Automotive Electronics Market to Reach $ 334.80 Billion By 2022 | TRW Automotive, Continental AG, Denso, Johnson Controls, Robert Bosch GmbH and Delphi Automotive

A Research Study Titled, “Automotive Electronics Market by Application - Global Industry Analysis and Forecast to 2022” published by Crystal Market Research, states that the Automotive Electronics Market is projected to be around $334.80 billion by 2022.

Automotive Electronics - Competitive Insights:

Proceeded with invasion of electronics into the greater part of the primary systems in vehicles is relied upon to drive market development. Automakers are anticipated to increase the implementation of savvy electronics which makes their vehicles environment-friendly and safe to drive. Major players in the market are TRW Automotive, Continental AG, Denso, Johnson Controls, Robert Bosch GmbH and Delphi Automotive. The aggressive nature of the business has offered ascend to an accentuation on setting up vital organizations together with channel accomplices. Telematics highlights give chances to tie-ins with insurers including discount offers for clients who drive securely. OEMs, for example, Mercedes are concentrating on gathering vehicle and customer information, which is a bundle of client administrations covering financing, servicing, and vehicle obtaining alongside short-term rentals accessible on various advanced stages.

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Automotive Electronics - Industry Outlook and Trend Analysis:

The Automotive Electronics Market was worth USD 150 billion in the year 2012 and is expected to reach approximately USD 334.80 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 7.49% during the forecast period. The progress towards cutting edge safety frameworks is relied upon to drive the global automotive electronics market throughout the following years. Alcohol ignition interlocks, emergency call systems, and accident data recorder systems are an example of developments where future request is relied upon to stimulate market development. The European Union is anticipated to command various applications within the following couple of years. Driver’s assistance systems and Low-speed collision avoidance systems are expected to be among the prevalent innovations. Coordination of map-enabled systems likewise gives various application alternatives prompting points of interest, for example, intelligent front lighting systems, lane departure systems and driver assistance systems empowered by united versatile front lighting. Security advances additionally incorporate speed alert, map-supported adaptive front lighting, usage data transmission and collision warning. Absence of awareness about the general comprehension of the interplay of subsystems and trouble of OEMs in keeping up and dealing with the procedure with implanted controllers that are produced by tier-1 providers is anticipated to challenge market development.

The global automotive electronics market is segmented as follows:

Automotive Electronics - By Application:

Infotainment
Safety Systems
ADAS
Powertrain
Body Electronics

Automotive Electronics - Application Outlook and Trend Analysis:

Major application sections incorporate powertrain, body electronics, safety, infotainment and ADAS. With a specific end goal to control the amount of fatalities coming about because of street mischances, administrative boards of many nations have made strides for consolidating security gadgets in vehicles. A portion of the fundamental gadgets used to guarantee the security of travelers incorporate on/off switches for air packs, backup sensing system, airbags, heads-up display, electrochromatic mirror/auto dimming mirrors, passenger sensing system, head restrictions, padded knee bolster, and energy-absorbing steering system. Providers, for example, Continental AG alongside OEMs are centered on giving cost-effective ADAS to the medium-sized and compact auto sections. The organization presented inexpensive ADAS systems, for example, lane departure warning system, traffic sign recognition and driver monitoring systems. New Car Assessment Program (NCAP) in districts, for example, China and Europe has been ordering Automatic Emergency Braking (AEB) and Lane Departure Warning (LDW) systems for huge scale implementation of dynamic security systems.

Automotive Electronics - By Region:

North America - U.S, Canada, Mexico

Europe - Germany, France, UK, Italy, Spain, Rest of Europe

Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific

Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others

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Automotive Electronics - Regional Outlook and Trend Analysis:

Asia Pacific is relied upon to keep representing most of the worldwide market throughout the following years. The administration in China has advanced C-NCAP's safety evaluations urging purchasers to see a five-star rating as a manual for vehicle's quality. The Department of Transportation in the United States has commanded equipment for safety, for example, a backup camera in every new vehicle, expanding vehicle costs by USD 200 for the new base models. The Department of Transportation additionally keeps up Federal Motor Vehicle Safety Standards and Regulations (FMVSS), which recommend crash-avoidance segments consequently lessening environmental contamination and gas utilization. Developing interest for more intuitive systems, for example, embedded vision systems able to do continuous picture tracking on real-time basis has picked up noticeable quality. There has been an expansion in implementation of green technologies attributable to stringent government controls prompting diminish in modular stages.

Automotive Electronics - List of Tables:

Table 1.Automotive Electronics Market, By Application ($Million), 2012-2022
Table 2.Safety & Security Systems Market, By Region ($Million), 2012-2022
Table 3.Entertainment Systems Market, By Region ($Million), 2012-2022
Table 4.Powertrain Electronics Market, By Region ($Million), 2012-2022
Table 5.Communication & Navigation Systems Market, By Region ($Million), 2012-2022
Table 6.Chassis Electronics Market, By Region ($Million), 2012-2022
Table 7.Automotive Electronics Market, By Region ($Million), 2012-2022
Table 8.North America Automotive Electronics Market, By Country, 2012-2022 ($Million)
Table 9.North America Automotive Electronics Market, By Application, 2012-2022 ($Million)
...

Automotive Electronics - List of Figures:

Figure 1.Automotive Electronics Market, By Application, 2012 & 2022 ($Million)
Figure 2.Automotive Electronics Market, By Region, 2016, ($Million)
Figure 3.Altera: Net Revenues, 2014-2016 ($Million)
Figure 4.Altera: Net Revenue Share, By Segment, 2016
Figure 5.Altera: Net Revenue Share, By Geography, 2016
Figure 6.Audiovox Corp.: Net Revenues, 2014-2016 ($Million)
...

Automotive Electronics - Research Methodology:

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Key Findings of the Automotive Electronics Market -

• Developed penetration towards hybrid vehicles (HEV) and electric vehicles (EV) is anticipated to increase the demand of the automotive electronics component. This is credited to reduced product cost related to emission controls and improved lithium-ion battery cooling capacities.

• Application portions incorporate infotainment, ADAS, safety, powertrain and body electronics. ADAS is relied upon to display high development throughout the following years. This development is owing to stringent security directions prompting the extensive scale appropriation of active security frameworks in modern cars.

• Expansion of in-car infotainment systems inferable from eco-comfort, efficiency and security factors is additionally evaluated to emphatically affect automotive electronics market development. Requirement for in-car information storage to help refined in-car highlights is anticipated to be the key development driver for the infotainment systems.

• In 2013 North America was the biggest regional market. Asia Pacific is anticipated to witness high development because of rising requirement for lessened generation cost, modified vehicle highlights, meet stringent principles and augmentation of product quality. Regions, for example, India and China are anticipated to positively impact local market development.

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