Automotive Electronics

By 2030 Automotive Electronics Market Reaches $ 640.56 Billion Mark Automotive Electronics Market (By Product: Sensors, Electronic Control Unit, and Current Carrying Devices; By Application: Body Electronics, ADAS, Infotainment, Safety Systems and Powertrain Electronics; By Sales Channel: OEM, and Aftermarket) - Global Industry Analysis, Size, Share, Growth, Trends Analysis, Regional Outlook and Forecasts, 2021 - 2030

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The automotive electronics market is expected to exhibit a CAGR of 7.64% from 2021 to 2030 and is projected to reach US$ 640.56 Billion by 2030 from US$ 255.98 billion in 2020, according to a 2021 study by Precedence Research, the Canada based market insight company.

The report contains 150+ pages with detailed analysis. The study provides the overall revenue of the global automotive electronics market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global automotive electronics market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the automotive electronics industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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Growth Factors

Automotive electronics technologies like all-electric cars, autonomous driving, and in-car infotainment are the new-fangled trends in the automotive sector. Automotive vehicles are renovating into the definitive electronic devices. Automotive electronics are foretold to occupy near a 3rd of the total price of the whole car. The automotive renovations offer escalation to new features and encounters such as all-electric cars and autonomous driving with extreme high power, and secure communications, high-speed and infotainment among others.

The future of cars is about sharing, autonomous driving, electric power, and links to external networks (i.e. vehicle-to-everything/ V2X) and automotive electronics will be leveraged for all 4 of these segments. Rising automotive electronics acceptance to offer safety features like emergency call systems, alcohol ignition interlocks, and calamity data recorder systems are anticipated to boost growth of the market. Cumulative acceptance by OEMs on high-volume traditional executions is also expected to amend the governing framework.

However, on account of COVID-19, most of the nations obeyed a complete lockdown that has impacted vehicle production across the world. Manufacturing units have been closed; thus, sales of vehicles have dropped and impacted production on a global level. Though few OEMs have restarted production; the drive by wire market may perceive noteworthy decline in 2020. Though, the COVID-19 outbreak disturbed the ICE vehicle production, numerous automakers are still concentrating on expansions in numerous drives by wire systems.

Report Highlights

  • Asia Pacific anticipated constituting prime share in the global automotive electronics market in terms of revenue throughout the assessment period
  • Accident data recorder system, alcohol ignition interlock, and emergency call system are achieving attention that drives the demand for advanced electronic in the automotive sector
  • Advanced driver-assistance systems or ADAS application segment of the market is predicted to grow at the fastest rate during years to come due to numerous steps undertaken by the governments to augment the security and safety of drivers along with the vehicles

Regional Snapshots

Rapidly rising automotive sector in the region due to varying living standards and cumulative purchasing power of users is expected flourish revenue growth of automotive electronics market in Asia Pacific during forecast period. Furthermore, increasing automotive aftermarket is anticipated to subsidize revenue development of automotive electronics market in APAC. China occupied for over 28% of global motor production. It was the front-runner in passenger car sales and production with 23.7 million and 23.5 million correspondingly, in 2018.

North America is predictable to develop at the considerable CAGR of throughout the estimate period. The U.S. is expected to govern the regional market due to the occurrence of crucial manufacturers including ZF Friedrichshafen AG, Continental AG, Autoliv, Inc, and Robert Bosch GmbH and others.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global automotive electronics market are as follows:

  • HELLA GmbH & Co. KGaA
  • Altera
  • Broadcom Ltd
  • Infineon Technologies AG
  • Panasonic Corporation
  • Hitachi Automotive Systems, Ltd
  • Microchip Technology, Inc
  • NXP Semiconductors N.V
  • Texas Instruments Incorporated

Market Segmentation

By Type

  • Sensors
  • Electronic Control Unit
  • Current Carrying Devices

By Sales Channel

  • OEM
  • Aftermarket

By Application

  • Body Electronics
  • ADAS
  • Infotainment
  • Safety Systems
  • Powertrain Electronics

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights covered in the report include:

Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global automotive electronics market. It examines trends and factors influencing demand for automotive electronics globally and gauges the impact of the same on the production.

Pricing Analysis – The report presents an exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.

Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.

Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for automotive electronics across the world.

Competitive Analysis – Some of the leading market players are profiled in the report on automotive electronics. The report offers an estimation of share individually help by the market players and determines the impact of some of their popular strategies.

COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.

Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global automotive electronics market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for automotive electronics are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Automotive Electronics Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Automotive Electronics Market

5.1. Covid-19: Automotive Electronics Industry Impact
5.2. Automotive Electronics Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Automotive Electronics Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Automotive Electronics Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Automotive Electronics Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Driver 1
6.1.1.2. Driver 2
6.1.2. Market Restraints
6.1.2.1. Restraint 1
6.1.3. Market Opportunities
6.1.3.1. Opportunity 1
6.1.3.2. Opportunity 2

Chapter 7. Global Automotive Electronics Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Automotive Electronics Market Revenue by Market Players (2016-2020)
7.1.1.2. Automotive Electronics Market Revenue Market Share by Market Players (2016-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Product Type Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Automotive Electronics Market, By Product Type

8.1. Automotive Electronics Market, by Component, 2017-2030
8.1.1. Sensors
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Electronic Control Unit
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Current Carrying Devices
8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Automotive Electronics Market, By Application

9.1. Automotive Electronics Market, by Application, 2017-2030
9.1.1. Body Electronics
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. ADAS
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Infotainment
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Safety Systems
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Automotive Electronics Market, By End-user

10.1. Automotive Electronics Market, by End-user, 2017-2030
10.1.1. OEM
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Aftermarket
10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Automotive Electronics Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue Forecast by Product Type(2017-2030)
11.1.2. Market Revenue Forecast by Application (2017-2030)
11.1.3. Market Revenue Forecast by End-user (2017-2030)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2017-2030)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2017-2030)
11.2. Europe
11.2.1. Market Revenue Forecast by Product Type(2017-2030)
11.2.2. Market Revenue Forecast by Application (2017-2030)
11.2.3. Market Revenue Forecast by End-user (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2017-2030)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2017-2030)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Product Type(2017-2030)
11.3.2. Market Revenue Forecast by Application (2017-2030)
11.3.3. Market Revenue Forecast by End-user (2017-2030)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2017-2030)
11.4. LATAM
11.4.1. Market Revenue Forecast by Product Type(2017-2030)
11.4.2. Market Revenue Forecast by Application (2017-2030)
11.4.3. Market Revenue Forecast by End-user (2017-2030)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2017-2030)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2017-2030)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Product Type(2017-2030)
11.5.2. Market Revenue Forecast by Application (2017-2030)
11.5.3. Market Revenue Forecast by End-user (2017-2030)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2017-2030)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2017-2030)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2017-2030)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2017-2030)

Chapter 12. Company Profiles

12.1. HELLA GmbH & Co. KGaA
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Application
12.1.3. Revenue, Price, and Gross Margin (2016-2020)
12.1.4. Recent Developments and Strategies
12.2. Altera
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Application
12.2.3. Revenue, Price, and Gross Margin (2016-2020)
12.2.4. Recent Developments and Strategies
12.3. Broadcom Ltd
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Application
12.3.3. Revenue, Price, and Gross Margin (2016-2020)
12.3.4. Recent Developments and Strategies
12.4. Infineon Technologies AG
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Application
12.4.3. Revenue, Price, and Gross Margin (2016-2020)
12.4.4. Recent Developments and Strategies
12.5. Panasonic Corporation
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Application
12.5.3. Revenue, Price, and Gross Margin (2016-2020)
12.5.4. Recent Developments and Strategies
12.6. Hitachi Automotive Systems, Ltd
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Application
12.6.3. Revenue, Price, and Gross Margin (2016-2020)
12.6.4. Recent Developments and Strategies
12.7. Microchip Technology, Inc
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Application
12.7.3. Revenue, Price, and Gross Margin (2016-2020)
12.7.4. Recent Developments and Strategies
12.8. NXP Semiconductors N.V
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Application
12.8.3. Revenue, Price, and Gross Margin (2016-2020)
12.8.4. Recent Developments and Strategies
12.9. Texas Instruments Incorporated
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Application
12.9.3. Revenue, Price, and Gross Margin (2016-2020)
12.9.4. Recent Developments and Strategies
12.10. Valeo Inc
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Application
12.10.3. Revenue, Price, and Gross Margin (2016-2020)
12.10.4. Recent Developments and Strategies

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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