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Automotive electronics components are being installed in on-road and off-road vehicles such as passenger cars, commercial vehicles, tractors, and forklifts. Automotive electronic components are primarily used for the proper functioning of the electronic fuel injection system, anti-lock braking system (ABS), infotainment system, and automotive dashboard. In addition, automotive electronics components are also used in satellite-controlled devices that can be used for navigation and traffic surveillance, and in automotive vehicle diagnostic tool that is used to ensure maximum fuel utilization and maintain the health of automotive engine. 

Market Dynamics

Rising adoption of the internet of things (IoT), artificial intelligence (AI) in automotive vehicles, increasing sales of automotive vehicles, rise in demand for the safety features in-vehicle, and infotainment system, is further expected to propel the demand for automotive electronics over the forecast period. For instance, according to Coherent Market Insights analysis, in the year 2019, approximately 1.4 million vehicles of at least level III autonomy were get sold globally, and it is estimated that by the year 2030, more than 57 million vehicles of level III autonomy will get sold globally. 

However, the high initial cost of vehicle components such as infotainment systems and headlights, is expected to restrain the growth of the global automotive electronics market over the forecast period. In addition, low adoption of automotive electronics in several developing economies such as South Africa is further expected to hamper the growth of automotive electronics components.

Market Taxonomy

This report segments the global automotive electronics market on the basis of component, sales channel, vehicle type, application, and region. On the basis of component, global automotive electronics market is segmented into relay, microcontroller, sensors, ECU, and others. On the basis of sales channel, the global automotive electronics market is segmented into OEM and aftermarket. On the basis of vehicle type, the global automotive electronics market is segmented into passenger vehicle, low commercial vehicle, and high commercial vehicle. On the basis of application, global automotive electronics market is segmented into ADAS, infotainment system, safety and alerting system, lightning and powertrain system, and others. On the basis of region, global automotive electronics market is segmented into North America, Latin America, Europe, Asia pacific, Middle East, and Africa.

Key features of the study:

  • This report provides an in-depth analysis of the global automotive electronics market, provides market size (US$ Billion), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global automotive electronics market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Major companies operating in the global automotive electronics market include: Aptiv PLC, BASF SE, Broadline Components, LLC, Continental AG, Denso Corporation, Hitachi Ltd., Infineon Technologies AG, Jabil Inc, Magna International Inc, NVIDIA Corporation, NXP Semiconductors N.V., Robert Bosch GmbH, STMicroelectronics N.V., Texas Instruments, and ZF Friedrichshafen AG
  • These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • The global automotive electronics market analysis report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global automotive electronics market

Detailed Segmentation:

  • Global Automotive Electronics Market, By Component:
    • Relay
    • Microcontroller
    • Sensors
    • ECU
    • Others
  • Global Automotive Electronics Market, By Sales Channel:
    • OEM
    • After Market
  • Global Automotive Electronics Market, By Vehicle Type:
    • Passenger Vehicle
    • Low Commercial Vehicle
    • High Commercial Vehicle
  • Global Automotive Electronics Market, By Application:
    • ADAS
    • Infotainment System
    • Safety and Alerting System
    • Lightning and Powertrain System
    • Others
  • Global Automotive Electronics Market, By Region:
    • North America
    • Europe
    • Latin America
    • Asia Pacific
    • Middle East and Africa
  • Company Profiles
    • Aptiv PLC**
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Key highlights
    • BASF SE
    • Broadline Components, LLC
    • Continental AG
    • Denso Corporation
    • Hitachi Ltd.
    • Infineon Technologies AG
    • Jabil Inc.
    • Magna International Inc.
    • NVIDIA Corporation
    • NXP Semiconductors N.V.
    • Robert Bosch GmbH
    • STMicroelectronics N.V.
    • Texas Instruments
    • ZF Friedrichshafen AG

**All the pointers will also be provided for the rest of the companies.

Browse all the market data tables and figures on ‘Global Automotive Electronics Market - Forecast to 2028’

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Component
      • Market Snippet, By Sales Channel
      • Market Snippet, By Vehicle Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Solutions Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
  4. Global Automotive Electronics Market: Impact of COVID-19 on Market
    • Short Term
    • Long term
  5. Global Automotive Electronics Market, By Component, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • Relay
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Microcontroller
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Sensors
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • ECU
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  6. Global Automotive Electronics Market, By Sales Channel, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • OEM
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • After Market
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  7. Global Automotive Electronics Market, By Vehicle Type, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • Passenger Vehicles
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Low Commercial Vehicles
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • High Commercial Vehicles
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  8. Global Automotive Electronics Market, By Application, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • ADAS
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Infotainment System
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Safety and Alerting System
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Lightning and Powertrain System
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  9. Global Automotive Electronics Market, By Region, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Component, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Sales Channel, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Vehicle Type, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Application, 2021–2028 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Component, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Sales Channel, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Vehicle Type, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Application, 2021–2028 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Component, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Sales Channel, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Vehicle Type, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Application, 2021–2028 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Component, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Sales Channel, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Vehicle Type, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Application, 2021–2028 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Regional Trends
      • Market Size and Forecast, By Component, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Sales Channel, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Vehicle Type, 2021–2028 (US$ Million)
      • Market Size and Forecast, By Application, 2021–2028 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • GCC Countries
        • South Africa
        • Rest of the Middle East and Africa
  10. Competitive Landscape
    • Company Profiles
      • Aptiv PLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • BASF SE
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Broadline Components, LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Continental AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Denso Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Hitachi Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Infineon Technologies AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Jabil Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Magna International Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • NVIDIA Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • NXP Semiconductors N.V.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Robert Bosch GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • STMicroelectronics N.V.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Texas Instruments
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • ZF Friedrichshafen AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
  11. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse market data tables and figures on ‘Global Automotive Electronics Market -forecast to 2028’

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