Multi Domain Controller is server or control system that takes over a number of processors and handles all the other processors that are applied in the automobiles. A multi-domain controller can process considerable amounts of data and work on multiple functions simultaneously. There are various type of multi domain controllers such as advanced driver-assistance system (ADAS) & safety, body & comfort and cockpit electronics. High adoption of advanced driver assistance system (ADAS) will help to boost global multi domain controller market.
According to AMA, the market for Multi Domain Controller is expected to register a CAGR of 25.57% during the forecast period to 2027.
|High Growth Market||Asia Pacific|
|Unit||Value (USD Million)|
|Key Companies Profiled||Continental AG (Germany), Visteon Corporation (United States), Robert Bosch GmbH (Germany), Aptiv (Ireland), Mitsubishi Electric Corporation (Japan), Hitachi Ltd (Japan), Texas Instruments (United States), Panasonic Corporation (Japan), ZF Friedrichshafen AG (Germany) and Faurecia (France)|
This growth is primarily driven by Growth in Autonomous Vehicles and Rising Complexity in Electrical Architecture in Modern Vehicles.
Globally, a noticeable market trend is evident High Adoption of Advanced Driver Assistance System (ADAS)
The Automobiles sector in the Europe region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Continental AG (Germany), Visteon Corporation (United States), Robert Bosch GmbH (Germany), Aptiv (Ireland), Mitsubishi Electric Corporation (Japan), Hitachi Ltd (Japan), Texas Instruments (United States), Panasonic Corporation (Japan), ZF Friedrichshafen AG (Germany) and Faurecia (France), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 29th June 2018, Visteon Corporation a global leading cockpit electronics supplier and ZongMu Technology Co. Ltd a China-based supplier of advanced driving assistance systems (ADAS) are collaborated to developed certain Level 3-plus autonomous driving solutions.
On 18th September 2018, Continental has offered solution for automated driving of commercial vehicles by emerging an environment model that gathers the vehicle environment by using various sensors. and On 25th October 2018, Visteon Corporation has launched SmartCore™ Cockpit Domain Controller using silicon chip multiple central processing units for on All-New Mercedes-Benz A-Class.
High Adoption of Advanced Driver Assistance System (ADAS), Increasing Government Support and Increasing Social Awareness
Market Growth Drivers:
Growth in Autonomous Vehicles and Rising Complexity in Electrical Architecture in Modern Vehicles
Limitation in Engineering Design
Lack of Skilled Labor and High Cost for Startups
Leveraging Automotive Software
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Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Multi Domain Controller Market
- Analysis about New Entrants in Multi Domain Controller Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
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Against this Challenging Backdrop, Multi Domain Controller Study Sheds Light on
The Multi Domain Controller Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Multi Domain Controller industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Multi Domain Controller industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.