Global Automotive Electronics Market

Automotive electronics are defined as electrically developed systems which used in vehicles to enhance the performance of electronic parts used for improving the efficiency of the vehicle & controlling entertainment devices. These systems help to control functions of the vehicle like engine ignition, fuel injection, entertainment systems, and communication systems etc.



Automotive electronics encompasses electrically operated systems deployed in vehicles. Continuous technological advancements including electrical active suspension & power trains for electronic vehicles in the automotive industry are further increasing the application areas for power electronic system in the automotive industry.

Market Drivers

The growing safety concerns leading to advanced safety systems is expected to propel the global automotive electronics market growth over the forecast period. The increase in demand for passenger cars in developing regions due to the increase in disposable income of individuals which expected to fuel the growth of the global automotive electronics market. Also, the increase in adoption of advanced safety systems like automatic emergency braking, airbags, and lane departure warning to reduce road accidents is expected to accelerate the global automotive electronics market growth.

The rise in demand for luxury & hybrid vehicles will positively influence the market growth. Furthermore, the increase in consumer preference for vehicles integrated with advanced Driver-Assisted Systems including Adaptive Cruise Control, Park Assist, and blind spot detection will propel the market growth. Additionally, the increase in automotive production will boost the global automotive electronics market growth during this forecast period.

Market Restraints

The high price of electronic systems as well as fluctuations in prices of raw materials is expected to hinder the revenue growth of the global automotive electronics market during this forecast timeframe. Also, the protection of complex electronic systems from damaging electrical hazards & stringent government regulations regarding vehicle safety are some challenging factors may limit the market growth.

Market Segmentation

The Global Automotive Electronics Market is segmented into vehicle type, application, and region. On the basis of vehicle type market is segmented into Light Commercial Vehicles, Passenger Vehicles, and Heavy Commercial Vehicles. Based on the application market is segmented into Powertrain, Safety Systems, Entertainment, Body Electronics, and Advanced Driver Assistance Systems.

Also, the Global Automotive Electronics Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key players

Some of the key operating key players in the global automotive electronics market are Infineon Technologies AG, Robert Bosch GmbH, OMRON Corporation, HGM Automotive Electronics, Delta Electronics, Inc, Atotech, Hitachi, Ltd, ZF Friedrichshafen AG , Denso Corporation, and Koninklijke Philips N.V., etc.

Market Taxonomy

By Vehicle Type

• Light Commercial Vehicles
• Passenger Vehicles
• Heavy Commercial Vehicles

By Application

• Powertrain
• Safety Systems
• Entertainment
• Body Electronics
• Advanced Driver Assistance Systems

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Automotive Electronics Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?