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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
A vehicle type known as a "software-defined vehicle" is one that is created to be extremely changeable and customizable through software. The powertrain, safety systems, and entertainment functions of the car, for example, can all be controlled and customised through software programming.
Many of the conventional mechanical parts in a software-defined vehicle are swapped out for digital components including sensors, controllers, and communication interfaces. This makes it possible for increased adaptability and flexibility as well as for quicker and more effective updates and upgrades.
The ability to remotely update and upgrade a software-defined vehicle's systems and features is one of its key advantages (OTA) comparable to how software updates are sent on smartphones. This can enhance convenience, performance, and safety while also making it possible to gradually add new features and capabilities.
Global Software defined vehicle market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
The Hyundai Motor Group declared that all of its models would be software-defined by. The business will also introduce vehicles that are based on its two new EV platforms, eM and eS. The new EV platforms will be made using the Integrated Modular Architecture (IMA) concept. The South Korean firm wants to standardise parts that are now unique to each EV model, like batteries and electric motors.
The company will successfully expand its lineup by flexibly using shared components in each car.
Vehicles from the Hyundai Motor Group will include two different platform types: the eS platform, which is only available for purpose-built cars, and the eM platform, which is dedicated to EVs for passengers.
Hyundai claims that, similar to software updates for mobile phones, it would enable its customers to enhance the performance and functionality of their vehicles at any time, anywhere. The company promised to continuously upgrade all of its models' software through the internet, including those that are already in use (OTA).
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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