Global Automotive Electronic Devices Market Growth 2023-2029

Global Automotive Electronic Devices Market Growth 2023-2029

High-tech electronic systems are a permanent fixture in cars nowadays and carry out a range of functions from regulating fuel to detecting problems. Anything between 30 to 80 separate electronic controllers – most of which are for safety – are fitted in cars these days. Such electronic components, which include adaptive cruise control and lane assist systems, constitute about 30% of the vehicles cost and in the years ahead that figure is slated to increase further. Other functions served by automotive electronic devices are advanced driving assistance, infotainment, and enhancing comfort.

LPI (LP Information)' newest research report, the “Automotive Electronic Devices Industry Forecast” looks at past sales and reviews total world Automotive Electronic Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Electronic Devices sales for 2023 through 2029. With Automotive Electronic Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Electronic Devices industry.

This Insight Report provides a comprehensive analysis of the global Automotive Electronic Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Electronic Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Electronic Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Electronic Devices and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Electronic Devices.

The global Automotive Electronic Devices market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Geographically, North America holds the largest market share for automotive electronic devices but is expected to show moderate growth during the forecast period. An identical trend is anticipated in European countries, where euro debt crisis had a momentous descending effect on the market growth. The automobile sector in the rapidly growing markets of Asia Pacific and Latin America has been more buoyant and is showing gradual growth in upcoming years.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Electronic Devices market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Infotainment
ADAS
Body Electronics and Safety

Segmentation by application
OEM
Aftermarket

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Delphi Automotive Systems
Yamaha
Philips
Sanyo
Sony
Denon
Antex

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Electronic Devices market?

What factors are driving Automotive Electronic Devices market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Electronic Devices market opportunities vary by end market size?

How does Automotive Electronic Devices break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.