Market Definition
Automotive eCall is a system that automatically calls emergency services when a car crash is detected. It uses sensors to detect a crash and then uses the car’s cellular connection to call emergency services. The call includes the car’s location so that help can be dispatched quickly. Automotive eCall is required by law in some countries and is optional in others. It can help to save lives by reducing the response time for emergency services.
To Know More: https://www.globalinsightservices.com/reports/automotive-ecall-market/
Market Outlook
The key trends in automotive eCall technology are:
1. Increasing Government Mandates for Automotive eCall: In Europe, the eCall regulation has been mandated by the European Commission, and all new passenger cars and light commercial vehicles must be equipped with an eCall device from April 2018 onwards.
2. Increasing Adoption of Connected Cars: The increasing adoption of connected cars is another key trend driving the growth of the automotive eCall market. Connected cars are equipped with advanced technologies such as telematics, infotainment, and safety & security, which offer a host of benefits such as real-time traffic updates, fuel efficiency, and enhanced safety.
3. Growing Demand for Advanced Driver Assistance Systems (ADAS): The growing demand for advanced driver assistance systems (ADAS) is another key trend driving the growth of the automotive eCall market. ADAS offers a host of benefits such as enhanced safety, improved fuel efficiency, and reduced emissions.
4. Increasing Investment in Automotive Safety: The increasing investment in automotive safety is another key trend driving the growth of the automotive eCall market. Automotive OEMs and suppliers are investing heavily in the development of advanced safety technologies to meet stringent safety regulations.
5. Rising Concerns about Road Accidents: The rising concerns about road accidents are another key trend driving the growth of the automotive eCall market. As per the World Health Organization (WHO), road traffic accidents are the leading cause of death among young people aged 15-29 years. This is expected to drive the demand for automotive eCall systems during the forecast period.
Key Drivers
The automotive eCall market is driven by several factors. One of the key drivers is the increasing number of accidents and fatalities on the road. According to the National Highway Traffic Safety Administration (NHTSA), there were over 6 million accidents in the United States in 2016, and over 37,000 people were killed in those accidents. This is a significant increase from the previous year, and it is likely that this trend will continue. In addition, the cost of car repairs and medical bills associated with accidents is also on the rise. As a result, many people are now looking for ways to reduce the risk of being involved in an accident.
Another key driver of the automotive eCall market is the increasing awareness of the benefits of this technology. In the past, many people were unaware of the existence of this technology or how it could be used to improve safety on the road. However, as more people learn about the potential benefits of eCall, the demand for this technology is likely to increase.
Finally, the government is also playing a role in the growth of the automotive eCall market. In the United States, the government has mandated that all new cars must be equipped with eCall technology by the year 2025. This mandate is likely to increase the demand for eCall systems, as well as the price of these systems.
Restraints & Challenges
The key restraints and challenges in automotive ecall market include the lack of a common standard for the technology, the high cost of installing eCall systems, and the limited coverage of eCall systems.
The lack of a common standard for the technology is a major challenge for the widespread adoption of eCall systems. Currently, there are several different standards for eCall systems, which makes it difficult for automakers and suppliers to develop eCall systems that are compatible with all vehicles.
The high cost of installing eCall systems is another major challenge for the market. Currently, eCall systems are only required in Europe, and the cost of installing eCall systems in vehicles is high. In addition, the monthly subscription fees for eCall services are also high.
The limited coverage of eCall systems is another challenge for the market. Currently, eCall systems only work in Europe, and the coverage is limited to urban areas. In rural areas, eCall systems are not able to receive a signal from the cellular network, which limits their usefulness.
Request Sample: https://www.globalinsightservices.com/request-sample/GIS21539
Research Objectives
• Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
• Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
• Identify factors influencing market growth and challenges, opportunities, drivers and restraints
• Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
• Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
• Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
• To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
• Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
Request Customization: https://www.globalinsightservices.com/request-customization/GIS21539
Market Segments
The automotive eCall market report is bifurcated on the basis of product, technology, and region. On the basis of product, it is segmented into single-channel, dual-channel, and rear view. By technology, it is categorized into basic and smart. Region-wise, it is studied across North America, Europe, Asia-Pacific, and the rest of the World.
Key Player
The automotive eCall market report includes players such as Bosch, Valeo, Delphi, Magneti, HARMAN, Telit Wireless Solutions, LG, Infineon Technologies, U-Blox, and Visteon.
Request Discounted Pricing: https://www.globalinsightservices.com/request-special-pricing/GIS21539
Research Scope
• Scope – Highlights, Trends, Insights. Attractiveness, Forecast
• Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
• Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
• Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
• Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
• Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
Buy your copy here: https://www.globalinsightservices.com/checkout/single_user/GIS21539
About Us
With Global Insight Services, you receive:
• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Infographic excel data pack, easy to analyze big data
• Robust and transparent research methodology
• Unmatched data quality and after sales service
Contact Us
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: [email protected]
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/
About Global Insight Services
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.