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Automotive Electronics Market: 2015 Industry Size Brandon Scherff Hat , Shares, Segment & Forecast up to 2021 Autos Articles | August 16, 2016

Increasing advancement of technology is expected to boost the demand of the automobile electronics market. Automobile electronics is an electrically developed systems used in road vehicles.



Automobile electronics is an electrically developed systems used in road vehicles. It plays major role in controlling engine of a vehicle. Engine ignition (spark, timing), fuel injection, entertainment systems such as music, communication systems Montae Nicholson Hat , emissions controls, heatingair conditioning, navigation system, security systems are different functions controlled electronically in vehicles.?Automotive electronics?basically originated from transition towards advanced safety systems. Automobile electronics are becoming very popular and increasingly adopted by the consumers due to rising technological advancements.


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Transition towards advanced safety systems and rising need to control the engine contribute to automobile electronics market growth over the forecast period. Increasing advancement of technology is further expected to boost the demand of the automobile electronics market. Different safety features and functions controlled by electronic system are the major driving factors of the automobile electronics market. Among all the functions controlled electronically, entertainment is the most popular function in automobile. This include control of audio-video players, carputers (computers designed for in-vehicle use), satellite radio Jonathan Allen Hat , and internet. Automobile electronics is used in all types of vehicles such as heavy vehicle, passenger vehicle, SUVs, MUVs and luxury vehicles among others.


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The report provides a comprehensive view on the automobile electronics, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the automobile electronics market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size Derrius Guice Hat , growth rate and general attractiveness. The market size and forecasts in terms of revenue (USD million) for the period 2015 to 2020, considering 2014 as the base year, have been provided for this segment of the report. The report segments the automobile electronics market on the basis of application and geography. On the basis of application automobile electronics market is segmented into advanced driver assistance system (ADAS), body electronics, infotainment, powertrain, and safety systems.


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Major regional segments analyzed in this study include North America Da'Ron Payne Hat , Europe, Asia Pacific, Latin America, and Middle East & Africa, further bifurcation of region on the country level, which include U.S., Germany Ryan Kerrigan Hat , UK, France, China, Japan and India. North America held the highest market share in terms of revenue in 2014. North America is followed by Europe and Asia Pacific. Asia Pacific is