Automotive Operating System Market worth $25.8 billion by 2030
The global automotive operating system market size was valued at USD 12.7 billion in 2022 and is expected to reach USD 25.8 billion by 2030, at a CAGR of 9.2% from 2022 to 2030. Factors such as growing number of ECUs/domain controllers in vehicles, along with the increase in the penetration of ADAS technology in vehicles will boost the demand for the automotive software such as OS. Increase in developments related to autonomous vehicles, in conjunction with rising penetration of electric vehicles will create new opportunities for this market. Companies operating in the market are focusing on product enhancement in order to gain competitive advantage in the global market.
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Growing number of ECUs/domain controllers in vehicles
Every vehicle requires electronic-based components in its powertrain and chassis systems, body electronics and connectivity systems, and safety and convenience systems. Some of the increasing applications of electronic-based systems in vehicles are automatic transmission, voice recognition and biometric systems, antilock braking systems, power steering, blind spot detection, lane departure systems, headlights, ADAS, and park assist technologies. These applications are controlled by one or more ECUs. With the addition of advanced and connected technologies in a vehicle, the complexity and number of ECUs have also increased in recent years. This, in turn, will increase the need for automotive operating systems in the near future.
Opportunity: Advent of software-defined vehicles
The automotive industry has started shifting its focus towards software-centric vehicles from hardware-defined vehicles. This transformation has given birth to software-defined vehicles. The features and functions of these vehicles are primarily enabled through automotive software. Today, most premium vehicles have up to 150 million lines of software codes, which are typically proportionate among hundreds of electronic control units (ECUs) and a rising number of cameras, RADAR, and light detection and ranging (LiDAR) devices, among others.In the past, automotive manufacturers used to differentiate their product offerings with mechanical features such as torque and horsepower. However, in today’s scenario, consumers/buyers are interested in features defined by software such as infotainment innovations, intelligent connectivity solutions, driver assistance features, and V2X communication solutions.
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