Expected Growth in Automotive Electronics Market From 2018-2026: Trend, Analysis By Manufacturers, Regions, Type And Application | Global Manufacturer are Bosch Group, Atmel Corporation, Delphi Automotive, Hitachi Automotive, Texas Instruments, Infineon T
Automotive electronics are specially-designed electronics intended for use in automobiles. Automotive electronics includes devices that have been designed and adapted for use in automobile applications such as telematics, ADAS, and infotainment systems among others. The applications of automotive electronics include vehicle and trailer tracking, wireless vehicle safety communications, emergency warning system, intelligent vehicle technologies, car-sharing technologies, satellite navigation, and road safety among others.
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The demand for automotive electronics has increased owing to increasing need for road safety, and growing demand for vehicles from emerging economies. Market players are developing autonomous vehicles, which further increases the demand for automotive electronics. The rising penetration of electric and hybrid vehicles has also resulted in the Automotive electronics market growth. There has been a significant growth in the demand for luxury, comfortable, and technologically advanced vehicles, thereby boosting the growth of the automotive electronics market. The introduction of stringent government regulations regarding vehicular safety and emissions further increases the demand for automotive electronics. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Automotive Electronics Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
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The Asia-Pacific Automotive electronics market generated the highest revenue in the market in 2017 owing to increasing disposable income and improved living standards in the region. The established automotive industry, and strict government regulations have resulted in increasing adoption of automotive electronics in the region.
Competitive Landscape and Key Vendors
The global automotive electronics market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
The leading companies profiled in the report include Bosch Group, Atmel Corporation, Delphi Automotive, Hitachi Automotive, Texas Instruments, Infineon Technologies, ZF Friedrichshafen AG, ON Semiconductor Corp., OMRON Corporation., and STMicroelectronics N.V.
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• Safety Systems
• Body Electronics
• Passenger Vehicles
• Commercial Vehicles
• North America
o Rest of Europe
o Rest of Asia-Pacific
• Latin America
o Rest of Latin America
Middle East and Africa.
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