Automotive Electronics Market 2018
Automotive Electronics Market Share, Size, Trends, and Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Automotive Electronics Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, and Global Market size, share, growth, trends, key players, forecast to 2023
Global Automotive Electronics Market Information Report by Application (Advanced Driver Assistance Systems, Safety Systems, Entertainment, Body Electronics and Others), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles), and by Region – Global Forecast to 2023
The global automotive electronics market is expected to grow at a CAGR of 6.56% over the forecast period of 2018-2023 as published by Market Research Future (MRFR). Growth in the automotive industry translates into increasing demand for automotive electronics. To increase safety and reduce incidences of accidents. The vehicle to expand significantly. Need for an enhanced driving experience such as digitalization of dashboards, better sound, and video capabilities is inducing demand for automotive electronics and driving the market growth. Penetration of advanced technology in the automotive system is expected to drive the market. Stringent regulatory standard on vehicle safety is a crucial driver of the market. They are prompting the manufacturers to blend in their vehicle. The future of the automotive electronics market wants to be made accessible by the Internet of Things which wants to enable automation and connectivity. Regulatory standards have prompted the use of electronic gadgets to reduce emissions. Hefty investment by key players with the trend of in-vehicle infotainment is other factors which boost the market growth. High maintenance and replacement costs are the restraining factors to the growth of the market.
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segmentation
The global automotive electronics market has been segmented based on type, sales channel, and technology. By type, the market has been segmented into advanced driver assistance systems, Body Electronics, Entertainment, Powertrain, Safety Systems, Others. By the sales channel, the market has been segmented into OEM and aftermarket. By application, the market has been segmented into passenger cars, light commercial vehicle, heavy commercial vehicle, electric vehicle, and two-wheeler.
Regional Analysis
The key markets of the global automotive electronics market include North America, Europe, Asia Pacific, and Rest of the World. North America dominates the market for automotive electronics to comply with strict regulations and standards pertaining to vehicle safety and increased demand for electric vehicle and infotainment system.
Competitive Analysis
The global automotive electronics market is highly competitive with the presence of a multitude of established players. Many new entrants are not entering the market which would intensify the competition in the market. The existing players are investing in R & D for the introduction of new products to their position in the market. Notable players of the market include Robert Bosch GmbH (Germany), Infineon Technologies AG (Germany), Hitachi, Ltd. (Japan), Atotech (Germany), Denso Corporation (Japan), Koninklijke Philips NV (Netherlands), OMRON Corporation (Japan), HGM Automotive Electronics (US), Delta Electronics, Inc. (Taiwan), ZF Friedrichshafen AG (US) ,
Table of Contents
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
3 MARKET LANDSCAPE
4 MARKET DYNAMICS
5 GLOBAL AUTOMOTIVE ELECTRONICS MARKET, BY TYPE
6 GLOBAL AUTOMOTIVE ELECTRONICS MARKET, BY SALES CHANNEL
7 GLOBAL AUTOMOTIVE ELECTRONICS MARKET, BY APPLICATION
8 GLOBAL AUTOMOTIVE ELECTRONICS MARKET, BY REGION
9 COMPETITIVE LANDSCAPE
10 COMPANY PROFILES
Continued …….
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