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Market: Automotive Software growth at CAGR 16.17%

Fiinews by Fiinews
July 3, 2022
in Markets
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Report covers Charging Management, Battery Management and V2G

India’s Automotive Software Market is expected to reach US$1,883.36 million by 2027, growing at a CAGR of 16.17%, from US$890.15 million in 2022, according to a ResearchAndMarkets report.

India’s Automotive Software Market is segmented based on Application, Vehicle Type, EV Application and End-User, the report ‘India Automotive Software Market (2022-2027)’ said on 1 July 2022.

Application-wise, the market is classified into ADAS & Safety Systems, Body Control & Comfort System, Engine Management & Powertrain, Infotainment System, Communication Systems, Connected Services, Autonomous Driving, HMI Application, Biometrics System, and V2X System.

Vehicle-type, the market is classified into Passenger Cars, Light Commercial Vehicle, and Heavy Commercial Vehicle.

As for EV Application, the market is classified into Charging Management, Battery Management and Vehicle to Grid (V2G).

End-User, the market is classified into Safety and Security, Infotainmanet and Instrument Cluster, Vehicle Connectivity, and others.

Companies covered in the report are:

Allygrow Technologies Pvt Ltd

Alpine Electronics Inc

Bose Corporation Pvt Ltd

Hella India Pvt Ltd

Robert Bosch

NXP Semiconductors

Renesas Electronics

BlackBerry Limited

Cox Automotive

Harman International. fiinews.com

Tags: ResearchAndMarkets
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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

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