Global Automotive Electronics Market Forecasts 2019-2025: Anticipating a CAGR of 8.6% - ResearchAndMarkets.com

DUBLIN--()--The "Automotive Electronics Market Size, Share & Trends Analysis Report By Component (ECU, Current Carrying Device, Sensor), By Application (Safety System, ADAS, Body Electronics), By Sales Channel, And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global automotive electronics market size is expected to reach USD 410.13 billion by 2025. The market is anticipated to expand at a CAGR of 8.6% over the forecast period.

Growing adoption of safety systems, such as anti-lock braking and airbags in automobiles, to curb road fatalities is expected to augment the market growth. Many developed and developing countries are framing new regulations for manufacturers mandating the installation of automated safety systems in vehicles.

For instance, the European Commission and China launched NCAP, which mandates the installation of Automatic Emergency Braking (AEB) and Lane Departure Warning (LDW) features, thus, improving the vehicle safety standards. Additionally, the companies are also integrating features, such as Advanced Driver-Assistance Systems (ADAS), along with the infotainment systems.

For instance, NVIDIA Corporation introduced the DRIVE CX platform that is a hardware module with software updates. The platform can be used for infotainment, as well as ADAS, solutions in next-generation autonomous vehicles. Moreover, rising demand for state-of-the-art vehicles will drive the market further.

Strict government regulations on fuel emission standards are also likely to have a positive impact on the automotive electronics demand. Moreover, transition towards advanced safety systems, such as alcohol ignition interlocks, emergency call systems, and accident data recorders, is expected to drive the global automotive electronics market over the next eight years. Asia-Pacific led the market in 2017 and is expected to continue its dominance over the forecast period. This growth is accredited to the presence of emerging automotive manufacturing countries, such as China, Japan, and India.

Increasing automotive investments, demand for state-of-the-art luxury and hybrid vehicles, and implementation of government regulations regarding safety standards have also fuelled automotive electronics demand in this region. Demand for more interactive systems like embedded vision systems capable of real-time image tracking has gained prominence, specifically in North America and Europe regions. For instance, the U.S. Department of Transportation has mandated safety equipment, such as backup camera in all new vehicles, thus, increasing vehicle costs by $200 for the new base models.

Further key findings from the study suggest:

  • The current carrying devices segment is expected to lead the global market due to high usage of relays, fuses, wiring, and connectors.
  • Based on application, the global automotive electronics market is led by safety systems.
  • This trend is expected to continue over the forecast period due to strict regulations regarding vehicle safety standards.
  • Asia Pacific is expected to be the largest regional market over the forecast period on account of the presence of emerging automotive hubs, such as China and India.
  • Key companies in the global market are Robert Bosch GmbH, Continental Corporation, Intel Corporation, Denso Corporation, Aptiv PLC, and ZF Friedrichshafen AG.

Key Topics Covered

Chapter 1 Methodology and Scope

1.1 Information Procurement

1.2 Purchased Database

1.2.1 Internal database

1.3 Research Methodology

1.4 Geographic Scope & Assumptions

1.5 Region/Country Wise Market Calculation

1.5.1 Region/Country Wise Market: Base Estimates

1.5.2 Region/Country Market: CAGR Calculation

1.6 Region-Based Segment Share Calculation

1.7 List of Primary Sources

1.8 List of Secondary Sources

1.9 List of Abbreviations

Chapter 2 Executive Summary

Chapter 3 Market Definitions

3.1 Market Segmentation

Chapter 4 Industry Outlook

4.1 Market Snapshot

4.2 Global Automotive Electronics Market Trends

4.3 Global Automotive Electronics Market

4.3.1 Component Segment Trends

4.3.2 Application Segment Trends

4.3.3 Sales Channel Segment Trends

4.3.4 Region Segment Trends

4.4 Value Chain Analysis

4.4.1 Who Supplies Whom, 2018

4.5 Market Variable Analysis

4.5.1 Market Driver Analysis

4.5.1.1 Rising Safety And Security Concerns

4.5.1.2 Increasing Adoption Of Connected Car Systems

4.5.1.3 Growing Demand For Luxury, Hybrid, And Electric Vehicles

4.5.2 Market Restraint Analysis

4.5.2.1 Intensification In Design Complexity

4.5.2.2 Increasing Risk For Data Breaches And Cyber Attacks

4.6 Penetration And Growth Prospect Mapping

4.7 Automotive Electronics Market Key Company Analysis, 2017

4.8 Business Environment Analysis Tool

4.8.1 Automotive Electronics Market: Pest Analysis

4.8.2 Automotive Electronics Market: Porters Analysis

Chapter 5 Automotive Electronics Market: Component Segment Analysis

5.1 Electronic Control Unit

5.2 Sensors

5.3 Current Carrying Devices

5.4 Others

Chapter 6 Automotive Electronics Market: Application Segment Analysis

6.1 ADAS

6.2 Infotainment

6.3 Body Electronics

6.4 Safety Systems

6.5 Powertrains

Chapter 7 Automotive Electronics Market: Sales Channel Segment Analysis

7.1 OEM

7.2 Aftermarket

Chapter 8 Automotive Electronics Market: Regional Analysis

8.1 North America

8.2 Europe

8.3 Asia-Pacific

8.4 Latin America

8.5 MEA

Chapter 9 Company Profiles

9.1 Altera (Intel Corporation)

9.2 Broadcom Ltd.

9.3 Continental AG

9.4 Delphi Technologies

9.5 Denso Corporation

9.6 Hella Gmbh & Co. KGaA (Hella)

9.7 Hitachi Automotive Systems Ltd.

9.8 Infineon Technologies AG

9.9 Microchip Technology Inc.

9.10 NXP Semiconductors N.V.

9.11 Panasonic Corporation

9.12 Robert Bosch GmbH

9.13 Texas Instruments Incorporated

9.14 Valeo Inc.

9.15 Visteon Corporation

9.16 Xilinx Inc.

9.17 ZF Friedrichshafen AG

For more information about this report visit https://www.researchandmarkets.com/r/89zzfm

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900