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Stock impact report

Europe Automotive Cybersecurity Market Outlook 2022-2031 Featuring Profiles of ESCRYPT, Vector Informatik, Irdeto, Garrett Motion, Aptiv, and NXP Semiconductors [Yahoo! Finance]

Garrett Motion Inc. (GTX) 
Last garrett motion inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
and Forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering. The Europe automotive cybersecurity market (excluding U.K.) was valued at $793.5 million in 2022, and it is expected to grow at a CAGR of 24.08% and reach $ 5.53 billion by 2031. Automotive cybersecurity is expected to grow significantly in Europe. This growth will be primarily driven by factors like the growing number of connected vehicles, the increasing adoption of electronics per vehicle, the increased cyber threats resulting from increased data and connectivity of vehicles, and the rising sales of electric vehicles. Business Dynamics Business Drivers Increase in Use of Electronics Per Vehicle and Growing Number of Connected Vehicles Rising Cyber Threats owing to Increase in Data and Connectivity of the Vehicles Rising Sales of Electric Vehicles Business Restraints Growing Complexity and Increase in Number of Electronics in Vehicles Financial Impacts due to Vulnerability and Grow Show less Read more
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