Read These Tips to Maximum Benefits From Automotive Hypervisor Market
An automotive hypervisor is a virtualization technique that can be integrated into automotive. It allows multiple virtual machines termed as guests to run on a single system known as the host.
In vehicle platooning, multiple cars, buses, and trucks travel at an aerodynamically efficient distance and drive cooperatively by maintaining the distance at high speeds. For this purpose, the platooning system uses the ADAS installed in the vehicles, along with high-end specific platooning algorithms involving the sensor fusion of radar, LiDAR, and cameras. Communications among vehicle fleets are enabled by wireless connectivity. The vehicles in the platoon automatically synchronize their speed and braking actions, resulting in higher fuel efficiency and improved traffic congestion control for all vehicles in the platoon.
The involvement of multiple systems in vehicle platooning mandates the optimum use of hardware and software. This is only possible with the use of virtualization and automotive hypervisors, which help in ensuring the smooth working of all the systems without any disruption caused by other systems or subsystems. Hence, the adoption of vehicle platooning will positively influence the growth of the global automotive hypervisor market at a CAGR of 5.44% during the forecast period.
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Global automotive hypervisor industry overview
Automobile manufacturers are replacing mechanical components with advanced electronic components as they are more accurate and efficient compared to mechanical parts. The advent of innovative technologies such as ADAS and connected cars have further increased the integration of electronic components in automobiles. Regulatory bodies across the world are mandating the implementation of ADAS to increase road safety. The increasing penetration of 4G networks and the emergence of 5G networks has led to rapid innovations in connected car technologies. Automotive hypervisor forms an integral part of such automotive electronics. The growing integration of electronics in automobiles will lead to an increase in the demand for automotive hypervisors, thereby driving the growth of the global automotive hypervisor market size during the forecast period.
Growing adoption of vehicle platooning is one of the major automotive hypervisor market trends fueling market growth. Platooning requires the involvement of multiple automobiles travel at an aerodynamically efficient distance and drive cooperatively by maintaining distance at high speeds. With the help of ADAS along with high-end specific platooning algorithms and various other sensors, the platooning system automatically synchronizes the speed and braking actions. This results in increased fuel efficiencies and reduced traffic congestion among the vehicles in the platoon. The use of virtualization and automotive hypervisors plays a vital role in ensuring the smooth operation of the platoon system. The growing adoption of vehicle platooning will increase the demand for automotive hypervisors. As a result of these factors, the global automotive hypervisor market size will grow at a CAGR of more than 5% during the forecast period.
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