Asia Pacific Automotive Operating System Market Revenue to Exceed USD 3.5 Billion by 2026
According to a recent study from market research firm Graphical Research, the Asia Pacific automotive operating system market size is poised to expand at substantial CAGR during the forecast period. The augmenting demand for electric vehicles (EVs), autonomous cars, and other self-driving vehicles is responsible for the stable progression of APAC automotive operating system (OS) industry through the next five years. The demand for passenger cars has been spiraling across the region since the past few years. Constant technological upgrades and the resultant development of innovative products is enabling the growth of the automotive industry in Asia.
The Asia Pacific automotive operating system market size is projected to reach $3.5 billion through 2026 every year. Numerous South Korean and Chinese automotive enterprises are partnering with local OS providers for customizing their systems as per vehicle requirements. For instance, during May 2021, Chinese EV manufacturer WM Motor, announced its plan to partner with Blackberry Limited for integrating QNX operating system.
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The automotive OS market share from the commercial vehicle segment in APAC is slated to rise at a 20% CAGR over 2020-2026. This trend is triggered by the growing deployment of latest driver assistance technologies and autonomous driving systems. These are integrated in commercial vehicles including heavy-duty trucks and light commercial vehicles (LCVs). Leading automakers are accelerating the integration of connected vehicle systems and telematics, powering automotive OS industry outlook in Asia Pacific.
South Korea automotive operating system industry size could expand steadily due to the growing opportunities through 2026, fueled by the collaborative moves across the automotive sector in the country. The post-COVID-19 pandemic scenario appears to be promising for the automotive OS system market in South Korea, triggered by the escalating trend of technological innovations in the niche.
For instance, Blackberry Limited collaborated with Baidu Inc., for developing a novel autonomous driving technology during January 2020. The companies leveraged their joint capabilities toward high-definition maps into the QNX Neutrino operating system. They have also been emphasizing mass production of these systems, apart from their deployment across EVs.
The Asia Pacific automotive operating system market is likely to grow at a robust pace through 2026. The need for ADAS connected technologies and other automotive applications is being addressed by the Linux operating system. Industry participants are focusing on innovations and developments. For instance, during April 2020, AGL announced the latest code for its infotainment platform, the Unified Code Base 9.0, with additional capabilities.
Asia Pacific automotive operating system market share from passenger vehicle segment is slated to command over 80% of the total market, growing at more than 18% CAGR through 2026. This is because of the mounting customer demand for a superior in-vehicle experience, which can be fulfilled by using connected car operating systems.
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Regional OEMs have been deploying personalized connected car operating systems, promising an enhanced experience. As per the International Organization of Motor Vehicle Manufacturers, more than 43 million passenger car units were manufactured across Asia & Oceania, as of December 2020. Blackberry Limited, Alphabet Inc., Wind River Systems Inc., Automotive Grade Linux, and Blackberry Limited are some major automotive OS providers in Asia Pacific.
Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Research methodology
1.2 List of data sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Market Snapshot
2.1 Asia Pacific Automotive Operating System Market snapshot
Chapter 3 Asia Pacific Automotive Operating System Industry Insights
3.1 Industry coverage
3.2 Industry size, 2015 – 2026
3.3 Impact of COVID-19 pandemic
3.4 Value chain analysis
3.4.1 Company product snapshot
3.5 Innovation landscape
3.6 Regulatory norms & directives
3.7 Drivers & restraints
3.7.1 Market drivers
3.7.2 Market restraints
3.8 Industry analysis - Porter's
3.9 Competitive benchmarking, 2019
3.9.1 Strategy dashboard
3.10 PEST analysis
Browse complete Table of Contents (ToC) of this research report @ https://www.graphicalresearch.com/table-of-content/1818/asia-pacific-automotive-operating-system-os-market
About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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