Selbyville, DE -- (SBWIRE) -- 10/25/2018 -- Market Study Report adds global Automotive Electronics market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

North America automotive electronics market is anticipated to witness an increase in overall growth of 8.5% up to 2024. Safety systems and powertrain are among the major contributing applications. Increasing technological development coupled with growing concern over safety and security in vehicles has positively influenced demand.

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Global automotive electronics market share is highly competitive owing to large presence of domestic and global industry players. Bosch Group, Continental AG, Denso, Delphi, Dow Corning, Hitachi and Panasonic are the major revenue generating companies.

Global Automotive Electronics Market is estimated to exceed USD 390 billion by 2024; according to a new research report.

Shifting consumer preference towards vehicles with safety equipment including map-supported front lighting, collision warning, and speed alert will drive automotive electronics demand. Benefits including low speed collision avoidance system, emergency call system and alcohol ignition interlocks will fuel product penetration.

Upsurge demand in overall fleets number along with their high average age will propel the automotive electronics market expansion. The global vehicle production is likely to surpass 130 million units over the upcoming eight years, thus booming the industry demand.

Continued penetration of advanced technology into nearly all the automobile main systems is expected to drive the industry growth. For instance, in Europe more than 40% of the on-board devices in the entire car is based on electronic and the percentage is likely to rise with the improvement in existing regulations & norms governing the automotive electrical components market.

Asia Pacific generated over USD 90 billion in 2016, shift of automobile electrical component manufacturer production unit to Asia owing to the availability of lesser cost equipment and labor. Need to meet international regulatory standards in order to promote export will facilitate industry growth.

Thailand, Vietnam, India, and Indonesia are among the key promising contributor in APAC. Significant rise in the consumer's income level propelling the demand for upgraded systems thus boosting regional industry growth.

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Table of Content:

Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry Insights and validation
1.1.4 Definitions, assumptions & forecast parameters
1.2 Data Sources
1.2.1 Primary
1.2.2 Secondary

Chapter 2 Executive Summary
2.1 Automotive electronics industry 360 degree synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Application trends
2.1.3 Regional trends

Chapter 3 Automotive Electronics Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013- 2024
3.3 Industry ecosystem analysis
3.3.1 Component suppliers
3.3.2 Manufacturers
3.3.3 Applications
3.3.4 Profit margin trends
3.3.5 Distribution channel analysis
3.3.6 Vendor matri
3.4 Industry impact forces
3.4.1 Growth drivers
3.4.1.1 Increasing implementation of stringent regulations and standards across the globe
3.4.1.2 Rise in merger and acquisition in the global automotive world
3.4.2 Industry pitfalls & challenges
3.4.2.1 Difficulty of OEMs in maintaining and managing the automotive electronics businesses
3.5 Global automotive industry landscape
3.6 Growth potential analysis
3.7 Automotive electronics company market share analysis,2016
3.7.1 Strategy dashboard
3.8 Porter's analysis
3.9 PESTEL analysis

Chapter 4 Automotive Electronics Market, By Application
4.1 Global automotive electronics market share by application, 2016 & 2024
4.2 ADAS
4.2.1 Market estimates and forecast from ADAS, 2013 - 2024, (USD Billion)
4.2.2 Market estimates and forecast from ADAS by region, 2013-2024, (USD Billion)
4.3 Body electronics

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