United States (USA) Automotive Electronics Market Overview, 2029

United States (USA) Automotive Electronics Market Overview, 2029

The automotive electronics market in the United States is a crucial component of the automotive industry, playing a pivotal role in the development of advanced vehicle technologies. This market encompasses a wide range of electronic systems and components integrated into vehicles, including infotainment systems, advanced driver assistance systems (ADAS), navigation systems, telematics, and connectivity solutions. Increasingly seeking vehicles equipped with advanced electronics that enhance safety, comfort, and convenience. Features like adaptive cruise control, lane departure warning, and in-car entertainment systems are becoming standard expectations. Regulations are pushing automakers to integrate advanced electronics to meet compliance standards. Mandates such as backup cameras, tire pressure monitoring systems (TPMS), and soon, vehicle-to-everything (V2X) communication systems are driving the adoption of electronic components. The rise of electric vehicles (EVs) and autonomous vehicles (AVs) is accelerating the demand for sophisticated electronic systems. EVs require complex battery management systems and power electronics, while AVs rely heavily on sensors, cameras, and processing units for navigation and decision-making. For connectivity features such as in-car Wi-Fi, smartphone integration, and cloud-based services is fueling innovation in automotive electronics. Companies are investing in developing robust connectivity solutions to enhance the overall driving experience. Automakers and electronics manufacturers are heavily investing in research and development to stay competitive in the rapidly evolving automotive electronics market. Electronics market in the United States is all about the electronic systems and gadgets you find in cars, like the ones that help with navigation, entertainment, and safety. It's a big deal because people want cars with cool features that make driving easier and more enjoyable. Think things like touchscreens, backup cameras, and systems that help you stay in your lane. Government has rules about car safety and emissions, which push carmakers to add more electronics to meet these standards. Then there's the rise of electric cars and self-driving cars, which need a ton of electronic stuff to work properly. Plus, everyone wants their car to be like a mobile office or entertainment center, so there's a lot of focus on making cars more connected to the internet and smartphones.

According to the research report ""Unites States Automotive Electronics Market Overview, 2029,"" published by Bonafide Research, the Unites States Automotive Electronics market is anticipated to grow by more than 7.06 % CAGR from 2024 to 2029. The growth of the automotive electronics market in the United States is happening in various directions, like a, safety regulations and mandates from the government, such as the requirement for backup cameras and tire pressure monitoring systems (TPMS), the market is expanding horizontally. These regulations push manufacturers to integrate more safety features into vehicles, leading to the adoption of advanced electronic systems. The push towards autonomous vehicles (AVs) is propelling vertical growth in the automotive electronics market. AVs rely heavily on sensors, cameras, radar, LiDAR, and other electronic components for navigation and decision-making. As research and development in autonomous driving technology progress, the demand for these sophisticated electronic systems continues to grow. The shift towards electric vehicles (EVs) is another significant driver of growth. EVs require complex battery management systems, power electronics, and charging infrastructure, driving the demand for specialized automotive electronics tailored to electric powertrains. Expect their vehicles to be connected to the internet and equipped with advanced infotainment systems. The demand for features likes in-car Wi-Fi, smartphone integration, and cloud-based services is driving growth in the automotive electronics market, particularly in the area of connectivity solutions. In semiconductor technology, artificial intelligence (AI), machine learning, and augmented reality (AR) are opening up new opportunities for innovation in automotive electronics.

Define the segmentation in the United States automotive electronics market, which contains components like an electronic control unit, sensors, current-carrying devices, and others. ECUs are the brain of a vehicle's electronic system, responsible for controlling and managing various functions such as engine management, transmission control, braking systems, and more. Sensors play a critical role in gathering data about the vehicle's surroundings and internal systemsHMI components facilitate interaction between the vehicle and the driver or passengers. Additional electronic components that enhance the vehicle's functionality, connectivity, and user experience. Define the segmentation in the United States automotive electronics market, which contains vehicle type like a passenger vehicles, and commercial vehicles. Passenger Vehicles, Sedans category includes traditional four-door passenger cars with varying sizes and features. SUVs (Sports Utility Vehicles), Ranging from compact to full-size, SUVs are popular for their versatility, offering ample space and often featuring advanced electronic systems for comfort, safety, and entertainment.
Coupes: Typically two-door vehicles, coupes prioritize style and performance, often incorporating advanced electronic features for a premium driving experience. Hatchbacks, Known for their practicality and efficient use of space, hatchbacks may include compact, mid-size, or full-size models, with electronic systems tailored to their specific characteristics. Convertibles vehicles feature retractable roofs, offering open-air driving experiences, and may include electronic components related to convertible top operation and climate control. Electric Vehicles (EVs) and Hybrid Vehicles As the market for electric and hybrid passenger vehicles grows, specialized electronic systems for battery management, regenerative braking, and electric propulsion become increasingly important. Commercial Vehicles, Trucks, Ranging from light-duty pickups to heavy-duty commercial trucks, this category includes vehicles designed for transporting goods, construction, and other commercial purposes. Electronic systems in trucks may focus on efficiency, safety, and fleet management. Vans, Designed for various commercial applications such as cargo transportation, passenger shuttling, and delivery services, vans incorporate electronic features tailored to their specific use cases, including GPS tracking, onboard diagnostics, and connectivity solutions. Buses, Whether used for public transportation, school transportation, or private charter services, buses require electronic systems for passenger comfort, safety, and fleet management, including features such as infotainment systems, surveillance cameras, and telematics solutions.

Define the segmentation in the United States automotive electronics market, which contains distribution channel like OEM, and aftermarket. OEM suppliers work closely with automakers to develop custom solutions that meet their specific requirements for performance, quality, and reliability. These suppliers often specialize in specific areas such as infotainment, ADAS, powertrain electronics, or chassis control systems. Aftermarket automotive electronics are sold through various retail channels, including brick-and-mortar stores, online retailers, and automotive specialty shops. Consumers can purchase aftermarket electronic components and accessories to upgrade or customize their vehicles after purchase. Installation centers provide services to customers who purchase aftermarket products and require professional installation.

Define the segmentation in the United States automotive electronic market, which contains application like a advanced driver assistance systems, safety systems, body electronics, entertainment, and powertrain. ADAS encompasses a range of electronic systems designed to assist drivers in the driving process and enhance vehicle safety. Safety systems focus on mitigating the risk of accidents and minimizing injuries to vehicle occupants. Body electronics encompass a wide range of electronic systems that control various vehicle functions related to comfort, convenience, and security. Entertainment systems provide occupants with audio, visual, and connectivity features for enhanced driving experiences. Powertrain electronics control and optimize the operation of the vehicle's engine, transmission, and drivetrain components.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Automotive Electronics market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Component
• Electronic Control Unit
• Sensors
• Current Carrying Devices
• Others

By vehicle type
• Passenger Vehicles
• Commercial Vehicles

By distribution channel
• OEM
• Aftermarket

By Application
• Advanced Driver Assistance Systems
• Safety Systems
• Body Electronics
• Entertainment
• Powertrain

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Automotive Electronics industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.