openPR Logo
Press release

Automotive Electronics Market is expected to reach $ 415.73 billion by 2030 | Robert Bosch GmbH (Germany), OMRON Corporation (Japan), Hitachi Ltd. (Japan)

10-31-2022 10:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Furture

Automotive Electronics Market is expected to reach $ 415.73

Market Overview

The global Automotive Electronics Market is expected to reach $ 415.73 billion by 2030. During the forecasted period from 2022 to 2030, the market is expected to register a CAGR of 7.35%. The term 'Automotive Electronics' refers to the electronic systems used in automobiles to improve the efficiency of diverse electronic parts.

These electronic elements are commonly used in radio, engine management, in-vehicle entertainment systems, telematics, etc. The rapid advancement in technology has contributed to introducing new and improved automotive electronic components in automobiles. These systems can potentially transform the experience of car owners and people who travel by automobile.

Get Free Sample PDF Brochure @

The major Automotive Electronics Market Key Players are as follows:

Robert Bosch GmbH (Germany)
OMRON Corporation (Japan)
Infineon Technologies AG (Germany)
HGM Automotive Electronics (U.S.)
Hitachi, Ltd. (Japan)
Delta Electronics, Inc. (Taiwan)
Atotech (Germany)
ZF Friedrichshafen AG (U.S.)
Denso Corporation (Japan)
Koninklijke Philips N.V. (Netherlands)

The global Automotive Electronics Market has recently been showcasing exceptional performance owing to rising demand for innovative entertainment and active safety systems. As technology advances rapidly, automobiles gradually shift away from hardware-driven elements toward the software-driven path. During the forecasted period, the average number of electronic components and software programs is expected to increase, contributing to the strong performance of the Automotive Electronics Market.

Market Segments

The global Automotive Electronics Market can be segmented based on type, sales and application.

Based on type, the market can be further bifurcated into Advanced Driver Assistance Systems, Body Electronics, Entertainment, Powertrain, Safety Systems and Others. Based on the sales segment, the market can be further divided into Original Equipment Manufacturers (OEM) and Aftermarket.

Based on application, the global Automotive Electronics Market can be segmented into sub-categories like passenger cars, light commercial vehicles, heavy commercial vehicles, electric vehicles, and two-wheelers. During the forecasted period, the surge in demand for electric cars is expected to influence the growth trajectory of the market at the global level.

Request For Customization @

Regional Analysis

The global Automotive Electronics Market can be fragmented into several regional segments based on the market's area. The main regional segments of the market include Europe, North America, Asia Pacific, and the Rest of the world. The North American regional segment will lead globally during the forecasted period.

One of the key factors that will play an instrumental role in influencing the market performance of North America is the need to adhere to strict government laws and industry standards of vehicle safety. The Asia Pacific segment is also expected to play a key role in influencing market performance in the future. The major Asian nations that will help the segment thrive during the forecasted period include Japan, China and South Korea. The high production of vehicles in these nations is expected to act as a catalyst and influence the market performance in the regional segment.

Industry News

July 2022 - Robert Bosch GmbH, a key player operating in the global Automotive Electronics Market, has established a new sector board for the mobility solutions business sector. It is considered a major reorganization initiative that the company has taken to serve existing and new customers in the revolutionizing mobility sector. Such a step has been taken so the business can customize its technologies and leverage innovation to capitalize on opportunities in the transformed mobility domain.

Access Report Details @

Browse more report

Automotive Wiper System Market@

Batteries Market@

Bluetooth in Automotive Market@

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.


Market Research Future

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America


This release was published on openPR.

Permanent link to this press release:

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 Automotive Electronics Market is expected to reach $ 415.73 billion by 2030 | Robert Bosch GmbH (Germany), OMRON Corporation (Japan), Hitachi Ltd. (Japan) here

News-ID: 2784244 • Views: 463

More Releases from Market Research Furture

Location-Based Services Market Projected to Hit USD 318.54 Billion at a 23.12 % CAGR by 2030
Location-Based Services Market Projected to Hit USD 318.54 Billion at a 23.12 % …
Location-Based Services Market overview Location-based services market may reach USD 318.54 billion by 2030 with a CAGR of 23.12% during the forecast period of 2022-2030. The location-based service forms functionalities according to the preference of the customer by utilizing the location of the user location-based services. These are going to be utilized just to provide the essential services that are offered by the customer as these are available locally or within
Battery thermal management system market is estimated to grow at approximately 13.2% CAGR | LG Chem (South Korea), Continental AG (Germany), Gentherm (US)
Battery thermal management system market is estimated to grow at approximately 1 …
Market Scope The automotive battery thermal management system market is estimated to grow at approximately 13.2% CAGR during the forecast period 2030. The production of electric vehicles as a viable substitute to fuel-driven vehicles can contribute to the market demand. Performance of EVs and hybrid electric vehicles and lifespan of batteries can bode well for the market. BTMS can determine the acceleration of EVs and displays the battery health for optimum
Automotive Ignition coils Market Key Growth Factors, Revenue Analysis Till 2030 Denso Corporation, Beru, Delphi Technologies
Automotive Ignition coils Market Key Growth Factors, Revenue Analysis Till 2030 …
Market Overview Automotive Ignition coils are often used in vehicles that help to induce the engine coils. This further produces an electric spark that helps in the movement of the vehicle. They are majorly used for efficient and smooth functioning of the engine, and thus the productivity of the engine is also increased. The Automotive Ignition Coil Aftermarket stood at a global market value of $5.59 billion in 2018. With potential
Blind spot object detection system Market In-Depth Analysis , Emerging Trends and Forecast 2030 | Denso Corporation (Japan), Autoliv Inc (Sweden), Mercedes (Germany)
Blind spot object detection system Market In-Depth Analysis , Emerging Trends an …
The mounting concerns about car security and comfort are estimated to bolster the blind spot object detection system market 2020. The automotive technologies and services reports are produced by Market Research Future, which contains market alternatives for progress. A 17.5% CAGR is estimated to stimulate the market in the impending period. The change in demand for drivers to be alert to the presence of vehicles is estimated to strengthen the blind

All 5 Releases

More Releases for Automotive

KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%. Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected
Automotive Gearbox Market,Automotive Gearbox Industry, Global Automotive Gearbox …
Latest industry research report on: Global Automotive Gearbox Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts This industry study presents the global Automotive Gearbox market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Gearbox production, revenue and market share by manufacturers, key regions and type; The consumption of Automotive Gearbox in volume terms are also provided for major countries (or regions), and for each
Automotive Windscreen Sales Market – Analysis of Automotive Windscreen Sales G …
Automotive Windscreen Market report provides an in detail study of Manufactures in the market which is based on the various objectives associated with an organization such as Analysis, Market Share, Regional Market Performance, Product Specification, and the Company Introduction. The latest market intelligence study on Automotive Windscreen Sales market relies on statistics derived from the application of both primary and secondary research to present insights pertaining to the operational model, opportunities
Global Automotive Windshield Pumps Market 2018- SHW AG, TRW Automotive, Delphi A …
Apex Market Reports, recently published a detailed market research study focused on the "Global Automotive Windshield Pumps Market" across the global, regional and country level. The report provides 360° analysis of "Global Automotive Windshield Pumps Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the Global Automotive Windshield Pumps industry, and estimates the future
Automotive Steering System Market Players: Mitsubishi Electric, TRW Automotive H …
Automotive steering system market is expected to grow with the CAGR of about 6% from 2016 to 2022. Due to increasing demand for the driving comfort & fuel efficient vehicle as well as increasing vehicle production globally will drive the Automotive steering system market. Market Scenario Steering is the connection point between car and driver. It provides control and the feel of the road and plays a key role in the vehicle’s