Automotive Hypervisor Market Size, Share, Opportunities, And Trends By Vehicle Type (Passenger Cars, Commercial Vehicles), By Type (Bare Metal Or Type 1, Hosted Or Type 2), And By Geography - Forecasts From 2024 To 2029

  • Published : Jan 2024
  • Report Code : KSI061615200
  • Pages : 132

The automotive hypervisor market is expected to experience a CAGR of 32.07% throughout the forecast period, reaching a market size of US$5404.072 million by 2029. This represents a substantial increase from US$771.041 million recorded in 2022.

Automobile hypervisor allows many operating systems to operate simultaneously on a single hardware platform, such as the electronic control unit (ECU) of a car. The growing intricacy of automotive systems and the incorporation of sophisticated functionalities propel the automotive hypervisors market. Hypervisors help connected cars receive updates over the air, maximize resource consumption, and improve safety. They are essential in maintaining security and adhering to industry requirements by separating critical and non-critical systems.

Automotive hypervisors provide passenger automobiles with several advantages, including enhanced performance, lower power consumption, and higher safety and security. Hypervisors are a practical option for contemporary passenger automobiles because of these benefits. Electronic control units (ECUs) in passenger automobiles are responsible for a variety of operations, including entertainment systems, brakes, and engine management

Rise in electric and hybrid vehicles to propel the automotive hypervisor market.

The automotive hypervisor market is majorly impacted by the increase in electric and hybrid automobiles. These cars have sophisticated powertrain management systems with energy regeneration, battery control, and electric motors. Automotive hypervisors are essential for effectively integrating and controlling these complex systems. Hypervisors facilitate the smooth coordination of several components, guaranteeing optimal performance, resource allocation, and safety in electric and hybrid cars by offering a virtualized environment. As per the International Energy Agency, in the transportation sector, there were over 26 million electric vehicles on the road in 2022, a 60% increase from 2021 and a five-fold increase over the number of vehicles in 2018. Electric solutions are gradually gaining traction in the bus and heavy-duty categories as well. With 220 new bus and truck models hitting the market in 2022, there were an increasing number of electric vehicles available. Over 80% of all sales of heavy-duty vehicles are now based in China, where the majority of the deployment takes place. Additionally, sales of this sector in Europe and North America were more than quadrupled in 2022 compared to 2021.  Furthermore, according to PIB, In India, in 2022, there were 27,81,69,631 non-electric vehicles in operation and 13,34, 385 electric vehicles. Also, according to the International Energy Agency (IEA), electric car sales are anticipated to reach 9,00,000 in India, in 2023 which is 50% higher than in 2022. Additionally, the electric car sales in India in the first quarter of 2023 have already doubled compared to the same period in 2022. Moreover, as per the estimates by the IEA, the number of worldwide electric car stocks reached more than 10 million in 2020, up 43% from 2019 and accounting for 1% of the stock share, following a decade of explosive expansion. In 2020, two-thirds of newly registered electric cars were battery electric vehicles (BEVs), making up two-thirds of the stock. China leads the world in the number of electric vehicles (4.5 million), while Europe saw the biggest yearly gain in 2020, reaching 3.2 million. As such, various companies are focusing on building electric vehicles which is anticipated to further fuel the automotive hypervisor market. For instance, Honda announced intentions to build an electric vehicle assembly plant in Wuhan, Hubei, alongside its Chinese joint venture partner Dongfeng in January 2022. The production facility is slated to begin operations in 2024 with a capacity of 120,000 electric vehicles per year.

It is projected that the automotive hypervisor market in the North American region will grow steadily. 

Hypervisor drives innovation in the automotive sector by converging functions such as 5G, AI, and IoT within a vehicle. Their usage enables integration of various standalone and integrated systems in a vehicle such as telematics, diagnostics, vehicle control, infotainment, and advanced driver assistance system (ADAS). The United States is witnessing a significant boost in next-generation technological adoption in automotive and with the booming commercial vehicle manufacturing coupled with the growing e-vehicle applications, the automotive hypervisors market is anticipated to show positive growth in the country. According to the International Organization of Motor Vehicle Manufacturers, in 2022, United States light commercial vehicle production witnessed a 9% increase with the overall production reaching 7.98 million units in comparison to 7.30 million units produced in 2021. Also, according to the International Energy Agency’s data, in Q1 of 2023, more than 320,000 electric vehicles were sold in the United States which represented a significant 60% increase over 2022’s sales volume for the same period. Additionally, favorable initiatives and efforts to promote virtualization technology adoption in automotive coupled with the investments and implementation of advanced driver assistance system (ADAS) are acting as an additional driving factor for USA automotive hypervisor market growth. Major market players such as BlackBerry have well-established presence in the USA and the company’s active participation in new launches and strategic collaboration with the major US-tech giants such as AWS has caused an upward market trajectory. In February 2021, the company launched “QNX Hypervisor 2.2” which enables automotive manufacturers to consolidate various embedded functions in a single hardware platform.

Market Key Developments

  • January 2023: The next-generation Cockpit Domain Controller (CDC) Unit from Marelli was equipped with Sibros' over-the-air software and data management solutions, as announced by the firm. With Blackberry QNX® Hypervisor support and cloud connectivity to AWS, Marelli's MInD-Xp offers a single platform and domain control unit (DCU) to run multiple guest operating systems and in-cabin features like infotainment, clusters, driver assistance systems, and head-up displays to improve the experiences of drivers and passengers in a cohesive Human-Machine Interface (HMI).
  • November 2023: The Linux Foundation hosted the open-source Hypervisor Xen Project and announced the release of Xen Project Hypervisor 4.18, which includes improved security and performance capabilities along with design improvements for HPC and ML applications. Overall, these agreements and collaboration lead to the automotive hypervisor market expansion.

Segmentation:

  • By Type:
    • Passenger Cars
    • Commercial Vehicles
  • By Vehicle Type:
    • Bare Metal or Type 1
    • Hosted or Type 2
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Indonesia
      • Taiwan
      • Others

Frequently Asked Questions (FAQs)

The global automotive hypervisor market is expected to experience a CAGR of 32.07% during the forecast period.
The automotive hypervisor market is expected to reach a market size of US$5404.072 million by 2029.
Automotive Hypervisor Market was valued at US$771.041 million in 2022.
North America holds the largest share of the automotive hypervisor market.
The automotive hypervisor market is majorly impacted by the increase in electric and hybrid automobiles.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. AUTOMOTIVE HYPERVISOR MARKET BY VEHICLE TYPE

5.1. Introduction

5.2. Passenger Cars

5.3. Commercial Vehicles

6. AUTOMOTIVE HYPERVISOR MARKET BY TYPE

6.1. Introduction

6.2. Bare Metal or Type 1

6.3. Hosted or Type 2

7. AUTOMOTIVE HYPERVISOR MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. Germany

7.4.2. France

7.4.3. United Kingdom

7.4.4. Spain

7.4.5. Others

7.5. Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Israel

7.5.4. Others

7.6. Asia Pacific

7.6.1. China

7.6.2. Japan

7.6.3. India

7.6.4. South Korea

7.6.5. Indonesia

7.6.6. Taiwan

7.6.7. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

9. COMPANY PROFILES

9.1. Siemens

9.2. BlackBerry Limited

9.3. Green Hills Software

9.4. Wind River Systems, Inc.

9.5. OpenSynergy

9.6. ETAS (Robert Bosch)

9.7. Elektrobit (Continental AG)

9.8. HARMAN International

9.9. Renesas Electronics Corporation


Siemens

BlackBerry Limited

Green Hills Software

Wind River Systems, Inc.

OpenSynergy

ETAS (Robert Bosch)

Elektrobit (Continental AG)

HARMAN International

Renesas Electronics Corporation