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Automotive Electronic Manufacturing Services Market worth $242.82 billion by 2030, growing at a CAGR of 10.35% - Exclusive Report by 360iResearch
Automotive Electronic Manufacturing Services Market | 360iResearch
The Global Automotive Electronic Manufacturing Services Market to grow from USD 121.80 billion in 2023 to USD 242.82 billion by 2030, at a CAGR of 10.35%.
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Automotive electronic manufacturing services refer to a critical set of professional offerings provided by specialized companies that design, manufacture, test, and offer repair services for electronic elements and assemblies for original equipment manufacturers within the automotive industry. This spectrum of services enables automotive OEMs to leverage the advanced technological capabilities, manufacturing expertise, and scalability of EMS providers to produce complex electronic systems that are essential for modern vehicles. Rising consumer expectations for vehicle functionality and connectivity are leading to increased electronic elements in cars. In addition, stricter emissions and safety regulations worldwide are pushing for increased electronic integration in vehicles. However, high manufacturing costs associated with automotive electronics impact the market growth. Furthermore, innovations in electronics and material science are enabling more complex automotive systems to create lucrative opportunities for manufacturers.
The American region encompassing the United States & Canada is prominent in innovation and investment in automotive electronics, driven by a robust demand for electric vehicles (EVs) and advanced driver-assistance systems (ADAS). Innovations highlight strides in autonomous vehicle technology and battery management systems, reflecting substantial research and development efforts. The EU's focus on sustainability and stringent emission standards is propelling innovations in green automotive technologies. The region shows a growing interest in autonomous vehicles, with significant investments in research and collaborative projects aiming for a unified digital market for automotive services. The Middle East is increasingly embracing automotive electronics through the adoption of smart transportation solutions and EVs, supported by oil-rich economies investing in post-oil era technologies. In the APAC region, China is a global powerhouse in automotive electronics manufacturing, which is attributed to its vast domestic market and government support for EVs. India's automotive electronics market is rapidly growing, driven by increased demand for connected vehicles and governmental pushes towards EV adoption. Start-ups and tech companies are actively investing in IoT-based solutions for vehicle management and advanced telematics services.
Market Segmentation & Coverage:
This research report categorizes the Automotive Electronic Manufacturing Services Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Service Type, market is studied across Design & Engineering Services, Manufacturing & Assembly Services, and Testing Services. The Design & Engineering Services is projected to witness significant market share during forecast period.
Based on Vehicle Type, market is studied across Commercial Vehicles and Passenger Cars. The Commercial Vehicles is projected to witness significant market share during forecast period.
Based on Application, market is studied across Body Electronics, Infotainment & Multimedia, Powertrain & Engine Control, and Safety System. The Infotainment & Multimedia is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Automotive Electronic Manufacturing Services Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Automotive Electronic Manufacturing Services Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Automotive Electronic Manufacturing Services Market, highlighting leading vendors and their innovative profiles. These include 3CEMS Group, ACTIA Group, Argus Embedded Systems Pvt Ltd., August Electronics Inc., Avalon Technologies Limited, EC Electronics Ltd., Fermionx Ltd., First International Computer, Inc., Hemar AG, Huber Automotive AG, Infopower Technologies Private Limited, Kimball Electronics, Inc., Kontron, d. o. o., KSG GmbH, MADES by Latecoere S.A., Mantra Softech Pvt Ltd., MOKO Technology, Prakant Electronics Pvt. Ltd., Profab Electronics Manufacturing Inc., SAFIRAL s.r.o., Sanmina Corporation, Sonic Manufacturing Technologies, SRM Technologies Private Ltd., Universal Scientific Industrial (Shanghai) Co., Ltd., and Vexos Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Automotive Electronic Manufacturing Services Market, by Service Type
7. Automotive Electronic Manufacturing Services Market, by Vehicle Type
8. Automotive Electronic Manufacturing Services Market, by Application
9. Americas Automotive Electronic Manufacturing Services Market
10. Asia-Pacific Automotive Electronic Manufacturing Services Market
11. Europe, Middle East & Africa Automotive Electronic Manufacturing Services Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Automotive Electronic Manufacturing Services Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Automotive Electronic Manufacturing Services Market?
3. What is the competitive strategic window for opportunities in the Automotive Electronic Manufacturing Services Market?
4. What are the technology trends and regulatory frameworks in the Automotive Electronic Manufacturing Services Market?
5. What is the market share of the leading vendors in the Automotive Electronic Manufacturing Services Market?
6. What modes and strategic moves are considered suitable for entering the Automotive Electronic Manufacturing Services Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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