Automotive Hypervisor Market to Grow with a CAGR of 5.92% Globally through to 2028
Proliferation of Electronic Control Units (ECUs) and
Software-Intensive Systems, Growing Emphasis on Vehicle Connectivity and
Infotainment, and Escalating Demand for Advanced Driver Assistance Systems
(ADAS) are factors driving the Global Automotive Hypervisor market in the
forecast period 2024-2028.
According to TechSci Research report, “Global Automotive
Hypervisor Market - Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2028”, the Global Automotive Hypervisor Market stood
at USD 171 million in 2022 and is anticipated to grow with a CAGR of 5.92% in
the forecast period, 2024-2028.
The hardware and software known as a hypervisor allow multiple
virtual machines to be created and operated on a single system, allowing the
automotive industry to realize the required cloud concept for connected
vehicles. Usually, it is made up of the host and guest computers. The host
machine is the PC that one or more virtual machines are operating on under the
hypervisor. These systems are relatively new to the automotive industry, and
the market has seen a rise in vendors and the combination of RTOS offerings in
recent years. Additionally, embedded technology and hardware virtualization are
mostly utilized in automobiles for digital cockpit applications and in-car
infotainment. This is being driven by growing concerns about in-car comfort and
safety features as well as a notable increase in premium and mid-sized car
sales worldwide.
Browse over market data Figures spread through 180
Pages and an in-depth TOC on "Global Automotive Hypervisor Market.”
The automotive industry is in the midst of a digital
revolution, with the integration of advanced technologies and software defining
the future of vehicles. In this rapidly evolving landscape, one technology
stands out as a key enabler of this transformation: automotive hypervisors.
These software systems allow for the consolidation of multiple software
applications and operating systems on a single hardware platform, providing a
secure and efficient way to manage the increasing complexity of vehicle
software. As vehicles become more software-dependent, automotive hypervisors
are gaining prominence, driving the future of vehicle design, performance, and
functionality. Automotive hypervisors play a pivotal role in addressing the
challenges posed by the proliferation of Electronic Control Units (ECUs) and
the transition to software-intensive systems. In today's vehicles, a multitude
of ECUs manage various functions, from engine control and safety systems to
infotainment and connectivity features. The modern automobile can incorporate
more than 100 ECUs, and this number is expected to rise as vehicles integrate
advanced driver assistance systems (ADAS), autonomous driving capabilities, and
connectivity features. Automotive hypervisors offer a solution to the
complexity that arises from managing these diverse software components.
These hypervisors provide a virtualization layer that
enables multiple operating systems and software applications to run on a single
hardware platform. By creating separate virtual machines (VMs) for different
software components, hypervisors ensure that each component operates
independently, reducing the risk of interference or conflicts. Moreover, they
facilitate efficient resource allocation, ensuring that various software
applications run smoothly without compromising performance. This consolidation
not only streamlines the integration of diverse ECUs but also enhances the
safety and reliability of vehicle software. The future of the automotive
industry is closely tied to electric vehicles (EVs) and their potential to
reduce carbon emissions and increase energy efficiency. EVs are characterized
by complex electrical and electronic systems, encompassing battery management,
powertrain control, charging infrastructure, and energy management. Automotive
hypervisors address the challenge of managing the diverse software systems and
applications that control these EV functions.
Battery management systems (BMS) are responsible for
optimizing battery performance, monitoring cell health, and managing thermal
conditions. The software for these tasks is complex and requires efficient
management to ensure the longevity and reliability of the battery. Powertrain
control, including motor control and energy regeneration, is crucial in EVs,
and coordinating these systems while ensuring efficient resource allocation is
essential. Charging infrastructure is expanding as the EV market grows, necessitating
software systems for charging management and communication with charging
stations. Managing the operation of these systems is vital for ensuring
seamless and efficient charging experiences for EV owners. Furthermore, energy
management is an intricate task, involving the optimization of energy
consumption and distribution in EVs. Automotive hypervisors play a critical
role in addressing these challenges, facilitating the secure and efficient
operation of software components for EVs.
Advanced Driver Assistance Systems (ADAS) are becoming
standard features in modern vehicles, enhancing safety and convenience with
features like adaptive cruise control, lane-keeping assist, and automatic
emergency braking. ADAS functions rely on a combination of sensors, cameras,
radar, LiDAR, and software to perceive the vehicle's surroundings and assist in
driving tasks. Managing the complexity of this software is a challenge that
automotive hypervisors are equipped to address. ADAS functions often require a
significant amount of software to process sensor data and make real-time
decisions. Ensuring the reliability and safety of these systems is of utmost
importance. Moreover, the coordination of ADAS functions is a complex task when
different ECUs, each with its own operating system, are involved. Automotive
hypervisors enable the secure coexistence of multiple operating systems and
software components responsible for different ADAS functions. This partitioning
ensures the safety and reliability of ADAS by isolating safety-critical
functions from non-critical applications.
Additionally, hypervisors allow for the efficient
allocation of hardware resources, ensuring that in-vehicle infotainment and
connectivity features run smoothly without affecting the performance of other
vehicle functions. As the demand for connected cars and advanced infotainment
systems continues to rise, the role of automotive hypervisors in delivering a
seamless and secure user experience becomes increasingly vital. Electric
vehicles (EVs) represent a significant shift in the automotive industry, aiming
to reduce carbon emissions and increase energy efficiency. EVs are
characterized by their complex electrical and electronic systems, including
battery management, powertrain control, charging infrastructure, and energy
management. These systems demand efficient software management, making
automotive hypervisors a crucial technology in the EV market.
Battery management systems (BMS) are responsible for
optimizing battery performance, monitoring cell health, and managing thermal
conditions. The software for these tasks is complex and requires efficient
management to ensure the longevity and reliability of the battery. Powertrain
control, including motor control and energy regeneration, is crucial in EVs,
and coordinating these systems while ensuring efficient resource allocation is
essential.
Hypervisors must not only protect the integrity of
safety-critical systems but also isolate non-safety-critical functions, such as
infotainment and connectivity, to prevent them from compromising vehicle
security. Achieving this balance between safety and security while
accommodating the diverse software needs of modern vehicles is a significant
challenge for the automotive industry.
Major companies operating in Global Automotive
Hypervisor Market are:
- Siemens AG
- Green Hills Software
- Windriver System
- BlackBerry Ltd
- Renesas Electronic
Corporation
- Sasken
- Continental
- Harman
- Hangsheng Technology GmbH
- IBM Corporation.
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“The global
automotive hypervisor market is at the forefront of the automotive industry's
digital transformation. As vehicles become increasingly software-dependent,
automotive hypervisors play a pivotal role in managing the complexity of
software ecosystems, enabling the consolidation of various applications and
operating systems on a single hardware platform. This technology addresses the
challenges posed by the proliferation of Electronic Control Units (ECUs), the
integration of advanced driver assistance systems (ADAS), the rise of electric
vehicles (EVs), and the demand for connected car features. However, ensuring
safety, security, and performance while managing costs, compatibility, and
standardization remains a significant focus. The automotive hypervisor market
is poised for growth as it drives innovation in vehicle software and
contributes to safer, more efficient, and connected automobiles.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Automotive
Hypervisor Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Vehicle Type (Passenger Cars, Commercial Vehicle), By
Type (Type 1, Type 2), By Level of Automation (Semi-Autonomous, Fully
Autonomous), By Region, Competition, 2018-2028”, has evaluated the
future growth potential of Global Automotive Hypervisor Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Automotive Hypervisor Market.
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