In-Vehicle Computer System Market by Application and Geography - Forecast and Analysis 2022-2026

The in-vehicle computer system market is projected to grow by USD 2.34 billion with a CAGR of 15.07% during the forecast period 2021 to 2026.

This in-vehicle computer system market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the in-vehicle computer system market segmentation by application (passenger vehicle and commercial vehicle) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The in-vehicle computer system market report also offers information on several market vendors, including AAEON Technology Inc., Acrosser Technology Co. Ltd., ADLINK Technology Inc., American Portwell Technology Inc., Avalue Technology Inc., Axiomtek Co. Ltd., IBASE Technology Inc., IEI Integration Corp., JLT Mobile Computers AB, Lanner Electronics Inc., Neousys Technology Inc., NEXCOM International Co. Ltd., OnLogic Inc., Premio Inc., roda computer GmbH, S&T AG, SD OMEGA Co. Ltd., SINTRONES Technology Corp., WINSONIC ELECTRONICS CO. LTD., and ZF Friedrichshafen AG among others.

What will the In-Vehicle Computer System Market Size be During the Forecast Period?

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In-Vehicle Computer System Market: Key Drivers, Trends, and Challenges

The research studied the historical data considered for years, with 2021 as the base year and 2022 as the estimated year, and produced drivers, trends, and challenges for the in-vehicle computer system market.

Key In-Vehicle Computer System Market Driver

The high correlation between consumer electronics and connected vehicle solutions is notably driving the in-vehicle computer system market growth. Economies of scale play an important role in today's market for leveraging the use of technology. For instance, the adoption rate of smartphones internationally has improved substantially in the past 4-5 years, thanks to the decline in their price, which has been fueled by the benefits of economies of scale that smartphone manufacturers have gained through the growth in production. Earlier, automotive OEMs created confusion among customers by offering conventions that were different from consumer electronics. They adopted this process to increase the cost for the suppliers of these systems as they provided solutions to both segments. However, discussions with OEMs regarding the design of vehicle interiors to enhance system efficiency allowed suppliers to benefit from their consumer electronics development efforts and come up with new user interfaces that are easy to use and develop. Therefore, the reduction in the complexity and price of the systems mutually benefits both automotive OEMs and suppliers. This is expected to be a crucial driver for the in-vehicle computer system market during the forecast period.

Key In-Vehicle Computer System Market Trend

Increased integration of smartphones is the primary trend driving the in-vehicle computer system market growth. Consumers connect their smartphones and tablets to the vehicles' infotainment systems to access enhanced entertainment and information. For instance, Apple's car integration platform Carplay and Android Auto are used widely by automobile OEMs in their infotainment systems, which allow users to connect their smartphones to the car's hardware. However, most of the features available in infotainment systems, such as access to content, including media, navigation systems, Internet connectivity, and social networking applications, are available on mobile devices. This may act as a barrier to the growth of existing automobile infotainment systems. Therefore, to cater to the changing demands of consumers, automotive OEMs are collaborating with smartphone and tablet manufacturers to provide in-vehicle products and services. The growing demand for electronics in vehicles is compelling automotive OEMs to develop applications that will allow consumers to connect their smartphones to the vehicle to provide the real-time status of their vehicle battery.

Key In-Vehicle Computer System Market Challenge

Design complexity and technological challenges are the major challenges impeding the in-vehicle computer system market growth. Vendors and suppliers are undertaking efforts to design a customer interface that is less expensive, much less distracting, easy, and widely available. As connectivity solutions are increasingly integrated into vehicles, the complexity of the electronics required to control these features has also increased. Technological advances, an immense variety of functions, and various connectivity alternatives have made telematics and infotainment systems particularly sophisticated. The automotive segment has seen a shift from radio/audio systems in the early years to the adoption of advanced driver assistance systems in recent years and the industry is on course toward fully autonomous vehicles, which further adds to the sophistication of in-vehicle systems. In addition, numerous software solutions are needed for each new application, which makes the in-vehicle computer system more complex. Hence, to reap maximum benefits, drivers need to learn how to handle all these complex solutions efficiently. This is a challenge for the global in-vehicle computer system market. 

This in-vehicle computer system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global in-vehicle computer system market as a part of the global automotive components and accessories market. Our research report has extensively covered the external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the in-vehicle computer system market during the forecast period.

Who are the Major In-Vehicle Computer System Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

• AAEON Technology Inc.
• Acrosser Technology Co. Ltd.
• ADLINK Technology Inc.
• American Portwell Technology Inc.
• Avalue Technology Inc.
• Axiomtek Co. Ltd.
• IBASE Technology Inc.
• IEI Integration Corp.
• JLT Mobile Computers AB
• Lanner Electronics Inc.
• Neousys Technology Inc.
• NEXCOM International Co. Ltd.
• OnLogic Inc.
• Premio Inc.
• roda computer GmbH
• S&T AG
• SD OMEGA Co. Ltd.
• SINTRONES Technology Corp.
• WINSONIC ELECTRONICS CO. LTD.
• ZF Friedrichshafen AG

 

This statistical study of the in-vehicle computer system market encompasses successful business strategies deployed by the key vendors. The in-vehicle computer system market is fragmented, and the vendors are deploying growth strategies such as investing heavily in IoT to compete in the market.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The report on the in-vehicle computer system market contains comprehensive market knowledge and an in-depth vendor landscape add-on to an analysis of the key vendors.

In-Vehicle Computer System Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain and parent market of the in-vehicle computer system market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also the optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for In-Vehicle Computer System Market?

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34% of the market’s growth will originate from North America during the forecast period. The US is the key market for the in-vehicle computer system market in North America. Market growth in this region will be faster than the growth of the market in other regions.

The increased spending on connectivity technologies by tech-savvy customers and the major presence of the tech base in Silicon Valley will facilitate the in-vehicle computer system market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID-19 Impact and Recovery Analysis

The market in North America witnessed a temporary decline in 2020 and early 2021 owing to the COVID-19 pandemic. A drop in the demand for luxury and connected cars and limited spending on advanced automotive technologies, such as in-vehicle computer systems owing to the COVID-19 pandemic, slowed down the adoption of in-vehicle computer systems in the region in 2020. These factors are expected to hinder market growth in North America during the forecast period. The resumption of vehicle production in top vehicle-manufacturing countries in the region, such as the US and Canada, from August 2020 resulted in an uptick in the automotive industry. Depending on the containment of the COVID-19 pandemic, ongoing vaccination drives, and the easing of lockdown-induced restrictions, the situation had improved in 2022, and the market will witness growth by the latter half of the forecast period. 

What are the Revenue-generating Application Segments in the In-Vehicle Computer System Market?

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The in-vehicle computer system market share growth in the passenger vehicle segment will be significant during the forecast period. The daily rise in the numbers of passengers, particularly in emerging economies, the increased use of cutting-edge automobile production technologies, the expansion of the automotive sector, and the growing integration of cutting-edge passenger security and safety systems in vehicles are the major factors leading to the growth of the passenger vehicle segment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the in-vehicle computer system market size and actionable market insights on the post-COVID-19 impact on each segment.

 

In-Vehicle Computer System Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 15.07%
Market growth 2022-2026	$2.34 billion
Market structure	Fragmented
YoY growth (%)	15.01
Regional analysis	North America, Europe, APAC, South America, and the Middle East and Africa
Performing market contribution	North America at 34%
Key consumer countries	US, China, Germany, UK, and France
Competitive landscape	Leading companies, Competitive Strategies, Consumer engagement scope
Key companies profiled	AAEON Technology Inc., Acrosser Technology Co. Ltd., ADLINK Technology Inc., American Portwell Technology Inc., Avalue Technology Inc., Axiomtek Co. Ltd., IBASE Technology Inc., IEI Integration Corp., JLT Mobile Computers AB, Lanner Electronics Inc., Neousys Technology Inc., NEXCOM International Co. Ltd., OnLogic Inc., Premio Inc., roda computer GmbH, S&T AG, SD OMEGA Co. Ltd., SINTRONES Technology Corp., WINSONIC ELECTRONICS CO. LTD., and ZF Friedrichshafen AG
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this In-Vehicle Computer System Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive in-vehicle computer system market growth during the next five years
• Precise estimation of the in-vehicle computer system market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the in-vehicle computer system industry across North America, Europe, APAC, South America, and the Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of in-vehicle computer system market vendors

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