openPR Logo
Press release

The Global Automotive Electronics Market Size is anticipated to exceed US$ 388.6 Billion by 2028, By Skyquest Technology

09-09-2022 12:28 PM CET | Tourism, Cars, Traffic

Press release from: SkyQuest Technology

The Global Automotive Electronics Market Size is anticipated

The Global Automotive Electronics Market is driven by growing efforts to implement pollution control measures by the government and regulatory organizations. Growing safety concerns, which are driving demand for active safety systems, and rising interest in cutting-edge entertainment systems in cars are the primary drivers for the automotive electronics sector. Opportunities for new industry entrants will arise as demand for more entertainment-equipped, fuel-efficient cars increases. As the degree of autonomy rises and software makers place a greater emphasis on quality and security, there will be a greater need for electronics in vehicles. Automobile electronics aid users in protecting software and data. The automotive industry is transitioning away from hardware-driven vehicles and toward software-driven vehicles.

The growing demand for automated vehicles, electric vehicles, and cutting-edge automotive technologies is also anticipated to boost market expansion. Some of the prominent technologically cutting-edge features that are anticipated to propel market expansion throughout the forecast period include alcohol ignition interlocks, accident data recorder systems, and emergency call systems.

Get Detailed Information Here: https://skyquestt.com/report/automotive-electronics-market

Additionally, these features follow government laws and policies and are considered to make it possible for the adoption of autonomous vehicles. The electronic operations in these vehicles are controlled by ECUs and sensors, which raises the need for these parts.

Read market research report, "Global Automotive Electronics Market By Component (Electronic Control Unit, Sensors, Current Carrying Devices, and Others), By Vehicle Type (Passenger Cars, Commercial Vehicles, and Others) & By Region - Forecast and Analysis 2022-2028" by SkyQuest

Global Automotive Electronics Market segmentation is done on the basis of Vehicle Type such as Commercial Vehicle, Passenger Car, and other. Among these, Passenger car segment produced the most income in 2019 and is anticipated to continue to do so throughout the projected period. Microcontrollers have the highest revenue per component in 2019 and are predicted to dominate the category by 2026. The end use category of infotainment generated the most revenue in 2019 and is predicted to remain in the top position throughout the forecast period.

Among the regions, the Automotive Electronics market share is anticipated to be dominated by Asia Pacific. China, South Korea, and Japan are the three countries that lead the Asia-Pacific automotive electronics industry. The growth of the Asia-Pacific market can be linked to Japan, South Korea, and China's high levels of vehicle production and increased use of contemporary electronics.

Click Here to Download and Understand Latest Key Trends: https://skyquestt.com/sample-request/automotive-electronics-market

The need for automotive electronics in APAC has also increased due to rising luxury and hybrid vehicle sales, the implementation of new safety standards and autonomous technology legislation, and other factors. Particularly in North America and Europe, there has been an increase in demand for interactive systems, such as embedded vision systems, which are capable of real-time image tracking.

The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

What does this Report Deliver?
Market Estimation for 20+ Countries
Automotive Electronics Market demand by Region, Sub-Region, and Country
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures
Global, Regional and Country specific Automotive Electronics Market Trends
Comprehensive Mapping of Automotive Electronics Industry Parameters
Attractive Investment Proposition in the Global Automotive Electronics Industry
Competitive Strategies Adopted by Automotive Electronics Market Key Players
Drivers, Restraints, Opportunities, Challenges and the impact on the Automotive Electronics Market Size
Market growth rate till 2028
Regulatory scenario, regional dynamics, and Automotive Electronics market insights of leading countries in each region
In-depth Market insights by Region and Country
Market Segmentation Trend Analysis, Opportunities and Growth
Porter's five force analysis to know the market's condition
Pricing Analysis and Automotive Electronics Market Sales
Parent market analysis
Product portfolio benchmarking

Speak with our analyst for more information: https://skyquestt.com/speak-with-analyst/automotive-electronics-market

SkyQuest has segmented the Global Automotive Electronics Market based on Component, Vehicle Type, and Region:
Global Automotive Electronics Market by Component (Revenue, US$ billion, 2021 - 2028)
Electronic Control Unit
Sensors
Current Carrying Devices
Other
Global Automotive Electronics Market by Vehicle Type (Revenue, US$ billion, 2021 - 2028)
Passenger Cars
Commercial Vehicles
Others
Global Automotive Electronics Market By Region (Revenue, US$ billion, 2021 - 2028)
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Central & South America
Brazil
Rest of CSA
Middle East & Africa
GCC Countries
South Africa
Rest of MEA

Our Stories on other channels:
Global Industrial Racking Systems Market: https://www.whatech.com/og/markets-research/industrial/729338-the-global-industrial-racking-systems-market-described-in-a-new-report

Global Impulse Ice cream Market: https://www.digitaljournal.com/pr/global-impulse-ice-cream-market-to-reach-usd-xx-billion-by-2028/

Global Non-GMO Food Market: https://www.digitaljournal.com/pr/global-non-gmo-food-market-to-reach-usd-6-56-billion-by-2028/

Global Ammonium Nitrate Market: https://www.digitaljournal.com/pr/global-ammonium-nitrate-market-to-reach-usd-24-29-billion-by-2028/

About Us:
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.

Address:
1 Apache Way, Westford, Massachusetts 01886
Phone:
USA (+1) 617-230-0741
Email: sales@skyquestt.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Global Automotive Electronics Market Size is anticipated to exceed US$ 388.6 Billion by 2028, By Skyquest Technology here

News-ID: 2729761 • Views:

More Releases from SkyQuest Technology

Small Boats Market : Up-To-Date Analysis By 2028
Small Boats Market : Up-To-Date Analysis By 2028
Small Boats Market Report 2022 is an objective and in-depth study of the current state aimed at the major drivers, market strategies, and key players growth. The Small Boats study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a universal and local scale. The structured analysis contains graphical as well
Green Polymer Additive Market 2022 Disclosing Latest Trends And Advancement Outlook 2028
Green Polymer Additive Market 2022 Disclosing Latest Trends And Advancement Outl …
Green Polymer Additive Market report is the most suitable solution for the business requirements in many ways. The best tools have been adopted to generate this report which is SWOT analysis and Porter's Five Forces analysis. Nowadays, businesses are highly relying on the different segments covered in the market research report which presents better insights to drive the business into right direction. This market report is a complete overview of
Metal Injection Molding Market Report Revealing The Latest Trends And Advances From 2022 To 2027
Metal Injection Molding Market Report Revealing The Latest Trends And Advances F …
Metal Injection Molding Market Report 2022 is an objective and in-depth study of the current state aimed at the major drivers, market strategies, and key players growth. The Metal Injection Molding study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a universal and local scale. The structured analysis contains graphical
Tar Market 2022 Precise Outlook
Tar Market 2022 Precise Outlook
Tar Market report is the most suitable solution for the business requirements in many ways. The best tools have been adopted to generate this report which is SWOT analysis and Porter's Five Forces analysis. Nowadays, businesses are highly relying on the different segments covered in the market research report which presents better insights to drive the business into right direction. This market report is a complete overview of the market

All 5 Releases


More Releases for Electronic

Electronic Cigarettes
Electronic Cigarettes are also known as Vaping, which consist of different type of devices that allow the users to inhale an aerosol that might be nicotine, flavoring and other species. Electronic Cigarettes market is expected to mark significant growth over forecasted period owing to increasing technological advancements, change in lifestyle and consists of various flavours and fragrance. There has been significant rise in number of prevalence of adults using e-cigarettes
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
This report titled as Electronic Voting Machine Market gives a brief about the comprehensive research and an outline of its growth in the market globally. Electronic voting is voting that uses electronic means to either aid or take care of casting and counting votes. Depending on the particular implementation, e-voting may use standalone electronic voting machines or computers connected to the Internet. It may encompass a range of Internet services,
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
The Electronic Voting Machine Market requires the prevailing regions in the market during the forecast period. Evidence on the region leading the market are some of the facets that are highlighted under this section of the report. A voting machine is a machine used to register and tabulate votes. The first voting machines were mechanical but it is increasingly more common to use electronic voting machines. Traditionally, a voting machine
Electronic Wrapper Market Segmented By loading types semi-automatic electronic w …
A Revolutionary Product for the Packaging Industry The electronic wrapper has been a revolutionizing product in the packaging industry. Electronic wrappers are easy to maintain and comfortable for size changes. The steel built electronic wrappers enable easy access for maintenance and cleaning, thus, gaining a considerable customer base from the packaging industries mainly for food and consumer products. An electronic wrapper is an automated machine, which is programmed to perform a
Wearable Electronic Devices Market,Wearable Electronic Devices Industry, Global …
Latest industry research report on: Global Wearable Electronic Devices Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts This report studies the global Wearable Electronic Devices market status and forecast, categorizes the global Wearable Electronic Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other
Electronic Recycling Market - Increasing Consumption of Electronic Devices
In a report published recently, Transparency Market Research (TMR) provides insights into the growth drivers and restraints impacting the global electronic recycling market. The report is titled “Electronic Recycling Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019” and is available on the company website for sale. Based on the findings of the survey conducted, the report pegs the global market for electronic recycling market