Global Automotive Electronics Market, By Type (ADAS, Safety Systems, Infotainment & Communication, B

Published Date: | Report Code : AT1921366

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The high growth of the automotive industry in the emerging regions is expected to drive the demand of the automotive electronics market during the forecast period.  Some of the major end-use industries in the automotive electronics market have been witnessing strong growth in the emerging region such as the Asia Pacific and the Middle East.  

The deployment of digitized and advanced technologies, incorporation of artificial intelligence, and the development of the internet of things, among others, have made passenger and commercial vehicles highly sophisticated. All these have improved the driving experience as well as the convenience of the user without hampering the performance of the vehicle. This, in turn, is driving the growth of the automotive electronics market.

Moreover, the market has witnessed a preference for advanced safety systems, such as accident data recorders, alcohol ignition interlocks, anti-lock braking, etc., in automobiles. This will also help fuel the growth of the global automotive electronics market.

Key Factors Impacting Market Growth:

  • Rising demand for passenger and commercial vehicles
  • Stringent government regulations on fuel emissions
  • Demand for high performance, versatility, and environment-friendly vehicles

Regional Analysis: 

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the automotive electronics market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with several global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the automotive electronics market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for the automotive electronics market in the region. 

Asia Pacific is estimated to be the fastest-growing region for the automotive electronics market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for the automotive electronics market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: 

Magna International, Continental AG, Bosch Group, Delphi Automotive, Infineon Technologies, HGM Automotive Electronics, ZF Friedrichshafen AG, Hitachi Automotive Systems, Audiovox, and Denso Corporation 

By Type:

  • Advanced Driver Assistance Systems (ADAS) Adaptive Cruise Control
  • Adaptive Cruise Control
  • Blind Spot Detection
  • Parking Assistance
  • Automated Emergency Braking
  • Night Vision
  • Lane Department Warning
  • Safety Systems
  • Engine Controllers
  • Transmission Drivetrain
  • Exhaust
  • xEV
  • Infotainment & Communication
  • Audio
  • Display
  • Navigation
  • Head-Up Display
  • Communication
  • Body Electronics
  • Powertrain
  • Others

By Component:

  • Electronic Control Units (ECU)
  • Current Carrying Devices (CCD)
  • Sensors
  • Others

By Vehicle Type:

  • Passenger
  • Commercial
  • Hybrid Electric

By Sales Channel:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

By Region:

  • North America
    • By Country (US, Canada, Mexico, Rest of North America)
    • By Type
    • By Component
    • By Vehicle Type
    • By Sales Channel
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Component
    • By Vehicle Type
    • By Sales Channel
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Component
    • By Vehicle Type
    • By Sales Channel
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Component
    • By Vehicle Type
    • By Sales Channel
  • Rest of the World
    • By Region (South America, Middle East, Africa)
    • By Type
    • By Component
    • By Vehicle Type
    • By Sales Channel

Reasons To Buy This Report:

  • Market size estimation of the automotive electronics market on a regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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