Product Code: CMI4525
Global automotive electronics market is estimated to be valued at USD 254.76 Bn in 2024 and is expected to reach USD 446.23 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 8.3% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 254.76 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
8.30% |
2031 Value Projection: |
US$ 446.23 Bn |
Figure. Automotive Electronics Market Share (%), By Region, 2024
Rising demand for luxury and high-performance vehicles, increasing electronic architecture integration, and government regulations mandating safety features can drive the automotive electronics market growth. Furthermore, growing sales of electric & hybrid vehicle, increasing vehicle production, and emergence of autonomous vehicles can offer significant opportunities for automotive electronics manufacturers in the near future.
Market Dynamics:
Global automotive electronics market growth is driven by factors like rising demand for advanced driver-assistance systems (ADAS), in-vehicle safety and security, infotainment features, and electrification of vehicles. Stringent government regulations regarding vehicle safety and emission standards compel automakers to increase electronic content per vehicle. However, high development costs associated with automotive-grade electronics and complexity in managing rising electronic content can hamper the market growth. Growing electric vehicle industry, adoption of wireless technology, autonomous driving systems, and over-the-air vehicle software updates can offer market growth opportunities. Changing consumer preferences towards connectivity and advanced features can also drive the market growth.
Key features of the study:
This report provides in-depth analysis of the global automotive electronics market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global automotive electronics market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Analog Devices, Inc., Aptiv PLC, Autoliv Inc., Bosch (Robert Bosch GmbH), Continental AG, Delphi Technologies, Denso Corporation, Hitachi Automotive Systems, Ltd., Hyundai Mobis Co., Ltd., Infineon Technologies AG, Intel Corporation, Lear Corporation, NXP Semiconductors N.V., Panasonic Corporation, Texas Instruments Incorporated
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global automotive electronics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive electronics market
Detailed Segmentation:
- By Component Insights (Revenue, USD Bn, 2019 - 2031)
- Infotainment Systems
- Advanced Driver Assistance Systems (ADAS)
- Powertrain Electronics
- Body Electronics
- Chassis Electronics
- Others (Lighting, Telematics, etc.)
- By Vehicle Type Insights (Revenue, USD Bn, 2019 - 2031)
- Passenger Cars
- Commercial Vehicles
- Electric Vehicles
- By Sales Channel Insights (Revenue, USD Bn, 2019 - 2031)
- Original Equipment Manufacturers (OEMs)
- Aftermarket
- By Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Analog Devices, Inc.
- Aptiv PLC
- Autoliv Inc.
- Bosch (Robert Bosch GmbH)
- Continental AG
- Delphi Technologies
- Denso Corporation
- Hitachi Automotive Systems, Ltd.
- Hyundai Mobis Co., Ltd.
- Infineon Technologies AG
- Intel Corporation
- Lear Corporation
- NXP Semiconductors N.V.
- Panasonic Corporation
- Texas Instruments Incorporated
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Automotive Electronics Market, By Component
- Global Automotive Electronics Market, By Vehicle Type
- Global Automotive Electronics Market, By Sales Channel
- Global Automotive Electronics Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Automotive Electronics Market, By Component, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Infotainment Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Advanced Driver Assistance Systems (ADAS)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Powertrain Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Body Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Chassis Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others (Lighting, Telematics, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
5. Global Automotive Electronics Market, By Vehicle Type, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Passenger Cars
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Commercial Vehicles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Electric Vehicles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Global Automotive Electronics Market, By Sales Channel, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Original Equipment Manufacturers (OEMs)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Aftermarket
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
7. Global Automotive Electronics Market, By Region, 2019 - 2031, (USD Bn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, (USD Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Component, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- Latin America
- Introduction
- Market Size and Forecast, By Component, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Component, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Component, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Component, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Component, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country/Region, 2019 - 2031, (USD Bn)
- South Africa
- North Africa
- Central Africa
8. Competitive Landscape
- Analog Devices, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Aptiv PLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Autoliv Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Bosch (Robert Bosch GmbH)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Continental AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Delphi Technologies
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Denso Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hitachi Automotive Systems, Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hyundai Mobis Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Infineon Technologies AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Intel Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Lear Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- NXP Semiconductors N.V.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Panasonic Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Texas Instruments Incorporated
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. References and Research Methodology
- References
- Research Methodology
- About us