logo
logo
Sign in

Automotive Electronics Market Analysis and Demand with Forecast to 2023

avatar
sagar k

Market Insights

The rising safety concerns to prevent accidents causing surge in the demand for active safety system is expected to boost the global automotive electronics market growth. The increasing need for  effective infotainment system and growing demand  for automobiles that offer greater fuel-efficacy are other factors that are expected to surge the global market of automotive electronics in the coming years.

Get Free Sample @ https://www.marketresearchfuture.com/sample_request/4191

Regional Outlook

The regional study of the automotive electronics maker considers four key regions. They are; Asia Pacific (APAC), North America, Europe, and the Rest of the World (RoW).

The North America market to hold the major share of the global automotive electronics market in the review period. Surge in the adoption of trending technologies by automobile manufacturers and increase in the demand for intelligent automobiles that are empowered with advanced electronic components are major factors that are expected to impel the North America market. Integration of technologies such as artificial intelligence, machine learning, and deep learning into passenger, commercial vehicles, and heavy vehicles by European automakers are expected to propel the regional market. The high electric vehicles use in Europe can also escalate the regional market growth. In the Asia Pacific  region, increased in per capita income, change in lifestyle, and expanding urban population base are contributing to the rise in the adoption of electric vehicles, equipped with advanced infotainment systems.  These factors are expected to push the APAC automotive electronics market growth.

Segmental Outline

The global automotive electronics market has been segmented on the basis of sales channel, type, and application.

Based on type, the automotive electronics has been segmented into advanced driver assistance systems, body electronics, safety systems, entertainment, powertrain, and others.

Based on sales channel, the automotive electronics market has been segmented into OEM and aftermarket.

Based on application, the automotive electronics market has been segmented into two-wheeler, passenger cars, light commercial vehicle, heavy commercial vehicle, and electric vehicle.

Key Players

OMRON Corporation (Japan), Robert Bosch GmbH (Germany), HGM Automotive Electronics (U.S.), Infineon Technologies AG (Germany),  Delta Electronics, Inc. (Taiwan)., Hitachi, Ltd. (Japan), ZF Friedrichshafen AG (U.S.), Atotech (Germany), Koninklijke Philips N.V. (Netherlands), and Denso Corporation (Japan) are major players of the global automotive electronics market.  In- depth understanding of the competitive landscape of the market aids in designing strategic growth plan, which is likely to bolster the market to expand.

Get Full Report @ https://www.marketresearchfuture.com/reports/automotive-electronics-market-4191

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

collect
0
avatar
sagar k
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more