Global Automotive Electronics Market, 2019-2024: Market is Expected to Grow at a CAGR of Around 8% – Yahoo Finance

DUBLIN, July 1, 2019 /PRNewswire/ — The “Automotive Electronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to’s offering.

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The global automotive electronics market is expected to grow at a CAGR of around 8% during 2019-2024.

Automotive electronics are employed in both on-road and off-road vehicles such as trucks, tractors, forklifts, excavators, motorcycles, and hybrid and electric cars. They are primarily used in the functioning of electronic fuel injection, driver assistance and infotainment system to improve the efficiency of the vehicle.

For instance, the anti-lock braking system (ABS) prevents vehicles from skidding on slopes and electronic car security locks provide improved security through remote controlled locks and a central locking system. Besides this, automotive electronics also include satellite-controlled devices for traffic surveillance and diagnostic tools to ensure optimum fuel utilization and maintain engine health.

Technological innovations in the automotive electronics sector is a crucial factor driving the market. The introduction of autonomous or driverless cars that offer a self-driven experience to the user along with the launch of cost-efficient electric vehicles with enhanced features is driving the growth of the market.

Furthermore, a shift toward hybrid and luxury vehicles equipped with in-vehicle entertainment devices offering a more sophisticated and interactive user experience is further augmenting the demand for automotive electronics. Besides this, advanced computing technologies, such as parking assistance, electrical suspensions, braking and steering systems, are applied to reduce accidents and fatalities which are significantly increasing their demand among both manufacturers and consumers.

Additionally, product innovations such as active-window display, remote vehicle shutdown, exhaust emission control and reconfigurable body panels are also catalyzing the growth of the market.

Key Questions Answered in This Report:

  • How has the global automotive electronics market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global automotive electronics industry?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the vehicle type?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the global automotive electronics industry?
  • What are the key driving factors and challenges in the global automotive electronics industry?
  • What is the structure of the global automotive electronics industry and who are the key players?
  • What is the degree of competition in the global automotive electronics industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Automotive Electronics Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Component
5.4 Market Breakup by Vehicle Type
5.5 Market Breakup by Distribution Channel
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast

6 Market Breakup by Component
6.1 Electronic Control Unit
6.2 Sensors
6.3 Current Carrying Devices
6.4 Others

7 Market Breakup by Vehicle Type
7.1 Light Commercial Vehicles
7.2 Passenger Vehicles
7.3 Heavy Commercial Vehicles
7.4 Others

8 Market Breakup by Distribution Channel
8.1 OEM
8.2 Aftermarket

9 Market Breakup by Application
9.1 ADAS
9.2 Infotainment
9.3 Body Electronics
9.4 Safety Systems
9.5 Powertrain

10 Market Breakup by Region

11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Omron Corporation
15.3.2 Robert Bosch GmbH
15.3.3 Infineon Technologies AG
15.3.4 HGM Automotive Electronics
15.3.5 Hitachi, Ltd.
15.3.6 Delta Electronics, Inc.
15.3.7 Atotech Deutschland GmbH
15.3.8 TRW Automotive
15.3.9 Continental AG
15.3.10 Bosch Group
15.3.11 Altera Corporation
15.3.12 Lear Corporation
15.3.13 Aptiv
15.3.14 Texas Instruments
15.3.15 Atmel Corporation
15.3.16 Altera Corporation
15.3.17 Denso Corporation

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