The Global In-Vehicle ecall Market has witnessed notable growth in historical years. In-Vehicle eCall is a calling service used in the case of an accident to automatically or manually call the listed numbers in the vehicles to reduce the life-threatening scenario for the passengers. eCall transmits data regarding the time of the accident, direction of accidents, and location of the vehicles to the emergency response services to reduce the time to reach timely medical help to the person/persons in the accident.
Stringent Regulations & Rising Sales of Automotives with Safety Features:
One of the key factors that have led to the higher demand for eCall systems to be integrated into the modern age passenger cars and commercial vehicles is the rising focus of the government and pertinent regulatory bodies to implement such technologies due to increasing road-based accidents. As developing regions such as Europe, North America, etc., already have mandated the deployment of eCall in the automotive vehicles the rising number of road accidents in the developing regions would propel its adoption in these regions as well. For instance, According to the World Health Organization Road crashes caused around 1.35 million fatalities across the globe of which 93% happened in the low-and middle-income economies. According to WHO, approximately 155, 600 deaths were caused only in India during 2021.
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Considering the upsurge in the demand for safety in automobiles of both passenger and commercial category the demand for In-Vehicle eCalls would also increase in the forthcoming years.
Apart from the increasing sales of automobiles in developing regions, there is a high demand for safety features to reduce cases of fatality across the globe due to road accidents. Considering the changes the demand for the In-Vehicle eCall market would experience rapid growth during 2024-2032.
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Shift Towards Autonomous Vehicles:
Autonomous Vehicles have marked their presence in many European and North American countries, With the focus on the reduction of cost by commercial fleet companies especially in the logistics sector many of the automotive manufacturing companies have focused on providing semi-autonomous and fully autonomous vehicles. Additionally, many of the passenger car models are also targeted to be launched in the coming years offering driverless rides which would require the integration of many of the additional safety systems such as eCall to provide an added layer of security and safety to the passenger in case of any car related accident.
As the technology of autonomous driving is improving more passenger car and commercial vehicle models are anticipated to be launched further paving the path for the market growth of eCall technology in the coming years i.e., 2024-2032.
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Conclusion:
The Global In-Vehicle eCall market is experiencing a transformative phase driven by technological advancements, sustainable vehicle production and operations, digitalization, market dynamics, and implementation of government policies. Stakeholders across the industry are embracing these trends to enhance operational efficiency, etc. According to the Univdatos Market Insights analysis, growing demand for automobile safety features will drive the growth scenario of In-Vehicle eCall and as per their “In-Vehicle eCall Market” report, the global market was valued at USD 1120 million in 2023, growing at CAGR of 11.44% during the forecast period from 2024 - 2032 to reach USD XX million by 2032.
