Automotive Electronics Market size is valued at US$ 240.59 Bn in 2021 and expected to grow at a CAGR of 7.89% in the forecasting period to reach US$ 441.70 Bn by 2029.Automotive Electronics Market Dynamics
An increase in automotive electronics adoption to deliver safety features including vehicle data recorder systems, emergency call systems, and alcohol ignition interlocks are expected to drive the growth in the global automotive electronics market. OEMs are focusing to invest heavily in R&D to manufacture high-performance products at reasonable cost and are also concentrating more on energy storage technology. Additionally, the manufacturers have become more reliant on electronics products, which enabling them to deliver high level of safety. OEMs are also focusing on the production of low-cost ADAS for the compact and medium-sized car segments. The key players are introducing affordable ADAS systems like driver monitoring systems, traffic sign recognition, and LDW system to increase their presence in the global automotive electronics market.To know about the Research Methodology :- Request Free Sample Report
COVID-19 impact on market:
COVID-19 has the potential to have three major effects on the global economy: directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets. Our analysts, who are monitoring the situation throughout the world, believe that the market would provide producers with lucrative opportunities following the COVID-19 dilemma.Automotive Electronics Market Segment Analysis
The ADAS application sector is expected to grow at a xx% rate of CAGR during the forecast period. The growth in the market is attributed to the several safety regulations, which are increasing the adoption in cars’ active security systems. These systems involve innovative software and sophisticated electronic components coupled with numerous sensors to enhance the safety of drivers and their surroundings, detect driver health, and increase the driving experience. The development of ADAS in vehicles are delivering road safety, which is expected to drive the market growth.Automotive Electronics Market (PBBA) Regional Analysis:
Region-wise, The Asia Pacific region is projected to be the leading region in the global automotive electronics market. The leading position in the market is attributed to the presence of the prominent electronics ley players in the region. The flourishing electronic component manufacturing industry is one of the key drivers in the global automotive electronics market. Additionally, the number of manufacturers poses an excellent investment opportunity for regional suppliers to take advantage of the local demand, which is contributing significant share in the global automotive electronics market. The objective of the report is to present a comprehensive analysis of Global Automotive Electronics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Automotive Electronics Market dynamics, structure by analysing the market segments and project the Global Automotive Electronics Market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Automotive Electronics Market make the report investor’s guide.Automotive Electronics Market, Key Highlights:
• Automotive Electronics Market analysis and forecast, in terms of value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Automotive Electronics Market • Automotive Electronics Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. • Automotive Electronics Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. • Automotive Electronics Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Automotive Electronics Market are also profiled.Automotive Electronics Market (PBBA) Report Scope: Inquire before buying
Global Automotive Electronics Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 240.59 Bn. Forecast Period 2022 to 2029 CAGR: 7.89% Market Size in 2029: US $ 441.70 Bn. Segments Covered: by Application • ADAS • Body Electronics • Entertainment • Powertrain • Safety Systems Market, by Region
• North America • Europe • Asia-Pacific • Middle East & Africa • Latin AmericaAutomotive Electronics Market(PBBA)Key Players
• Altera • Audiovox • Avago Technologies • Continental • Atmel • Denso • Delphi • Dow Corning • Bosch Group • Hitachi Automotive Systems • Infineon Technologies AG • Panasonic • Texas Instruments • TRW • Wipro • Hella (Germany) • Marelli (Italy), • Osram (Germany) • Valeo (France • Philips (Netherlands) • Varroc (India) • Hyundai Mobis (South Korea) • Koito (Japan) • North American Lighting (US) • Renesas (Japan) • Lumax (India) • Aptiv Frequently Asked Questions: 1. Which region has the largest share in Global Automotive Electronics Market? Ans: Asia Pacific region holds the highest share in 2021. 2. What is the growth rate of Global Automotive Electronics Market? Ans: The Global Automotive Electronics Market is growing at a CAGR of 7.89% during forecast period 2022-2029. 3. What segments are covered in Global Automotive Electronics market? Ans: Global Automotive Electronics Market is segmented into application and region. 4. Who are the key players in Global Automotive Electronics market? Ans: The important key players in the Global Automotive Electronics Market are – Altera, Audiovox, Avago Technologies, Continental, Atmel, Denso, Delphi, Dow Corning, Bosch Group, Hitachi Automotive Systems, Infineon Technologies AG, Panasonic, Texas Instruments 5. What is the study period of this market? Ans: The Global Automotive Electronics Market is studied from 2021 to 2029.
1. INTRODUCTION 1.1. Automotive Electronics Market description & Scope (2021-2029) 1.2. Automotive Electronics, Objectives 1.2.1. Automotive Electronics, Key Takeaways 1.2.2. Automotive Electronics, Abbreviations & Acronyms 2. RESEARCH METHODOLOGY 2.1. Automotive Electronics, Methods used for market forecasting 2.2. Automotive Electronics, Data Sources 2.2.1. Automotive Electronics, Paid Databases 2.2.2. Automotive Electronics, Primary Sources 2.2.3. Automotive Electronics, Secondary Sources 3. EXECUTIVE SUMMARY 3.1. Automotive Electronics, Major Findings 3.1.1. Automotive Electronics, Key Segment Trends 3.1.1.1. Application 3.1.2. Automotive Electronics, Key Regional Trends 3.2. Automotive Electronics, Key Companies and their Strategies 4. MARKET OVERVIEW 4.1. Automotive Electronics Concept & Definition 4.2. Automotive Electronics, Segments Overview 4.2.1. Automotive Electronics, By Application 4.2.1.1. ADAS 4.2.1.2. Body Electronics 4.2.1.3. Entertainment 4.2.1.4. Powertrain 4.2.1.5. Safety Systems 4.3. Automotive Electronics, Market Dynamics 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunities 4.4. Automotive Electronics, Porter’s Analysis 4.5. Automotive Electronics, PESTLE Analysis 4.6. Automotive Electronics, Fragmentation 4.6.1. Automotive Electronics, Key strategic Alliances of companies (inorganic & organic) 4.6.2. Automotive Electronics, Company Market Share (Top 10 Players) 4.6.3. Automotive Electronics, Comparative Analysis of Key players in IoT Automotive 4.7. Global Automotive Electronics Market Industry Trends 5. GLOBAL AUTOMOTIVE ELECTRONICS APPLICATION ESTIMATES & TREND ANALYSIS (2021-2029) 5.1. Global Automotive Electronics Market: Application Analysis 5.1.1. ADAS 5.1.1.1. Market Share and growth forecasts,2021-2029 (USD Billion) 5.1.2. Body Electronics 5.1.2.1. Market Share and growth forecasts,2021-2029 (USD Billion) 5.1.3. Entertainment 5.1.3.1. Market Share and growth forecasts,2021-2029 (USD Billion) 5.1.4. Powertrain 5.1.4.1. Market Share and growth forecasts,2021-2029 (USD Billion) 5.1.5. Safety Systems 5.1.5.1. Market Share and growth forecasts,2021-2029 (USD Billion) 5.2. Global Automotive Electronics Market: Application Trends 6. REGIONAL ESTIMATES & TREND ANALYSIS (2021-2029) 6.1. North America Automotive Electronics market share by Region, 2016 & 2025 6.2. North America 6.2.1. North America Automotive Electronics market, Market Share and growth forecasts, 2021-2029 (USD Billion) 6.2.2. Automotive Electronics Drivers for North America Market 6.2.3. Automotive Electronics, Market Share Analysis and Growth Forecast, by Country 6.2.3.1. US 6.2.3.2. Canada 6.2.4. Automotive Electronics, Country-wise GDP Growth Forecast 6.2.5. Automotive Electronics Trends in North America Market 6.3. Europe 6.3.1. Europe Automotive Electronics market, Market Share and growth forecasts, 2021-2029 (USD Billion) 6.3.2. Automotive Electronics Drivers for Europe Market 6.3.3. Automotive Electronics, Market Share Analysis and Growth Forecast, by Country 6.3.3.1. UK 6.3.3.2. Germany 6.3.3.3. France 6.3.3.4. Russia 6.3.3.5. Spain 6.3.3.6. Italy 6.3.3.7. Others 6.3.4. Automotive Electronics, Country-wise GDP Growth Forecast 6.3.5. Automotive Electronics Trends in Europe Market 6.4. Asia Pacific 6.4.1. Asia Pacific Automotive Electronics market, Market Share and growth forecasts, 2021-2029 (USD Billion) 6.4.2. Automotive Electronics Drivers for Asia Pacific Market 6.4.3. Automotive Electronics, Market Share Analysis and Growth Forecast, by Country 6.4.3.1. China 6.4.3.2. Japan 6.4.3.3. India 6.4.3.4. South Korea 6.4.3.5. Australia 6.4.3.6. Others 6.4.4. Automotive Electronics, Country-wise GDP Growth Forecast 6.4.5. Automotive Electronics Trends in Asia Pacific Market 6.5. Middle-east and Africa 6.5.1. Middle-east and Africa Automotive Electronics market, Market Share and growth forecasts, 2021-2029 (USD Billion) 6.5.2. Automotive Electronics Drivers for Middle-east and Africa Market 6.5.3. Automotive Electronics, Market Share Analysis and Growth Forecast, by Country 6.5.3.1. GCC Countries 6.5.3.2. Saudi Arabia 6.5.3.3. Others 6.5.4. Automotive Electronics Trends in Middle-east and Africa Market 6.6. Latin America 6.6.1. Latin America Automotive Electronics market, Market Share and growth forecasts, 2021-2029 (USD Billion) 6.6.2. Automotive Electronics Drivers for Latin America Market 6.6.3. Automotive Electronics, Market Share Analysis and Growth Forecast, by Country 6.6.3.1. Brazil 6.6.3.2. Mexico 6.6.3.3. Others 6.6.4. Automotive Electronics Trends in Latin America Market 7. MARKET COMPETITION ANALYSIS 7.1. Automotive Electronics, Strategy Framework 7.2. Automotive Electronics, Consolidation 7.2.1. Automotive Electronics, Patent Analysis 7.2.2. Automotive Electronics, Mergers & Acquisitions 7.2.2.1. Region Based 7.2.2.2. List of Mergers & Acquisitions 7.2.3. Automotive Electronics, Company Benchmarking (Revenue & Profit Based) 7.2.4. Automotive Electronics, Strategic Assessment of Company Consolidations 7.2.5. Automotive Electronics, Emerging Business Models 7.3. Automotive Electronics, Company Profiles 7.3.1. Altera 7.3.1.1. Company overview 7.3.1.2. Key financials 7.3.1.3. Geographical presence 7.3.1.4. Product and Business Segments 7.3.1.5. Strategic initiatives 7.3.1.6. SWOT analysis 7.3.1.7. Competitive positioning and landscape 7.3.2. Audiovox 7.3.2.1. Company overview 7.3.2.2. Key financials 7.3.2.3. Geographical presence 7.3.2.4. Product and Business Segments 7.3.2.5. Strategic initiatives 7.3.2.6. SWOT analysis 7.3.2.7. Competitive positioning and landscape 7.3.3. Avago Technologies 7.3.3.1. Company overview 7.3.3.2. Key financials 7.3.3.3. Geographical presence 7.3.3.4. Product and Business Segments 7.3.3.5. Strategic initiatives 7.3.3.6. SWOT analysis 7.3.3.7. Competitive positioning and landscape 7.3.4. Continental 7.3.4.1. Company overview 7.3.4.2. Key financials 7.3.4.3. Geographical presence 7.3.4.4. Product and Business Segments 7.3.4.5. Strategic initiatives 7.3.4.6. SWOT analysis 7.3.4.7. Competitive positioning and landscape 7.3.5. Atmel 7.3.5.1. Company overview 7.3.5.2. Key financials 7.3.5.3. Geographical presence 7.3.5.4. Product and Business Segments 7.3.5.5. Strategic initiatives 7.3.5.6. SWOT analysis 7.3.5.7. Competitive positioning and landscape 7.3.6. Denso 7.3.6.1. Company overview 7.3.6.2. Key financials 7.3.6.3. Geographical presence 7.3.6.4. Product and Business Segments 7.3.6.5. Strategic initiatives 7.3.6.6. SWOT analysis 7.3.6.7. Competitive positioning and landscape 7.3.7. Delphi 7.3.7.1. Company overview 7.3.7.2. Key financials 7.3.7.3. Geographical presence 7.3.7.4. Product and Business Segments 7.3.7.5. Strategic initiatives 7.3.7.6. SWOT analysis 7.3.7.7. Competitive positioning and landscape 7.3.8. Dow Corning 7.3.8.1. Company overview 7.3.8.2. Key financials 7.3.8.3. Geographical presence 7.3.8.4. Product and Business Segments 7.3.8.5. Strategic initiatives 7.3.8.6. SWOT analysis 7.3.8.7. Competitive positioning and landscape 7.3.9. Bosch Group 7.3.9.1. Company overview 7.3.9.2. Key financials 7.3.9.3. Geographical presence 7.3.9.4. Product and Business Segments 7.3.9.5. Strategic initiatives 7.3.9.6. SWOT analysis 7.3.9.7. Competitive positioning and landscape 7.3.10. Hitachi Automotive Systems 7.3.10.1. Company overview 7.3.10.2. Key financials 7.3.10.3. Geographical presence 7.3.10.4. Product and Business Segments 7.3.10.5. Strategic initiatives 7.3.10.6. SWOT analysis 7.3.10.7. Competitive positioning and landscape 7.3.11. Infineon Technologies AG 7.3.11.1. Company overview 7.3.11.2. Key financials 7.3.11.3. Geographical presence 7.3.11.4. Product and Business Segments 7.3.11.5. Strategic initiatives 7.3.11.6. SWOT analysis 7.3.11.7. Competitive positioning and landscape 7.3.12. Panasonic 7.3.12.1. Company overview 7.3.12.2. Key financials 7.3.12.3. Geographical presence 7.3.12.4. Product and Business Segments 7.3.12.5. Strategic initiatives 7.3.12.6. SWOT analysis 7.3.12.7. Competitive positioning and landscape 7.3.13. Texas Instruments 7.3.13.1. Company overview 7.3.13.2. Key financials 7.3.13.3. Geographical presence 7.3.13.4. Product and Business Segments 7.3.13.5. Strategic initiatives 7.3.13.6. SWOT analysis 7.3.13.7. Competitive positioning and landscape 7.3.14. TRW 7.3.14.1. Company overview 7.3.14.2. Key financials 7.3.14.3. Geographical presence 7.3.14.4. Product and Business Segments 7.3.14.5. Strategic initiatives 7.3.14.6. SWOT analysis 7.3.14.7. Competitive positioning and landscape 7.3.15. Wipro 7.3.15.1. Company overview 7.3.15.2. Key financials 7.3.15.3. Geographical presence 7.3.15.4. Product and Business Segments 7.3.15.5. Strategic initiatives 7.3.15.6. SWOT analysis 7.3.15.7. Competitive positioning and landscape 7.3.16. Hella (Germany) 7.3.17. Marelli (Italy), 7.3.18. Osram (Germany) 7.3.19. Valeo (France 7.3.20. Philips (Netherlands) 7.3.21. Bosch (Germany) 7.3.22. Varroc (India) 7.3.23. Hyundai Mobis (South Korea) 7.3.24. Koito (Japan) 7.3.25. North American Lighting (US) 7.3.26. Renesas (Japan) 7.3.27. Lumax (India) 7.3.28. Aptiv