Top Factors Driving the ‘Automotive Electronics Market’ | A comprehensive study on Key Players: ZF Group, Valeo, Lear Corporation, Texas Instruments,
The “Global Automotive Electronics Market is anticipated to reach around USD 490.6 billion by 2026” according to a new research published by Polaris Market Research. In 2017, the passenger vehicles dominated the global market, in terms of revenue. In 2017, Asia-Pacific accounted for the majority share in the global Automotive Electronics market.
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The increasing demand for passenger cars, and growing penetration of electric and hybrid vehicles majorly drives the market growth. The growing need to improve road safety, and introduction of stringent regulations to enhance vehicular safety and control emissions has accelerated the growth of the automotive electronics market.
The development of autonomous vehicles along with growing demand for luxury and comfortable driving experience supports the growth of the market. Other factors driving the market growth include growing disposable income, technological advancements, and changing lifestyles. New emerging markets, and emerging consumer demographics would provide growth opportunities for automotive electronics market in the coming years.
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Regional Analysis: -
• The introduction of stringent government regulations regarding vehicular safety and growing penetration of electric and hybrid vehicles accelerates the adoption of automotive electronics in the region.
• The strong growth in the automotive industry, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region.
• The economic growth in countries such as China, Japan, and India, rising living standards and growing disposable income further increases the demand of automobiles in the region. Expansion of global players into these countries to tap market potential boosts the market growth.
The global Automotive Electronics market is segmented on the basis of application, vehicle type, sales channel, and geography.
Based on application, the market is segmented into Powertrain, ADAS, Safety Systems, Infotainment, Body Electronics, and others.
The sales channel segment is categorized into OEM, and aftermarket. OEM accounted for the dominant share in the global automotive electronics market in 2017.
The vehicle types in the global automotive electronics market include passenger vehicles, and commercial vehicles.
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The well-known 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. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Table of Contents
1.Overview and Scope
• Research goal & scope
• Research assumptions
• Research Methodology
• Primary data sources
• Secondary data sources
• Key take-away
2. Executive Summary
o Market Definition
o Market Segmentation
3. Automotive Electronics Market Insights
1. Automotive Electronics – Industry snapshot
2. Automotive Electronics - Ecosystem analysis
3. Automotive Electronics Market Dynamics
4. Automotive Electronics – Market Forces
5. Automotive Electronics Market Driver Analysis
6. Automotive Electronics Market Restraint/Challenges analysis
7. Automotive Electronics Market Opportunity Analysis
8. Industry analysis - Porter's five force
9. Bargaining power of supplier
10. Bargaining power of buyer
11. Threat of substitute
12. Threat of new entrant
13. Degree of competition
14. Automotive Electronics Market PEST Analysis, 2016
15. Automotive Electronics Market Value Chain Analysis
16. Automotive Electronics Industry Trends
17. Competitive Ranking Analysis
About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
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