Automotive Electronics Market - Driving Factors and Trends of the Industry | Top Key Players are Continental AG, Delphi Technologies, VALEO, ZF Friedrichshafen AG, Bosch, Broadcom and Lear Corporation

Global Market Insights, Inc. has added a new report on Automotive Electronics Market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of market in tandem with its competitive terrain.

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.

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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.

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

Prominent players present in the automotive electronics market comprise: Bosch Group, Magna International, Continental AG, Hyundai Mobis, Hitachi Automotive Systems, Delphi Automotive, Lear Corporation, ZF Friedrichshafen AG, Texas Instruments, Faurecia, etc. Continuous product innovations by investing in R&D activities aid the companies to sustain a high automotive electronics market competition.

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Major table of Content:-
Chapter 3. Automotive electronics Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. Automotive industry landscape
3.2.1.1. Automotive production statistics, 2013 – 2024
3.2.1.1.1. Passenger cars
3.2.1.1.1.1. North America
3.2.1.1.1.2. Europe
3.2.1.1.1.3. Asia Pacific
3.2.1.1.1.4. South America
3.2.1.1.1.5. MEA
3.2.1.1.2. Commercial vehicles
3.2.1.1.2.1. North America
3.2.1.1.2.2. Europe
3.2.1.1.2.3. Asia Pacific
3.2.1.1.2.4. South America
3.2.1.1.2.5. MEA
3.2.1.2. Cost breakdown analysis
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Manufacturers
3.3.3. Technology providers
3.3.4. Service providers
3.3.5. System Integrators
3.3.6. Distribution channel analysis
3.3.7. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. Software standardization & in-vehicle networks
3.4.2. Impact of industry 4.0
3.4.3. Development in unmanned technology
3.4.4. Connected vehicles
3.4.5. Disruptive/future trends
3.5. Regulatory landscape
3.5.1. International Standards
3.5.1.1. ISO 26262
3.5.1.2. IEC 60068
3.5.1.3. IEC 61508
3.5.1.4. MISRA C
3.5.2. North America
3.5.2.1. Corporate Average Fuel Economy (CAFE) standards
3.5.2.2. Federal Motor Vehicle Safety Standard 108
3.5.3. Europe
3.5.3.1. EOBD standard
3.5.3.2. Emission Controls Standards
3.5.3.3. Eco-innovations and Law (EC) No. 443/2009
3.5.4. Asia Pacific
3.5.4.1. CCC mark
3.5.4.2. Bharat Stage emission standards
3.5.4.3. Australian design rules
3.5.5. Latin America
3.5.5.1. NR Law No. 8723
3.5.6. MEA
3.5.6.1. SAQA 376640
3.5.6.2. Article NO 95, Federal Traffic Act
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Increasing demand for safety and comfort features in vehicles
3.6.1.2. Stringent regulatory framework in North America and Europe
3.6.1.3. Increasing sales of electric vehicles in China
3.6.1.4. Rapid development of unmanned driving technology in Europe
3.6.1.5. Flourishing automobile production in Mexico
3.6.1.6. Growing vehicle production activities in South Africa
3.6.1.7. Proliferation of component manufacturers in Asia Pacific
3.6.2. Industry pitfalls & challenges
3.6.2.1. High prices of the ADAS
3.6.2.2. Declining automotive production in the U.S.
3.6.2.3. Increasing automobile system complexities
3.7. Growth potential analysis
3.8. Porter's analysis
3.9. Competitive landscape, 2017
3.9.1. Company market share analysis
3.10. PESTEL analysis

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.

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.

The key companies adopt partnerships, collaborations, and dealership strategies to address varied demands from leading OEMs. For instance, in March 2018, Magna International announced its partnership with Lyft for developing self-driving cars. The deal includes USD 200 million investment in the company Lyft.

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