Automotive Electronics Market, By Component (Infotainment Systems, Advanced Driver Assistance Systems (ADAS), Powertrain Electronics, Body Electronics, Chassis Electronics, Others (Lighting, Telematics, etc.)), By Vehicle Type (Passenger Cars, Commercial

Automotive Electronics Market, By Component (Infotainment Systems, Advanced Driver Assistance Systems (ADAS), Powertrain Electronics, Body Electronics, Chassis Electronics, Others (Lighting, Telematics, etc.)), By Vehicle Type (Passenger Cars, Commercial Vehicles, Electric Vehicles), By Sales Channel (Original Equipment Manufacturers (OEMs) and Aftermarket), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Rising demand for luxury and high-performance vehicles, increasing electronic architecture integration, and government regulations mandating safety features can drive the automotive electronics market growth. Furthermore, growing sales of electric & hybrid vehicle, increasing vehicle production, and emergence of autonomous vehicles can offer significant opportunities for automotive electronics manufacturers in the near future.

Market Dynamics:

Global automotive electronics market growth is driven by factors like rising demand for advanced driver-assistance systems (ADAS), in-vehicle safety and security, infotainment features, and electrification of vehicles. Stringent government regulations regarding vehicle safety and emission standards compel automakers to increase electronic content per vehicle. However, high development costs associated with automotive-grade electronics and complexity in managing rising electronic content can hamper the market growth. Growing electric vehicle industry, adoption of wireless technology, autonomous driving systems, and over-the-air vehicle software updates can offer market growth opportunities. Changing consumer preferences towards connectivity and advanced features can also drive the market growth.

Key features of the study:

This report provides in-depth analysis of the global automotive electronics market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global automotive electronics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Analog Devices, Inc., Aptiv PLC, Autoliv Inc., Bosch (Robert Bosch GmbH), Continental AG, Delphi Technologies, Denso Corporation, Hitachi Automotive Systems, Ltd., Hyundai Mobis Co., Ltd., Infineon Technologies AG, Intel Corporation, Lear Corporation, NXP Semiconductors N.V., Panasonic Corporation, Texas Instruments Incorporated

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global automotive electronics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive electronics market

Detailed Segmentation:

By Component Insights (Revenue, USD Bn, 2019 - 2031)

Infotainment Systems

Advanced Driver Assistance Systems (ADAS)

Powertrain Electronics

Body Electronics

Chassis Electronics

Others (Lighting, Telematics, etc.)

By Vehicle Type Insights (Revenue, USD Bn, 2019 - 2031)

Passenger Cars

Commercial Vehicles

Electric Vehicles

By Sales Channel Insights (Revenue, USD Bn, 2019 - 2031)

Original Equipment Manufacturers (OEMs)

Aftermarket

By Regional Insights (Revenue, USD Bn, 2019 - 2031)

North America

U.S.

Canada

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Europe

Germany

U.K.

Spain

France

Italy

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC Countries

Israel

Rest of Middle East

Africa

South Africa

North Africa

Central Africa

Key Players Insights

Analog Devices, Inc.

Aptiv PLC

Autoliv Inc.

Bosch (Robert Bosch GmbH)

Continental AG

Delphi Technologies

Denso Corporation

Hitachi Automotive Systems, Ltd.

Hyundai Mobis Co., Ltd.

Infineon Technologies AG

Intel Corporation

Lear Corporation

NXP Semiconductors N.V.

Panasonic Corporation

Texas Instruments Incorporated