2020 Motor Vehicle Electrical and Electronic Equipment Market Industry Trends And Emerging Opportunities, Top Key Players by 2023

The Business Research Company offers " Motor Vehicle Electrical And Electronic Equipment Global Market Report 2020 " in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global motor vehicle electrical and electronic equipment manufacturing market reached a value of nearly $48.2 billion in 2019, having grown at a compound annual growth rate (CAGR) of 8.72% since 2015, and is expected to grow at a CAGR of 10.05% to nearly $70.7 billion by 2023.

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The motor vehicle electrical and electronic equipment market consists of sales of motor vehicle electrical and electronic equipment and related services used for motor vehicles including cars, buses, motorcycles, off-road vehicles, light trucks, and regular trucks. The electrical and electronic components of motor vehicles include battery, starter and alternator, fans, electric cooling, windshield washer pump, and windshield wiper systems. It also includes equipment that are electrically operated systems built into vehicles such as fuel injection systems, airbags, and advanced driver assistance systems.

The motor vehicle electrical and electronic equipment market is driven by the increase in the demand for safer vehicles installed with electrical and electronic safety equipment to minimize the risk of road accidents. The rise in the number of accidents is a result of reckless driving, over speeding, decline to follow traffic rules, and drunken driving. Electrical and electronic systems such as anti-lock braking systems (ABS) increases the safety of the vehicle by preventing wheels from locking up during a fast braking process. According to the report by WHO in 2018, approximately 1.35 million people die each year as a result of road traffic crashes. In order to lower the risk of such accidents, the United States under the provisions of Federal Motor Vehicle Safety Standard (FMVSS 126), mandated ABS in all passenger cars sold in the U.S. In 2017, the Ministry of Road Transport & Highways (MoRTH) India mandates ABS in all cars sold from 2019.

Motor Vehicle Electrical And Electronic Equipment Market Segmentation: -
By Product Type
Lighting Equipment
Automatic Voltage And Voltage-Current Regulators
Insulated Ignition Wiring Sets
Generators For Internal Combustion Engines
Spark Plugs For Internal Combustion
Others

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Few Points From Table Of Content
1. Executive Summary
2. Motor Vehicle Electrical And Electronic Equipment Market Characteristics
3. Motor Vehicle Electrical And Electronic Equipment Market Size And Growth
4. Motor Vehicle Electrical And Electronic Equipment Market Segmentation
5. Motor Vehicle Electrical And Electronic Equipment Market Regional And Country Analysis
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25. Motor Vehicle Electrical And Electronic Equipment Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Motor Vehicle Electrical And Electronic Equipment Market
27. Motor Vehicle Electrical And Electronic Equipment Market Trends And Strategies
28. Motor Vehicle Electrical And Electronic Equipment Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the Motor Vehicle Electrical And Electronic Equipment Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Motor Vehicle Electrical And Electronic Equipment Market are Bosch, General Motors Corp., Tennaco, DENSO Manufacturing Tennessee, Delphi Corp, Hyundai, Hella, Technitrol Delaware Inc, Ford Motor Co.and Technitrol Delaware Inc.

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