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What’s driving the automotive electronics market trends ? | Top Key Players are Bosch, Broadcom, Continental AG, Delphi Technologies, VALEO, ZF Friedrichshafen AG, Lear Corporation

06-14-2019 11:31 AM CET | Logistics & Transport

Press release from: Global Market Insights Inc.

What’s driving the automotive electronics market trends ? |

Automotive Electronics Market is expected to reach over USD 400 billion by 2024. The innovations in vehicle architectures and systems that enable a high-end driving experience in OEMs will drive the automotive electronics market growth. These strategies include the implementation of luxury & comfort features, ADAS solutions, and support to the sustainable development initiatives across all industry verticals. To address such requirements, OEMs require efficient electronic systems, further creating a demand for products such as powertrain, infotainment, etc., in the automotive electronics market. Additionally, the electrification of vehicle architecture and engines in the electric and hybrid mobility further provides an impetus to the industry development. The growth is attributed to high manufacturing and consumption of EVs in China, North America, and Europe.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/183

The regional automakers are focusing on providing efficient mobility such as connected vehicles, driving assistance, and infotainment systems. Additionally, increasing regulatory policies from the European Commission are supporting the expansion of the regional automobile industry, contributing to automotive electronics market growth.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Aisin Seiki Co. Ltd.
2. Altera Corporation
3. Atmel Corporation
4. Autoliv Inc.
5. Bosch Group
6. Broadcom, Inc.
7. Continental AG
8. Delphi Technologies
9. Denso Corporation
10. Faurecia
11. Hitachi Automotive Systems, Ltd.
12. Hyundai Mobis
13. Infineon Technologies
14. Lear Corporation
15. Magna International Inc.
16. Panasonic Corporation
17. Texas Instruments Incorporated
18. VALEO
19. Voxx International Corporation
20. ZF Friedrichshafen AG

The Europe automotive electronics market is predicted to witness a high growth over the forecast timespan due to the increasing manufacturing of luxury & passenger cars by the leading OEMs. Due to the implementation of high-end systems in these vehicles, the countries including Germany, Italy, UK, etc., are witnessing a high demand for automotive electronics.

In the automotive electronics market, powertrain applications are gaining high popularity across all regions due to the development of efficient fuel and energy consumption systems. Automotive electronic system manufacturers are concentrating on providing systems that will improve engine control and transmission drivetrains to address the OEM requirements. Furthermore, the powertrain applications are highly in demand due to high production and consumption of battery & electric vehicles.

Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/183

In the automotive electronics market, commercial vehicles are gaining a high traction owing to technical advancements in vehicle lighting & engine management systems. Commercial vehicles developed for the transportation and logistics industry require high-capacity engine systems.

Leading automotive electronics market players such as Bosch Group, Continental AG, etc., have developed specific high-capacity compatible systems for commercial vehicles. For instance, in September 2017, Bosch Group announced the development of powertrain eAxle solution for commercial vehicles in partnership with Nikola Motor Company. Additionally, commercial vehicles are implementing efficient night vision and monitoring systems that aid drivers in night driving and unfavorable driving conditions.

Browse Full Reports: https://www.gminsights.com/industry-analysis/automotive-electronics-market

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

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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