Automotive Electronics Market Outlook 2030 | Atmel Corporation, Autoliv Inc., Bosch Group, Broadcom, Inc., Continental AG, Delphi Technologies, Denso Corporation, Faurecia, Hitachi Automotive Systems, Ltd., Hyundai Mobis, Infineon Technologies, Lear Corpo

Automotive electronics market will generate a mammoth revenue of more than USD 400 billion by the end of 2024. Many of the automotive giants of today are installing advanced and high-performance infotainment systems to enhance efficacy of vehicles. For instance, recently, Renesas Electronics signed a deal with the renowned automaker, Toyota Motor Corporation to implement its automotive technology in Toyota's upcoming self-driving vehicles. This technology consists of the high-performance R-Car system-of-chip (SoC), used as the brain for advanced driver assistance systems and in-vehicle infotainment system of vehicles.

The deployment of such systems to maintain passenger and vehicle safety is thus slated to impel automotive electronics industry share. Over the coming years, the use of real-time operating systems and the development of next-generation visualization tools for automotive in-vehicle systems is likely to increase at an exponential rate. The surging awareness among people about the benefits of autonomous vehicles will thus help augment the utilization of electronic content in automobiles, thereby fueling automotive electronics market share.

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The recent advancements in digital technologies such as IoT and AR are expected to substantially enhance the performance of vehicles. In this regard, some of the tech giants are looking forward to implementing image sensors to improve functional safety features. Recently, the European Parliament announced that it may be planning to mandate the use of safety equipment for all newly manufactured cars. The safety equipment includes intelligent speed assistance, autonomous emergency braking (AEB), and seatbelt reminders. Currently, the autonomous emergency braking system is becoming more common among new cars pertaining to the growing awareness about the importance of road safety.

Of late, regional governments have been observed to be deploying stringent rules and regulation to curb environmental pollution, mainly caused due to the release of carbon content into environment. In 2012, the American National Standards Institute (ANSI) had released a standard roadmap to deploy electric vehicles and to implement changing infrastructure across the United States. In order to comply with regulatory norms, many automotive giants and start-up companies have shifted their focus toward the development of electric vehicles. In this regard, to fulfill the increasing requirement of electronic content, most the players in automotive electronics market have been making heavy investments on the advancement of supply components.

The rising automation and digitalization in automobiles have had a considerably positively impact on automotive electronics market trends. Tech giants have been adopting tried-and-tested strategies of joint ventures and M&As to set renewed frontiers for profitability. In fact, recently, Intel and Mobileye have signed a collaboration to develop self-driving cars.

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Some Point from Table of Contents:

Chapter 4 Automotive Electronics Market, By Application
4.1 Key trends by application
4.2 ADAS
4.2.1 Market estimates and forecast, 2014 - 2030
4.2.2 Market estimates and forecast, by product, 2014 - 2030
4.2.2.1 Adaptive cruise control
4.2.2.2 Blind spot detection
4.2.2.3 Parking assistance
4.2.2.4 Automated emergency braking
4.2.2.5 Night vision
4.2.2.6 Lane Departure Warning
4.3 Body electronics
4.3.1 Market estimates and forecast, 2014 - 2030
4.4 Infotainment & communication
4.4.1 Market estimates and forecast, 2014 - 2030
4.4.2 Market estimates and forecast, by product, 2014 - 2030
4.4.2.1 Audio
4.4.2.2 Display
4.4.2.3 Navigation
4.4.2.4 Head-up display
4.4.2.5 Communication
4.5 Powertrain
4.5.1 Market estimates and forecast, 2014 - 2030
4.5.2 Market estimates and forecast, by product, 2014 - 2030
4.5.2.1 Engine controllers
4.5.2.2 Transmission drivetrain
4.5.2.3 Exhaust
4.5.2.4 xEV
4.6 Safety systems
4.6.1 Market estimates and forecast, 2014 - 2030

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