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The global automotive electronics market was valued at USD 210.25 billion in 2018 and is projected to reach a value of USD 437.74 billion by 2026, registering a CAGR of 9.6 % during the forecast period, 2019u20132026.
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Automotive Electronics: What are they, and How do they Different from “Normal” Electronics? Automotive electronics are electronic systems utilized in vehicles, containing engine management, explosion, radio, carputers, telematics, in-car entertainment systems. Ignition, engine & transmission electronics are also originate in trucks, motorcycles, off-road vehicles, and other internal combustion powered machinery such as forklifts, tractors and excavators. Associated elements for control of relevant electrical systems are also originate on hybrid vehicles and electric cars. Electronic systems have become an progressively large component of the cost of an automobile, from only around 1% of its value in 1950 to around 30% in 2010.Modern electric cars rely on power electronics for the key propulsion motor control, as well as managing the battery system. Upcoming autonomous cars will rely on powerful computer systems, an array of sensors, networking & satellite navigation, all of which will require electronics. Trends in Automotive Electronics Market: The global Automotive Electronics Market was valued at USD 210.25 billion in 2018 and is projected to reach a value of USD 437.74 billion by 2026, registering a CAGR of 9.6 % during the forecast period, 2019–2026.
Competitive Landscape: Some of the major Companies in the Automotive Electronics Market are Autoliv Inc. (Sweden), Daicel Corporation, ZF Friedrichshafen AG (TRW Automotive), Aptiv PLC (Delphi Automotive), Key Safety Systems Inc. (Takata), Tokai Rika Co. Ltd., TOYODA GOSEI Co., Ltd. Segmental Insights Trends: The Automotive Electronics Market is Segmented By Vehicle Type, Sales Channel and Applications. By Vehicle Type Compact Passenger Cars Mid-sized Passenger Cars Premium Passenger Cars luxury passenger cars On the Basis of By Sales Channel:- OEM, Aftermarket. By Application Safety Systems Body Electronics Entertainment Powertrain Regional Insights: Geographically, the Automotive Electronics Market is segmented into four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa (MEA). North America Europe Asia Pacific
The Middle East & Africa Get FREE Sample copy of Automotive Electronics Market @ https://straitsresearch.com/report/automotive-electronics-market/request- sample About StraitsResearch: StraitsResearch, we have a tendency to alter our buyers to solve the quality of assorted industries through our marketing research & Consulting Services. Our reports area unit single-point solutions for businesses to grow, evolve, and mature. Our period information assortment strategies in conjunction with ability to trace quite a million high growth niche merchandise area unit aligned together with your aims. The elaborated and proprietary applied mathematics models employed by our analysts supply insights for creating right call within the shortest span of your time. For organizations that need specific however comprehensive data we provide tailor-made solutions through adhoc reports. These requests area unit delivered with the right combination of right sense of fact-oriented downside finding methodologies and investment existing information repositories. Contact: Straits Research 825 3rd Avenue, New York, NY 10022. Phone Number :- +1 6464807505. Email : sales@straitsresearch.com. Website : https://straitsresearch.com/
