According to the latest report by IMARC Group, the global automotive electronics market reached a value of US$ 205 Billion in 2020. Automotive electronics refer to specially-designed electronics that are intended for use in both on-road and off-road automobiles such as trucks, tractors, forklifts, excavators, and electric and hybrid cars.

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Global Automotive Electronics
Market Research Report and
Forecast 2021-2026
Author: Elena Anderson,
Marketing Manager |
IMARC Group
© 2019 IMARC All Rights Reserved

2. Report Description
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3. Report Description
Report Description and Highlights
Global Automotive Electronics Market Outlook 2026:
As per the latest report by IMARC Group, titled “Automotive Electronics Market: Global Industry
Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global automotive electronics
market reached a value of US$ 205 Billion in 2020.
Automotive electronics refer to specially-designed electronics that are intended for use in both on-
road and off-road automobiles such as trucks, tractors, forklifts, excavators, and electric and hybrid
cars.
These electronics enhance the engine control and aid in providing higher safety, security and comfort
to the driver as well as the passengers in a vehicle.
For instance, the anti-lock braking system (ABS) prevents vehicles from skidding on slopes, whereas
electronic car security locks offer enhanced security by using remote-controlled locks and a central
locking system.
Airbags, infotainment, advanced driver assistance and electronic fuel injection are some of the other
areas wherein automotive electronics systems are utilized.

4. Report Description
Report Description and Highlights
Global Automotive Electronics Market Trends:
One of the vital factors that are propelling the growth of the automotive electronics industry is
technological advancements. The arrival of autonomous or driverless cars, in confluence with the
launch of cost-efficient electric vehicles with enhanced features, is impelling the market growth.
Moreover, a shift towards luxury vehicles which are equipped with in-vehicle entertainment devices,
offering a relatively more sophisticated and interactive user experience is stimulating the demand for
automotive electronics across the globe.
Apart from this, advanced computing technologies including parking assistance, electrical suspensions,
braking and steering systems are being applied in cars to decrease accidents and fatalities.
Moreover, manufacturers are introducing product innovations like active-window display, remote
vehicle shutdown, exhaust emission control and reconfigurable body panels to expand their consumer
base.
Request for a free sample report: https://www.imarcgroup.com/automotive-electronics-
market/requestsample

5. Market Summary:
Breakup by Component:
• Electronic Control Unit
• Sensors
• Current Carrying Devices
• Others
Breakup by Vehicle Type:
• Light Commercial Vehicles
• Passenger Vehicles
• Heavy Commercial Vehicles
• Others
Breakup by Distribution Channel:
• OEM
• Aftermarket
Report Description
Report Description and Highlights

6. Breakup by Application:
• ADAS
• Infotainment
• Body Electronics
• Safety Systems
• Powertrain
Breakup by Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
On account of the aforementioned factors, the market is anticipated to witness strong growth during
2021-2026.
Report Description
Report Description and Highlights

7. Competitive Landscape With Keyplayer:
• Omron Corporation
• Robert Bosch GmbH
• Infineon Technologies AG
• HGM Automotive Electronics
• Hitachi, Ltd.
• Delta Electronics Inc.
• Atotech Deutschland GmbH
• TRW Automotive
• Continental AG
• Bosch Group
• Altera Corporation
• Lear Corporation
• Aptiv
• Texas Instruments
• Atmel Corporation
• Altera Corporation
View Report TOC, Figures and Tables: https://www.imarcgroup.com/automotive-electronics-market
Report Description
Report Description and Highlights

8. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

10. Report Description
Report Description and Highlights
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