Press release
Automotive Electronics Market 2018 Key Players: Continental, Denso, Delphi, Infineon Technologies AG, Panasonic, Dow Corning, Altera, Audiovox, Avago Technologies, Bosch, Hitachi Automotive Systems, Texas Instruments, TRW, Wipro, Atmel
Automotive Electronics Market
Global Automotive Electronics Market is estimated to exceed USD 390 billion by 2024; according to a new research report by Global Market Insights, Inc. Shifting consumer preference towards vehicles with safety equipment including map-supported front lighting, collision warning, and speed alert will drive automotive electronics demand. Benefits including low speed collision avoidance system, emergency call system and alcohol ignition interlocks will fuel product penetration.
Continued penetration of advanced technology into nearly all the automobile main systems is expected to drive the industry growth. For instance, in Europe more than 40% of the on-board devices in the entire car is based on electronic and the percentage is likely to rise with the improvement in existing regulations & norms governing the automotive electrical components market.
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In addition, the U.S. New Car Assessment Program (NCAP) has mandated lane departure warning systems and emergency braking systems to guarantee a five-star rating for passenger cars. This will propel the automobile microelectronics demand.
ADAS will be worth over USD 60 billion by 2024. Strict safety norms are among the major contributing factor for ADAS penetration in cars' active security systems. Assured road safety along with offering comfort driving will facilitate demand.
Top Key Players:-
The key players of 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, TRW and Wipro.
Regional Segmentations:-
North America automotive electronics market is anticipated to witness an increase in overall growth of 8.5% up to 2024. Safety systems and powertrain are among the major contributing applications. Increasing technological development coupled with growing concern over safety and security in vehicles has positively influenced demand.
Asia Pacific generated over USD 90 billion in 2016, shift of automobile electrical component manufacturer production unit to Asia owing to the availability of lesser cost equipment and labor. Need to meet international regulatory standards in order to promote export will facilitate industry growth.
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Major Points of Table Of Content:-
3 Automotive Electronics Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013- 2024
3.3 Industry ecosystem analysis
3.3.1 Component suppliers
3.3.2 Manufacturers
3.3.3 Profit margin trends
3.3.4 Distribution channel analysis
3.3.4.1 B2B
3.3.4.2 Aftermarket
3.3.5 Applications
3.3.6 Vendor matrix
3.4 Technology landscape
3.4.1 Electronics for infotainment/navigation/multimedia:
3.4.2 Energy efficient product and data security:
3.4.3 Autonomous car and M2M communication:
3.5 Regulatory landscape
3.5.1 The Automotive Electronics Council (AEC)
3.5.2 ISO 26262
3.5.3 North America
3.5.4 Europe
3.5.4.1 ECE Regulation
3.5.4.2 Registration, evaluation, authorization, and restriction (REACH)
3.5.5 Asia Pacific
3.5.5.1 China
3.5.6 Latin America
3.5.6.1 Brazil
3.5.6.2 Mexico
3.5.7 MEA
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 North America
3.6.1.1.1 Regular innovations resulting in rising investments
3.6.1.2 Europe
3.6.1.2.1 Favorable government norms
3.6.1.3 Asia Pacific
3.6.1.3.1 Increasing penetration of electric and hybrid vehicles
3.6.1.4 Latin America
3.6.1.4.1 Recovering economy supporting automotive industry
3.6.1.5 MEA
3.6.1.5.1 Increased demand for high-end vehicles
3.6.2 Industry pitfalls & challenges
3.6.2.1 Data security threats
3.6.2.2 Increasing e-waste and supply chain challenges
3.7 Global automotive industry landscape
3.8 Growth potential analysis, 2016
3.9 Automotive electronics company market share analysis,2016
3.9.1 Strategy dashboard
3.10 Porter’s analysis
3.11 PESTEL analysis
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Increase in consumer spending on entertainment systems in vehicles including satellite radios, MP3 players and rear set entertainment system will fuel product demand. Surge in disposable income has boosted the growth for high-end and luxury car sectors, thereby contributing to the automobile electrical components market .
Related Report:
Automotive Electronics Control Unit (ECU) Market Size By Capacity (16-bit, 32-bit, 64-bit), By Vehicle Type (Passenger Cars, Utility Vehicles, Commercial Vehicles), By Mode (Autonomous Vehicles, Conventional Vehicles, Semi-autonomous Vehicles), By Propulsion Type (BEVs, Hybrid Vehicles, ICE Vehicles), By Application (ADAS & Safety, Body Control & Comfort, Infotainment & Communication, Powertrain), Industry Analysis Report, Regional Outlook (U.S, Canada, Germany, UK, France, Italy, Spain, Benelux, Poland, Sweden, Russia, China, India, Japan, South Korea, Taiwan, Thailand, Indonesia, Malaysia, Australia, Brazil, Mexico, Colombia, Argentina, South Africa), Growth Potential, Competitive Market Share & Forecast, 2018 - 2024
https://www.gminsights.com/industry-analysis/automotive-ECU-market-report
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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Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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