PUBLISHER: UnivDatos Market Insights Pvt Ltd | PRODUCT CODE: 1570996
PUBLISHER: UnivDatos Market Insights Pvt Ltd | PRODUCT CODE: 1570996
Global In-Vehicle eCall market has witnessed notable growth in historical years. In-Vehicle eCall is a calling service used in the case of an accident to automatically or manually call the listed numbers in the vehicles to reduce the life-threatening scenario for the passengers. eCall transmits data regarding the time of the accident, direction of accidents, and location of the vehicles to the emergency response services to reduce the time to reach timely medical help to the person/persons in the accident.
The In-Vehicle eCall market is expected to grow at a significant rate of around 11.44% during the forecast period (2024-2032). Some of the key factors that has led to the higher demand for eCall systems to be integrated into the modern age passenger cars and commercial vehicles is the rising focus of the government and pertinent regulatory bodies to implement such technologies due to increasing road-based accidents. As developing regions as Europe, North America, etc., already have mandated the deployment of eCall in the automotive vehicles the rising number of road accidents in the developing regions would propel its adoption in these regions as well. For instance, According to World Health Organization road crashes caused around 1.35 million fatalities across the globe of which 93% happened in the low-and middle-income economies. According to WHO, approximately 155, 600 deaths were caused only in India during 2021.
Considering the upsurge in the demand for safety in automobiles of both passenger and commercial category the demand for In-Vehicle eCalls would also increase in the forthcoming years.
Based on Vehicle type the global in-vehicle eCall market is segmented into passenger car and commercial vehicle. Of these passenger car category has held a sizable market share of the two. Some of the key factors attributing to the growth are higher sales number of passenger cars as well as the increased focus of the customers to opt for a better safety equipped vehicle. Additionally, passenger cars are of smaller size as compared to commercial vehicles and are more prone to accidents on high speed and delivering major injuries to the driver and occupants. Considering these factors the automobile manufacturing companies are extensively focusing on providing safety features such as eCall in the respective category.
Based on the Trigger type, the market is segmented into Manually Initiated eCall and Automatically Initiated eCall. Of these the Automatically initiated eCall type is anticipated to exhibit a faster CAGR during the coming years. Automatic triggers send signals in case of an emergency such as an accident to the authorities which helps the medical services to reach in a timely manner.
For a better understanding of the market adoption of the In-Vehicle eCall market, the market is analyzed based on its worldwide presence in countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, France, U.K., Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. Europe holds a significant share of the In-Vehicle eCall market and is anticipated to maintain a steady growth rate over the forecast period. Europe has a vast automotive industry, and it is looking forward to comprehensively supporting research & development around automotive safety and potential technological solutions.
Some of the major players operating in the market include Continental AG, Robert Bosch GmbH, Thales Group, STMicroelectronics, U-blox, Texas Instrument Incorporated, Valeo, Infineon Technologies AG, 1NCE Pvt. Ltd., and Anritsu.