PUBLISHER: KBV Research | PRODUCT CODE: 1373651
PUBLISHER: KBV Research | PRODUCT CODE: 1373651
The Europe Automotive Ecalls Market would witness market growth of 9.0% CAGR during the forecast period (2023-2030).
The automotive ecall is an in-vehicle technique that automatically notifies the emergency services of a road accident and provides the exact location of the incident to rescue personnel. It enhances the emergency contact operation by automatically transmitting location information to the emergency services via the phone network and GPS location services on a mobile phone. The automotive ecall system is advantageous because it decreases the response time to an incident, increases the chance of survival for critically injured accident victims, and promotes security & safety awareness. Consequently, these benefits are expected to fuel the growth of the market during the forecast period.
Ecall is abbreviation of "Emergency Call." It is a system that automates the emergency notification procedure during a car accident or other emergency. When a vehicle that includes ecall sensors and communication technology is involved in an accident, the system contacts the emergency services number. It sends vital information, such as the vehicle's location, to the nearby emergency center. This technology can save lives by decreasing response times during emergencies. The preference of consumers for electric and hybrid vehicles and the development of a protocol for next-generation telematics are anticipated to drive market growth over the forecast period. However, the expensive cost of LEDs inhibits market expansion. In addition, OEMs' low return on investment while establishing standalone ecall system infrastructure is anticipated to create new market challenges.
The European Union (EU) has implemented regulations mandating the inclusion of eCall systems in all new passenger cars and light commercial vehicles since April 2018. This regulatory mandate ensures a steady and significant demand for eCall technology in the European market. The EU's eCall commission not only applies to Member States but also to vehicles sold within the European Economic Area (EEA). This extends the demand for eCall systems to include countries outside the EU, providing opportunities for technology providers to expand their reach. With the growing innovation in the automotive industry in Germany, the demand for automotive ecalls will increase, and the market will expand in the coming years.
The Germany market dominated the Europe Automotive Ecalls Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $526.5 million by 2030. The UK market is exhibiting a CAGR of 8% during (2023 - 2030). Additionally, The France market is expected would experience a CAGR of 9.8% during (2023 - 2030).
Based on Trigger Type, the market is segmented into Automatically Initiated eCall (AIeC), and Manually Initiated eCall (MIeC). Based on Propulsion Type, the market is segmented into IC Engine, and Electric. Based on Vehicle Type, the market is segmented into Passenger Cars, and Commercial Vehicles. Based on countries, the market is segmented into Germany, UK, France, Russia, Norway, Netherland, and Rest of Europe.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Aptiv PLC, Telit corporate group (DBAY Advisors Limited), LG Electronics, Inc. (LG Corporation), Valeo SA, Samsung Electronics Co., Ltd. (Samsung Group), U-blox Holding AG, Thales Group S.A., Denso Corporation, Continental AG, Panasonic Holdings Corporation.
Market Segments covered in the Report:
By Trigger Type
By Propulsion Type
By Vehicle Type
By Country
Companies Profiled
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