Press release
Automotive Electronics Market Statistical Forecast, Growth Insights, and Trade Analysis (2024-2031) | Geotab, MiX Electronics, Verizon Connect, Teletrac Navman
Automotive Electronics Market || 2024-2031
Download Free Sample PDF: https://datamintelligence.com/download-sample/automotive-electronics-market
What is the projected growth rate (CAGR) of the Global Automotive Electronics market from 2024 to 2031, and what is the market value expected to change by 2031?
Global Automotive Electronics Market reached US$ 6.5 billion in 2023 and is expected to reach US$ 12.4 billion by 2031, growing with a CAGR of 8.5% during the forecast period 2024-2031.
What is Automotive Electronics Market?
Automotive Electronics refers to the electronic systems and components used in vehicles to enhance performance, safety, and functionality. This includes a wide range of applications such as engine control units (ECUs), infotainment systems, advanced driver-assistance systems (ADAS), navigation, and communication technologies. Automotive electronics play a crucial role in improving fuel efficiency, enabling connectivity, and supporting the integration of autonomous driving features. With the increasing trend towards electric vehicles and smart technologies, the demand for advanced automotive electronics continues to grow, driving innovation in the automotive industry.
Growth Driver
Growth in Software and Electrical Components
The automotive electronics industry is being transformed by the ACES trends-autonomous driving, connected vehicles, electrification of powertrains, and shared mobility. These trends are interconnected and mutually supportive, causing significant disruptions throughout the automotive electronics value chain and affecting all stakeholders involved. This convergence is driving demand for advanced software and electrical components, paving the way for innovative solutions and enhanced vehicle functionalities.
Key Players:
Profiles of some of the major players in the global Automotive Electronics market, which include:
Geotab, MiX Electronics, Verizon Connect, Teletrac Navman, Omnitracs LLC, CalAmp, Samsara, TomTom, Trimble and Fleet Complete.
Industry Development:
In January 2023, BMW unveiled the i Vision Dee at CES 2023, showcasing the vehicle's advanced digital capabilities. The central control features a mixed reality slider that transforms the windshield into a dynamic portal of digital experiences. With Shy-Tech technology, touch sensors allow drivers to customize the level of digital content displayed.
In July 2023, Altium and Ansys announced a partnership aimed at improving the electronic design and development process by creating a digital connection between Altium's electronic computer-aided design tools and Ansys Electronics Desktop. This collaborative integration, set to launch in the latter half of 2023, aims to enhance digital continuity, reducing development time and minimizing design errors.
In June 2023, AMD introduced the Versal Premium VP1902 adaptive system-on-chip (SoC), which is recognized as the world's largest adaptive SoC. Featuring an impressive 18.5 million logic cells in a compact 77x77 mm area on a four-tile interconnected chiplet, this SoC delivers double the density and bandwidth compared to its predecessor, the previous generation Versal premium device.
The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Automotive Electronics market.
Get this Premium Report: https://www.datamintelligence.com/buy-now-page?report=automotive-electronics-market
Market Segments:
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.
By Type: Engine Electronics, Transmission Electronics, Chassis Electronics, Driver Assistance, Entertainment Systems, Electronic and Integrated, Cockpit Systems
By End-User: Automotive Manufacturers, Fleet Operators, Government and Public, Transportation Agencies, Electronics Manufacturers
Regional Break out:
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Get Customization in the report as per your requierments: https://datamintelligence.com/customize/automotive-electronics-market
Key Features
➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.
➧ Track competitor's movements in real time, allowing you to swiftly adapt strategies and remain competitive.
➧ Compare your performance with industry leaders to identify gaps, strengths, and areas for improvement.
➧ Stay updated with emerging market trends, technological advancements, and customer behaviour to refine your strategy.
➧ Receive actionable insights and recommendations to drive your business toward growth and long-term success.
➧ Tailor competitive intelligence to your unique business needs, ensuring relevant and focused analysis.
➧ Evaluate supply chain efficiency and logistics strategies to optimize operations and minimize disruptions.
➧ Understand key players, stakeholders, and partnerships to navigate the competitive landscape more effectively.
➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviours.
➧ Stay informed on regulatory changes and legal requirements impacting your industry to ensure compliance and mitigate risks.
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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 Electronics Market Statistical Forecast, Growth Insights, and Trade Analysis (2024-2031) | Geotab, MiX Electronics, Verizon Connect, Teletrac Navman here
News-ID: 3706129 • Views: …
More Releases from DataM Intelligence 4 Market Research LLP
Antioxidants Market Is Booming By Vita Foods 2026: Top Companies - Kaneka Medica …
DataM Intelligence has published a new research report on "Antioxidants Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
Antioxidants Market Size reached US$ 5.34 billion in 2024…
Global Krill for Pet Food Market Trends & Industry Insights 2025 | Major Compani …
Global Krill for Pet Food Market reached US$ 410.2 million in 2022 and is expected to reach US$ 1,001.2 million by 2031, growing with a CAGR of 11.8% during the forecast period 2024-2031.
The Krill for Pet Food Market receives exhaustive analysis from DataM Intelligence, delivering stakeholders essential market data, emerging industry patterns, and strategic business intelligence. This in-depth research explores the competitive landscape in detail, evaluating market leaders across multiple…
Herbal Supplements Market 2025: Global Trends, Opportunities & Vita Foods 2026 - …
DataM Intelligence has published a new research report on "Herbal Supplements Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
Get a Sample PDF Of This Report (Get…
Future of Animal Parasiticides Market: Sustainable and Effective Parasite Contro …
Global Animal Parasiticides market reached US$ 11.8 billion in 2022 and is expected to reach US$ 19.09 billion by 2031, growing with a CAGR of 6.2% during the forecast period 2024-2031.
The Animal Parasiticides Market receives exhaustive analysis from DataM Intelligence, delivering stakeholders essential market data, emerging industry patterns, and strategic business intelligence. This in-depth research explores the competitive landscape in detail, evaluating market leaders across multiple dimensions including their innovative…
More Releases for Electronic
Revolutionizing Electronic Warfare: The Power of Cognitive Electronic Warfare Sy …
According to the report published by Allied Market Research, " Cognitive Electronic Warfare System Market by Capability (Electronic Attack, Electronic Protection, Electronic Support, Electronic Intelligence) and by Platform (Naval, Airborne, Land, Space): Global Opportunity Analysis and Industry Forecast, 2023-2032 "Cognitive electronic warfare systems are based on learning action frameworks that use machine learning algorithms and artificial intelligence (AI) to mimic human perception of learning, memory, and judgement. Machine learning, being…
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…
