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Over the Air Engine (OTA) Control Module Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 320 | Report ID: MRS1055


Report Description

The global Over the Air Engine (OTA) Control Module market size is estimated at USD 1,108.6 million in 2020, expanding at a CAGR 17.7% from 2021-2027 to reach 2,008.7 million USD in 2027.

Market Dynamics

Over The Air Engine (OTA) Control Module market is expected to witness substantial growth over the forecast period. The increasing adoption of active safety systems connected to vehicle technologies and vehicle digitization trends in the automotive sector is projected to boost the market growth. In addition, stringent regulations concerning road and pedestrian safety & carbon emissions have provided significant thrust for the development of monitoring and security systems, advanced vehicle control. Over The Air, the Engine control module operates through a remote-controlled process wherein the PCM is Wi-Fi enabled. The software component of this module or system consists of a Graphic User Interface (GUI) which allows visualizing the control parameters.

In addition, besides automobile manufacturers, this product has also found success with vehicle fleet operators. Moreover, significant opportunities exist in aftermarket wherein replacement of conventional ECU/PCMs installed per sensor usage is usually accomplished by installing a single unit that integrates all engine parameter controls and sensors independently. All these key factors are projected to boost the market growth.

North America is estimated to dominate the global market. The growing automotive industry across the region is boosting the market growth. Europe is projected to propel at a significant rate over the forecast period. The presence of major automakers, and early adopters are contributing to market growth. Heavy & Light Commercial vehicles are early adopters of this technology where the OEMs have imbibed their self-designed OTA control module in the vehicles. Further, Asia Pacific is expected to hold a significant amount of market share.

The Over The Air Engine (OTA) Control Module market is fragmented into type and applications segments. Based on type, the embedded Wi-Fi segment is anticipated to dominate the market. By application, the commercial segment is projected to grow at the highest CAGR during the forecast period.

The Over The Air Engine (OTA) Control Module market is highly competitive in nature with the presence of local & international players. Key players in the industry engage in strategic merger & acquisition, partnership, and new product launches to remain competent in the market.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of Over The Air Engine (OTA) Control Module by type, region, and application. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • NXP Semiconductors
  • Red Bend Software-Harman
  • Visteon Corporation
  • Delphi
  • Pana-Pacific
  • Innopath
  • Arynga
  • Melexis
  • Cypress Semiconductor Corporation

Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Embedded 3G or 4G Modem
  • Embedded Wi-Fi
  • Smartphone OTA

Application Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Passenger Vehicles
  • Commercial Vehicles

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)

Frequently Asked Questions

The global Over the Air Engine (OTA) Control Module market size is estimated at USD 1,108.6 million in 2020, expanding at a CAGR 17.7% from 2021-2027 to reach 2,008.7 million USD in 2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global industry is growing at a promising growth rate over the study period.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The worldwide market is characterized by the presence of large number of small scale and medium scale players.

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