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Automotive Electronic Device Market Size, status and Precise Outlook- Antex, Philips, Sanyo, Delphi, Yamaha, Denon, Sony

12-27-2021 09:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Insights Reports

Automotive Electronic Device Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

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Automotive Electronic Device Market size exceeded USD 240 billion in 2020 and is estimated to grow at over 6% CAGR between 2021 and 2027.

Markets Segmentation:

Top leading Companies Profiled in Automotive Electronic Device Market Report are Antex, Philips, Sanyo, Delphi, Yamaha, Denon, Sony

News and Updates

Toshiba Launches 5A 2ch H-Bridge Motor Drivers for Automotive Applications- The number of H-bridge motor drivers used in the electronic throttles and various valves of automobiles, is on the rise, stimulating demand for system miniaturization and cost reduction. In addition, On-Board Diagnostic II (OBDII), the second generation of on-board self-diagnostic equipment requirements, will become mandatory in 2022, requiring automotive motor driver ICs to have SPI communication functions.

Mouser Announces ROHM Automotive Devices Solution Page, Offering Convenient Resource for Automotive Design- Mouser Electronics, Inc., the industry's leading New Product Introduction (NPI) distributor with the widest selection of semiconductors and electronic components, is pleased to offer customers a new page dedicated to the extensive lineup of automotive solutions from ROHM Semiconductor. ROHM's comprehensive, stable selection of products supports the increased implementation of computerization and connectivity in next-generation vehicles. The application-specific Automotive Devices page provides a convenient resource for quickly choosing the best ROHM product for a variety of automotive design projects.

KYOCERA Launches 0.5mm-Pitch 5652 Series Electronic Connectors for Automotive Applications- Kyocera Corporation has introduced a new 0.5mm-pitch floating board-to-board connector series (F/P*1 = 170%) for high-speed 16Gbps data transmission. Sold under the 5652 Series designation, the new connectors can float within ±0.85mm for easy and accurate mating. They are available now.

Market Overview

Automotive electronics are used in vehicles to enhance the performance of different electronic parts that are used for improving the vehicle efficiency and running entertainment devices. There are various components, such as carputers, engine management, ignition, radio, telematics, and in-car entertainment systems, which directly or indirectly depend on the electronic systems in automobiles. Automotive electronics are majorly used for electronic fuel injection, advanced driver assistance, airbag, and infotainment. This influences the efficiency of the vehicle systems.

Governments from several nations around the globe are initiating new schemes and funding activities to accelerate the adoption of electric vehicles and reduce CO2 emissions in the country. For example, in May 2020, the Government of France announced its incentive of USD 13,150 to buy electric vehicles. The new incentive plan is to reduce the price of battery electric vehicles by 40% and thereby fueling their adoption. These initiatives will further positively influence the automakers to accelerate their production of new EV models.

Asia Pacific and Latin America are predicted to majorly contribute to the global automotive device market on the back of substantial sales in the automobile sector. The densely populated emerging economies in the two regions are predicted to fillip demand due to a fast expanding urban population with a means to splurge of premium products. Regulatory policies too are expected to drive growth in the market. The government of China, for example, has encouraged C-NCAP’s safety appraisal encouraging buyers to see a five-star rating as a benchmark to a vehicle’s quality.

An automated car control system gives the driver control over multiple devices while driving without diverting attention thus ensuring safety. For instance, in BMW cars, a feature known as iDrive which includes a knob and screen which controls much of the audio system, navigation along with the HVAC systems is installed which does not require much attention of the driver to operate it apart from focusing on roads. Rising number of automobiles owned per family worldwide results in traffic congestion issues along with crowded freeways and highways and is expected to augment demand for electronic devices in the next seven years.

Market Segmented By Types

Control Devices

Entertainment Systems

GPS Systems

Video Devices

Others

Market Segmented By Applications

Passenger Cars

Commercial Vehicles

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Automotive Electronic Device Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Automotive Electronic Device market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Automotive Electronic Device market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Automotive Electronic Device

Buy Now This Report at

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In conclusion, the Automotive Electronic Device market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Automotive Electronic Device Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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