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Automotive Electronics Market By Vehicle Class (Light Commercial Vehicles, Passenger Vehicles, Heavy Commercial Vehicles), By Component (Electronic Control Unit, Sensors, Current Carrying Devices), By Application (Advanced Driver-Assistance Systems, Infotainment, Body Electronics, Safety Systems, Powertrain), By Sales Channel (Original Equipment Manufacturer, Aftermarket) – Growth, Future Prospects & Competitive Analysis, 2019 – 2027

Summary
Table Of Content

Vehicle Automation as well as Safety and Emission Regulations to Boost the Demand for Automotive Electronics.

The global automotive electronics market was valued at US$ 273.23 billion in 2018 and is expected to grow significantly, expanding at a CAGR of 6.98% from 2019 to 2027. Automotive electronics are specially-designed electronic systems employed in vehicles that include the ignition system, engine management system, entertainment systems in vehicles, car computers, and telematics, among others. Automotive electronics are capable of withstanding more extreme working temperatures as compared to commercial electronics.

The primary purpose of automotive electronics in vehicles is to improve the overall performance of the vehicle without affecting driver convenience. Automotive electronics system manufacturers are emphasizing the recent trends in the automotive industry, such as autonomous driving and electric and hybrid-electric vehicles. For instance, Hyundai Mobis in May 2019 announced the successful development of “Preview Air Suspension Technology,” which predicts road and traffic conditions and, on the basis of such upcoming navigation information, automatically adjusts vehicle height and absorbs road shocks, providing a comfortable and safe ride.

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Automotive electronic systems such as ignition, transmission, and engine electronics are important parts of motorcycles, trucks, buses, excavators, forklifts, and off-road vehicles. Engine Control Units (ECU) for modular transmission and engine control, sensor technology and signal processing algorithms, and advanced driver-assisting infotainment are among the technological advancements incorporated in the automotive electronic systems of vehicles to obtain better overall performance.

Packaging for automotive electronic systems is being developed to withstand high temperatures, particularly in the engine and transmission to sub-segments, as the packaging sector advances. Owing to such developments, the automotive electronics industry now aims to incorporate the engine control unit and transmission control unit on the engine and transmission systems, respectively.

Growing demand for automation in vehicles for improved performance is accelerating automotive electronics market growth. Apart from this, the national and international norms for emission control, consumer awareness, fuel efficiency, and other parameters have a significant impact on the growth of the automotive electronics market. Moreover, the advent of electric and hybrid electric vehicles is expected to significantly boost the automotive electronics market during the forecast period.

Market Snapshot

In 2018, Safety Systems held the largest market share.

Based on application, safety systems had a major share in the overall revenue of the automotive electronics market in 2018. Safety systems are among essential automotive electronics systems and consist of a number of safety devices and accessories that ensure passenger, driver, and pedestrian safety.

Automotive electronics system manufacturers across the world realize the importance of safety and are constantly focusing on improving their offerings to provide advanced fail-safe systems. Increased consumer awareness and government initiatives to implement global safety standards across the region are key factors driving the growth of safety systems in the automotive electronics market.

Asia Pacific Garnered the Largest Market Share in 2018

Based on geography, the global automotive electronics market was led by the Asia Pacific region in 2018 and is likely to remain dominant throughout the forecast period. Realizing the growing consumer base, increasing demand for automobiles, and cost-effective manufacturing, several multinational automotive companies have shifted their production bases to Asia Pacific, especially in India, China, and Southeast Asia.

Automotive manufacturers understand the importance of electronic systems in gaining an edge over competitors. The demand for such innovative and advanced automotive electronic components is fulfilled by electronic component manufacturing industries, particularly in Malaysia, South Korea, Thailand, and Taiwan.

Competitive Insights

Automotive electronics market players are adopting strategies such as new product development, mergers and acquisitions, partnerships, and joint ventures to be competitive in consistently changing market dynamics and to cater to ever-growing consumer demands. Key players considered in the automotive electronics market include Robert Bosch GmbH, Continental Corporation, Samsung Group, Z.F. Friedrichshafen AG, Autoliv, Inc., Denso Corporation, Delphi Technologies, Magna Infotech, Panasonic Corporation, General Electric, Qualcomm, Inc., Materialise NV, NXP Semiconductors N.V., and Lisnr, Inc., among others.

Periods of History and Forecast

The research report presents the analysis of each segment from 2019 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments was calculated for the forecast period from 2019 to 2027.

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Report Scope by Segments

The automotive electronics market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global automotive electronics market based on vehicle class, component, application, sales channel, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

What was the size of the automotive electronics market in 2018, and what is the forecast up to 2027?
What are the key factors driving the global automotive electronics market?
What are the key market trends and high-growth opportunities observed in the automotive electronics market?
What are the drivers of the automotive electronics market?
Which is the largest regional market for automotive electronics?
Which segment will grow at a faster pace? Why?
Which region will drive the market’s growth? Why?
Which players are leading the automotive electronics market?
What are the sustainability strategies adopted by the key players operating in the market?

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global AE Market
2.2. Global AE Market, by Vehicle Class, 2018 (US$ Bn)
2.3. Global AE Market, by Component, 2018 (US$ Bn)
2.4. Global AE Market, by Application, 2018 (US$ Bn)
2.5. Global AE Market, by Sales Channel, 2018 (US$ Bn)
2.6. Global AE Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global AE Market Value, 2017 – 2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Automotive Electronics (AE) Market, by Vehicle Class , 2017 – 2027 (US$ Bn)
4.1. Overview
4.2. Light Commercial Vehicles
4.3. Passenger Vehicles
4.4. Heavy Commercial Vehicles

5. Global Automotive Electronics (AE) Market, by Component, 2017 – 2027 (US$ Bn)
5.1. Overview
5.2. Electronic Control Unit
5.3. Sensors
5.4. Current Carrying Devices

6. Global Automotive Electronics (AE) Market, by Application, 2017 – 2027 (US$ Bn)
6.1. Overview
6.2. Advanced Driver-Assistance Systems (ADAS)
6.3. Infotainment
6.4. Body Electronics
6.5. Safety Systems
6.6. Powertrain

7. Global Automotive Electronics (AE) Market, by Sales Channel, 2017 – 2027 (US$ Bn)
7.1. Overview
7.2. Original Equipment Manufacturer (OEM)
7.3. Aftermarket

8. North America Automotive Electronics (AE) Market Analysis, 2017 – 2027 (US$ Bn)
8.1. Overview
8.1.1. North America AE Market Value and Growth, 2017 – 2027, (US$ Bn)
8.2. North America AE Market Value, By Vehicle Class, 2017 – 2027 (US$ Bn)
8.2.1. Market Analysis
8.3. North America AE Market Value, By Component, 2017 – 2027 (US$ Bn)
8.3.1. Market Analysis
8.4. North America AE Market Value, By Application, 2017 – 2027 (US$ Bn)
8.4.1. Market Analysis
8.5. North America AE Market Value, By Sales Channel, 2017 – 2027 (US$ Bn)
8.5.1. Market Analysis
8.6. North America AE Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
8.6.1. Market Analysis
8.6.2. U.S.
8.6.3. Rest of North America

9. Europe Automotive Electronics (AE) Market Analysis, 2017 – 2027 (US$ Bn)
9.1. Overview
9.1.1. Europe AE Market Value and Growth, 2017 – 2027 (US$ Bn)
9.2. Europe AE Market Value, By Vehicle Class, 2017 – 2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Europe AE Market Value, By Component, 2017 – 2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Europe AE Market Value, By Application, 2017 – 2027 (US$ Bn)
9.4.1. Market Analysis
9.5. Europe AE Market Value, By Sales Channel, 2017 – 2027 (US$ Bn)
9.5.1. Market Analysis
9.6. Europe AE Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
9.6.1. Market Analysis
9.6.2. U.K.
9.6.3. Germany
9.6.4. France
9.6.5. Rest of Europe

10. Asia Pacific Automotive Electronics (AE) Market Analysis, 2017 – 2027 (US$ Bn)
10.1. Overview
10.1.1. Asia Pacific AE Market Value and Growth, 2017 – 2027, (US$ Bn)
10.2. Asia Pacific AE Market Value, By Vehicle Class, 2017 – 2027 (US$ Bn)
10.2.1. Market Analysis
10.3. Asia Pacific AE Market Value, By Component, 2017 – 2027 (US$ Bn)
10.3.1. Market Analysis
10.4. Asia Pacific AE Market Value, By Application, 2017 – 2027 (US$ Bn)
10.4.1. Market Analysis
10.5. Asia Pacific AE Market Value, By Sales Channel, 2017 – 2027 (US$ Bn)
10.5.1. Market Analysis
10.6. Asia Pacific AE Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
10.6.1. Market Analysis
10.6.2. Japan
10.6.3. China
10.6.4. India
10.6.5. Rest of Asia Pacific

11. Rest of the World Automotive Electronics (AE) Market Analysis, 2017 – 2027 (US$ Bn)
11.1. Overview
11.1.1. Rest of the World AE Market Value and Growth, 2017 – 2027, (US$ Bn)
11.2. Rest of the World AE Market Value, By Vehicle Class, 2017 – 2027 (US$ Bn)
11.2.1. Market Analysis
11.3. Rest of the World AE Market Value, By Component, 2017 – 2027 (US$ Bn)
11.3.1. Market Analysis
11.4. Rest of the World AE Market Value, By Application, 2017 – 2027 (US$ Bn)
11.4.1. Market Analysis
11.5. Rest of the World AE Market Value, By Sales Channel, 2017 – 2027 (US$ Bn)
11.5.1. Market Analysis
11.6. Rest of the World AE Market Value, By Region, 2017 – 2027 (US$ Bn)
11.6.1. Market Analysis
11.6.2. Middle East & Africa
11.6.3. Latin America

12. Company Profiles
12.1. Robert Bosch GmbH
12.2. Continental Corporation
12.3. Samsung Group
12.4. ZF Friedrichshafen AG
12.5. Autoliv, Inc.
12.6. Denso Corporation
12.7. Delphi Technologies
12.8. Panasonic Corporation
12.9. Magna Infotech
12.10. General Electric
12.11. Materialise NV
12.12. Qualcomm, Inc.
12.13. NXP Semiconductors N.V.
12.14. Lisnr, Inc.

List of Figures

FIG. 1 : Global Automotive Electronics (AE) Market: Research Methodology
FIG. 2 : Market Size Estimation – Top-Down and Bottom Up Approach
FIG. 3 : Global AE Market Segmentation
FIG. 4 : Global AE Market, by Vehicle Class, 2018 (US$ Bn)
FIG. 5 : Global AE Market, by Component, 2018 (US$ Bn)
FIG. 6 : Global AE Market, by Application, 2018 (US$ Bn)
FIG 7 : Global AE Market, by Sales Channel, 2018 (US$ Bn)
FIG. 8 : Global AE Market, by Geography, 2018 (US$ Bn)
FIG. 9 : Global AE Market Value, 2017 – 2027, (US$ Bn)
FIG. 10 : Attractive Investment Proposition, by Geography, 2018
FIG. 11 : Global Market Positioning of Key AE Providers, 2018
FIG. 12 : Global AE Market Value Share, by Vehicle Class, 2017 & 2027 (Value %)
FIG. 13 : Global Light Commercial Vehicles AE Market Value, 2017 – 2027, (US$ Bn)
FIG. 14 : Global Passenger Vehicles AE Market Value, 2017 – 2027, (US$ Bn)
FIG. 15 : Global Heavy Commercial Vehicles AE Market Value, 2017 – 2027, (US$ Bn)
FIG. 16 : Global AE Market Value Share, by Component, 2017 & 2027 (Value %)
FIG. 17 : Global Engine Control Unit AE Market Value, 2017 – 2027, (US$ Bn)
FIG. 18 : Global Sensors AE Market Value, 2017 – 2027, (US$ Bn)
FIG. 19 : Global Current Carrying Devices AE Market Value, 2017 – 2027, (US$ Bn)
FIG. 20 : Global AE Market Value Share, by Application, 2017 & 2027 (Value %)
FIG. 21 : Global AE Market Value for ADAS, 2017 – 2027, (US$ Bn)
FIG. 22 : Global AE Market Value for Infotainment, 2017-27, (US$ Bn)
FIG. 23 : Global AE Market Value for Body Electronics, 2017-27, (US$ Bn)
FIG. 24 : Global AE Market Value for Safety Systems, 2017-27, (US$ Bn)
FIG. 25 : Global AE Market Value for Powertrain, 2017-27, (US$ Bn)
FIG. 26 : North America AE Market Value, 2017 – 2027 (US$ Bn)
FIG. 27 : Europe AE Market Value, 2017 – 2027, (US$ Bn)
FIG. 28 : Asia Pacific AE Market Value, 2017 – 2027, (US$ Bn)
FIG. 29 : RoW AE Market Value, 2017 – 2027, (US$ Bn)

List of Tables

TABLE 1 : Market Snapshot: Global Automotive Electronics (AE) Market Value
TABLE 2 : Impact Indicators
TABLE 3 : Impact Analysis of Drivers and Restraints
TABLE 4 : Global AE Market, by Vehicle Class, 2017 – 2027 (US$ Bn)
TABLE 5 : Global AE Market, by Component, 2017 – 2027 (US$ Bn)
TABLE 6 : Global AE Market, by Application, 2017 – 2027 (US$ Bn)
TABLE 7 : Global AE Market, by Sales Channel, 2017 – 2027 (US$ Bn)
TABLE 8 : Global AE Market, by Geography, 2017 – 2027 (US$ Bn)
TABLE 9 : North America AE Market, by Vehicle Class, 2017 – 2027 (US$ Bn)
TABLE 10 : North America AE Market, by Component, 2017 – 2027 (US$ Bn)
TABLE 11 : North America AE Market, by Application, 2017 – 2027 (US$ Bn)
TABLE 12 : North America AE Market, by Sales Channel, 2017 – 2027 (US$ Bn)
TABLE 13 : North America AE Market Value, by Region/Country, 2017 – 2027 (US$ Bn)
TABLE 14 : Europe AE Market, by Vehicle Class, 2017 – 2027 (US$ Bn)
TABLE 15 : Europe AE Market, by Component, 2017 – 2027 (US$ Bn)
TABLE 16 : Europe AE Market, by Application, 2017 – 2027 (US$ Bn)
TABLE 17 : Europe AE Market, by Sales Channel, 2017 – 2027 (US$ Bn)
TABLE 18 : Europe AE Market Value, by Region/Country, 2017 – 2027 (US$ Bn)
TABLE 19 : Asia Pacific AE Market, by Vehicle Class, 2017 – 2027 (US$ Bn)
TABLE 20 : Asia Pacific AE Market, by Component, 2017 – 2027 (US$ Bn)
TABLE 21 : Asia Pacific AE Market, by Application, 2017 – 2027 (US$ Bn)
TABLE 22 : Asia Pacific AE Market, by Sales Channel, 2017 – 2027 (US$ Bn)
TABLE 23 : Asia Pacific AE Market Value, by Region/Country, 2017 – 2027 (US$ Bn)
TABLE 24 : Rest of the World AE Market, by Vehicle Class, 2017 – 2027 (US$ Bn)
TABLE 25 : Rest of the World AE Market, by Component, 2017 – 2027 (US$ Bn)
TABLE 26 : Rest of the World AE Market, by Application, 2017 – 2027 (US$ Bn)
TABLE 27 : Rest of the World AE Market, by Sales Channel, 2017 – 2027 (US$ Bn)
TABLE 28 : Rest of the World AE Market Value, by Region, 2017 – 2027 (US$ Bn)
TABLE 29 : Robert Bosch GmbH: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 30 : Continental Corporation.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 31 : Samsung Group.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 32 : ZF Friedrichshafen AG: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 33 : Autoliv, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 34 : Denso Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 35 : Delphi Technologies: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 36 : Panasonic Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 37 : Magna Infotech: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 38 : General Electric: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 39 : Materialise NV: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 40 : Qualcomm, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 41 : NXP Semiconductors N.V..: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 42 : Lisnr, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)

Frequently Asked Question:

What is the size of Automotive Electronics Market?

The market for Automotive Electronics Market is expected to reach USD$ 273.23 Bn in 2027.

What is the Automotive Electronics Market CAGR?

The Automotive Electronics Market is expected to see significant CAGR growth over the coming years, at 6.98%.

What is the Forecast period considered for Automotive Electronics Market?

The report is forecasted from 2019 -2027.

What is the base year considered for Automotive Electronics Market?

The base year of this report is 2018.

Who are the major players in this market?

Denso Corporation, Delphi Technologies, Magna Infotech, Panasonic Corporation, General Electric, Qualcomm, Inc. are some of the major players in the global market.

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