Transcription of Automotive software and electronics 2030
{{id}} {{{paragraph}}}
Automotive software and electronics 2030 Mapping the sector s future landscapeAuthorsOndrej Burkacky, Munich Johannes Deichmann, Stuttgart Jan Paul Stein, MunichAcknowledgementsThis study was conducted by McKinsey & Company, Inc. We wish to express our appreciation and gratitude to GSA and its members for their continued support and valuable contributions. Automotive software and electronics 2030 Mapping the sector s future landscapeTable of contentsIntroduction and key insights 61. software and electronics will outgrow the Automotive market The software and electronics architecture in vehicles will see a major evolution ACES trends and the architecture evolution will result in significant growth in the Automotive electronics and software market 122. Key drivers of the Automotive sector s changing landscape software : the global Automotive software market will show dynamic growth electronic control units/domain control units: convergence of electronic control units will open up a new market for domain controllers Sensors: autonomous driving will be the primary trigger for sensor demand Power electronics and harnesses: transition to EVs will enable the formation of a new market 263.
growth rate (CAGR) in the automotive software (SW) and electrical and electronic components (E/E) market, i.e., from USD 238 billion to USD 469 billion, between 2020 and 2030. At this rate, the SW and E/E market is expected to vastly outpace growth in the overall automotive market, which is estimated to grow at 3 percent CAGR in the same time span.
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document:
{{id}} {{{paragraph}}}