LAMEA Automotive Ecalls Market

LAMEA Automotive Ecalls Market Size, Share & Industry Trends Analysis Report By Trigger Type, By Propulsion Type (IC Engine, and Electric), By Vehicle Type (Passenger Cars, and Commercial Vehicles), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-17314 Publication Date: September-2023 Number of Pages: 119
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Market Report Description

The Latin America, Middle East and Africa Automotive Ecalls Market would witness market growth of 15.0% CAGR during the forecast period (2023-2030).

Ecall systems offer enhanced safety and security to drivers and passengers. This feature particularly appeals to consumers and has driven demand for vehicles equipped with ecall technology. The market has experienced substantial growth due to increased awareness of safety and regulatory requirements. As more vehicles are manufactured with ecall systems, the market has expanded. Ongoing advancements in communication technology, including 5G and satellite positioning (such as Galileo and GPS), have improved the accuracy and reliability of ecall systems. This has contributed to their wider adoption. The rise of connected car technologies has synergized with ecall systems. These technologies enable vehicles to communicate with the cloud, providing additional features and functionalities.

Many ecall systems are integrated with telematics platforms, allowing vehicle owners to access services beyond emergency assistance, such as remote diagnostics, stolen vehicle tracking, and navigation. Various companies, including automakers, telecommunications providers, and technology companies, compete in the market. Collaboration and partnerships between stakeholders have become common as they become more integrated into vehicle systems. Besides factory-installed ecall systems, there is a demand for aftermarket ecall devices that can be retrofitted into existing vehicles. The market has grown steadily due to regulatory requirements, safety concerns, and technological advancements. It plays a crucial role in enhancing road safety and emergency response capabilities.

There is a growing interest among regional governments in improving road safety. Regulatory changes and discussions regarding the adoption of eCall systems are underway in some countries. Latin America has experienced steady growth in vehicle ownership, driven by rising incomes and urbanization. The expanding vehicle demand creates opportunities to integrate advanced safety technologies like eCall. Latin America has been known for its high road accident rates and fatalities. Addressing road safety concerns is a priority for many regional governments, and eCall technology can contribute to quicker emergency response and potentially save lives. These factors expand the growth of the market in this region.

The Brazil market dominated the LAMEA Automotive Ecalls Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $144 million by 2030. The Argentina market is showcasing a CAGR of 15.6% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 14.6% during (2023 - 2030).

Based on Trigger Type, the market is segmented into Automatically Initiated eCall (AIeC), and Manually Initiated eCall (MIeC). Based on Propulsion Type, the market is segmented into IC Engine, and Electric. Based on Vehicle Type, the market is segmented into Passenger Cars, and Commercial Vehicles. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Automotive Ecalls Market is Projected to reach USD 6.8 Billion by 2030, at a CAGR of 10.3%

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Aptiv PLC, Telit corporate group (DBAY Advisors Limited), LG Electronics, Inc. (LG Corporation), Valeo SA, Samsung Electronics Co., Ltd. (Samsung Group), U-blox Holding AG, Thales Group S.A., Denso Corporation, Continental AG, Panasonic Holdings Corporation.

Scope of the Study

Market Segments Covered in the Report:

By Trigger Type

  • Automatically Initiated eCall (AIeC)
  • Manually Initiated eCall (MIeC)

By Propulsion Type

  • IC Engine
  • Electric

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Aptiv PLC
  • Telit corporate group (DBAY Advisors Limited)
  • LG Electronics, Inc. (LG Corporation)
  • Valeo SA
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • U-blox Holding AG
  • Thales Group S.A.
  • Denso Corporation
  • Continental AG
  • Panasonic Holdings Corporation
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