High-tech electronic systems are a permanent fixture in cars nowadays and carry out a range of functions from regulating fuel to detecting problems. Anything between 30 to 80 separate electronic controllers – most of which are for safety – are fitted in cars these days. Such electronic components, which include adaptive cruise control and lane assist systems, constitute about 30% of the vehicles cost and in the years ahead that figure is slated to increase further. Other functions served by automotive electronic devices are advanced driving assistance, infotainment, and enhancing comfort.
Geographically, North America holds the largest market share for automotive electronic devices but is expected to show moderate growth during the forecast period. An identical trend is anticipated in European countries, where euro debt crisis had a momentous descending effect on the market growth. The automobile sector in the rapidly growing markets of Asia Pacific and Latin America has been more buoyant and is showing gradual growth in upcoming years.
The Global Automotive Electronic Devices Market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global Automotive Electronic Devices Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Delphi Automotive Systems
Yamaha
Philips
Sanyo
Sony
Denon
Antex
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Infotainment
ADAS
Body Electronics
Safety
In Market segmentation by applications :
OEM
Aftermarket
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automotive Electronic Devices Market for the forecast period 2020 - 2026?
• What are the driving forces in the Automotive Electronic Devices Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automotive Electronic Devices industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?