Press release
Automotive Electronics Market Overview by Advance Technology, Future Outlook 2029
Global Automotive Electronics Market
Both on- and off-road vehicles, including trucks, tractors, forklifts, excavators, motorbikes, and hybrid and electric cars, use automotive electronics. To increase the effectiveness of the car, they are typically utilised in the operation of electronic fuel injection, driver assistance, and entertainment systems. For instance, electronic auto security locks improve security with remote-controlled locks and a central locking system, and anti-lock brake systems (ABS) stop vehicles from sliding down slopes. In addition, satellite-controlled traffic monitoring equipment and diagnostic instruments to ensure optimal fuel efficiency and preserve engine health are included in automotive electronics.
Through the integration of various safety equipment like airbags and lane management systems, automotive electronics components are employed in automobiles to improve performance and increase safety. Vehicle telematics systems, entertainment systems, and electronic fuel injection are just a few of the components that heavily rely on automotive electronics.
The need for automotive electronics components is anticipated to increase as hybrid electric vehicles (HEV) and electric vehicles (EV) become more widely used. Additionally, replacing mechanical parts with electronic parts, such as using electronic switches rather than relays, is another way that electronics can meet the diverse needs of the automotive industry while at the same time boosting reliability and lightening wire harnesses. Over the projection period, it is also anticipated that government laws to reduce traffic accidents and technological improvements connected to in-vehicle safety will increase demand.
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Global Automotive Electronics Market: Major Players
BYD Company
Denso
Delphi
Freescale
NXP Semiconductors
Bosch
STMicroelectronics
Continental
Global Automotive Electronics Market: By Types
Engine Electronics
Transmission Electronics
Chassis Electronics
Others
Global Automotive Electronics Market: By Applications
Advanced Driver Assistance Systems
Body Electronics
Entertainment
Powertrain
Safety Systems
Global Automotive Electronics Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Automotive Electronics market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Questions Answered in This Report
1. What was the size of the global automotive electronics market?
2. What is the expected growth rate of the global automotive electronics market during 2023-2028?
4. What are the key factors driving the global automotive electronics market?
5. What is the breakup of the global automotive electronics market based on the vehicle type?
6. What is the breakup of the global automotive electronics market based on the distribution channel?
7. What is the breakup of the global automotive electronics market based on the application?
8. What are the key regions in the global automotive electronics market?
9. Who are the key players/companies in the global automotive electronics market
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