Automotive Electronics Market 2019-2026

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Automotive Electronics Market 2019-2026

• The global automotive electronics market was
  valued at USD 210.25 billion in 2018 and is
  projected to reach a value of USD 437.74 billion
  by 2026, registering a CAGR of 9.6 during the
  forecast period, 20192026.

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Automotive electronics system is used in
electronic engine control for minimizing exhaust
emissions and improving entertainment and vehicle
motion control system. The demand for the
automotive electronics system has increased
significantly owing to rising demand for the
advanced features including electron braking
system, cruise control, along with safety, better
comfort, and advanced infotainment system.
Additionally, the growing popularity of electric
and smart hybrid vehicles is likely to boost the
market growth.In term of sales channel, the
automotive electronics market has been segmented
into original equipment manufacturer and
aftermarkets. The original equipment manufacturer
is expected to dominate the global market due to
increasing uses of electronic component for
improving vehicle performance and growing
consumer trust on OEMs for highly durable and
genuine products.
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The Automotive Electronics market report is the
most important research for who looks for
complete information on the global trends for
the Automotive Electronics market. This report
covers all information on the Global as well as
regional markets including old and future trends
for market demand, supply, size, competitors,
prices and Global predominant vendors'
information. the report also provides a complete
overview of Automotive Electronics markets
including key players, types, manufacturing segmen
t, cost, fluid market shares, and market dynamics
in 2019.The report has been prepared based on
the synthesis, analysis, and interpretation of
information about the Automotive
Electronics market collected from specialized
sources. The competitive landscape section of the
report provides a clear insight into the market
share analysis of key industry players. Company
details, product portfolio, financial overview,
new project launched, recent development analysis
are the parameters included in the profile.
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North America is also expected to witness a
noteworthy growth in the automotive electronics
market during the forecast period due to the
stringent emission control standard and
increasing disposal income which rise the demand
of luxurious features such as biometric Vehicle
Access, active window displays, active health
monitoring, and remote vehicle shutdown.
Additionally, the U.S. market is expected to lead
the North America market owing to the presence of
key manufacturers such as Continental
Corporation, Robert Bosch GmbH, and Autoliv, Inc,
and TRW Automotive.Some of the major players
in the global automotive electronics market are
Autoliv Inc. (Sweden), Daicel Corporation, ZF
Friedrichshafen AG (TRW Automotive), Aptiv PLC
(Delphi Automotive), Key Safety Systems Inc.
(Takata), Tokai Rika Co. Ltd., TOYODA GOSEI Co.,
Ltd., Robert Bosch GmbH, Samsung Group (South
Korea), Denso Corporation, and ZF Friedrichshafen
AG.
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