Automotive Electronics Market
Research Report (2020-2025) Provides In-Depth Analysis by Scope, Growth Rate,
Driving Factors, Competitive Situation, Top Manufacturers and Upcoming Trends. Automotive
Electronics Market report split global into several key Regions which mainly
includes Market Overview, Table of Content, List of Figures and Applications. Automotive
Electronics Market Growing at Higher CAGR Rate of XX% between (2020-2025).
Summery:-
The global Automotive Electronics
Market is expected to display higher growth rate over the next seven years.
Rapid surge in the automotive electronics industry is credited to rising demand
for safety systems like anti-lock braking and airbags in vehicles. Growing
concerns regarding safety of passenger & driver is driving demand for advanced
safety solution to limit road fatalities, thereby fostering market growth in
the past few years. Globally, the automotive electronics market is predicted to
generate massive revenue over next seven years, providing numerous
opportunities for industry participants to invest in research and development
of the market.
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The key driving factors responsible for the growth of Automotive
Electronics market :
Stringent laws & regulation
by regional governments for mandatory installation of automated safety systems
in vehicles, particularly in the developed and developing economies is expected
to fuel the growth of automotive electronics industry over the forecast period.
Introduction of exclusive features including accident data recorders, alcohol
ignition interlocks, and emergency call systems are gaining popularity among
consumers, thus spurring market demand in the past few years. Electric Vehicle
(EV) and Hybrid Electric Vehicle (HEV) are expected to gain momentum in
automotive industry, thereby supporting the market expansion, in the recent
years.
Several original equipment
manufacturers (OEMs) are spending heavily for research & development to
manufacture high performing products at reduced cost and develop energy storage
technologies. In addition, integration of automation in various stages of
manufacturing and increasing dependency on electronics for advanced safety
solutions are anticipated to stimulate the market growth of automotive
electronics over the next seven years.
The automotive electronics market
is broadly categorized into five major segments based on the end-use
application type such as ADAS (advanced driver-assistance systems),
infotainment, body electronics, safety systems, and power train electronics.
The ADAS (advanced driver-assistance systems) segment is growing rapidly in the
automotive electronics industry with substantial revenue generation in the last
few years. Growing popularity of automotive electronics in the ADAS (advanced
driver-assistance systems) segment is attributed to the increasing invest by
leading automobile manufactures.
The automotive electronics market
is divided by region as North America, Europe, Asia-Pacific, Latin America and
Africa. North America has shown major growth in recent years owing to the rise
in the implementation of latest technologies in automotive sector, swift
increase in sales of automobiles, surge in number of research & development
activities and existence of well-established industrial infrastructure in the
region. In European region, Germany, France, and United Kingdom are projected
to witness steady growth due to presence of leading automobile manufactures and
development of advanced security solutions for next generation automobiles.
View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/automotive-electronics-market
Table of Contents:-
• Automotive Electronics Market Overview
• Automotive Electronics Market
Competition by Manufacturers
• Automotive Electronics Market
Production, Revenue (Value) by Region (2014-2025)
• Automotive Electronics Market Supply
(Production), Consumption, Export, Import by Regions (2014-2025)
• Automotive Electronics Market
Production, Revenue (Value), Price Trend by Type
• Automotive Electronics Market Analysis
by Application
• Automotive Electronics Market
Manufacturers Profiles/Analysis
• Automotive Electronics Market
Manufacturing Cost Analysis
• Automotive Electronics Market
Industrial Chain, Sourcing Strategy and Downstream Buyers
• Automotive Electronics Market
Marketing Strategy Analysis, Distributors/Traders
• Automotive Electronics Market Effect
Factors Analysis
• Automotive Electronics Market Research
Findings and Conclusion
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