Press release
Automotive Electronics Market worth Observing Strong Growth by 2026 Robert Bosch, Renesas Electronics Corporation, Infineon Technologies AG, STMicroelectronics N.V., Texas Instruments
Automotive Electronics Market
Leading Automotive Electronics Market Players:
Robert Bosch, Renesas Electronics Corporation, Infineon Technologies AG, STMicroelectronics N.V., Texas Instruments, NXP Semiconductors N.V., Continental AG, NVIDIA Corporation, Hitachi Ltd., Aptiv PLC.
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The adoption of various advanced electronic components such as sensors, actuators, processors, and microcontrollers has backed the shift of manual and conventional vehicle features & control towards autonomous functionalities. Further, various key players with innovative products has assisted the automotive electronic market growth.
Adoption of IoT and AI in the automobiles industry, the growth in consumer awareness and demand for safety features in the automobiles, vehicles equipped with automated driving, increase in demand for infotainment electronics drive the market of automotive electronics. On the other hand, slow adoption of automotive electronics in developing countries and also the increase in overall cost of end-product due to integration of automotive electronics hampers the market growth. Furthermore, the investment towards autonomous driving of vehicles in smart grids is expected to create lucrative opportunities in the automotive electronic market.
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The automotive electronics market is segmented on the basis of vehicle type, component, application, distribution channel, and region. By vehicle type, it is categorized as passenger cars, LCVs and HCVs. On the basis of component, it is categorized into sensors, actuators, processors, microcontrollers, and others. The application segment is divided into ADAS, infotainment, body electronics, safety system, power train and other. Distribution channel in the market is segmented as OEM and aftermarket. Based on region, the market is analyzed across North America, Europe, Asia Pacific and LAMEA.
Reason to Buy
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automotive Electronics Market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Automotive Electronics Market, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Table of Content:
Market Overview
Competition Analysis by Players
Company (Top Players) Profiles
Automotive Electronics Market Size by Type and Application
US Market Status and Outlook
EU Development Market Status and Outlook
Japan Market Development Status and Outlook
China Market Status and Outlook
India Automotive Electronics Market Status and Outlook
Southeast Asia Market Status and Outlook
Market Forecast by Region, Type, and Application
Market Dynamics
Market Effect Factor Analysis
Research Finding/ Conclusion
Appendix
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