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Auto Electronics Global Market Outlook 20172023 [Report Updated: 01112017] Prices from USD $4150

03:08 EST 22 Jan 2018 | BioPortfolio Reports

According to Stratistics MRC, the Global Auto Electronics market is accounted for $173.06 billion in 2016 and is expected to reach $401.67 billion by 2023 growing at a CAGR of 12.8%. Technological advancements in electronics industry has well emulsified into automotive sector, giving output as a well maintained and safe driving experience. Prevailing benefits including emergency call system, accident data recorder and alcohol ignition locks system are some of the factors fuelling the market growth. On the other hand, lack of interaction between OEM management and subsystems is the factor inhibiting the market.


ADAS Advanced Driver Assistance Systems segment is estimated to dominate the market owing to the government mandatory deployment terms coupled with growing acceptance of active safety systems in vehicle. Asia Pacific market is expected to dominate the trend in the forthcoming years on account of vehicle customization, superior product quality and low cost. Moreover, North America and Europe are proliferating demand for customer comfort and safety which is driving market over there.


Some of the key players of the Auto Electronics market include Altera, Atmel Corporation, Audiovox Corp., Avago Technologies, Bosch Group, Continental AG, Delphi Automotive, Denso Corp., Dow Corning, Hitachi Automotive, Infineon Technologies, Panasonic, Texas Instruments, TRW Automotive and Wipro.


Vehicle Types Covered:

Light Commercial Vehicles LCV

Heavy Commercial Vehicles HCV

Luxury cars

Premium Passenger Cars

Luxury Passenger Cars

Compact Passenger Cars

Midsized Passenger Cars


Applications Covered:

Entertainment

Body Electronics

ADAS Advanced Driver Assistance Systems

Safety Systems

Powertrain


Sales Channels Covered:

Original Equipment Manufacturers

Aftermarket


Regions Covered:

North America

o US

o Canada

o Mexico

Europe

o Germany

o UK

o Italy

o France

o Spain

o Rest of Europe

Asia Pacific

o Japan

o China

o India

o Australia

o New Zealand

o South Korea

o Rest of Asia Pacific

South America

o Argentina

o Brazil

o Chile

o Rest of South America

Middle East Africa

o Saudi Arabia

o UAE

o Qatar

o South Africa

o Rest of Middle East Africa


What our report offers:

Market share assessments for the regional and country level segments

Market share analysis of the top industry players

Strategic recommendations for the new entrants

Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets

Market Trends Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations

Strategic recommendations in key business segments based on the market estimations

Competitive landscaping mapping the key common trends

Company profiling with detailed strategies, financials, and recent developments

Supply chain trends mapping the latest technological advancements

Original Article: Auto Electronics Global Market Outlook 20172023 [Report Updated: 01112017] Prices from USD $4150

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