, consisting of a car breakdown, the activation of airbags, or a car collision. A manual e-calling device is also available, in which motors are equipped with a guide button that permits the occupant to dial an emergency variety in the event of a coincidence or if the vehicle's machine fails. The growing call for car emergency call (eCall) structures may be ascribed to a want for improved vehicle safety.
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Top Key Players:
- Thales Group (France)
- Continental AG (Germany)
- Robert Bosch GmbH (Germany)
- Telit (U.K.)
- STMicroelectronics (Switzerland)
- u-blox (Switzerland)
- Visteon Corporation (U.S.)
- Texas Instruments Incorporated. (U.S.)
- Valeo (France) and other major players.
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Market Dynamics and Factors of Automotive eCall Market
Drivers:
The developing demand for linked technologies inside the car industry, in addition to accelerated demand from a growing fleet of self-sustaining cars and a growing global electric powered automobile fleet and manufacturing, are all contributing to the market's increase. Increased urbanization, demographic changes, a development in the widespread of residing, and a boom in disposable cash are the number one drivers of automobile income and production global. Rising site visitor’s congestion and a high charge of street injuries are developing client protection worries and growing their choice for extended vehicle protection and protection features, resulting in a full-size call for these structures round the arena. Furthermore, automakers are implementing these systems in motors in reaction to accelerated motive force and passenger protection concerns, in addition to lessen road fatalities and supply activate assistance to injured persons
Restraints:
Due to the plain COVID-19 epidemic, growth in the car eCall enterprise is expected to be confined in 2020. The automotive industry has been hit particularly tough through the epidemic, in view that statewide lockdowns and stopped financial activities around the arena have led to a sharp drop in car manufacturing. According to the European Automobile Manufacturers Association, manufacturing unit closures within the European Union (EU) have led to output losses of 2,446,344 cars as of June 2020. Furthermore, supply chain interruptions have led vehicle manufacturers to halt manufacturing. Hyundai and Kia, for instance, shut numerous meeting traces in South Korea in February 2020, at the same time as Nissan stated that it'll cease manufacturing in Japan. These poor incidents will really have an impact at the adoption of car eCall this 12month.
Opportunities:
The Next-generation Telematics Protocol (NGTP) is an era that intends to convey extra flexibility and scalability to the auto industry to allow better connectivity and integration of statistics and services even as integrating with the ECall gadget for advanced connectivity. As a result, the car ECall marketplace is projected to have attractive potential over the forecast length.
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Segmentation Analysis of Automotive eCall Market:
By Type
- Automatic
- Manual
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
By Installation
- Third party service (TPS) eCall
- Standard eCallBy
Region
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
- Middle East Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Market Landscape: -
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Challenges
- Market Trend Analysis
- PESTLE Analysis
- Porter's Five Forces Analysis
- Industry Value Chain Analysis
- Ecosystem
- Regulatory Landscape
- Price Trend Analysis
- Patent Analysis
- Technology Evolution
- Investment Pockets
- Import-Export Analysis
- Potential Market Strategies
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