Transcription of Automotive software and electronics 2030
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Automotive software and electronics 2030
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.
electronics and SW market. While the global automotive market is expected to grow from USD 2,755 billion in 2020 to USD 3,800 billion at a rate of ~3 percent p.a., SW and E/E will grow at a rate of ~7 percent p.a. from a total market size of ~USD 238 billion to ~USD 469 billion (excluding battery cells). 1 20 20 CAGR Automotive software and ...
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