Automotive eMMC Market – By Capacity (Below 8GB,16GB - 32GB, 32GB - 64GB, Above 64GB) By Vehicle Type (Passenger Cars, Commercial Vehicles, Electric Vehicles, Hybrid Vehicles) By Application (Infotainment Systems, Telematics Systems, Advanced Driver Assistance Systems (ADAS), Autonomous Driving Systems, Instrument Clusters, Navigation System, Others) By End-Use (Original Equipment Manufacturers (OEMs), Aftermarket) By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2031
Automotive eMMC Market size is estimated to reach $4.5 billion by 2030, growing at a CAGR of 3.2% during the forecast period 2024-2030. The demand for automotive eMMC (embedded Multimedia Card) is on the rise due to the growing need for high-speed data transfer and storage solutions in modern vehicles and the growing focus on safety and security features.
Additionally, significant investments by the government and private sector investments are driving the growth of the Automotive eMMC market. These investments are enabling manufacturers to develop advanced eMMC solutions that meet the growing demand for reliable and secure data storage in vehicles. According to the German Association of the Automotive Industry, German automotive manufacturers and suppliers are set to invest over €250bn in global research and development. The primary focus of these investments will be on key areas such as electromobility, autonomous driving, and digitization. This translates to an annual investment of over €50bn in R&D by automotive companies and suppliers headquartered in Germany during this period, the demand for electronic components such as eMMC is expected to rise. With the increasing adoption of electric vehicles and advanced driver assistance systems, the eMMC market is projected to grow significantly in the coming years, providing an opportunity for electronics manufacturers.
Market Snapshot:
Automotive eMMC Market - Report Coverage:
The “Automotive eMMC
Market Report - Forecast (2024-2031)” by IndustryARC, covers an
in-depth analysis of the following segments in the Automotive eMMC Market.
COVID-19 / Ukraine Crisis - Impact Analysis:
· The COVID-19 pandemic has had a significant impact on the automotive eMMC market. Widespread production disruptions, stemming from plant closures, supply chain disruptions, and labor shortages, have resulted in a decrease in the availability of eMMC chips. These chips are critical for various automotive applications, including infotainment systems, telematics, and advanced driver-assistance systems (ADAS). Moreover, the shortage has caused increased prices for eMMC chips, placing pressure on automotive OEMs to either absorb the higher costs or pass them on to consumers.
·
The Ukrainian crisis could disrupt the semiconductor
supply chain, affecting electronic component availability like eMMC. Ukraine's
semiconductor industry plays a vital role globally, and disruptions could
impact manufacturing. This may lead to price fluctuations and uncertainty due
to transportation costs and material scarcity. Moreover, geopolitical tensions
can alter consumer sentiment, influencing demand for automotive eMMC and
related products.
Key Takeaways:
Key Market Players:
Product/Service launches, approvals,
patents and events, acquisitions, partnerships and collaborations are key
strategies adopted by players in the Automotive eMMC Market. The top 10
companies in this industry are listed below:
1.
Samsung Electronics
2.
Micron Technology
3.
SK Hynix
4.
Western Digital Corporation
5.
Silicon Motion Technology Corporation
6.
ATP Electronics
7.
PHISON Electronics
8.
Shenzhen Longsys Electronics
9.
Swissbit AG
10. KIOXIA
Singapore Pte. Ltd.
Scope of the Report:
The Automotive eMMC Market is projected to grow at 3.2% CAGR during the forecast period 2024-2031.
Global Automotive eMMC Market size is projected to reach $4.5 billion by 2031.
The leading players in the Automotive eMMC Market are Samsung Electronics, Micron Technology, SK Hynix, Western Digital Corporation, Silicon Motion Technology Corporation, ATP Electronics, PHISON Electronics, Shenzhen Longsys Electronics, Winbond Electronics, Polyflor Ltd., and others.
The increasing demand for better infotainment systems, vehicle connections, and the integration of smart features are driving forces in the automotive eMMC market. This offers the potential for eMMC producers to provide high-performance, low-cost solutions.
The driving factors in the automotive eMMC market include the increasing demand for advanced infotainment systems, vehicle connectivity, and the integration of smart features. This presents opportunities for eMMC manufacturers to develop high-performance and cost-effective solutions.