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Electric Vehicle Cyber Security Trends and Forecast
The future of the global electric vehicle cyber security market looks promising with opportunities in the passenger car and commercial vehicle markets. The global electric vehicle cyber security market is expected to grow with a CAGR of 18.3% from 2024 to 2030. The major drivers for this market are growing use of electronics per vehicle, rising cyberthreat frequency and sophistication, and increasing number of connected and fast growing automotive V2X market.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Electric Vehicle Cyber Security by Segment
The study includes a forecast for the global electric vehicle cyber security by type, application, and region.
Electric Vehicle Cyber Security Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Software-Based
• Hardware-Based
• Network & Cloud
• Security Services & Frameworks
Electric Vehicle Cyber Security Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Passenger Cars
• Commercial Vehicles
Electric Vehicle Cyber Security Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Electric Vehicle Cyber Security Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electric vehicle cyber security companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electric vehicle cyber security companies profiled in this report include-
• Continental
• Robert Bosch
• Harman International
• DENSO
• Aptiv
Electric Vehicle Cyber Security Market Insights
Lucintel forecasts that software-based is expected to witness the highest growth over the forecast period due to it rising penetration of connected vehicles, as well as, increasing adoption of ADAS features in vehicles.
North America is expected to witness highest growth over the forecast period due to increasing adoption of electric vehicles, and the growing complexity of electric vehicle systems.
Features of the Global Electric Vehicle Cyber Security Market
Market Size Estimates: Electric vehicle cyber security market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Electric vehicle cyber security market size by type, application, and region in terms of value ($B).
Regional Analysis: Electric vehicle cyber security market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the electric vehicle cyber security market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electric vehicle cyber security market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for electric vehicle cyber security market?
Answer: The global electric vehicle cyber security market is expected to grow with a CAGR of 18.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the electric vehicle cyber security market?
Answer: The major drivers for this market are growing use of electronics per vehicle, rising cyberthreat frequency and sophistication, and increasing number of connected and fast growing automotive V2X market.
Q3. What are the major segments for electric vehicle cyber security market?
Answer: The future of the global electric vehicle cyber security market looks promising with opportunities in the passenger car and commercial vehicle markets.
Q4. Who are the key electric vehicle cyber security market companies?
Answer: Some of the key electric vehicle cyber security companies are as follows:
• Continental
• Robert Bosch
• Harman International
• DENSO
• Aptiv
Q5. Which electric vehicle cyber security market segment will be the largest in future?
Answer: Lucintel forecasts that software-based is expected to witness the highest growth over the forecast period due to it rising penetration of connected vehicles, as well as, increasing adoption of ADAS features in vehicles.
Q6. In electric vehicle cyber security market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increasing adoption of electric vehicles, and the growing complexity of electric vehicle systems.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the electric vehicle cyber security market by type (software-based, hardware-based, network & cloud, and security services & frameworks), application (passenger cars and commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Electric Vehicle Cyber Security Market, Electric Vehicle Cyber Security Market Size, Electric Vehicle Cyber Security Market Growth, Electric Vehicle Cyber Security Market Analysis, Electric Vehicle Cyber Security Market Report, Electric Vehicle Cyber Security Market Share, Electric Vehicle Cyber Security Market Trends, Electric Vehicle Cyber Security Market Forecast, Electric Vehicle Cyber Security Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Electric Vehicle Cyber Security Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Electric Vehicle Cyber Security Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Electric Vehicle Cyber Security Market by Type
3.3.1: Software-based
3.3.2: Hardware-based
3.3.3: Network & Cloud
3.3.4: Security Services & Frameworks
3.4: Global Electric Vehicle Cyber Security Market by Application
3.4.1: Passenger Cars
3.4.2: Commercial Vehicles
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Electric Vehicle Cyber Security Market by Region
4.2: North American Electric Vehicle Cyber Security Market
4.2.2: North American Electric Vehicle Cyber Security Market by Application: Passenger Cars and Commercial Vehicles
4.3: European Electric Vehicle Cyber Security Market
4.3.1: European Electric Vehicle Cyber Security Market by Type: Software-based, Hardware-based, Network & Cloud, and Security Services & Frameworks
4.3.2: European Electric Vehicle Cyber Security Market by Application: Passenger Cars and Commercial Vehicles
4.4: APAC Electric Vehicle Cyber Security Market
4.4.1: APAC Electric Vehicle Cyber Security Market by Type: Software-based, Hardware-based, Network & Cloud, and Security Services & Frameworks
4.4.2: APAC Electric Vehicle Cyber Security Market by Application: Passenger Cars and Commercial Vehicles
4.5: ROW Electric Vehicle Cyber Security Market
4.5.1: ROW Electric Vehicle Cyber Security Market by Type: Software-based, Hardware-based, Network & Cloud, and Security Services & Frameworks
4.5.2: ROW Electric Vehicle Cyber Security Market by Application: Passenger Cars and Commercial Vehicles
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Electric Vehicle Cyber Security Market by Type
6.1.2: Growth Opportunities for the Global Electric Vehicle Cyber Security Market by Application
6.1.3: Growth Opportunities for the Global Electric Vehicle Cyber Security Market by Region
6.2: Emerging Trends in the Global Electric Vehicle Cyber Security Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Electric Vehicle Cyber Security Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Electric Vehicle Cyber Security Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Continental
7.2: Robert Bosch
7.3: Harman International
7.4: DENSO
7.5: Aptiv
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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