The global Over the Air Engine (OTA) Control Module Market is projected to grow from USD 1,108.6 million in 2020 to USD 2,204.9 million by 2028 at a CAGR of 19.7% during the forecast period. In the field of engine and powertrain control, over the Air Engine (OTA) control module is an advanced concept. Various engine and vehicle operation parameters such as fuel mixture, emissions monitoring, ignition timing, fuel pump operation, ABS controls, engine cooling, and so on are controlled by the ECU/PCM in automobiles. Heavy and light commercial vehicles are among the first to implement this technology, with OEMs including their own self-designed OTA control module in the vehicles.
The market's expansion can be attributed to rising demand for connected devices in automobiles, as well as the increased use of internet services. OTA updates are software upgrades that are transmitted wirelessly to vehicles that have already been purchased. Furthermore, the market is expected to rise due to rising demand for advanced systems and software in automobiles, such as infotainment and telematics systems. Furthermore, OTA delivers speedy, time-saving, and cost-effective upgrades for the cars' electronic control units via the internet, obviating the need to visit a service center. This is another important aspect that is expected to boost market growth.
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This Survey report covers the major market insights and industry approach toward growth in the upcoming years. The Over the Air Engine Control Module market report presents data and information on the development of the investment structure, technological improvements, market trends and developments, capabilities and comprehensive information on the key players of the Over the Air Engine Control Module market. The worldwide market strategies undertaken, with respect to the current and future scenario of the industry, have also been listed in the study.
The study addresses the elements driving the worldwide Over the Air Engine Control Module Market. Traders and investors can use this data to strategize to increase market share and newcomers can use it to locate opportunities and grow in the business. There are also some restrictions on the expansion of this market. The Over the Air Engine Control Module Market study also provides company biographies, SWOT analysis and business strategies for major industry players. In addition, the research focuses on key industry players, providing details such as business descriptions, skills, current financials and company advancements.
The report begins with a brief presentation and overview of the Over the Air Engine Control Module market, about the current market landscape, market trends, major market players, product type, application and region. It also includes the impact of COVID-19 on the global Over the Air Engine Control Module market trends, future forecasts, growth opportunities, end-user industries and market players. It also provides historical data, current market scenarios and future insights into the Over the Air Engine Control Module market. This study provides a comprehensive understanding of market value with the product price, demand, gross margin and supply of the Over the Air Engine Control Module market. The competitive perspective section of the report presents a clear insight into the market share analysis of the major players in the industry.
Global Over the Air Engine Control Module Market Segmentation:
The key players covered in this study
Robert Bosch GmbH
Continental AG
HARMAN International.
Airbiquity Inc.
Aptiv.
ATS Advanced Telematic Systems GmbH
Samsung Electronics Co., Ltd.
FUJITSU.
Infineon Technologies AG
Market segment by Type, the product can be split into
Electronic Control Unit
Telematics Control Unit
Infotainment
Safety & Security
Market segment by Application, split into
Passenger Cars
Commercial Vehicles
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The key points of the report:
1. The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
2. The report explores the international major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, market shares for each company.
3. Through the statistical analysis, the report depicts the global total market of Over the Air Engine Control Module industry including capacity, production, production value, cost/profit, supply/demand import/export.
4. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5. The report then estimates 2022-2028 market development trends of Over the Air Engine Control Module industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.
6. The report makes some important proposals for a new project of Over the Air Engine Control Module Industry before evaluating its feasibility.
The Global Over the Air Updates Market for automotive is expected to exhibit a strong 15% CAGR over the forecast period from 2018 to 2025, according to the latest research report from Market Research Future (MRFR).
The global automotive over the air updates market is analyzed fully in the report, which takes a look at the comprehensive performance figures of the market over the last few years to present a detailed review of the market’s key drivers, leading players, and dominant segments.The automotive over the air updates market has rapidly risen in stature to become a key component of the global automotive industry over the last few years.
The growing use of electronics in vehicles and the growing demand for automated electronic monitoring of the vehicle have led to a growing demand from the global automotive over the air updates market.
The growing demand for autonomous and connected vehicles is likely to be a key driver for the global automotive over the air updates market over the forecast period, as autonomous and connected cars rely heavily on their software programming to ensure steady performance and safety of the car’s occupants.On the other hand, the difficulties in building a suitable software architecture for over the air updates in the automotive sector have held the market back.
The risk of cybercrimes through automotive software systems is also quite high, which is likely to be a key restraint for the global automotive over the air updates market over the forecast period.
Developing secure architecture of automotive over the air updates is likely to be a key avenue for players in the global automotive over the air updates market over the forecast period.Competitive Analysis:Leading players in the global automotive over the air updates market include Infineon Technologies AG, Garmin Ltd., Denso Corporation, Continental AG, Airbiquity Inc., Microsoft Corporation, NVIDIA Corporation, Delphi Automotive, Robert Bosch GmbH, and HARMAN International.In May 2019, General Motors announced that it is working on building a comprehensive software platform for its cars that can be regularly updated over the air.
