According to the report published by Allied Market Research, the global automotive hypervisor market generated $131.20 million in 2020, and is expected to generate $2.03 billion by 2030, witnessing a CAGR of 31.9% from 2021 to 2030. The report provides a comprehensive analysis of changing market trends, key segments, top investment pockets, value chain, regional scenario, and competitive landscape.
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Covid-19 Scenario:
- Numerous companies that have been trying to continue production of advanced technologies to be used in vehicles implemented numerous strategies such as agreements, product developments, expansions, and product launches to ensure the market growth.
- Interruptions in the automotive industry due to lockdown measures implemented during the Covid-19 pandemic led to reduced demand for automotive hypervisors. However, the demand would grow steadily during the post-lockdown.
The report offers detailed segmentation of the global automotive hypervisor market based on vehicle type, type, level of automation, vehicle class, and region.
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Based on region, Europe contributed to the highest share in 2020, accounting for more than one-third of the total share, and is estimated to continue its leadership status by 2030. However, Asia-Pacific is expected to register the largest CAGR of 35.7% during the forecast period.
Leading players of the global automotive hypervisor market analyzed in the research include BlackBerry, IBM, Green Hills, Panasonic Corporation, NXP Semiconductors, Sasken, Renesas Electronics Corporation, Visteon, Siemens AG, and Wind River.
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