Automotive Electronics Market Expected to Record Growth with Rapidly Growing during 2019 2029

Current carrying devices will grow two-folds from 2019 to 2029. This basic component of automobiles exhibits a strong growth trajectory of more than 7% CAGR during the forecast. Booming heavy duty vehicle sales in industries and light duty vehicle sales in developing countries are central factors contributing to the strong growth of this segment. On the other hand, sensors offer the most remunerative growth opportunities on the back of mass-adoption of parking assistance technology in both conventional and new-energy automobiles. The sensor segment of Automotive Electronics Market components will grow at a double digit growth rate of 10% CAGR through 2029.

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The Automotive electronics market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period. Key regions covered comprise:

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

The evaluation of the competitive landscape in the Automotive electronics market covers the profile of the following top players:

  • NXP Semiconductors N.V.,
  • Panasonic Corporation,
  • Robert Bosch GmbH,
  • Texas Instruments Incorporated,
  • Valeo Inc.,
  • Visteon Corporation,
  • Xilinx, Inc.,
  • ZF Friedrichshafen AG

The insights for each player will highlight their foundational model as well as their growth strategy.

  • Company profile
  • SWOT analysis
  • Main market information
  • Market share
  • Revenue, pricing and gross margin

To expand the understanding of opportunities in the global Automotive electronics market report looks at close quarters into the opportunities and new avenues in following key segments:

  • ADAS
  • Infotainment
  • Body Electronics
  • Safety Systems
  • Powertrain Electronics

In addition to understanding the demand patterns of various end users, the report on the Automotive electronics market also enumerates trends expected to attract investments by other various associated industries.

On the basis of product types, the Automotive electronics market report offers insight into major adoption trends for the following segments:

  • Electronic Control Unit
  • Sensors
  • Current Carrying Devices

The global Automotive electronics market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

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What Other insights does the Automotive electronics market report offers?

  • Global Automotive electronics market segmentation in terms of product type, application, and region.
  • In-depth analysis of growth indicators, key players in the Automotive electronics market, and an overview of the market landscape.
  • R&D projects, Collaborations, acquisitions, and product launches of each key market player.
  • What are COVID-19 implication on Automotive electronics market and learn how businesses can respond, manage and mitigate the risks?
  • Key legislations which will leave a long-lasting impact on market landscape
  • Introduction of advanced technologies, including big data & analytics, artificial intelligence, and social media platforms on the global Automotive electronics

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