openPR Logo
Press release

Automotive Electronic Devices Market Growing at CAGR of about 3.1% estimated worth USD 18.5 bn

07-14-2016 04:14 PM CET | IT, New Media & Software

Press release from: TMR Research Reports

/ PR Agency: Transparency Market Research
The rapidly growing automotive industry and technological advancements have entirely revolutionized the driving experience. Cars are increasingly being equipped with various types of advanced gadgets. Whether it is the GPS or the entertainment system, digital technology has connected automotive electronic devices with smartphones and tablets, thereby making it easier to use the devices while driving. The electronic components in vehicles account for over 30% of the production cost and this is anticipated to rise in future.

Free PDF Sample For More Market insight can be Downloaded @ http://bit.ly/1tjzW6g

The global automotive electronic devices market is estimated to expand at a CAGR of 3.1% during the period between 2012 and 2018 and reach a valuation of US$18.5 bn. Stringent regulations, development in product technologies, and innovative OEM strategies have propelled the growth of the global automotive electronic devices market. Infrastructural development, rise in disposable income, and growing urbanization have led to a rise in demand for vehicles with advanced features and improved safety. The highly dynamic market scenarios in Asia Pacific and Latin America will boost the demand for automotive electronic devices in the coming years.

In terms of product type, the report segments the global automotive electronic devices market into entertainment systems, control devices, GPS systems, video devices, and others. The entertainment systems segment is the largest product segment and is further divided into satellite radio, dashboard players, radio/audio devices, TV-DVD players, and others.

Browse Full Market Report With Complete TOC @ http://bit.ly/1YfKHBX

The report studies the automotive electronic devices market across four key regions: North America, Europe, Asia Pacific, and Rest of the World. North America is the leading region in the market. However, during the forecast period, the region is expected to witness subdued growth. In Europe, the eurozone crisis has negatively affected the market.

Describing the competitive landscape, the report profiles some of the key players in the global automotive electronic devices market such as Antex, Philips, Delphi Automotive Systems, Denon, Sanyo, Yamaha, and Sony.

A new market research report by Transparency Market Research on the global automatic electronic devices market offers an overview of the current scenario of the market and points out the key factors affecting the growth of the market in the near future.

The report, titled “Automotive Electronic Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023,” projects the size and valuation of the global automotive electronic devices market during the period between 2015 and 2023. The report further studies the market on the basis of technology, product type, and region. Profiles of some of the key players in the global automotive electronic devices market have also been included in the report.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.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 Automotive Electronic Devices Market Growing at CAGR of about 3.1% estimated worth USD 18.5 bn here

News-ID: 349121 • Views:

More Releases from TMR Research Reports

Three Phase Transformer Market - Powertronix Corporation,Mitsubishi Corporation ,Siemens AG Among The Top Key Players
Three Phase Transformer Market - Powertronix Corporation,Mitsubishi Corporation …
Three phase transformer are widely used in power systems. They are more economical compared to single phase transformers. There is a growing demand of reliable technology allied to the power flow management within the power systems. They are of single unit which means all windings wound around the same core, immersed in one tank, or of three single phase units. These transformers have the windings connected in various ways like
Smart Irrigation Market - The Toro Company, Rachio Inc., Baseline Inc offering hardware and network components in line with developments
Smart Irrigation Market - The Toro Company, Rachio Inc., Baseline Inc offering h …
Smart Irrigation Market: Overview The amount of agricultural output is expected to grow till 2030, says a report by the Food and Agriculture Organization. With a projected growth of 1.4% in the aggregate crop production worldwide, the demand for supplies and solutions from industries working in the periphery of the agricultural sector is expected to rise. However, this does not necessarily mean that land under cultivation will rise dramatically. If anything,
Insulated Gate Bipolar Transistor (IGBT) Market - Research and Development to be Primary Focus of Industry Players
Insulated Gate Bipolar Transistor (IGBT) Market - Research and Development to be …
Insulated Gate Bipolar Transistor (IGBT) is a power semiconductor device and majorly finds application in switch, pulse modulation and phase control among others. This device competes with other power semiconductor devices including power MOSFETs, Silicon-Carbide (SiC), Gallium-Nitride (GaN). IGBT has been gaining demand owing to lower switching losses and higher reliability, which highlights features including higher efficiency and better thermal performance. The increasing focus and increased investments in R&D on
Film Machinery Market - Growth in Distribution Channels to Open Opportunities for Market Players
Film Machinery Market - Growth in Distribution Channels to Open Opportunities fo …
Films play a significant role in packaging industry. Polymers such as polyethylene, polypropylene, polyvinyl chloride (PVC), polyester and EVOH are usually used as film materials in the packaging industry. Films are usually manufactured by extrusion process and are in various forms depending upon their end use. Cast films, blown films, shrink films, oriented films and co-extruded films are some of the most important variations of films. Plastics packaging is

All 5 Releases


More Releases for America

Waterproof Labels Market Outlook, Supportive Judgments | SATO America, LANGGUTH …
Report Ocean recently published a new report on the Global Waterproof Labels Market. The study has an in-depth analysis of the forecast period from 2021-2025. The report reveals a comprehensive picture of the Waterproof Labels Market situation, taking into consideration all major trends, market dynamics, and competitive factors. Additionally, the report contains key statistics concerning the Waterproof Labels Market situation of the leading key players, key market trends, and potential
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Blow Molding Machinery Market Analysis Report, Regional Outlook - Europe, North …
Adroit Market Research has announced the addition of the “Global Blow Molding Machinery Market Size Status and Forecast 2025”, The report classifies the global Blow Molding Machinery in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Blow Molding Machinery Speaker market, analyzes and researches the Blow Molding Machinery Speaker development status and forecast in Europe,
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth
Epigenetics Market by End Users, and by Geography North America, Latin America, …
Increasing research to study the epigenetics of the genome (study called epigenomics) is expected to boost growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics
Spas and Beauty Salons Market - South America, Central America and North America …
Consumers’ changing perception towards personal care coupled with continuous strive to improve general well-being are generating a positive impact on the spas and beauty salons industry. Growing consumer need to improve personal appearance and well-being has increased the demand for wellness solutions. Spa centers and beauty salons, in order to meet the increasing demand for unique spa and beauty services, are constantly striving to improve their services by focusing on