Automotive Electronics Market Growth, Trends and Value Chain 2016-2026 by FMI

Automotive
Electronics Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016– 2026
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Description
Report Description
Automotive electronics comprises of electrically operated systems deployed in vehicles.
Electronic fuel injection, airbag, advanced driver assistance and infotainment are some of the
areas where automotive electronic systems is primarily used in order to increase the overall
efficiency of the combined system. As electric and hybrid vehicles are gaining traction in the
market, these systems are likely to become key focus area of electronic system providers.
Technological advancements such as electrical active suspensions and power trains for electric
vehicles in automotive industry are likely to increase the application areas for power electronic
system in automotive sector. Moreover, government safety programs such as New Car
Assessment Programs (NCAP) throughout the world are primarily targeting to increase the
overall road safety by pushing towards the development and evolution of technologies in order
to reduce the impact and likelihood of accidents for example improvement in airbag and stability
of control systems. As per estimation, around 40% of on-board components throughout a car are
electronic based and this percentage is most likely to increase with improvement in the current
regulations governing automotive industry.
Automotive Electronics Market: Drivers and Challenges
Increasing safety concerns leading to advanced safety systems is primarily expected to drive the
global automotive electronics market. Moreover, powertrains, wheels, parking assistance, and
electrical suspensions are the major application areas most likely to spur the growth of the
global automotive electronics market.
Report
Description
Report Description
Also, increasing environmental sustainability plus rising demand of cutting edge infotainment
systems will increase the demand for complex electronics systems thereby driving the global
automotive electronics market. Protection of complex electronic systems from damaging
electrical hazards and stringent government regulation regarding vehicle safety are some of the
major challenges facing designers in the automotive electronics industry.
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Automotive Electronics Market: Segmentation
Global Automotive Electronics market can segmented by application, by vehicle type and by
geography.
Based on application the global automotive electronics market can be segmented into:
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Advanced Driver Assistance Systems (ADAS)
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Body Electronics
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Entertainment
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Powertrain
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Safety Systems
Development in signal processing algorithms and sensor technology has laid the foundation for a
rapid growth of the ADAS market.
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Description
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ADAS segment is expected to be the fastest growing segment over the forecast period primarily
due to increased safety standards.
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The global automotive electronics market can be segment by vehicle type:
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Light Commercial Vehicles
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Passenger Vehicles
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Heavy Commercial Vehicles
By Geography, global automotive electronics market can be segmented into:
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North America
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Latin America
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Eastern Europe
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Western Europe
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Asia Pacific Excluding Japan (APEJ)
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Japan
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Middle East and Africa (MEA)
Automotive Electronics Market: Overview
By region the automotive electronics market is segmented into North America, Latin America,
Asia Pacific, Europe and Middle East & Africa.
Report
Description
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The global automotive electronics market is expected to grow with significant rate over the
forecast period. Developed economies such as U.S. and U.K. is anticipated to play major role in
first half of forecast period while during the second half of the forecast period emerging
economies such as India, China and Brazil is forecast to surge the demand for automotive
electronics
Automotive Electronics Market: Key Players
Some of the major players identified across the global automotive electronics market includes
OMRON Corporation, Robert Bosch GmbH, Infineon Technologies AG, HGM Automotive
Electronics, Hitachi, Ltd., Delta Electronics, Inc., Atotech Deutschland GmbH and ZF TRW. Major
players in automotive electronics systems are partnering with OEM’s. Key players across the
value chain are focusing primarily towards miniaturization, lightweight materials, electrification
and intelligence, thus considering automotive electronics as a key factor of competing through
differentiation.
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