The automotive hypervisor market is anticipated to witness significant growth over the forecast period due to rising technological advancements in the automotive industry. A hypervisor is computer software, hardware or firmware that creates and runs a virtual machine in an automobile. The host is a system on which hypervisor runs multiple virtual machines through an operating system. This technology is widely used in vehicles that provides features, such as autonomous driving, advanced driver assistance systems, and several other aligned automotive technologies.
The market has been segmented into two types, and they are type 1 hypervisor and type 2 hypervisor. Among these, the type 2 hypervisor is expected to register the significant growth over the forecast period. The type 2 hypervisor allows various virtual machine to run at the same time in the different operating system. (single operating system is called a guest operating system). Type 2 hypervisor guest operating system is free from the host operating system. Owing to such features the demand for type 2 hypervisor is expected to increase among automakers over the forecast period.
Further, the market has been segmented by vehicle type into passenger cars, high commercial vehicles, and low commercial vehicles. The virtualization technology is currently adopted by a large number of passenger cars. Moreover, the integration of telematics technology in commercial vehicles is expected to drive the demand for automotive hypervisors in the market. Increase in external network technologies such as 5G networks and in-vehicle communication technologies are anticipated to be the driving factors of the automotive hypervisor market.
Presently, European regions are expected to dominate the market. With rising penetration of automotive technologies in the Asia Pacific regions, it is expected to hold the largest market share over the forecast period, owing to the emerging economies in the region including China, and India. The manufacturers of automotive hypervisor technologies and automakers have launched production plants in the developing economies of the Asian regions.
Major players of this industry are Renesas Electronics Corporation, Continental AG, NXP Semiconductors N.V., Wind River Systems, Inc., Green Hills Software LLC, Sasken Technologies Limited, Mentor Graphics Corporation, Visteon Corporation, Infineon Technologies AG, Sysgo AG.
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