Market Share of Europe Connected Cars Industry
The European connected cars market is moderately consolidated with players such as Continental AG, Denso Corporation, Robert Bosch GmbH, Autoliv, Harman International, and Delphi Automotive LLP. As the demand for connected systems is growing in the region, the connected-car manufacturers are trying to have the edge over their competitors by making joint ventures and partnerships and launching new products with advanced technology. For Instance:
- In May 2022, Harman and Amazon announced that there are working under a constructive alliance to develop secure and reliable connected vehicle solutions. The development of advanced software-defined vehicles shall help the several challenges faced by OEMs in terms of safety and reliability.
- In March 2022, Denso Corporation organized a software innovation program under its new mobility-centered society. The training program included ADAS vision sensor recognition technology and voluntary activities to train cloud computing engineers.
- In October 2021, GENIVI Alliance, a collaborative firm developing open standards and software for in-vehicle transmission systems, announced its organizational rebrand as Connected Vehicle Systems Alliance (COVESA). This new brand shall signify the company's emerging technical focus on connected vehicle systems, which includes in-vehicle, in-cloud, and on-edge services.
Players in the market are creating alliances with key services providers of 5G and IOT to develop more reliable integrated connected car services.
Europe Connected Car Market Leaders
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Continental AG
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Robert Bosch GmbH
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Autoliv Inc.
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Harman
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Denso Corp.
*Disclaimer: Major Players sorted in no particular order
