openPR Logo
Press release

Automotive Electronics Market: Clear Understanding of The Competitive Landscape and Key Product Segments

11-30-2017 10:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Automotive Electronics Market: Clear Understanding of

The global automotive electronics market is gaining from the rising safety considerations that greatly influence consumers’ buying decision for automobiles. Automotive electronics comprise electrically operated systems that are installed in vehicles. Electronic fuel injection, advanced driver assistance, airbag, telematics, and in-car entertainment are some of the areas where automotive electronics are deployed in order to increase the overall efficiency.

High-end electronics equip vehicles with navigation, information, and entertainment systems that are delivered over a wireless network. So much so, infotainment technologies embedded in the dashboard hold considerable importance for car buyers. This requires additional storage space for rich multimedia data and advanced software and applications thereby driving an explosive growth of volatile as well as nonvolatile memories.

Obtain Report Details @
https://www.transparencymarketresearch.com/automotive-electronics-market.html

As electric and hybrid vehicles become popular, automotive electronics are likely to become the key focus of manufacturers of automotive electronics. Further, technological advancements such as power trains and electrical active suspensions for electric vehicles is likely to increase the application areas of power electronics in the automotive sector.

automotive electronics market
Government-driven safety programs such as New Car Assessment Programs (NCAP) are aimed at increasing the overall road safety. This, in turn, is expected to lead to the development of newer technologies so as to reduce the impact and possibility of accidents. Almost 40% on-board components in a car are electronic based and this percentage is likely to grow with the regulations that govern the automotive industry.

However, automotive electronics security is a major concern with increasing vehicular connectivity and system complexity. To address this, industry meets such as Automotive Electronic Systems Innovation Network (AESIN) are striving to create real solutions to secure against cybercrime and hacking.

Obtain Brochure Of Report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=31742

As per estimates presented by a report by Transparency Market Research (TMR), the global automotive electronics market will clock a CAGR of 7.4% for the forecast period between 2017 and 2022. Progressing at this pace, the market will likely be valued at US$5,048.9 mn by the end of 2022 from its evaluated worth of US$3,530.7 mn in 2017.

Among the various vehicle type segments, mid-sized passenger cars is likely to contribute a revenue of US$923.3 mn by the end of 2017. This revenue contribution will amount the segment to hold 26.2% of the market in 2017. Progressing at a CAGR of 6.8% over the forecast period, the mid-sized passenger car segment is likely to contribute a revenue of US$1,282.3 mn by the end of 2022 to represent 25.4% of the market.

Get Sample Of Report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=31742

From a geographical perspective, Europe is anticipated to dominate the global automotive electronics market in 2017 vis-à-vis revenue. The region is anticipated to display a 6.5% CAGR over the forecast period between 2017 and 2022 to be valued at US$1,265.8 mn by the end of 2022.

North America is a significant market for automotive electronics. The region is estimated to be worth US$787.7 mn and further rise to a valuation of US$1,159.3 mn by 2022-end expanding at a CAGR of 8% from 2017 to 2022.

The worldwide market for automotive electronics features a considerably high degree of competition on account of presence of a multitude of established players. Leading players in the global automotive electronics market include Infineon Technologies AG, Texas Instruments Inc., ON Semiconductor Corp., ST Microelectronics N.V., Maxim Integrated Products Inc., NXP Semiconductor NV, OMRON Corporation, Robert Bosch GmbH, Hitachi Ltd., and ZF Friedrichshafen AG.

About Us

Transparency Market Research (TMR) is a 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. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State 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 Electronics Market: Clear Understanding of The Competitive Landscape and Key Product Segments here

News-ID: 839102 • Views: 117

More Releases from Transparency Market Research

Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
OEM Insulation Market Growth, Trends and Value Chain 2019-2027 by TMR
OEM Insulation Market – Overview OEM means Original Equipment Manufacturer that indicates to a company that produces a part or a subsystem of a product that is being used by another organization. Thermal insulation or simply insulation allows the product to cut down the heat gain or loss at the minimum by creating a barrier between the surfaces at the varying temperatures. There are wide range of applications and end-use verticals

All 5 Releases


More Releases for Automotive

Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Automotive Tires Market
The automotive tires play a very important role in vehicle performance along with the vehicle engine. A tire should be fine enough to carry vehicle weight and pressure on any road with superior breaking performances. The manufacturers focus on enhancing the production and performance capabilities of tires to meet with the growing demands of OEMs as well as secondary market.The automotive tires market is expected to grow rapidly in the
Automotive Actuators Market 2017 - AK, FTE automotive
MarketReports.biz’s Automotive Actuators market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Request for sample @ https://goo.gl/auN0LC The Players mentioned in our report AK FTE automotive The report includes the forecasts, Analysis and discussion of important industry trends,
Global Automotive Windshield Market
“Global Automotive Windshield Industry 2021 Market Research Report” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. Windshields, also known as windscreens, are curved glasses placed in the front of a vehicle to protect the occupant from the wind and road debris such as mud and dust. It also enhances the aerodynamics of the vehicle. Technavio’s analysts forecast the global automotive windshield market to grow at a CAGR of 4.64% during the period
Automotive Market Outlook 2016
This document is a series of scorecards for major Automotive markets which review historic (2011-2015), short term (2016-2020) and medium/long term (2021-2030) performance of light vehicle sales in the markets covered by the Automotive system. A ranking from 1 to 10 is assigned to each macro and micro driver that impact demand, which is multiplied by a score ranging from +5 (positive) to -5 (negative) for the three time periods,
Tweaked Automotive ‘Spectre Edition’
Tweaked Automotive announces its most recent special edition release, the Spectre Edition Land Rover Defender. The idea of executing a special Land Rover Defender build was circulating around the Tweaked Automotive design department for some time. The fact Land Rover ceased production of these much loved four wheel drives that have been around since 1948 prompted Tweaked Automotive to get stated as a matter of urgency. Hand in hand the 007TM