Press release
Global Automotive Electronics Market Forecasts by Key Players: Altera Corporation, Broadcom, Bosch Group, Continental AG, Delphi Automotive, Denso Corporation, Dow Corning, Hitachi Automotive Systems, Infineon Technologies AG, Panasonic, ZF Friedrichshafe
Global Automotive Electronics Market in entertainment application is anticipated to generate over USD 80 billion business by 2024. Increase in consumer spending on entertainment systems including MP3 players, rear set entertainment, navigational services, satellite radios and several communication functions will contribute the automotive electronics market growth.
Based on application, ADAS is expected to surpass USD 60 billion in revenue by 2024. Strict safety regulations and technological advancement will lead to ADAS adoption in vehicle’s active security system. Road safety assurance coupled with comfort driving will propel the automotive electronics market growth.
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Top Key Players:-
The key players of global Automotive Electronics Market are Altera Corporation, American Axle & Manufacturing, Atmel Corporation, Voxx International Corporation, Broadcom, Bosch Group, Continental AG, Delphi Automotive, Denso Corporation, Dow Corning, Hitachi Automotive Systems, Infineon Technologies AG, Panasonic, Texas Instruments, Wipro, and ZF Friedrichshafen AG.
Regional Segmentations:-
On the basis of region, Automotive Electronics Market Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Czech Republic, Poland, Slovakia, Spain, Turkey, China, India, Japan, South Korea, Thailand, Australia, Malaysia, Philippines, Taiwan, Vietnam, Indonesia, Brazil, Mexico, Argentina, Iran, South Africa, Egypt), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
North America is anticipated to witness an upsurge in overall growth of over 8.5% up to 2024. Technological development along with increasing concern over safety & security in vehicles will drive demand. In addition, New Car Assessment Program (NCAP) in the U.S. has delegated lane departure cautioning systems and emergency braking systems to assure a five-star evaluation for passenger cars, thereby fueling the automotive electronics market growth.
Automotive electronics market in APAC generated more than USD 85 billion in 2016. Sifting vehicle electrical constituent manufacturer production unit to Asia, availability of lesser cost equipment and labor. Necessity to meet international governing standards to promote export will positively impact industry growth.
Major Points of Table Of Content:-
1. Methodology and Scope
2. Executive Summary
3. Automotive Electronics Industry Insights
4. Automotive Electronics Market, By Application
5. Automotive Electronics Market, By Region
6. Company Profiles
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The report for Global Automotive Electronics Market of Global Market Insights comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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