Global Auto Electronics Market to Grow at a CAGR of 14.42% During 2016-2020: MarketResearchReports.Biz

MarketResearchReports.Biz has announced addition of new report “Global Auto Electronics Market 2016-2020” to its database.


Albany, NY -- (SBWIRE) -- 01/20/2017 -- About the Auto Electronics Market

Several structural changes have influenced the automotive industry over the past decade in the form of engine downsizing, electrification of automotive mechanisms, emission regulations, connectivity, and safety features. The industry is directly correlated with economic and regulatory environments, and consumer confidence levels.

Considerable overlaps exist in the development of automotive electronic technologies, wherein the twin drivers of regulatory requirements and consumer demands coincide, especially when it comes to the safety aspect of automotive electronics. On the other hand, the development of interiors and infotainment systems hinges solely on consumer demand.

Technavios analysts forecast the global auto electronics market to grow at a CAGR of 14.42% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global auto electronics market for 2016-2020. To calculate the size of the market, we have considered the production data for automobiles (passenger cars luxury, mid-level, and entry-level segments, and light commercial vehicles [LCVs], and heavy commercial vehicles [HCVs]), annual revenue data of a select list of major OEMs, and the annual revenue data for a select list of automotive suppliers.

The market is divided into the following segments based on geography:

Latin America
North America

Technavio's report, Global Auto Electronics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Aisin Seiki

Other prominent vendors
Hyundai Mobis
Lear Corp.
Magna International
TRW Automotive Holdings
ZF Friedrichshafen

Market driver
Consumer demand
For a full, detailed list, view our report

Market challenge
Short lifecycle of automotive electronics
For a full, detailed list, view our report

Market trend
Rising influence of non-automotive sector
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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