South Korea In-vehicle Emergency Calling Market was valued at USD 330 Million in 2022 and is projected to reach USD 700 Million by 2030, growing at a CAGR of 10.1% from 2024 to 2030.
The South Korea In-vehicle Emergency Calling Market has become a pivotal segment in the automotive industry, driven by increasing concerns for safety, compliance, and consumer demand for advanced technology. The In-vehicle Emergency Calling Market has gained substantial traction, especially with the introduction of innovative systems that connect vehicles to emergency services in case of an accident or health crisis.
One of the main factors pushing the demand for in-vehicle emergency calling systems is the strict regulatory requirements set by South Korean authorities. In 2018, the South Korean government mandated that all new vehicles must be equipped with an in-vehicle emergency calling system, significantly driving market growth. This regulation, which aims to reduce emergency response times and improve road safety, has prompted automakers to invest heavily in advanced technologies that support seamless emergency communication.
Industries and stakeholders in the automotive sector are particularly focused on providing solutions that go beyond just calling emergency services. They are integrating advanced features such as automatic crash detection, real-time data sharing with medical professionals, and location tracking. The use of telematics and vehicle-to-everything (V2X) technologies has also enhanced the capabilities of these systems, offering real-time alerts to drivers and emergency responders, thus making it more efficient for help to reach accident sites.
For South Korean manufacturers, adopting these technologies is crucial not only for compliance with regulatory standards but also for gaining consumer trust. As consumers become more aware of safety features, the presence of a reliable in-vehicle emergency calling system becomes a key factor when purchasing new vehicles. The need for seamless integration with other vehicle systems and the ability to provide accurate data quickly is also a growing demand from the industry.
The South Korea In-vehicle Emergency Calling Market continues to expand as new technologies emerge, driven by consumer expectations for enhanced vehicle safety and compliance with government regulations. The collaboration between car manufacturers, technology providers, and emergency services is integral to shaping a future where in-vehicle emergency systems play a central role in saving lives.
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Bosch
Continental
Valeo
Delphi
Magneti
Denso
HARMAN
Telit Wireless Solutions
LG
Gemalto
Infineon Technologies
Ficosa
U-Blox
Visteon
Flairmicro
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea In-vehicle Emergency Calling Market
Automated Emergency Calling Systems
Manual Emergency Calling Systems
Integrated Emergency Response Solutions
Mobile App-Based Emergency Calling
Satellite-Based Emergency Calling
Passenger Cars
Commercial Vehicles
Motorcycles
Electric Vehicles
Luxury Vehicles
Individual Users
Corporate Fleets
Government Agencies
Emergency Service Providers
Insurance Companies
Basic Emergency Services
Value-Added Services
Subscription-Based Services
Pay-Per-Use Services
Fleet Management Services
Cellular Connectivity
Wi-Fi Connectivity
Bluetooth Connectivity
Embedded SIM Solutions
Vehicle-to-Everything (V2X) Communication
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea In-vehicle Emergency Calling Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea In-vehicle Emergency Calling Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea In-vehicle Emergency Calling Market, By Type
6. South Korea In-vehicle Emergency Calling Market, By Application
7. South Korea In-vehicle Emergency Calling Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea In-vehicle Emergency Calling Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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