The Automotive
Electronics Market was worth USD 150 billion in the year 2012
and is expected to reach approximately USD 334.80 billion by 2022, while
registering itself at a compound annual growth rate (CAGR) of 7.49% during the
forecast period. The progress towards cutting edge safety frameworks is relied
upon to drive the global automotive electronics market throughout the following
years. Alcohol ignition interlocks, emergency call systems, and accident data
recorder systems are an example of developments where future request is relied
upon to stimulate market development.
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Key Players in Market:
TRW Automotive
Continental AG
Denso
Johnson Controls
Robert Bosch GmbH
Delphi Automotive
TRW Automotive
Continental AG
Denso
Johnson Controls
Robert Bosch GmbH
Delphi Automotive
Market Scenario:
The European Union is anticipated to command various applications within the following couple of years. Driver’s assistance systems and Low-speed collision avoidance systems are expected to be among the prevalent innovations. Coordination of map-enabled systems likewise gives various application alternatives prompting points of interest, for example, intelligent front lighting systems, lane departure systems and driver assistance systems empowered by united versatile front lighting. Security advances additionally incorporate speed alert, map-supported adaptive front lighting, usage data transmission and collision warning. Absence of awareness about the general comprehension of the interplay of subsystems and trouble of OEMs in keeping up and dealing with the procedure with implanted controllers that are produced by tier-1 providers is anticipated to challenge market development.
The European Union is anticipated to command various applications within the following couple of years. Driver’s assistance systems and Low-speed collision avoidance systems are expected to be among the prevalent innovations. Coordination of map-enabled systems likewise gives various application alternatives prompting points of interest, for example, intelligent front lighting systems, lane departure systems and driver assistance systems empowered by united versatile front lighting. Security advances additionally incorporate speed alert, map-supported adaptive front lighting, usage data transmission and collision warning. Absence of awareness about the general comprehension of the interplay of subsystems and trouble of OEMs in keeping up and dealing with the procedure with implanted controllers that are produced by tier-1 providers is anticipated to challenge market development.
Asia Pacific is
relied upon to keep representing most of the worldwide market throughout the
following years. The administration in China has advanced C-NCAP’s safety
evaluations urging purchasers to see a five-star rating as a manual for
vehicle’s quality. The Department of Transportation in the United States has
commanded equipment for safety, for example, a backup camera in every new
vehicle, expanding vehicle costs by USD 200 for the new base models.
The global automotive electronics market is segmented as
follows:
By Application:
Infotainment
Safety Systems
ADAS
Powertrain
Body Electronics
Infotainment
Safety Systems
ADAS
Powertrain
Body Electronics
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Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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United States
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Email: sales@crystalmarketresearch.com
Blog: https://blog.crystalmarketresearch.com
Website: http://www.crystalmarketresearch.com
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