According to a new report, published by KBV research, The Global Automotive Ecalls Market size is expected to reach $6.8 billion by 2030, rising at a market growth of 10.3% CAGR during the forecast period.
The Manually Initiated eCall (MIeC) segment is showcasing a CAGR of 11% during (2023 - 2030). Occupants can use MieC to call for help if they feel threatened or unsafe for reasons other than a collision. This feature enhances personal safety by enabling individuals to seek assistance when they perceive a risk. MieC enables two-way communication between the occupants and emergency services, allowing occupants to provide additional information, receive instructions, and convey important details about the situation.
The IC Engine segment is leading the Global Automotive Ecalls Market by Propulsion Type in 2022; thereby, achieving a market value of $5.2 billion by 2030. The incorporation of automotive eCall systems in internal combustion (IC) engine vehicles involves the integration of hardware, software, and communication technologies to enable automatic or manual emergency calls in the event of a severe accident or critical situation.
The Commercial Vehicles segment would experience a CAGR of 11.2% during (2023 - 2030). Commercial vehicles, including trucks and buses, often carry passengers or valuable cargo. eCall systems enhance the safety of these vehicles by ensuring that emergency services can be quickly alerted and dispatched in case of accidents or medical emergencies. This aligns with the duty of care that commercial vehicle operators have for their passengers and cargo.
The Europe region dominated the Global Automotive Ecalls Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.3 billion by 2030. The North America region is poised to grow at a CAGR of 10% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 11.3% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/automotive-ecalls-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography
Companies Profiled
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