Automotive Powertrain Electronics Market Report and Forecast 2025-2034

The global automotive powertrain electronics market is estimated to grow at a CAGR of 7.00% in the forecast period of 2025-2034.

Thriving Passenger Cars Segment to Stimulate the Market Growth of Automotive Powertrain Electronics

The growing demand for passenger cars owing to the economic improvement and inflating disposable income of the customers is driving the market growth of powertrain electronics. In addition, the application of powertrain electronics in providing higher performance, added convenience, and greater safety for passenger cars is contributing to the steady growth of the market. Moreover, the powertrain electronics help control motor speed and torque, reduce energy consumption in air conditioning systems and carbon emissions, thereby bolstering the market growth. Further, the powertrain development projects, and the unique spectrum of services provided by the leading key players are expected to fuel the market in the forecast period.

Europe and the Asia Pacific to Account for a Significant Share in the Market for Automotive Powertrain Electronics

The rising environmental regulations and programmes regarding clean energy in the automotive sector are augmenting the market growth of automotive powertrain electronics in the European region. In addition, the growing presence of leading automotive manufacturers is significantly catalysing the market growth of automotive powertrain electronics.

The Asia Pacific region is also witnessing an incremental development in the market for automotive powertrain electronics because of the increasing vehicle production in countries like India, Japan, and China. In addition, the expanding population, and their demands for luxury cars with ADAS and advanced infotainment systems are projected to aid the market in the coming years.

Market Segmentation

Automotive powertrain electronics is an integral part of a vehicle that generates the power required to move the vehicle. It includes engine, axle, driveshaft, and transmission, among others. The electronic system is essential as it enables smooth steering, excellent body control, acceleration, and enhance safe driving.

Market Breakup by Device Type

• Power IC
• Module and Discrete

Market Breakup by Component Type

• Engine
• Chassis
• Transmission
• Steering
• Front/ Rear Axle
• Interior Trim
• Others

Market Breakup by Vehicle Type

• Passenger Cars
• Commercial Vehicles

Market Breakup by Region

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

Rising Demand for Efficient Vehicles to Invigorate the Market Growth of Automotive Powertrain Electronics

The growing adoption of electric vehicles owing to rapid urbanisation and the inclination towards advanced safety features for a better experience is significantly catalysing the market for automotive powertrain electronics. In addition, the increasing sales and production of vehicles with advanced technologies and safety measures that provide a better driving experience to the customers is also propelling the market growth of automotive powertrain electronics. Also, the rising inclination of customers towards powertrain electronics because of its ability to reduce fuel consumption, thus offering a cost-effective solution, is further propelling the market development.

Moreover, the stringent government regulations and the efforts taken by the environmental agencies to reduce emission levels through the electrification of powertrains for the eco-friendly transport sector is also leading to the market expansion of automotive powertrain electronics. Further, the investments made by industry players to introduce efficiency-enhancing innovations in powertrain components such as power modules, powertrain microcontrollers, and motor inverters are expected to augment the market for automotive powertrain electronics in the forecast period.

Key Players in the Global Automotive Powertrain Electronics Market

The report gives a detailed analysis of the following key players in the global automotive powertrain electronics market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Infineon Technologies AG
• Texas Instruments Incorporated
• Renesas Electronics Corporation
• NXP Semiconductors N.V.
• STMicroelectronics International N.V.
• Robert Bosch GmbH
• Mitsubishi Electric Corporation
• Others

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.