Automotive electronics industry globally to reach USD 172B by 2020

reogma|Automotive electronics industry globally to reach USD 172B by 2020

In 2018, global automotive electronics producers generated revenue of USD 152 billion. The ADAS segment is likely to become the most attractive in the upcoming years.

  • Definition / Scope
  • Market Overview
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Industry Challenges
  • Technology Trends
  • Regulatory Trends
  • Market Size and Forecast
  • Market Outlook
  • Distribution Chain Analysis
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

Demand for automotive electronics market in the passenger cars segment is gaining momentum to reach over USD 350 billion by 2024 due to the recent technical developments such as the integration of advanced safety systems at reasonable prices.

The passenger cars segment is driven by developments including safety and driving assistance. There is also a growing demand for infotainment inside the vehicle. The newly developed passenger vehicles integrate several augmented systems that offer advanced safety and luxury feature.

Moreover, the demand related to comfortable vehicles owing to an increased purchasing capacity in countries such as India, USA, and Germany among others are adding the passenger vehicle production.

The newly developed commercial vehicles deploy several high-end and robust electronic systems that offer better performance and longer life in diverse applications. These vehicles are mainly deploying modern ADAS, powertrain, and infotainment systems that offer better facilities to the drivers as compared to conventional trucks and buses.

reogma|Automotive electronics industry globally to reach USD 172B by 2020


This report is 11 mins read | Subscribe now to read further.

Access all reports on site for only US$9.99/mo


Leave a Reply

Next Post

Sri Lankan Tourism

Mon Nov 13 , 2017
In 2018, global automotive electronics producers generated revenue of USD 152 billion. The ADAS segment is likely to become the most attractive in the upcoming years. Definition / Scope Market Overview Top Market Opportunities Market Drivers Market Restraints Industry Challenges Technology Trends Regulatory Trends Market Size and Forecast Market Outlook […]
reogma|Automotive electronics industry globally to reach USD 172B by 2020reogma|Automotive electronics industry globally to reach USD 172B by 2020

Tags

Tags

Newsletter Signup

Subscribe to our newsletter below and never miss the latest product or an exclusive offer.