The Asia Pacific Automotive Ecalls Market would witness market growth of 11.3% CAGR during the forecast period (2023-2030).
Original equipment manufacturers (OEMs) are seeking to capitalize on the untapped market in developing countries by introducing electric vehicles to consumers. Consequently, these factors are anticipated to boost the sale of these vehicles in developing nations, resulting in the expansion of the market over the forecast period. The next-generation telematics protocol (NGTP) is a technology that provides greater scalability and adaptability to the automotive sector to offer better integration and connectivity of data and services while combining with the ecalls system for better connectivity. Consequently, this is anticipated to propel the market during the forecast period.
The expansion of the market is fueled by an increasing emphasis on road safety and regulatory mandates. Governments have enacted stringent regulations mandating the installation of ecall systems in motor vehicles to reduce emergency response times and the severity of road accidents. In addition, the rapid expansion of communication technologies, particularly the ubiquitous adoption of high-speed Internet and the Internet of Things (IoT), has been crucial. Modern automobiles now have sophisticated telematics systems that enable real-time data exchange and communication between vehicles, infrastructures, and central monitoring centers. This connectivity has allowed for more precise incident detection, immediate alert transmission in the event of emergencies, and effective dispatch of emergency services.
Asia-Pacific countries often experience high rates of road accidents and fatalities due to factors such as congested traffic, challenging road conditions, and varying levels of road safety awareness. ECall technology can play a crucial role in reducing accident-related fatalities and injuries by expediting emergency response times. Many countries in Asia Pacific are experiencing rapid urbanization, leading to increased traffic congestion in cities. As urban populations grow, there is a higher likelihood of accidents occurring. ECall systems can help mitigate the impact of accidents in densely populated areas. Regulatory support and mandates for eCall implementation can drive the market. Due to such factors, market growth will boost in this region.
The China market dominated the Asia Pacific Automotive Ecalls Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $546.8 million by 2030. The Japan market is registering a CAGR of 10.6% during (2023 - 2030). Additionally, The Malaysia market would experience a CAGR of 13.5% during (2023 - 2030).
Based on Trigger Type, the market is segmented into Automatically Initiated eCall (AIeC), and Manually Initiated eCall (MIeC). Based on Propulsion Type, the market is segmented into IC Engine, and Electric. Based on Vehicle Type, the market is segmented into Passenger Cars, and Commercial Vehicles. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Automotive Ecalls Market is Predict to reach $6.8 Billion by 2030, at a CAGR of 10.3%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Aptiv PLC, Telit corporate group (DBAY Advisors Limited), LG Electronics, Inc. (LG Corporation), Valeo SA, Samsung Electronics Co., Ltd. (Samsung Group), U-blox Holding AG, Thales Group S.A., Denso Corporation, Continental AG, Panasonic Holdings Corporation.
By Trigger Type
By Propulsion Type
By Vehicle Type
By Country
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