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Automotive Hypervisor Market By Product Type (Type-1, Type-2), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles) - Growth, Future Prospects & Competitive Analysis, 2019 – 2027

The global automotive hypervisor market is expected to grow at a CAGR of 17.3% during the forecast period from 2019 to 2027.

A hypervisor is a software that provides a virtual representation of hardware components in autonomous and semi-autonomous vehicles. It is used for establishing seamless communication between hardware and a virtual machine, which helps in controlling the vehicle in an efficient manner.

Continuous advancements and growing demand for automotive technologies, such as autonomous driving modes, vehicle telematics, etc., are some of the major factors driving the global automotive hypervisor market across the globe.

Automotive hypervisors are used across various vehicle types, such as passenger cars, light commercial vehicles, and heavy commercial vehicles, as per their level of autonomy, i.e., fully autonomous or semi-autonomous.

Among all vehicle types, the passenger car segment is expected to be the fastest growing segment as passenger car owners are increasingly opting for either autonomous or semi-autonomous vehicles, citing benefits such as better efficiency and improved safety.

Autonomous vehicles provide advanced driver assistance systems that eliminate accidents caused by human error. As a result, the growing demand for autonomous vehicles is projected to facilitate the growth of the automotive hypervisor market in the years to come.

Market Snapshot

Type-1 hypervisors accounted for the largest market share in 2018.

Type-1 hypervisors accounted for the largest market share in 2018. This type of hypervisor provides better performance as compared to its counterparts. The virtual layer of the type-1 hypervisor interacts directly with the kernel of the operating system, making the hardware of the vehicle more efficient.

Type-1 hypervisors are independent of the operating system of the vehicle as they directly run on the host's hardware. In the event of a problem in one virtual machine, the other guest operating systems running on the hypervisors are not affected. Hence, it is regarded as the more secure and efficient automotive hypervisor type.

North America Garnered the Largest Market Share in 2018

In terms of geography, North America led the automotive hypervisor market in 2018 and is expected to remain dominant during the forecast period from 2019 to 2027.

The growth of this region is mainly backed by stringent government regulations in countries like the U.S. and Canada, where the installation of specific automotive safety technologies is mandatory. North America is home to a large number of well-established manufacturers that are investing in autonomous technologies.

Relatively better penetration of autonomous cars coupled with a growing inclination towards road safety has attracted significant investments in the R&D of autonomous vehicles. This, in turn, is supporting the demand for automotive hypervisors in the North American region.

Competitive Insights

Major players profiled in the automotive hypervisors market study include Mentor Graphics Corporation, BlackBerry Limited, Renesas Electronics Corporation, Sasken Technologies Limited, Continental AG, Visteon Corporation, Wind River Systems, Baidu Inc., NXP Semiconductors N.V., Siemens AG, Harman International Industries, Inc., Citrix Systems Inc., VMware Inc., etc. These companies are heavily investing in R&D to gain the upper hand in the market.

For instance, in June 2018, BlackBerry Limited announced the launch of three automotive software products that are safety certified. These products will ease the trials of building exclusive automotive systems that are compatible with ISO 26262, which is the safety standard of the automotive industry.

BlackBerry's QNX Hypervisor for Safety, i.e., QNX OS for Safety 2.0 and QNX Platform for ADAS 2.0, provides the software foundation upon which safe and secure systems can be built.

Periods of History and Forecast

The research report presents the analysis of each segment from 2017 to 2027,considering 2018as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The automotive hypervisor market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global automotive hypervisor market based on product type, vehicle type, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

  • What was the size of the automotive hypervisor market in 2017, and what is the projected size through 2027?
  • What are the key factors driving the global automotive hypervisor market?
  • What are the key market trends and high-growth opportunities observed in the automotive hypervisor market?
  • What are the drivers of the automotive hypervisor market?
  • Which is the largest regional market for automotive hypervisors?
  • Which segment will grow at a faster pace? Why?
  • Which region will drive the market's growth? Why?
  • Which players are leading the automotive hypervisor market?
  • What are the sustainability strategies adopted by the key players operating in the market?

Frequently Asked Question:

The market for Automotive Hypervisor Market is expected to reach USD$ XX in 2027.

The Automotive Hypervisor Market is expected to see significant CAGR growth over the coming years, at 17.3%.

The report is forecasted from 2019 -2027.

The base year of this report is 2018.

BlackBerry Limited, Renesas Electronics Corporation, Sasken Technologies Limited, Continental AG. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jun 2019
Category:  Technology & Media
Report ID:   59718
Report Format:   PDF
Pages:   120
Rating:    4.4 (49)
Delivery Time: 24 Hours to 48 Hours   
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