openPR Logo
Press release

Global Automotive Electronics Market Valuable Growth Prospects and Insights on Future Scenario

04-26-2018 12:15 PM CET | IT, New Media & Software

Press release from: Market Research Reports Search Engine - MRRSE

MRRSE

MRRSE

Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Automotive Electronics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022” offers a detailed analysis of the market providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the global Automotive Electronics Market have been elaborated upon in the research report.

To Get Sample Report Click Here @ https://www.mrrse.com/sample/3739

The global automotive electronics market is a competitive one with the presence of a multitude of established players, and the influx of new participants is likely to intensify the competition. Existing players are pouring money into research and development to introduce newer products that will help them sustain the competition.

Majorly fuelling the global automotive electronics market are rising safety considerations, demand for high-end electronics for navigation, information, and entertainment, and the rising popularity of electric and hybrid vehicles due to environmental considerations.

As per a report by Transparency Market Research, the global automotive electronics market will likely clock a CAGR of 7.4% for the forecast period between 2017 and 2022. At this rate, the market which is estimated to be worth US$3,530.7 mn in 2017 will further rise to be valued at US$5,048.9 mn by 2022-end. 

Mid-sized Passenger Car Vehicle Type to Remain Attractive though 2022

The worldwide market for automotive electronics has been studied on the basis of a few parameters in this report. By vehicle type, the segments into which the automotive electronics market could be divided are compact passenger cars, mid-sized passenger cars, luxury passenger cars, light commercial vehicles, premium passenger cars, and heavy commercial vehicles.

Amongst all, mid-sized passenger car represents the leading segment vis-à-vis revenue. The mid-sized passenger car segment is expected to be worth US$923.3 mn in 2017 to represent 26.2% of the market in the same year. Progressing at a CAGR of 6.8% between 2017 and 2022, the segment is likely to represent 25.4% of the market by 2022 to account for a revenue contribution of US$1,282.3 mn by the end of the forecast period. The mid-sized passenger car vehicle segment is predicted to exhibit year on year absolute growth of US$71.8 mn over the course of the forecast period, which is larger amongst all vehicle type segments

Sales channel segments of the global automotive electronics market include OEM and aftermarket. According to application classification, advanced driver assistance systems, body electronics, entertainment, powertrain, and safety systems are the segments that divide the automotive electronics market in this report.

According to application classification, advanced driver assistance systems, body electronics, entertainment, powertrain, and safety systems are the segments into which the worldwide automotive electronics market is divided in this report.

Read Comprehensive Overview of Report @ https://www.mrrse.com/automotive-electronics-market

Economic Recovery Boosts Europe Automotive Electronics Market

Geography-wise, the report takes stock of potential of the worldwide automotive electronics market in the regions of North America, Latin America, Asia Pacific except Japan, Japan, Europe, and the Middle East and Africa. Europe, among all, is expected to lead the overall market in terms of revenue in 2017, and the trend is anticipated to continue over the forecast period. The Europe automotive electronics market is predicted to be worth US$1,265.8 mn by 2022-end expanding at 6.5% CAGR between 2017 and 2022.

North America is a key market for automotive electronics. The region is projected to display the leading 8% CAGR between 2017 and 2022 to attain a value of US$1,159.3 mn by the end of the forecast period.

Asia Pacific except Japan is anticipated to rise at a CAGR of 7.6% over the forecast period to become worth US$1,256.8 mn by 2022 end.

The country of Japan is anticipated to be worth US$259.1 mn by 2022. On the other hand, the Middle East and Africa automotive electronics market is expected to contribute a meagre 9.8% revenue to the overall market by the end of 2017. Going ahead, the region is anticipated to lose 10 basis point (BPS) in its market share between 2017 and 2022.

Prominent participants in the global automotive electronics market include Infineon Technologies AG, ON Semiconductor Corp., ST Microelectronics N.V., Maxim Integrated Products Inc., NXP Semiconductor NV, OMRON Corporation, Robert Bosch GmbH, Hitachi Ltd., ZF Friedrichshafen AG, Texas Instruments Inc., ON Semiconductor Corp., and N.V.

About (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords. 

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us                            

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Automotive Electronics Market Valuable Growth Prospects and Insights on Future Scenario here

News-ID: 1031523 • Views:

More Releases from Market Research Reports Search Engine - MRRSE

Global Video Event Data Recorder Market: Industry Analysis and Opportunity Assessment, 2016-2026
Global Video Event Data Recorder Market: Industry Analysis and Opportunity Asses …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Video Event Data Recorder Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. To Get Sample Report @ https://www.mrrse.com/sample/2941 The global video event data recorder (VEDR)
Global Octabin Market key Insights Based On Product Type, End-use and Regional Demand Till 2026
Global Octabin Market key Insights Based On Product Type, End-use and Regional D …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Octabin Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Get Sample Report with More Info @ https://www.mrrse.com/sample/16143 Packaging solutions for bulk cargo are gaining fast
Global Ion Beam Technology Market Examines Latest Trends and Key Drivers Supporting Growth through 2025
Global Ion Beam Technology Market Examines Latest Trends and Key Drivers Support …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled“Global Ion Beam Technology Market”to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Click here – Request Sample Report @ https://www.mrrse.com/sample/3126 Application of ion beam was rarely found
Cash- in Transit Bags Market 2025 | Global Key Players: TruSeal (Pty) Ltd, Harcor Security Seals Pty Ltd, Adsure Packaging Ltd, ITW Envopak Limited, ProAmpac Holdings, LLC, Dynaflex Pvt. Ltd, KOROZO Ambalaj San.ve Tic A.S
Cash- in Transit Bags Market 2025 | Global Key Players: TruSeal (Pty) Ltd, Harco …
This report on the Global Cash-in Transit Bags Market provides analysis for the period 2015–2025, wherein 2016 is the base year and the period from 2017 to 2025 is the forecast period. Data for 2015 has been included as historical information. The report covers market dynamics including drivers, restraints, opportunities, trends, and policies and regulations which are expected to influence the cash-in transit bags market growth during the said period.

All 5 Releases


More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and