Global Automotive Electronics Market Size, Trends & Growth Opportunity, By Vehicle Type (Light Commercial Vehicles, Passenger Vehicles, and Heavy Commercial Vehicles), By Application (Powertrain, Safety Systems, Entertainment, Body Electronics, and Advanced Driver Assistance Systems), By Region and Forecast till 2027
Report ID : QR100973 | Industries : Automotive and Transportation | Published On :January 2021 | Page Count : 250Global Automotive Electronics Market
Automotive electronics are defined as electrically developed systems which used in vehicles to enhance the performance of electronic parts used for improving the efficiency of the vehicle & controlling entertainment devices. These systems help to control functions of the vehicle like engine ignition, fuel injection, entertainment systems, and communication systems etc.
Automotive electronics encompasses electrically operated systems deployed in vehicles. Continuous technological advancements including electrical active suspension & power trains for electronic vehicles in the automotive industry are further increasing the application areas for power electronic system in the automotive industry.
Market Drivers
The growing safety concerns leading to advanced safety systems is expected to propel the global automotive electronics market growth over the forecast period. The increase in demand for passenger cars in developing regions due to the increase in disposable income of individuals which expected to fuel the growth of the global automotive electronics market. Also, the increase in adoption of advanced safety systems like automatic emergency braking, airbags, and lane departure warning to reduce road accidents is expected to accelerate the global automotive electronics market growth.
The rise in demand for luxury & hybrid vehicles will positively influence the market growth. Furthermore, the increase in consumer preference for vehicles integrated with advanced Driver-Assisted Systems including Adaptive Cruise Control, Park Assist, and blind spot detection will propel the market growth. Additionally, the increase in automotive production will boost the global automotive electronics market growth during this forecast period.
Market Restraints
The high price of electronic systems as well as fluctuations in prices of raw materials is expected to hinder the revenue growth of the global automotive electronics market during this forecast timeframe. Also, the protection of complex electronic systems from damaging electrical hazards & stringent government regulations regarding vehicle safety are some challenging factors may limit the market growth.
Market Segmentation
The Global Automotive Electronics Market is segmented into vehicle type, application, and region. On the basis of vehicle type market is segmented into Light Commercial Vehicles, Passenger Vehicles, and Heavy Commercial Vehicles. Based on the application market is segmented into Powertrain, Safety Systems, Entertainment, Body Electronics, and Advanced Driver Assistance Systems.
Also, the Global Automotive Electronics Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key players
Some of the key operating key players in the global automotive electronics market are Infineon Technologies AG, Robert Bosch GmbH, OMRON Corporation, HGM Automotive Electronics, Delta Electronics, Inc, Atotech, Hitachi, Ltd, ZF Friedrichshafen AG , Denso Corporation, and Koninklijke Philips N.V., etc.
Market Taxonomy
By Vehicle Type
Light Commercial Vehicles
Passenger Vehicles
Heavy Commercial Vehicles
By Application
Powertrain
Safety Systems
Entertainment
Body Electronics
Advanced Driver Assistance Systems
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Key Questions Addressed by the Report
What are the Key Opportunities in Global Automotive Electronics Market?
What will be the growth rate from 2019 to 2027?
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the competitive Landscape in the Industry?
What is the role of key players in the value chain?
What are the strategies adopted by key players?
Global Automotive Electronics Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Automotive Electronics Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Automotive Electronics Market, By Vehicle Type
5.1 Y-o-Y Growth Comparison, By Vehicle Type
5.2 Global Automotive Electronics Market Share Analysis, By Vehicle Type
5.3 Global Automotive Electronics Market Size and Forecast, By Vehicle Type
5.3.1 Light Commercial Vehicles
5.3.2 Passenger Vehicles
5.3.3 Heavy Commercial Vehicles
6 Global Automotive Electronics Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Automotive Electronics Market Share Analysis, By Application
6.3 Global Automotive Electronics Market Size and Forecast, By Application
6.3.1 Powertrain
6.3.2 Safety Systems
6.3.3 Entertainment
6.3.4 Body Electronics
6.3.5 Advanced Driver Assistance Systems
7Global Automotive Electronics Market, By Region
7.1 Global Automotive Electronics Market Share Analysis, By Region
7.2 Global Automotive Electronics Market Share Analysis, By Region
7.3 Global Automotive Electronics Market Size and Forecast, By Region
8North America Automotive Electronics Market Analysis and Forecast (2020 – 2027)
8.1 Introduction
8.2 North America Automotive Electronics Market Share Analysis, By Vehicle Type
8.3 North America Automotive Electronics Market Size and Forecast, By Application
8.4 North America Automotive Electronics Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Automotive Electronics Market Analysis and Forecast (2020 – 2027)
9.1 Introduction
9.2 Europe Automotive Electronics Market Share Analysis, By Vehicle Type
9.3 Europe Automotive Electronics Market Size and Forecast, By Application
9.4 Europe Automotive Electronics Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Automotive Electronics Market Analysis and Forecast (2020 – 2027)
10.1 Introduction
10.2 Asia Pacific Automotive Electronics Market Share Analysis, By Vehicle Type
10.3 Asia Pacific Automotive Electronics Market Size and Forecast, By Application
10.4 Asia Pacific Automotive Electronics Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Automotive Electronics Market Analysis and Forecast (2020 – 2027)
11.1 Introduction
11.2 Latin America Automotive Electronics Market Share Analysis, By Vehicle Type
11.3 Latin America Automotive Electronics Market Size and Forecast, By Application
11.4 Latin America Automotive Electronics Market Size and Forecast, By Country
12Middle East Automotive Electronics Market Analysis and Forecast (2020 – 2027)
12.1 Introduction
12.2 Middle East Automotive Electronics Market Share Analysis, By Vehicle Type
12.3 Middle East Automotive Electronics Market Size and Forecast, By Application
12.4 Middle East Automotive Electronics Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Infineon Technologies AG
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Robert Bosch GmbH
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 OMRON Corporation
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 HGM Automotive Electronics
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Delta Electronics, Inc
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Atotech, Hitachi, Ltd
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 ZF Friedrichshafen AG
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Denso Corporation
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Koninklijke Philips N.V.
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies