Automotive Electronics market revenue is estimated to be $XX Billion in 2019 and shall grow with a CAGR of XX.X% during the forecast period of 2019 to 2026.
Automotive Electronics refers to the electronic circuits that enable the functioning of various sub-systems of an automobile such as Entertainment & Communications, The Powertrain, Safety systems, and Advanced Driver-assistance systems (ADAS). Some of the key drivers of this industry are the rising preference for safety features in automobiles, Robust government policy updates, and a surge in Electric vehicle sales in certain countries. However, one of the challenges is the subpar automotive manufacturing sector in the United States. One of the restraints is the high Capex of ADAS.
Analysis by Vehicle Type
The Vehicle type is segmented into Commercial Vehicles and Passenger Cars. The Automotive Electronics market report claims that the latter will draw the bulk of the demand owing to a rising demand for automobiles in a significant number of countries. Moreover, the Automotive Electronics market research confirms that enhanced standards of comfort and complex Driver-Assistance systems will be applied by a lot of OEMs in the projected time.
The Automotive Electronics market share of Commercial Vehicles is also likely to pick up owing to stringent government initiatives in several developing economies as a result of fleet up-gradation from a safety perspective.
Analysis by Application
According to the application, the five main segments are Infotainment & Communication, ADAS, Powertrain, Body Electronics, and Safety systems. Infotainment & Communication is further segregated into Audio, Display, Navigation, Head-Up Display, and Communication. The Powertrain segment has four sub-divisions: Engine Controllers, Transmission Drivetrain, Exhaust, and xEV. Lastly, ADAS is categorized into Adaptive Cruise Control, Blind Spot Detection, Parking Assistance, Automated Emergency Braking, Night Vision, and Lane Department Warning. The largest Automotive Electronics market size is exhibited by ADAS with a nearly double-digit growth rate over the period in consideration. Within this segment, the two categories likely to be the focus of attention are Automated Emergency Braking and Blind Spot Detection.
Analysis by Region
The Automotive Electronics market estimation for the Asia-Pacific region is the most promising among all others and is likely to witness nearly double-digit growth being led by China, Japan, India, and South Korea. The buoyant Automotive Electronics market forecast is accentuated by the presence of several component manufacturers in these countries and thus all players in the value-chain are more profitable than those in Europe and North America. The export options available to these manufacturers will boost the Automotive Electronics Price trend over the projected timeframe.
Analysis by Acclaimed Organizations
The eminent Automotive Electronics companies are Magna International, Continental AG, Bosch Group, Altera Corporation, Infineon Technologies, Lear Corporation, Delphi Automotive, Hitachi Automotive Systems, Voxx International Corporation, Faurecia, Hyundai Mobis, and Valeo. Mergers & Acquisitions are likely to unlock immense synergies in this industry looking into the future. Certain vertically-specialized companies will be an excellent choice for larger MNCs to cater to regional and specialized functional requirements.
COVERAGE HIGHLIGHTS
- • Market Revenue Estimation and Forecast (2019 – 2026)
- • Market Production Estimation and Forecast (2019 – 2026)
- • Market Sales/Consumption Volume Estimation and Forecast (2019 – 2026)
- • Breakdown of Revenue by Segments (2019 – 2026)
- • Breakdown of Production by Segments (2019 – 2026)
- • Breakdown of Sales Volume by Segments (2019 – 2026)
- • Gross Margin and Profitability Analysis of Companies
- • Business Trend and Expansion Analysis
- • Import and Export Analysis
- • Regional Analysis and Market Data Breakdown
MARKET SEGMENTATION
By Vehicle Type Outlook ($Revenue and Unit Sales, 2019-2026)
- • Commercial Vehicles
- • Passenger Cars
By Application Outlook ($Revenue and Unit Sales, 2019-2026)
- • Infotainment & Communication
- • Audio
- • Display
- • Navigation
- • Head-Up Display
- • Communication
- • ADAS
- • Adaptive Cruise Control
- • Blind Spot Detection
- • Parking Assistance
- • Automated Emergency Braking
- • Night Vision
- • Lane Department Warning
- • Powertrain
- • Engine Controllers
- • Transmission Drivetrain
- • Exhaust
- • xEV
- • Body Electronics
- • Safety Systems
- By Regional Outlook ($Revenue and Unit Sales, 2019-2026)
- • North America
- • U.S.
- • Canada
- • Mexico
- • Europe
- • U.K.
- • Germany
- • France
- • Italy
- • Portugal
- • Russia
- • The Netherlands
- • Asia-Pacific
- • India
- • Japan
- • China
- • South Korea
- • Thailand
- • Malaysia
- • Latin America
- • Brazil
- • Argentina
- • Middle East & Africa
- • South Africa
- • U.A.E.
- • Iran
- • Kenya
Acclaimed Organizations
- • Aisin Seiki Co. Ltd.
- • Altera Corporation
- • American Axle & Manufacturing, Inc.
- • Atmel Corporation
- • Autoliv Inc.
- • Bosch Group
- • Broadcom, Inc.
- • Continental AG
- • Delphi Technologies
- • Denso Corporation
- • Faurecia
- • Hitachi Automotive Systems, Ltd.
- • Hyundai Mobis
- • Infineon Technologies
- • Lear Corporation
- • Magna International Inc.
- • Panasonic Corporation
- • Texas Instruments Incorporated
- • VALEO
- • Voxx International Corporation
- • ZF Friedrichshafen AG
